European Firms Cut China Investments Amid Economic Slowdown
European firms reduce investments in China amid economic slowdown, overcapacity, and trade tensions, as profits decline and competition intensifies.
European firms reduce investments in China amid economic slowdown, overcapacity, and trade tensions, as profits decline and competition intensifies.
US to hike tariffs on EU goods to 30% starting August 1; EU open to negotiations but warns of countermeasures if needed. Trump cites trade deficit concerns.
US imports plummet 20% in April due to Trump's tariffs, marking a record monthly drop. Trade deficit shrinks as Canada and China exports hit multi-year lows. Talks continue amid global trade tensions. (219 characters)
European stocks closed lower as trade talks and corporate news weighed on markets. STOXX 50 fell 0.3%, while tech and luxury stocks declined. Vivendi surged 13.2% amid takeover buzz. Eurozone construction output rose 2.9% yearly, but current account
German stocks rise as DAX gains 0.3%, tracking European markets amid US-EU tariff deadline. Siemens hits 16-week high, while producer prices drop 1.3%. Investor sentiment reaches highest since 2022.