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US reaching out to China for tariff talks: Beijing state media
United States officials have reached out to their Chinese counterparts for talks on vast tariffs that have hammered markets and global supply chains, a Beijing-backed outlet said on Thursday citing sources.
Tariffs prompt Bank of Japan to lower growth forecasts
The Bank of Japan revised down its growth forecasts and held interest rates steady on Thursday, warning that trade tariffs are fuelling global economic uncertainty.
Nuclear power sparks Australian election battle
Rich in solar and wind power, and bulging in critical minerals for renewable energy technology, Australia touts itself as a leader in the race to net zero carbon emissions.
Tokyo stocks rise as BoJ holds rates steady
Japanese stocks rose Thursday as the central bank kept its key interest rates steady as expected, in thin trade with most Asian markets shut for the May 1 holiday.
Bank of Japan holds rates, lowers growth forecasts
The Bank of Japan on Thursday left its key interest rate unchanged but revised down its growth forecasts, warning that US trade tariffs are fuelling economic uncertainty.
UN body warns over Trump's deep-sea mining order
The head of the International Seabed Authority (ISA) on Wednesday criticized US President Donald Trump's order to fast-track deep-sea mining in the open ocean outside American territorial waters.
Global stocks mostly rise following mixed economic data
Global stocks rose for the most part Wednesday, digesting mixed economic data as more companies pull back from earnings forecasts amid uncertainty over US President Donald Trump's fast-changing trade policy.
Netflix's 'The Eternaut' echoes fight against tyranny: actor Ricardo Darin
Survival through teamwork: It's a tale as old as time with particular resonance today, says Argentine actor Ricardo Darin of his latest project "The Eternaut," which hit Netflix on Wednesday.
Meta quarterly profit climbs despite big cloud spending
Tech giant Meta reported quarterly profits well above expectations Wednesday, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth.
Ukraine, US say minerals deal ready as suspense lingers
The United States and Ukraine said Wednesday they could sign a long-anticipated minerals deal within the day, after last-minute concerns from Kyiv as it seeks long-term US support.
US economy shrinks, Trump blames Biden
The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald Trump's tariff plans, although the president pinned the blame squarely on his predecessor.
Caterpillar so far not hiking prices to offset tariff hit
Caterpillar has trimmed corporate travel and other discretionary spending to offset a tariff hit, but has no plans to raise prices or overhaul supply chains, executives said Wednesday.
US economy unexpectedly shrinks in first quarter, Trump blames Biden
The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald Trump's tariff plans, although the president pinned the blame squarely on his predecessor.
Renewable energy in the dock in Spain after blackout
Fierce debate raged in Spain on Wednesday over the role its reliance on renewable energy may have had in this week's blackout which disrupted millions of lives, though officials sought to downplay any potential link.
Stocks retreat as US GDP slumps rattles confidence
Stocks slid on Wall Street on Wednesday, pulling European indexes off earlier highs after the US economy contracted in the first quarter, heightening fears about the fallout of President Donald Trump's tariffs blitz on the world's largest economy.
Trump blames Biden's record after US economy shrinks
President Donald Trump lashed out at his predecessor's economic record Wednesday after US financial markets fell on the news that the American economy unexpectedly contracted in the first three months of the year.
Mexico avoids recession despite tariff uncertainty
Mexico's economy returned to growth in the first quarter of 2025, avoiding a recession despite deep uncertainty over US President Donald Trump's sweeping tariffs, official data showed Wednesday.
Stocks drop after US economy contracts amid tariffs turmoil
Stock markets retreated into the red Wednesday after the US economy contracted in the first quarter, a stark reminder of the risks President Donald Trump's tariffs blitz could hold for the world's largest economy and its main trading partners.
India to ask caste status in next census for first time in decades
India will conduct its first official caste census since independence, the government announced on Wednesday, a move likely to have far-reaching consequences for its politics and contentious affirmative action policies.
More automakers drop earnings guidance over tariffs
Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other automakers Wednesday in suspending their annual financial guidance because of uncertainty over US tariffs.
Stock markets mostly rise ahead of US economic data, tech earnings
Stock markets mostly rose Wednesday ahead of key US economic and earnings reports that could offer fresh insights into the health of the world's largest economy amid Donald Trump's tariffs.
German growth better than expected but tariff turmoil looms
Germany's struggling economy grew faster than expected at the start of the year, data showed Wednesday, in a boost for the incoming government of conservative Friedrich Merz even as US tariffs threaten to derail the nascent recovery.
Eurozone economy grows more than expected despite US tariff turmoil
The eurozone economy expanded more than expected at the start of the year, official data showed on Wednesday, despite US President Donald Trump's tariffs but global trade tensions threaten more pain and near stagnation in 2025.
Steelmaker ArcelorMittal warns of uncertainty
Steelmaker ArcelorMittal warned Wednesday that tariff uncertainty could cause further economic disruption as its global footprint helped it weather the turbulence in the first quarter.
Jeep owner Stellantis suspends outlook over tariffs
US-European auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, dropped its annual financial guidance on Wednesday due to uncertainty over US President Donald Trump's tariffs.
Aston Martin limits US car imports due to tariffs
British luxury carmaker Aston Martin Lagonda said Wednesday that it is limiting shipments to the United States after US President Donald Trump slapped 25-percent tariffs on car imports.
Most stock markets rise despite China data, eyes on US reports
Stocks mostly rose Wednesday ahead of key US economic and earnings reports, while traders took in their stride data showing Chinese factory activity contracted at its fastest pace for nearly two years as Donald Trump's trade war kicked in.
TotalEnergies profits drop as prices slide
TotalEnergies said Wednesday that its net profit fell in the first quarter despite expanding production, as a slide in global crude oil prices penalises the financial performance of energy firms.
Volkswagen says tariffs will dampen business as profit plunges
Europe's largest carmaker Volkswagen said Wednesday that first quarter profit plunged due to higher costs as it warned of muted business for the rest of the year in the wake of trade tensions.
Jeep owner Stellantis suspends 2025 earnings forecast over tariffs
Stellantis, the parent company of Jeep, Peugeot and Fiat, said Wednesday it was suspending its 2025 earnings forecast due to uncertainty caused by US tariffs.
French economy returns to thin growth in first quarter
France's economy returned to growth in the first three months of the year but the expansion was modest, held back by sluggish household consumption and stagnant investment, official data showed Wednesday.
Japan tariff envoy departs for round two of US talks
Tokyo's tariffs envoy departed Wednesday for a second round of negotiations in Washington, where Japan could offer concessions such as tweaking vehicle import procedures to secure relief from Donald Trump's trade levies.