Category: Europe

Head of S.E.C.’s Crypto Task Force Says ‘Tokenized’ Stocks Are Securities

Hester M. Peirce said in a statement Wednesday that digital versions of stocks are still subject to federal securities laws.
Trump Tariffs Aim to Settle Scores With Countries, No Matter How Small

The president’s tariff announcements suggest he has not backed away from his initial strategy, where even minor trading partners will face tariffs.
What Is a Trade Deal? Trump Takes an Expansive View.

The president is deploying the word “deal” liberally, using the term to describe all kinds of trade arrangements, some very limited or one-sided.
China Sets Steep Duties on European Brandy but Spares Biggest Producers

Major Cognac companies made concessions to avoid the worst of the penalties, imposed by Beijing in retaliation for E.U. tariffs on Chinese electric vehicles.
Germany’s Rheinmetall, a Maker of Autos and Arms, Is Forging Stronger US Ties

Rheinmetall, an automotive and arms maker, is using a partnership with the builder of F-35 fighter jets to move into aviation and expand its presence in America.
In Europe, Economists See a Chance to Rise on the Global Stage

Central bankers who gathered in Portugal this week focused on ways that Europe could improve its competitiveness with the United States and China.
Hit by Trump’s Tariffs, French Clothing Maker Saint James Puts Shipping on Hold

Hit by President Trump’s tariffs, the Saint James clothing factory has put its inventory of striped shirts and sweaters intended for U.S. retailers in its warehouse in France.
How to Stay Cool While Traveling in Paris, Italy, Spain and Parts of Europe

As Europe buckles under a punishing heat wave, residents and summer travelers are struggling to find relief. Here’s how and where to look for respite.
As Heat Grips Europe, a Struggle to Keep Workers and Customers Cool

Companies are reporting a drop in business, reflecting the economic toll of the heat wave, which is lowering productivity and keeping shoppers at bay.
As Debt Piles Up, Countries See Fiscal Relief as Political Leverage

With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt forgiveness deals.
Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill

Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
Europe Is Finally Ready to Spend More on Defense. The Hard Part Is How.

After a yearslong debate over NATO spending, European nations are poised to commit more funds to deter Russia. Now the region must decide how to unify its fragmented manufacturing.