Central bankers who gathered in Portugal this week focused on ways that Europe could improve its competitiveness with the United States and China.
Category: Europe
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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.
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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.
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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.
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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.
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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.
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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.
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BYD and Other Chinese Carmakers Expand Sales in Europe Despite Tariffs
BYD and other companies doubled their share of the car market after the European Union imposed higher tariffs on electric vehicles from China.
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China Is Unleashing a New Export Shock on the World
As President Trump’s tariffs close off the U.S. market, Chinese goods are flooding countries from Southeast Asia to Europe to Latin America.
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French Luxury Giant Kering Taps Auto Executive as Its New Leader
The former chief executive of the carmaker Renault will replace Francois-Henri Pinault as the struggling company seeks a turnaround.
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New Trade Deal Could Boost UK Food Exports to EU, Including Shellfish
Brexit had complicated many of Britain’s food exports to Europe. A new trade deal between the U.K. and the E.U. could make them easier, including for shellfish farmers.
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Traveling to Europe? Here’s What to Expect From Tourism Protests on June 15.
On Sunday, activists in Barcelona, Lisbon and other hot spots plan to take to the streets to voice their concerns about “touristification.”