With its recent political turmoil and instability, France has been compared to Italy, replacing it as the new “bad boy” of Europe. Should France, then, take a page out of Italy’s book and consider a technocratic government? President Emmanuel Macron is expected to pick his new prime minister by Friday evening, after outgoing PM Sebastien Lecornu led…
A worker on the production line at the new Ferrari NV E-building factory in Maranello, Italy, on Friday, June 21, 2024. Bloomberg | Bloomberg | Getty Images Shares of Ferrari plunged more than 16% on Thursday after the luxury carmaker updated its full-year and 2030 guidance and scaled back its electrification ambitions. Analysts were disappointed…
Amazon founder Jeff Bezos gestures as he speaks at the main panel of Italian Tech Week 2025 in Turin, Italy October 3, 2025. Remo Casilli | Reuters TURIN, Italy — Artificial intelligence is currently in an “industrial bubble” but the technology is “real” and will bring big benefits to society, Amazon Founder Jeff Bezos said…
LONDON — European stocks opened higher on Thursday, building on positive momentum in the previous session. The pan-European Stoxx 600 was 0.5% higher by 9 a.m. in London (4 a.m. ET), with most sectors trading in positive territory. Autos and technology stocks led gains, with their respective indexes each trading around 2% higher. Shares of…
A specialist trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 15, 2025. Brendan McDermid | Reuters LONDON — European stocks are expected to open in mixed territory on Tuesday as investors keep an eye on U.S. President Donald Trump’s trade tariffs and more political deadlock…
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng pose during U.S.-China trade and economic talks at Santa Cruz Palace, Spain’s main foreign ministry office, in Madrid, Spain, September 14, 2025. United States Treasury | Via Reuters LONDON — European stocks moved lower at the open on Tuesday, as investors assessed developments in…
The United States stands to lose about $30 billion in international tourism this year, as the country’s political environment and strong dollar continue to deter foreign travelers from visiting. In early 2025, the U.S. Travel Association projected foreign travel spending would rise to $200.8 billion this year. However, noting a “sharp and widespread” drop in…
LONDON — European stock markets are set to open higher on Friday, as investors await a key U.S. jobs report that’s likely to set expectations for an upcoming Federal Reserve interest rate cut. Major bourses are all seen opening higher, according to IG data. Both equities and bonds sold off globally earlier in the week…
European stocks are expected to open slightly higher on Thursday, as global markets weigh up the fate of President Donald Trump’s trade tariffs. Source link
French Prime Minister Francois Bayrou (L) delivers a general policy statement to MPs at the National Assembly in Paris on January 14, 2025. Thomas Samson | Afp | Getty Images Heading into another vote of confidence next week, France now unexpectedly finds itself unfavorably compared to Italy, a country previously renowned for political upheaval and…
