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The High Cost of Trump's Trade Wars

Will Trump's tariffs rise as high as he threatens? Goldman Sachs analysts say he'll prefer to avoid the potential economic and political costs, but some predict higher tariffs than his first term.

US Futures Rise on China Tariff Relief, Dollar Retreats

US equity futures rise on relief from China tariff hold-off; dollar slumps on Trump's executive orders excluding new tariffs on major trading partners.

US Headed for Trade War With China in 2023, Eurasia Group Founder Says

Eurasia Group founder Ian Bremmer predicts a US-China trade war this year due to Trump's tough stance on China, despite plans for a phased approach to new tariffs. Bremmer believes China's economic challenges and reluctance to capitulate will lead to retaliation.

Spain to Grant €150M in AI Subsidies

Spain allocates €150 million to drive AI adoption and integration in businesses.

Canadian Dollar Heads for Wild Ride as Trump's Tariffs Loom

The Canadian dollar faces a volatile week ahead as US President-elect Donald Trump takes office. Traders anticipate potential tariffs on Canadian exports, leading to a surge in options bets on further losses. The loonie's volatility is at an eight-year high, hitting a near five-year low amid concerns over Trump's inauguration and the potential impact of his policies.

Zalando Launches Public Tender Offer for About You

Zalando launches public tender offer for rival About You, offering €6.50 per share in cash. The acceptance period starts today and is expected to end on Feb. 17.

Trump Promises Historic Activity With Wave of Executive Orders

President-elect Donald Trump promises an avalanche of executive orders in the aftermath of his inauguration, with a focus on immigration, energy, and potential surprises

EM Bond Sales at Risk of Slumping as Treasury Rates Weigh

Record bond sales by emerging markets in the beginning of the year are in jeopardy from high Treasury rates that hinder weaker credits from accessing international capital.

Indonesia Opens Domestic Carbon Market to Foreign Buyers

Indonesia's domestic carbon exchange opens trading to foreign participants, aiming to restore its position as a major hub for offsets and attract more investment for local climate action.

Western Firms in Russia Face Dilemma as Trump Returns, Exit Rules Tighten

Western companies in Russia face a dilemma: stay or exit amid Trump's return and Moscow's tougher exit terms. Trump's presidency could impact their decisions, while companies weigh escalating exit costs and seizure risks.