Though the difference between the two brands’ monthly sales totals is relatively small, the implications of BYD beating out Tesla “are enormous,” says Felipe Munoz, global automotive analyst at JATO Dynamics. Jaap Arriens | Nurphoto | Getty Images Despite incurring a higher tariff rate than Tesla, Chinese electric vehicle maker BYD sold more pure battery…
People board Ryanair plane at Rome Ciampino Airport in Ciampino, Italy on April 27, 2025. Nurphoto | Nurphoto | Getty Images Airlines are facing an uphill battle during peak travel season as delivery delays at Boeing and Airbus fuel a commercial jet shortage. The ongoing capacity issue remains a cause of concern for the industry…
The European Commission was wrong to refuse to release text messages sent by Ursula von der Leyen to the head of Pfizer during negotiations to secure Covid-19 vaccines, the EU’s top court has ruled. The General Court said the commission had not given a plausible explanation as to why the exchanges between its president and…
European leaders have called US President Donald Trump to discuss proposals for a 30-day ceasefire between Russia and Ukraine from Monday while on a visit to Kyiv. The call came after leaders of the so-called “coalition of the willing” held a meeting to discuss advancing peace talks. The leaders of France, Germany, the UK and…
On the trading floor of the Frankfurt Stock Exchange, traders watch their monitors in front of the display board showing the Dax curve on April 9, 2025. Arne Dedert | Picture Alliance | Getty Images European bourses had a mixed start to the week on Monday, with U.K. markets closed for a bank holiday, as…
The morning after US President Trump’s announcement of European and worldwide trade tariffs, which included a 10% levy for imported goods from the UK, shoppers spend on Oxford Street beneath union jack flags in London’s West End, on 3rd April 2025, in London, England. Richard Baker | In Pictures | Getty Images LONDON — The…
European leaders have been left reeling after the first 100 days of U.S. President Donald Trump’s second term saw increasing geopolitical and trade turmoil. “It’s unlike anything else we’ve seen before from the U.S. administration,” European Union foreign policy chief Kaja Kallas told CNBC’s “Europe Early Edition” when asked what Trump’s first 100 days have…
Haussmann architecture buildings are reflected on the facade of Samaritaine department store in central Paris on October 10, 2023. Dimitar Dilkoff | Afp | Getty Images Europe’s real estate sector is recovering at pace following years of subdued activity, with investment volumes rising by a quarter over the past 12 months, according to new research…
U.S. President Donald Trump looks on, on the day he signs executive orders in the Oval Office at the White House in Washington, D.C., U.S., April 23, 2025. Leah Millis | Reuters European officials say they’re optimistic a trade deal can be reached with U.S. President Donald Trump, warning of significant economic harm to both…
This photo taken on Jan. 30, 2025 shows the European Central Bank ECB headquarters in Frankfurt, Germany. Zhang Fan/Xinhua via Getty Images The European Central Bank is widely expected to trim interest rates for the third time this year as global tariff tensions and uncertainty threaten the euro zone’s economic growth. As of Wednesday, markets…
