BusinessEurope warns US tariffs on EU goods will raise costs, disrupt supply chains, and threaten millions of jobs across the transatlantic economy....
The European Union (EU) witnessed a substantial surge in high-tech imports from non-EU countries in 2022, totaling an estimated €482 billion—an impressive 22% increase compared to the previous year. Meanwhile, the EU’s exports to these countries reached €446 billion, reflecting a notable 16% growth. China emerged as the dominant source......
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual meeting of an OPEC+ ministerial panel. The unexpected move takes the total volume of cuts by OPEC+ to 3.66 million bpd, equal to 3.7% of......
As a result of the harsh winter weather that has disrupted many holiday plans across the U.S., Southwest Airlines Co topped the list of U.S. airlines that had cancelled flights on Tuesday. In accordance with the flight tracking website FlightAware, the Dallas-based airline had canceled 2,503 flights as of Tuesday morning......