Friday, May 29, 2026

DD India

May 21, 2026 3:41 PM

Europe’s economy hit hard as energy price shock stifles demand

Economic activity in the euro zone shrank at its sharpest rate in more than two-and-a-half years in May as a war-driven surge in living costs hammered demand for services across Europe and firms accelerated layoffs, surveys showed on Thursday. S&...

May 19, 2026 3:07 PM

EU prepares to cut US import duties to avoid Trump tariff hike

European Union negotiators were expected to agree on Tuesday to scrap import duties on U.S. goods to comply with the trade deal struck with the United States last year and ward off U.S. President Donald Trump's threat of much higher tariffs. Under t...

April 30, 2026 2:58 PM

EU kickstarts Mercosur pact to counter US trade hit

The European Union and South American bloc Mercosur will implement on Friday a contentious free trade agreement that the EU in particular hopes will benefit exporters and calm critics, even if it cannot fully offset the blow from U.S. tariffs. Backe...

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