Merz Backs EU Tariff Plan to Help Europe’s Ailing Steelmakers
German Chancellor Friedrich Merz threw his support behind proposed European Union tariffs to shield the continent’s ailing steelmakers…
OPEC+ to Agree Small Output Hike for December, Delegates Say
OPEC+ members are set to approve another small output hike for December when they meet online on Sunday,…
Russia’s ‘disposable-goods’ economy gets busier but poorer, and sanctions could trigger a recession
Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of…
EU to Propose Delay in Enforcement of Deforestation Law
The European Union will propose granting companies six months of leeway to comply with its landmark law to…
Huawei to Double Output of Its Advanced AI Chip Ascend, Unseat Nvidia in China
Huawei Technologies Co. is preparing to sharply ramp up production of its most advanced artificial intelligence chips over…
Trump’s ‘Secondary Tariff’ Two-Step With India and China: New Economy
Hi, I’m Erik Schatzker, editorial director of Bloomberg New Economy. Making sense of any economic era requires an…
India’s Goyal to Visit US in Bid for ‘Mutually Beneficial’ Deal
India’s Commerce and Industry Minister Piyush Goyal will visit the US on Monday with the view of getting…
Russia Opts for Deeper Key Rate Cut to 18% as Economy Cools
Russia’s central bank slashed its key interest rate to the lowest level in nearly a year amid slowing…
Russia’s Growing Economic Woes Set Stage for Deeper Key Rate Cut
The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation…