timef 03/14/2025

U.S. President Donald Trump's threat to impose 200% tariffs on alcohol from Europe would serve a major blow to drinks makers on the continent, but it could have one unlikely beneficiary — the struggling beer industry.

The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.

The world's largest electric-vehicle battery maker has filed for a listing in Hong Kong, without disclosing the exact size and timeline.

Russia struck a sedate tone on Friday but acknowledged grounds for cautious optimism, after only backing the "idea" of a U.S. brokered 30-day ceasefire with firm caveats.

The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region's economy.

Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic director of its ailing Gucci fashion line.

A three-week rout in markets has dragged the S&P 500 more than 10% off its recent high. Meanwhile, Trump refuses to bend on tariffs and shrugs off market woes.

BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.

The U.K.'s economy unexpectedly shrank by 0.1% in January, official figures showed on Friday.

U.S. tariffs could push allies to forge closer relationships with other countries like China and India, according to former U.S. diplomat Wendy Cutler.

The EU's tariffs will push up costs for a "raft of manufacturers, not least automakers and food producers."

CEOs of several European telecoms firms are calling on regulators to make it easier for them to combine their operations with other businesses.

Olympian Michael Johnson said anchoring the men's 4 x 400m relay team taught him about leadership — after starting out playing football

Chinese videostreaming platform iQiyi plans to open its first theme park this year — the latest company to bet that local consumers will spend on experiences.

IBM's Christina Shim discussed the importance of communicating a sustainable project's business value, given the current political climate.

Logistics companies globally are leaning into emerging technologies such as robots, drones and AI to speed up the supply chain and serve customers faster.

"You need to have your private markets beating your public market," Gaia Investment Partners' Serena Tan said.

A three-week rout in markets has dragged the S&P 500 more than 10% off its recent high. Meanwhile, Trump refuses to bend on tariffs and shrugs off market woes.

Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.

Fintech stocks are under pressure as investors worry about companies heavily reliant on consumer spending.

From California almonds to Tennessee whiskey and Michigan auto parts, some states and sectors will be hit hardest by U.S.-EU 'tit for tat' tariffs war.

"We don't want to be Americans. No, we don't want to be Danes. We want to be Greenlanders," said Jens-Frederik Nielsen of the island's Demokraatit party.

Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.

Trump said he would not change his mind about imposing "reciprocal tariffs" on other countries that have their own tariffs on U.S. goods.

Democratic state attorneys general filed a lawsuit against President Donald Trump over his administration's termination of Education Dept. staffers.

Russian President Vladimir Putin thanked U.S. President Donald Trump for giving "so much attention" to the prospect of a Russia-Ukraine deal.