timef 05/06/2025

Merz has been widely expected to become the leader of Europe's largest economy following Germany's federal election in February.

The deal will see India gradually lower import taxes, with the vast majority of goods traded becoming "fully tariff-free within a decade."

U.S. exports are dropping at nearly all ports, while importers face a June deadline to bring trade into the country to avoid empty store shelves.

Doordash on Tuesday announced the $1.2 billion acquisition of restaurant booking platform SevenRooms and reported first-quarter earnings.

Luxury carmaker Ferrari on Tuesday reported a significant upswing in first-quarter profit, citing robust demand for personalized vehicles.

Investors are watching closely central bank actions after chatter that the authorities were tolerating a stronger currency to win concessions from the U.S.

Friedrich Merz failed to get the majority needed to become German chancellor in a parliamentary vote Tuesday.

Shares of Hugo Boss climbed after posting a lower-than-feared decline in first-quarter sales and reiterated its full-year guidance.

Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as one of the most bizarre.

British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion.

Despite Temu and Shein facing Trump's high China tariffs, e-commerce experts say they are still capable of competing with rivals in the U.S.

Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as one of the most bizarre.

Elon Musk's SpaceX prevailed in an election over the weekend to turn Starbase into a city that's now led by employees.

Palantir boosted its guidance for the year on Monday, as net income in the latest quarter more than doubled.

A White House spokesman said "no final decision on foreign film tariffs have been made," a day after President Trump's announcement of a tariff plan.

Ford Motor beat Wall Street's first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year from tariffs.

"Credit Suisse AG committed new crimes and breached its May 2014 plea agreement," the DOJ said in announcing the penalty with the UBS subsidiary.

U.S. drivers were paying $3.165 per gallon on average Monday, according to the motorist association AAA.

The messaging app that President Donald Trump's former NSA was seen using is temporarily suspending services following reports it was hacked.

OpenAI will continue to be controlled by a nonprofit as it restructures into a commercial entity, the AI startup said on Monday.

This is so as to set an example to others that "there are solutions" to mitigate the effects of the climate crisis, Gates said.