‘Tariff Man’ Gives Auto Import Tariffs a 6-Month Reprieve
One day before a decision was due on whether to impose tariffs on automobile imports, the Trump administration on Friday said it would delay a decision for up to six ...Read Full Story »
European Union
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April European Auto Sales Slide for Eighth Consecutive Month
The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of April. Sales declined by 0.4% year over year in ...Read Full Story »
Will a $1.7 Billion Fine Make Google Flinch?
In a terse filing with the U.S. Securities and Exchange Commission Wednesday morning, Alphabet Inc. (NASDAQ: GOOGL) announced that the company would take a €1.49 billion ($1.7 billion) charge in ...Read Full Story »
February European Auto Sales Drop for Sixth Consecutive Month
The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of January. Sales declined by 1% year over year in ...Read Full Story »
Does $66 Trillion in Government Debt Mean the World Is Drowning in Debt?
It is far from a secret that the United States and other nations around the world have what sounds like an insurmountable debt load. With trillions and trillions owed to ...Read Full Story »
2018 European Auto Sales Fizzle
The European Automobile Manufacturers Association (ACEA) on Wednesday reported new vehicle registration totals in the European Union (EU) for December and for all of 2018. Sales declined by 8.4% year ...Read Full Story »
What Americans Should Know About Tuesday’s Failed Brexit Vote
Tuesday, January 15, 2019, was a big but not so bright day in the United Kingdom. The British Parliament delivered a very wide defeat to Prime Minister Theresa May's proposed ...Read Full Story »
Germany Enters 2019 Teetering on the Brink of Recession
The European Central Bank wants to reverse its multiyear path of economic stimulus and quantitative easing. Unfortunately, that desire may not become reality. Germany is Europe's largest economy, and there ...Read Full Story »
November European Auto Sales Slide for Third Straight Month
The European Automobile Manufacturers Association (ACEA) on Friday reported new vehicle registration totals in the European Union for the month of November. Sales declined by 8% year over year in ...Read Full Story »
Ford November Sales Down 5% in Europe; Cars Weaker, SUVs Stronger
Judging by Wednesday morning's report from Ford Motor Co. (NYSE: F) on November sales in Europe, the continent's buyers don't want passenger cars any more than their American counterparts. Passenger ...Read Full Story »
Clovis Oncology Wins Big With European Patent
Clovis Oncology Inc. (NASDAQ: CLVS) shares jumped early Tuesday after the European Patent Office upheld the company’s claims. Specifically, the European Patent Office upheld claims of European Patent 2534153 in ...Read Full Story »
Europe GDP Growth Moves Toward Zero
While much of the economic world has its eyes on the effect on gross domestic product of a trade war between China and the United States, the world's other leading ...Read Full Story »
S&P Holds UK Rating Steady but With Negative Outlook
S&P has held its rating of the United Kingdom at AA/A-1+. It is the second highest grade S&P gives sovereign debt. However, the ratings agency's outlook for the debt is ...Read Full Story »
6 Most Important Things in Business Today: China GDP Slows, New Tesla
Gross domestic product growth in China slowed. According to Reuters: China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm ...Read Full Story »
September Car Sales Plunge in Europe
The European Automobile Manufacturers Association (ACEA) on Wednesday reported new vehicle registration totals in the European Union for the month of September. Sales tumbled by 23.5% year over year in ...Read Full Story »
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