Business news
- Tougher stance on Trump is 'very good for business', says JP Morgan's Europe boss as CEOs welcome tariff U-turn - Market watches breathed sigh of relief on President Donald Trump's tariff U-turn, but keep focused on corporate resilience.
- 'Abnormal hatred' between Putin and Zelenskyy making it hard to reach peace deal, Trump says - An "abnormal hatred" between Russia and Ukraine's leaders remains a barrier to ending the war, but a peace deal is getting closer, Trump said.
- Denmark open to 'Golden Dome' talks after Trump touts framework Greenland deal - Danish Prime Minister Mette Frederiksen on Thursday welcomed U.S. President Donald Trump's Greenland pivot.
- European markets set to rocket on Trump's Greenland 'deal,' tariffs retreat - European stocks are expected to open higher after U.S. President Donald Trump said a framework agreement had been reached on Greenland and called off tariffs.
- Europe must consider retaliating against Trump's tariff ‘blackmail,’ business leaders tell CNBC - European business groups have called for the EU to consider countermeasures in response to U.S. tariff threats.
- Fossil fuels are a 'crutch': How AI's unlikely winner could be renewable energy - The IEA revised its 2025-2030 growth forecast for renewables downward by 5% compared to 2024, reflecting the changing sentiment and policy.
- OpenAI seeking investments from Middle East sovereign wealth funds for multibillion-dollar round - OpenAI CEO Sam Altman is in the United Arab Emirates to participate in investment talks as he tries to raise more money for his cash-burning startup.
- Japan's December exports growth drops to 5.1%, missing expectations, as shipments to U.S. plunge - Reuters-polled analysts had estimated exports growth would remain unchanged from November at 6.1%.
- Asia-Pacific markets set to rebound after Trump climbs down from Europe tariff threats - Trump also said that he would not use force to acquire Greenland.
- South Korea grows 1.5% in fourth quarter, missing forecasts as domestic demand weakens - South Korea's economic growth slowed in the final quarter of last year amid weakening domestic demand as the impact from fiscal stimulus disspated.