World economy
- 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.
- 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.
- Putin meeting set for Thursday, Witkoff says, with Ukraine 'land deals' on the table - A meeting with Russian President Vladimir Putin is set to take place on Thursday with "land deals" over Ukraine on the table, Special Envoy Steve Witkoff said.
- U.S. still 'the closest of allies' with the UK despite rift, Finance Minister Reeves says - The U.S. remains the "closest of allies" with the U.K. despite a growing rift between the U.S. and Europe over the future of Greenland, Rachel Reeves told CNBC.
- Scott Bessent says U.S. is unconcerned by Treasury sell-off over Greenland, calls Denmark ‘irrelevant’ - U.S. treasury secretary Scott Bessant addressed reporters at a press conference at the World Economic Forum on Wednesday.
- Trump's Greenland tariff threats could be upended by Supreme Court decision - The Supreme Court Trump tariff decision could decide the fate of President Trump's threat to tariff NATO nations over control of Greenland.
- Trump is showing the world the U.S. is 'back,' Scott Bessent tells CNBC as Greenland tensions ratchet up - President Donald Trump's bid to acquire Greenland is 'not something new,' said U.S. Treasury Secretary Scott Bessent, speaking to CNBC.
- IMF boss has a blunt message for Europe: 'Get your act together' - European leaders are reportedly weighing up potential responses to fresh tariff threats from the White House.
- French drinks giants sell off after Trump threatens 200% tariffs; European stocks fall - European stocks are expected to open in negative territory on Tuesday as the specter of fresh trade tariffs lingers, hurting market sentiment.