People browsing stalls along Portobello Road Market on Feb. 22, 2025, in Notting Hill, West London.Mike Kemp | In Pictures | Getty ImagesThe U.K. economy grew by 0.5% month-on-month in February, official data showed on Friday.Analysts had been expecting a monthly increase of 0.1%, according to LSEG data.In January,...
Mohamed Aly El-Erian, chief economic advisor for Allianz SE. Bloomberg | Getty ImagesPresident Donald Trump's extensive raft of import tariffs are putting the U.S. economy at risk of recession, Allianz's Chief Economic Advisor Mohamed El-Erian warned on Friday. He added that Trump's swathe of so-called reciprocal tariffs could have a...
Rheinmetall MAN Military Vehicle drives on the road on Nov. 20, 2024, in Donetsk Oblast, Ukraine.Yan Dobronosov | Global Images Ukraine | Getty ImagesGerman arms maker Rheinmetall on Wednesday said it expects 2025 sales to jump by 25-30% this year, amid expectations of "major high-volume orders from military customers"...
The new Volkswagen ID. EVERY1 is displayed during the presentation during the presentation of the Volkswagen ID. EVERY1 on March 5, 2025 in Dusseldorf, Germany.Andreas Rentz | Getty ImagesGerman autos giant Volkswagen reported a 15% year-on-year drop in annual operating profit on Tuesday, citing increasing costs and "extraordinary expenses"...
Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as...
Andrew Bailey, governor of the Bank of England, at the central bank's headquarters in the City of London, U.K., on Nov. 29, 2024. Hollie Adams | Bloomberg | Getty ImagesBank of England Governor Andrew Bailey on Wednesday signaled that the U.K. could be on track for four interest rate cuts...