Author: Euronews

The US has recently imposed tariffs of 32% against Taiwan, as part of sweeping duties against all US trading partners.

ADVERTISEMENTEfforts to promote digitisation of the single market underpin a new strategy to breathe life into the project set to be presented by EU Commissioner Stéphane Séjourné on Wednesday, according to a draft seen by Euronews.The plan sets out six pillars for improvement of the single market and refers to the context of a global trade crisis. The Commission wants to remove ten “terrible” market barriers that currently “negatively impact trade and investment”, boost European services markets that bring the highest economic value, relieve the burden on SMEs, digitize administration, and push member states to address administrative barriers on national level. A separate…

The airline experienced a 7% drop in average fares for the past financial year, while operating costs such as staff expenses rose.

ADVERTISEMENTEuropean Council President António Costa, Commission President Ursula von der Leyen and EU’s top diplomat Kaja Kallas, will meet UK Prime Minister Keir Starmer in London on Monday to iron out the details of a long-anticipated defence and security pact between the two parties, and potentially discuss future resetting of post-Brexit relations.Starmer previously made it clear that a security pact with the EU is one of the Labour government’s priorities, even setting out the ambition in the party’s electoral manifesto. The EU since agreed closer collaboration on defence was needed, given the current geopolitical situation. This would open the door…

Algorithms have been used in trading for decades, but recent advancements could throw up new challenges for regulators.

Israel has launched another major new offensive in Gaza, following a wave of airstrikes that local health authorities say killed 108 people on Friday and at least 58 on Saturday.

ADVERTISEMENTAt a small stream in India’s eastern state of Odisha, Indigenous villagers catch eels and fish for a dinner celebrating an annual harvest festival. The bounty of communal farming, foraging and fishing marks the start of a new season.But the fish and other resources have been dwindling.“Nowadays, the rains come late, affecting our farming, leading to a decrease in production,” said Sunita Muduli, a Paraja tribeswoman from Putpondi village. She stood on freshly tilled fields that would be sown again with millet before the increasingly unpredictable monsoon rains.The Indigenous Adivasis have lived in these villages for millennia. They continue traditional…

ADVERTISEMENTRomanians will go to the polls on Sunday to choose between hard-right candidate George Simion and pro-European independent Nicușor Dan, in a presidential election redo expected to shape the country’s future.After coming fourth in last year’s cancelled race, Simion, the 38-year-old leader of the Alliance for the Unity of Romanians (AUR) party, has been backed by surprise winner, ultranationalist Calin Georgescu, who was banned in March from standing in the repeat. Simion then surged to become the frontrunner in the 4 May first round, winning 40.5% of the vote, including a massive 61% of the Romanian diaspora’s ballots.Simion says he…

ADVERTISEMENTBusiness travel to the US fell 9% in April as companies and workers grappled with economic uncertainty and anger over the Trump administration’s tariffs and border policies.The National Travel and Tourism Office released preliminary figures on Thursday showing the number of airline and ship passengers who entered the country last month using business visas.The Middle East was the only region that saw higher business travel to the US, with arrivals up 9.4% compared to April 2024. But that didn’t make up for big losses from other regions; the number of business travellers from Western Europe fell 17.7%, for example.The new…

Irish Finance Minister and Eurogroup President, Paschal Donohoe, believes that the institutions that emerged after World War II are being challenged by the United States. In an exclusive interview with Euronews, he warned that history shows that “progress can decline”.