In May, the 10-country Association of Southeast Asian Nations, known as ASEAN, will meet the six Middle Eastern nations that make up the Gulf Cooperation Council. The summit’s host, Malaysia, has invited China to attend. China is also poised to update its own free-trade agreement with ASEAN, which includes Cambodia, the Philippines, Indonesia and Vietnam. … Read more
Mexico’s pitch to companies considering the American market was simple. Worried about vulnerable supply chains? Need to reduce your reliance on China? Want an inexpensive spot close to the United States with favorable trade rules? Try Mexico. Thousands of companies, from family enterprises to powerhouse brands, in Asia, Europe and elsewhere have done just that … Read more
As European automakers brace for a possible trade war waged by President Trump, they are working to ward off another threat on their home turf: the prospect of paying hundreds of millions of dollars to Tesla and Chinese competitors muscling in on their core markets. Under stricter European Union regulations taking effect this year, automakers … Read more
On Saturday last week, Germany offered a stark portrait of its political scene. It appears to be a nation grappling with its past, its future and an unsettling present. Thousands took to the streets of German cities, rallying against the rise of the far-right Alternative for Germany (AfD). Yet, on the same day, another event … Read more
The Gaîté Lyrique theater has been a jewel in Paris’s glittering cultural scene since the 19th century. It once hosted the operettas of Jacques Offenbach and performances by the Ballets Russes. This season, though, its most talked-about drama has been generated by more than 300 homeless immigrants who are camping in the venue, sleeping on … Read more
Tesla on Wednesday reported a sharp drop in profit for 2024 as rivals in China, Europe and the United States chipped away at its lead in the market for electric cars. The company, which is led by Elon Musk, said it made a profit of $2.3 billion during the last three months of 2024. That … Read more
For two summers during high school, instead of joining her classmates at the beach, Noura Ghazoui had an internship at the town hall of her hometown, Borghetto Santo Spirito, on the Ligurian coast. But when she tried to apply for a job there at age 19, she found herself ineligiblebecause, like hundreds of thousands of … Read more
They are ripe for disruption. Well before Mr. Musk first backed the AfD, it had become the second most-popular party in Germany. The Social Democrats, the country’s oldest party which once routinely won more than 40 percent of the vote, are polling at a historic low of 16 percent ahead of next month’s election. The … Read more
Coca-Cola’s bottler in Europe said on Monday that it had recalled some drinks sold in Belgium, Luxembourg and the Netherlands after discovering high levels of a chemical called chlorate during routine testing at a bottling facility. The recalled products included Coca-Cola, Sprite, Fanta, Fuze Tea, Minute Maid, Nalu, Royal Bliss and Tropico in cans and … Read more
European Union foreign ministers are preparing to lift some sanctions on Syria, the bloc’s top diplomat told reporters on Monday, a move intended to give Syria’s new government some economic breathing room after more than a decade of stiff restrictions. The European Union originally imposed sweeping trade limitations on Syria when it was under the … Read more