Slovenia plans a 25% tax on crypto profits under a draft law. Sales for fiat or goods will be taxed, but crypto-to-crypto trades and wallet transfers are exempt.
Mortgage rates rose to 6.83% in the week ending April 17, marking the biggest jump in nearly a year, driven by a volatile trade war and rising Treasury yields.
LVMH CEO Bernard Arnault warned U.S.-EU trade tensions could hurt Europe, urging a free trade zone and smarter talks, with less reliance on Brussels.
Trump agreed to visit Rome and may meet EU leaders, Italy's PM Meloni said. Her U.S. trip aims to ease tariff tensions after a 90-day pause on most duties.
Traders are sending gold back to Switzerland from the U.S. as tariff fears ease. Swiss gold imports from the U.S. rose, while exports to the U.S. dropped 32% in March.
Tesla faces a class action claim it speeds up odometers to end warranties early, saving on repair costs. A plaintiff says readings are based on algorithms, not miles.
A U.S. judge ruled Google illegally dominates online ad tech, backing antitrust claims and allowing prosecutors to seek a breakup of its ad products.
Five central banks in Project Nexus have started seeking a tech operator to run a cross-border real-time payments network under a BIS-led initiative.
Trump slammed Fed Chair Powell for not cutting rates, accused him of "playing politics," and said he looks forward to removing him from the job "real fast."
Barclays struck a deal with Brookfield to gradually offload its payments acceptance business through a new strategic partnership.
Japan doesn't weaken the yen to help exports, Finance Minister Kato said, denying U.S. President Trump's claim that Japan manipulates its currency.
The ECB is set to cut interest rates for the 7th time this year on Thursday to support Europe's weak economy amid pressure from U.S. tariffs.
As U.S.-China trade tensions rise, China's $1.1T in U.S. Treasuries sparks debate—Beijing sees leverage, but U.S. says it offers no real pressure.
Bridgestone cut its planned bond offering to ¥50B ($351M) and dropped the 7-year term, as underwriters test demand.
ECB cuts main rate to 2.25%, citing slowing growth and Trump's EU tariffs. Trade tensions hurt confidence, tightening financial conditions.
China bans carmakers from using terms like "smart driving" or "autonomous driving" in ads, tightening rules on marketing driver-assist tech, per MIIT mandate.
Barclays sold part of its UK payments unit to Brookfield, investing £400M. Brookfield may take 70% ownership between years 3 and 7 of the partnership.
ABB plans to spin off its robotics unit, the world's No. 2 industrial robot maker, in its biggest move since selling its power grids unit to Hitachi in 2018.
Ford earned $900M in EBIT from its China business last year, Vice Chair John Lawler said, offering a rare look as the company restructures to stay competitive.
WTO now expects global goods trade to shrink 0.2% in 2025, reversing its 3% growth forecast, citing U.S. tariffs and spillover risks as key reasons for the drop.
Bank of America beat Q1 profit estimates as interest income rose and stock trading hit a record high, boosted by market volatility. Shares jumped over 4%.
Nvidia will take a $5.5B hit after U.S. curbs exports of its H20 AI chip to China, a key market. The chip was designed to skirt earlier U.S. export limits.
UK inflation eased to 2.6% in March, down from 2.8% in February, as fuel prices fell and food costs stayed flat, despite a rise in clothing prices.
Airbus aims to finalize a deal to buy part of Spirit AeroSystems' assets by end of April and close it by June 30, after a year of talks with Boeing over the carve-up.