Economics
Amazon ran its Prime Day sale, offering steep discounts on electronics, home and kitchen items — some marked down by up to 67%.
Gold topped $4,000 per ounce for the first time on Wednesday as investors sought safe havens amid a US government shutdown, geopolitical tensions and economic uncertainty.
Investors piled into emerging-market stocks and sovereign bonds as a weakening dollar fueled a rally, while analysts warned the AI-led surge risked creating a speculative bubble.
Policymakers and housing experts across Europe urged a renewed housing-construction push to ease shortages, proposing state-backed guarantees, replacement building that adds units and national policy measures.
President Donald Trump met with Canadian Prime Minister Mark Carney in Washington and said they were close to a trade deal, but offered no concessions on steel and aluminum tariffs.
The European Commission proposed doubling steel import tariffs to 50% and halving tariff-free quotas to shield the EU steel industry from Chinese competition.
European banks were criticized for profiting by keeping deposit rates low and mistreating vulnerable customers, and regulators faced renewed scrutiny over oversight and non-bank financial activity.
FC Barcelona’s women beat Bayern Munich 7-1 in their Champions League opener in Barcelona, with captain Alexia Putellas scoring and assisting in a dominant display.
Swedish opposition parties unveiled divergent shadow budgets, exposing deep economic-policy splits and leaving Prime Minister Magdalena Andersson's promise of a transfer of power uncertain with a year to the election.
BMW cut its annual profit guidance, citing weak sales in China and higher-than-expected U.S. tariffs, after reporting higher deliveries, the automaker said.
Germany faced mounting housing pressure as little new construction coincided with roughly one million vacant apartments, while investors snapped up prime Munich properties and regional price winners emerged.
U.S. stock indices fell after hitting record highs as investors reacted to a Federal Reserve report and renewed fears of an AI-driven market crash.
Germany risked an EU deficit procedure after the finance ministry projected high budget deficits and its debt ratio rose to 80 percent.
