Business

EU moves to tighten grip on Chinese e-commerce imports

EU lawmakers in China on Tuesday called on the country to improve product safety and increase market access during their first visit in eight years. This week, a delegation of EU lawmakers is visiting several of the country’s biggest e-commerce platforms, including those linked to billionaire Jack Ma, founder of Ant Financial, which operates the

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India exempts pre-2017 foreign investment gains from tougher tax rules

India will not apply stricter anti-tax avoidance rules to gains from foreign investments made before April 2017, the country’s income tax department said on Wednesday, in a move designed to ease fears of retrospective action among overseas investors. The clarification follows a Supreme Court ruling in December that found US-based investment firm Tiger Global liable

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Business

Eurozone inflation hits 2.5% as Iran war drives energy prices higher

Consumer prices in the Eurozone rose at the fastest pace in over a year in March, as a sharp increase in energy costs linked to the Iran conflict pushed inflation above the European Central Bank’s target. Inflation in the Eurozone accelerated to 2.5% in March from 1.9% in February, according to preliminary estimates from Eurostat.

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Canada GDP edges up 0.1% in January as services stall

Canada’s economy posted a modest gain in January, with gross domestic product rising 0.1% from December, Statistics Canada said. The increase followed a 0.2% rise in the previous month and came in ahead of analyst expectations for flat growth. An advance estimate pointed to a 0.2% expansion in February, though the agency cautioned that early

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ECB study: US consumers bear most tariff costs

US consumers and domestic importers are shouldering most of the financial burden from recent tariffs, while import volumes drop and foreign sellers face weaker demand, according to a new European Central Bank analysis published Monday. The ECB’s article in its Economic Bulletin, reported by Reuters, finds exporters to the United States pass on only a small

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Business

German inflation hits 2.8% in March, matching forecasts

Germany’s inflation accelerated to 2.8% year on year in March, according to preliminary figures released Monday by the federal statistics office. The reading, harmonised with the European Union’s methodology, rose from 2.0% in February and came in line with economists’ expectations in a Reuters poll. March figure meets forecast The EU-harmonised rate is the measure

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S&P 500 Index flashes a death cross as US-Iran war continues ahead of NFP data

The S&P 500 Index continued its strong downward trend last week as the Iran war continued, pushing crude oil and natural gas prices higher. The SPX index fell to $6,368, its lowest level since August last year. It has fallen in the last five consecutive weeks. S&P 500 Index in focus as Iran war takes

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Business

Mexico swings to deficit as import surge outpaces export growth

In February 2026, Mexico’s trade balance fell to a $463 million deficit, reversing the $1.65 billion surplus from the previous year and exceeding analysts’ projections of a $1.2 billion surplus. A significant rise in imports, which reflected increased domestic demand and a recovery in industrial activity, was a major factor in the unanticipated decline. In

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Brazil central bank orders liquidation of Entrepay units over risks

Three entities within the prudential conglomerate of Entrepay were ordered into extrajudicial liquidation by Brazil’s Central Bank on Friday: Octa Sociedade de Crédito Direto SA, Acqio Adquiración Instituição de Pagamento SA, and Entrepay Instituição de Pagamento SA. The regulator said in a statement that the decision was driven by the weakened financial and economic condition

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Business

Another energy chokepoint? As Iran‑US war drags on, oil and inflation fears surge

Four weeks ago, the United States and Israel launched a war they expected to win quickly. They have destroyed most of Iran’s military, eliminated its supreme leader and struck its nuclear facilities. Yet, four weeks on, the conflict they framed as military containment has evolved into a global economic crisis, with energy prices and inflation

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