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Eurozone economy expands but tariff impact looms
China says childcare subsidies to 'add new impetus' to economy
China says childcare subsidies to 'add new impetus' to economy

China said Wednesday that recently announced subsidies to support families with young children will provide a much-needed economic boost, as Beijing seeks to promote spending and avert a demographic crisis.

July 30, 2025

RECENT NEWS

Mercedes-Benz welcomes EU-US deal after profits plunge on tariff woes
Mercedes-Benz welcomes EU-US deal after profits plunge on tariff woes

A new trade deal struck between the United States and European Union is good news despite fears it is unbalanced, Mercedes-Benz said Wednesday after the German carmaker reported a tariff hit of hundreds of millions of euros in the second quarter.

July 30, 2025

Bayern Munich sign Luis Diaz from Liverpool
Bayern Munich sign Luis Diaz from Liverpool

Bayern Munich on Wednesday completed the signing of forward Luis Diaz from Premier League champions Liverpool for a reported fee that could rise to 75 million euros ($86.5 million).

July 30, 2025

Adidas reports hit from US tariffs
Adidas reports hit from US tariffs

German sportswear giant Adidas said Wednesday it took a hit from US tariffs in the second quarter but did not indicate whether it would pass on rising costs to consumers.

July 30, 2025

RECENT NEWS

Mercedes-Benz profit plunges on tariff, China woes
Mercedes-Benz profit plunges on tariff, China woes

Premium German carmaker Mercedes-Benz said Wednesday its second-quarter profit plunged nearly 70 percent due to US tariffs and weak sales in China, prompting it to lower its full-year revenue outlook.

July 30, 2025

RECENT NEWS

Toxic Balkan wildfires ignite in poorly managed dumps
Toxic Balkan wildfires ignite in poorly managed dumps

As blistering summer heat sweeps across the Balkans, poorly managed and illegal dumpsites are bursting into flames, sparking wildfires and smothering towns and cities with toxic smoke.

July 30, 2025