The outlook for European corporate health has slightly deteriorated, the latest earnings forecasts showed on Tuesday, marking a change of direction after several weeks of improvement.

The entry into force this month of the European Union (EU)’s Artificial Intelligence (AI) Act, to regulate general-purpose AI (GPAI) models, has been widely hailed a landmark. According to the law, the generality of AI models can be determined,

The EU’s exports to the U.S. declined in June and hit their lowest level since the end of 2023, according to statistics agency Eurostat.

U.S. President Donald Trump has interrupted his talks in Washington with European leaders to call Russian President Vladimir Putin, an EU diplomat told Reuters on Monday.

The European Commission says it presumes the United States will impose a 15% tariff on most EU exports from Friday.

On July 27, Ursula von der Leyen, the president of the European Commission and President Trump agreed to a deal that included a 15% tariff on most goods from the EU.

President Donald Trump announced a trade deal with the European Union on Sunday after EU Commission President Ursula von der Leyen said it took "heavy lifting."

As the text of a trade agreement comes together, European Union negotiators haven’t persuaded the Americans to cut alcohol tariffs to zero.