Economy

US vice president expresses optimism about US-EU trade talks
JD Vance meets European Commission president, Italian premier on sidelines of pope's inaugural mass
US vice president expresses optimism about US-EU trade talks
JD Vance meets European Commission president, Italian premier on sidelines of pope's inaugural mass

Trump’s policies deter firms from reaching balance sheet targets
European, US firms downwardly revise year-end profit, growth forecasts due to tariffs, uncertainties, currency volatility, and weak demand

Turkish businesspeople focus on Istanbul peace talks to reach $100B trade target with Russia
If Istanbul peace talks bear fruits, Türkiye, Russia have potential to increase trade volume from $52B last year to $100B within 2 years, says head of Türkiye-Russia Business Council

Eurozone sees $41.2B trade surplus in March, beating forecasts
Exports of goods in euro area climb 13.6% year-on-year in March, with exports to US surging 59.5% amid tariff uncertainty

US-China tariff suspension brings temporary relief to macroeconomic outlook: S&P
Although tail risks have considerably eased, global trade climate would still have an impact on financial conditions and credit rating outlook, Standard & Poor's says

Japanese economy contracts more than forecast in Q1 on weak exports
Exports drag GDP down 0.2% in 1st quarterly decline in year despite rise in domestic demand