BUSINESS

Analysts say that Musk's prominent role close to Trump is a likely factor in the sharply lower Tesla sales in Europe

Tesla Sales Plunge Further In France, Down 59% In April

French car body PFA, which compared registration figures from April with the same month last year, also said that since the beginning of 2025, there were 7,556 Tesla registrations in France, 44 percent lower than for the same period in 2024.
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Mugs bearing the image of Reform UK party leader Nigel Farage are displayed on a stall on a street market in Frodsham, near Runcorn, northwest England, where Reform has been pushing hard to oust Labour and win a parliamentary by-election

UK Local Elections Test Big Two Parties

Britain's two main parties are tipped to suffer losses Thursday in local elections likely to confirm the rise of hard-right populists and portend the splintering of a century-long political duopoly.
'Seeing them in such abundance just... demonstrates how many soldiers died for our freedom,' said volunteeer Amin

Poppies Flourish At Tower Of London For WWII Anniversary

Britain's iconic Tower of London will be covered in a cascading installation of 30,000 red ceramic poppies to mark 80 years since the end of World War II. The tribute, called "The Tower Remembers" will be unveiled to the public on Thursday, May 8, which is celebrated as Victory in Europe (VE) Day.
US President Donald Trump moved Tuesday to soften the blow from the 25-percent tariffs that he imposed on car imports earlier this month

More Automakers Drop Earnings Guidance Over Tariffs

Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other automakers Wednesday in suspending their annual financial guidance because of uncertainty over US tariffs.
Falling crude prices are reducing profits at oil producers like TotalEnergies

TotalEnergies Profits Drop As Prices Slide

TotalEnergies boosted crude oil production by two percent from the first quarter of 2024, but that wasn't enough to compensate for nine percent drop in the international reference price.
ArcelorMittal's global production footprint would help it benefit from tarif measures but the overall economic uncertainty could be bad for business

Steelmaker ArcelorMittal Warns Of Uncertainty

Steelmaker ArcelorMittal warned Wednesday that tariff uncertainty could cause further economic disruption as its global footprint helped it weather the turbulence in the first quarter.
A Long March-2F carrier rocket, carrying the Shenzhou-20 spacecraft and a crew of three astronauts, lifts off

China's Shenzhou-19 Astronauts Return To Earth

Three Chinese astronauts returned to Earth on Wednesday after six months on the country's space station, state media footage showed, as Beijing advances towards its aim to become a major celestial power.
US President Donald Trump's vacillating tariff policies on many countries, including walkbacks of some potentially devastating import duties, has brought shudders to the global economy

Trump Tempers Auto Tariffs, Winning Cautious Praise From Industry

Trump signed an executive order to limit the impact of overlapping tariffs on automakers. He also released a proclamation that gives the industry a two-year grace period to move supply chains back to the United States and reduce "American reliance on imports of foreign automobiles and their parts."

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