Latest

UK car sector fears for Trump tariffs as output falls
UK car sector fears for Trump tariffs as output falls

Britain's vehicle production slid below one million units last year as the sector transitions to electric cars, an industry body said Thursday as it warned over US President Donald Trump's tariff threats. Output is forecast to decline further this year to 839,000 units before returning to above one million vehicles in 2028, it added.

French economy shrinks as political crisis eclipses Olympic boost
French economy shrinks as political crisis eclipses Olympic boost

The French economy grew 1.1 percent in 2024 but shrank in the fourth quarter as a political crisis gripped the country after a boost from the Paris Olympic Games, official data showed Thursday. The institute had expected the economy to post zero growth in the October-to-December period after growing by 0.4 percent in the third quarter, which includes the summer months of the Olympic games.