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04.12.25 - 13:45
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European Carmakers Surge After Trump Rolls Back Fuel Rules (ZeroHedge)
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European Carmakers Surge After Trump Rolls Back Fuel Rules
European automaker shares rose sharply on Thursday after President Donald Trump moved to roll back U.S. fuel economy limits established under Joe Biden, according to Reuters. The administration framed the proposal as a way to lower consumer costs by making it easier for companies to sell gasoline-powered vehicles.
By mid-morning, Porsche shares were up more than 5%, Mercedes-Benz and Volvo Car gained nearly 4%, Renault rose 3.3%, and Stellantis climbed around 2.7% after an 8% rally the previous day.
Speaking from the Oval Office alongside industry executives and lawmakers, Trump announced the reversal of the Biden-era rules, saying, “We're officially terminating Joe Biden's ridiculously burdensome, horrible, actually, CAFE standards that impose expensive restrictions and all sorts of problems — gave all sorts of problems to automakers. And we're not only talking about here, we're talking about outside of our country.”
He also...
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04.12.25 - 12:18
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Eurozone Retail Sales Remain Flat In October (AFX)
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone retail sales stalled as expected in October after expanding slightly in September, data published by Eurostat showed on Thursday.On a monthly basis, r......
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04.12.25 - 10:54
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Leichter Anstieg der Inflation im Euroraum (Anleihencheck)
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Linz (www.anleihencheck.de) - Die Inflationsrate in der Eurozone ist im Vergleich zum Vormonat um 0,1% angestiegen, während die Kernrate bei 2,4% verharrt, so Oberbank in ihrem aktuellen Tageskommentar zu den internationalen Finanzmärkten.
Die Teuerung liege somit mit 2,2% im November weiterhin leicht über der Zielmarke der EZB. [mehr]...
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04.12.25 - 10:48
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Macron Urges Xi to Boost Chinese Investment in Europe (Bloomberg)
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French President Emmanuel Macron pushed for more investment during a meeting with leader Xi Jinping, as Paris looks to rebalance its economic ties with Beijing and narrow a persistent trade gap. Macron said Europe, including France, needs a clearer framework to attract more Chinese direct investment, warning that Beijing's growing trade surplus with the rest of the world is becoming unsustainable. Macron also pushed for Xi's help in ending the war in Ukraine. Bloomberg's Caroline Connan reports....
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04.12.25 - 09:48
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Der EU-Beitritt der Türkei kommt frühestens „am 31. Februar“ (Die Welt)
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Seit 38 Jahren wartet die Türkei auf den EU-Beitritt – länger als jedes andere Land. Auch wenn Deutschlands Außenminister den Türken wieder Hoffnungen macht, herrscht insgeheim Einigkeit, dass ein Beitritt in der aktuellen Lage aus vielen Gründen nicht erstrebenswert ist....
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