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Stellantis stops making Leapmotor EV in Poland, eyes other options

MILAN (Reuters) – Stellantis has stopped making its Chinese partner Leapmotor’s T03 small electric car in Poland and is assessing alternative production options, the Franco-Italian automaker said on Tuesday. The group “is no longer assembling Leapmotor’s T03 model at the Tychy plant, in Poland, since March 30,” it said in a statement. “While the company …

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Italy’s state railways to challenge Eurostar with London-Paris train services

ROME (Reuters) – Italy’s state railway company Ferrovie dello Stato (FS) plans to launch a high-speed service connecting London and Paris by 2029, it said on Tuesday, in the latest challenge to Eurostar’s monopoly of train services through the Channel Tunnel. The 1-billion euro ($1.1 billion) project would bring the Italian group head to head …

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UK investors loaded up on US stocks prior to Trump tariff turmoil, data shows

LONDON (Reuters) – British investors piled into U.S. stocks in the weeks leading up to President Donald Trump’s announcement of a barrage of trade tariffs last week that sent stocks tanking, funds network Calastone said on Tuesday. North American equities – comprising mainly of U.S.-focused funds – netted 1.8 billion pounds ($2.3 billion) of inflows …

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Germany poised for coalition deal as Trump tariffs add urgency

By Andreas Rinke BERLIN (Reuters) -Germany’s conservatives under chancellor-in-waiting Friedrich Merz on Tuesday looked set to reach a deal with the centre-left Social Democrats (SPD) to form a government aimed at reviving growth in Europe’s largest economy despite global turbulence. Two sources told Reuters that decisive talks could take place on Tuesday and a deal …

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European banking watchdogs step up guard amid market rout

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -Central bankers and supervisors in the euro zone, Britain and Switzerland have increased their monitoring of banks and markets amid a trade-war-driven rout in global stocks but have found no reason for alarm yet. Stocks around the world have fallen sharply since U.S. President Donald Trump unveiled …

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UK finance minister says she will meet US treasury secretary ‘shortly’

By Sachin Ravikumar and David Milliken LONDON (Reuters) – British finance minister Rachel Reeves said on Tuesday she would meet U.S. Treasury Secretary Scott Bessent “shortly” as part of broader talks over a new economic partnership that London hopes will reduce its tariff levy. Reeves, speaking to parliament as global markets stabilised following days of …

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Swiss regulator sees no liquidity bottlenecks but monitoring market turmoil

By Ariane Luthi BERN (Reuters) -Switzerland’s financial market regulator FINMA said on Tuesday it sees no liquidity bottlenecks so far due to market turmoil sparked by the imposition of U.S. trade tariffs, but that they could happen later. FINMA CEO Stefan Walter told Reuters that bottlenecks could occur with a time lag and stressed the …

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Liberty Media to get unconditional EU approval for MotoGP deal, sources say

By Foo Yun Chee BRUSSELS (Reuters) – Liberty Media, which owns Formula One, is set to secure unconditional EU antitrust approval for its 3.5-billion-euro ($3.8 billion) acquisition of MotoGP owner Dorna Sports, people with direct knowledge of the matter said. Liberty Media announced the deal to buy 86% of MotoGP in April last year, with …

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