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Stock markets gain as China mulls US tariff talks

European and Asian markets rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.

U.S. markets had forged higher Thursday following strong results from tech giants Microsoft and Meta that helped offset lingering economic worries.

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Ukraine, US sign minerals deal, tying Trump to Kyiv

The United States and Ukraine on Wednesday signed a minerals deal after a two-month delay, in what President Donald Trump's administration called a new form of U.S. commitment to Kyiv after the end of military aid.

Ukraine said it secured key interests after protracted negotiations, including full sovereignty over its own rare earths, which are vital for new technologies and largely untapped.

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Trump offers automakers some relief on his 25% tariffs

President Donald Trump signed executive orders Tuesday to relax some of his 25% tariffs on automobiles and auto parts, a significant reversal as the import taxes threatened to hurt domestic manufacturers.

Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide. Trump portrayed the changes as a bridge toward automakers moving more production into the United States.

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Amazon not planning to break out tariff costs as White House attacks potential move

Amazon says it's not planning to display added tariff costs next to product prices on its site — despite a report that sparked speculation the e-commerce giant would soon show the new import charges, and the White House's fiery comments denouncing the purported change.

The Trump administration's reaction appeared to be based on a misinterpretation of internal plans being considered by Amazon, rather than a final decision made by the company.

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Eurozone economy grows more than expected in first quarter

The eurozone economy expanded more than expected in the first quarter, official data showed on Wednesday, despite the uncertainty created by U.S. President Donald Trump's tariffs.

The EU's official data agency said the 20-country single currency area recorded growth of 0.4 percent over the January-March period from the previous quarter, higher than the 0.2 percent forecast by analysts for Bloomberg.

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German economy posts better than expected growth

The Germany economy grew faster than expected at the start of the year in a boost to the eurozone's traditional powerhouse which has faced a long slowdown, official data showed Wednesday.

Gross domestic product (GDP) in Europe's biggest economy expanded 0.2 percent in the first quarter compared to the previous quarter, according to provisional figures from federal statistics agency Destatis. Analysts surveyed by FactSet had forecast an expansion of 0.1 percent.

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Amazon launches first internet satellites to compete against SpaceX's Starlinks

Amazon's first batch of internet satellites rocketed into orbit Monday, the latest entry in the mega constellation market currently dominated by SpaceX's thousands of Starlinks.

The United Launch Alliance's Atlas V rocket carried up 27 of Amazon's Project Kuiper satellites, named after the frigid fringes of our solar system beyond Neptune. Once released in orbit, the satellites will eventually reach an altitude of nearly 400 miles (630 kilometers).

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Coca-Cola reports better-than-expected quarterly profit, says can manage through tariffs

Coca-Cola reported better-than-expected earnings in the first quarter and said the impact of tariffs on its business are likely to be "manageable."

Revenue fell 2% to $11.1 billion in the January-March period, the company said Tuesday. That was in line with Wall Street's expectations, according to analysts polled by FactSet.

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With China and US at intense economic odds, nations are being forced to choose sides

One went to the United States. The other went to China. It was a sign of the times.

While the Swiss president was in Washington last week to lobby U.S. officials over President Donald Trump's threatened 31% tariff on Swiss goods, the Swiss foreign minister was in Beijing, expressing his nation's willingness to strengthen cooperation with China and upgrade a free trade agreement.

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China shrugs off threat of US tariffs to economy, says it has tools to protect jobs

China's leaders are downplaying the potential impact from U.S. President Donald Trump's trade war, saying they have the capacity to protect jobs and limit damage from higher tariffs on Chinese exports.

The briefing Monday by several senior officials of different government ministries appeared aimed at shoring up confidence with promises of support for companies and the unemployed, easier lending conditions and other policies to counter the impact of combined tariffs of up to 145% on U.S. imports from China.

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