Business

The EU and India have hailed their new free trade agreement as "the mother of all deals". While the pact eliminates or significantly reduces tariffs on a vast majority of goods traded between the two sides, it excludes politically sensitive farming products. We take a closer look. Also in the segment, some Cypriot fishermen have taken their battle against invasive fish to the dinner table. 

After the presidents of the EU Commission and EU Council signed a free trade deal in New Delhi with India's Prime Minister this Tuesday, we take a look at what the pact actually entails. Tariffs will be reduced on a large number of goods going both ways, but some sectors will remain protected. Both sides are looking to further diversify their trade relationships as Donald Trump's global tariff war upends commercial flows.

India has rolled out the red carpet, hosting top EU leaders as guests of honour at its Republic Day parade, a day before the two sides are expected to sign a free trade agreement at an EU-India summit. Negotiations had started long before US President Donald Trump started imposing new tariffs on the rest of the world, but have taken on a sense of renewed urgency amid rising geopolitical and trade tensions. 

The price of an ounce of gold surged past $5,100 on Monday as investors flock to precious metals and away from currency and treasury markets. The trend underlines growing global uncertainty fuelled by debt concerns, US President Donald Trump's attacks on the Federal Reserve and general geopolitical uncertainty. Also in this edition, Canadian PM Mark Carney says he has "no intention" of pursuing a free trade agreement with China. Finally, a plush toy horse with a frown could be the star of the upcoming Lunar New Year.

Just hours after doubling down on his claim that the US should "get Greenland", Donald Trump made an abrupt U-turn on the tariffs he had threatened to slap on European nations that opposed his bid.  Announcing the news on his Truth Social platform, the US president said he and NATO chief Mark Rutte had reached a "framework of a future deal" on Greenland and that in light of that, he would not be imposing the 10 percent import duties that were slated to go into effect on February 1. 

A new report by professional social media platform LinkedIn shows that while jobseekers currently outpace job openings, a "new-collar" era of work is opening, focused on AI-related skills. In this edition, we speak to LinkedIn's EMEA Managing Director Sue Duke from the World Economic Forum in Davos about her insights on new labour market trends and how to navigate geopolitical uncertainty.

French President Emmanuel Macron has spoken out against Donald Trump's latest tariff threat, describing the US president's approach to trade deals as bullying and an attempt to weaken and subordinate Europe. Speaking at the World Economic Forum in Davos, the French leader called on the EU to be ready to activate its powerful anti-coercion mechanism, colloquially known as the "trade bazooka". We take a closer look.

It's been one year since Donald Trump started his second term as US president, and he's pointing to the country's strong GDP growth rate and stock market performances to paint a glowing picture of the economy. But a closer look shows that while activity is booming, it's mostly benefitting the country's wealthier households. Also in this edition, we see how Trump's tariffs have pushed German winemakers to look to China for their exports.

French Prime Minister Sébastien Lecornu has announced he will invoke Article 49.3 of the Constitution to pass the 2026 budget bill into law without parliamentary approval. He admitted that resorting to this tool represented a "partial failure", as he had promised not to use it. But after a host of concessions the government has made, he is betting he now has enough political support, notably from the Socialists, to survive even if no-confidence motions are tabled. 

US President Donald Trump's latest threat of tariffs on eight European nations if Greenland is not sold to the US has EU leaders in crisis mode. Meanwhile, Trump will be a marquee guest at the World Economic Forum in Davos this week amid a rapid increase in global wealth inequality.