Daimler profits slump as company reports fourth-quarter loss
Net profit for the full year fell to 2.71 billion euros ($2.94 billion) from 7.58 billion euros. In the fourth quarter of the year the Stuttgart-based company lost 11 million euros, compared with a profit of 1.64 billion euros in the year-earlier quarter.
Trump takes aim at EU trade as European officials brace for fight
An emboldened President Donald Trump has set his sights on restructuring the more than $1 trillion U.S. trade relationship with the European Union, raising the spectre of another major trade war as the global economy slows and he seeks re-election. Trump, who recently signed a Phase 1 trade deal that cooled a bitter trade war with China, has called the EU's position on trade "worse than China" and threatened to impose tariffs on its cars and other products. European officials say they're willi
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