By Michelle Nichols UNITED NATIONS () - U.S. President Donald Trump "sees great promise in the United Nations if it focuses on its founding mission of international peace and security," his nominee to be ambassador told the U.S. Senate Foreign Relations Committee on Tuesday. Elise Stefanik, a member of the House of Representatives, is expected

BERLIN () - German opposition leader Friedrich Merz, tipped to become chancellor in next month's election, said on Tuesday U.S. President Donald Trump could prove an interesting partner for Europe provided the region had a strong common negotiating position. "He is a dealmaker, so let's think about what we can offer," Merz said in a

By Abhinav Parmar () -U.S. homebuilder D.R. Horton topped analysts' estimates for first-quarter results on Tuesday, helped by incentives and favorable housing demand. Shares of the company, which rose more than 5% before the bell, pared gains and were down about 1% in afternoon trading. Arlington, Texas-based D.R. Horton has offered incentives such as mortgage

By Stine Jacobsen COPENHAGEN () - European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first day in office, adding to pain in an industry that had turned to the United States to help revive its fortunes. The biggest decliner, Denmark's Orsted (CSE:), which

By Marcela Ayres BRASILIA () - Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing deteriorating inflation expectations, a weaker currency and lingering concerns over the fiscal outlook of Latin America's largest economy. Citi on Tuesday forecast rates to peak at 15.50% in June, following similar

DAVOS, Switzerland () - German Chancellor Olaf Scholz said on Tuesday he does not support freedom of speech when it is used for extreme-right views, a day after a hand gesture by U.S. billionaire Elon Musk caused uproar during Donald Trump's inauguration festivities. "We have the freedom of speech in Europe and in Germany. Everyone

By Johann M Cherian and Sukriti Gupta () -Wall Street's main indexes were on track to open higher on Tuesday, as investors assessed newly elected President Donald Trump's executive orders on issues including energy and immigration, while awaiting his first move on trade policy. Trump did not lay out any concrete plans on the universal

Wolfe Research released a report discussing key investment themes for 2025, highlighting a stronger U.S. dollar and predicting a decline in long-term interest rates. The firm attributed the rise in the dollar's value to various factors, including rising long-term interest rates, shifting expectations for the Federal Reserve, and the impact of former President Donald Trump's

On Tuesday, Barclays (LON:) presented a new analytical tool named the 'Equity Euphoria Indicator' (EEI) designed to measure the intensity of investor sentiment in the stock market. This announcement coincides with recent observations of significant changes in market positions and investment strategies among various types of funds following the US presidential election. According to Barclays

PARIS () - U.S. President Donald Trump's decision to leave the Paris climate accord for the second time was regrettable but unsurprising, Francois Villeroy de Galhau, a European Central Bank official, said on Tuesday. "We regret Mr. Trump's announcement to leave the Paris Agreement, which was not a surprise," Villeroy, who is also the French