Chancellor Olaf Scholz voiced cautious optimism on Tuesday on the potential for German-U.S. relations under President Donald Trump, citing good first talks with his administration, but stressed the importance of "cool heads" in the face of uncertainty.

The race to lead Germany is diverting through Switzerland, with a campaigning push in Davos set to showcase competing visions for how to revive Europe’s biggest economy.

As President Donald Trump’s return to the White House hogged the world’s attention this week, a photo of a half-empty auditorium in Davos, Switzerland, circulated online, leading critics to declare the annual gathering of global political and business leaders “dead.”

Last year, Mark Rutte attended the Davos gathering as Dutch prime minister while angling for his current job as secretary general of NATO, praising Trump for pushing Europeans to step up defense spending. That view — somewhat controversial then — is now widely accepted.

Supporters like Argentina President Milei are expressing their enthusiasm, while Ukraine’s Zelenskyy is looking to the new US president with optimism. In contrast, targets of Trump’s policies, such as German Chancellor Olaf Scholz,

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.

U.S. President Donald Trump demanded OPEC lower oil prices and the world drop interest rates in a speech to global business and political leaders and warned them they will face tariffs if they make their products anywhere but the U.S.

DAVOS, Switzerland (Reuters) - Chancellor Olaf Scholz voiced cautious optimism on Tuesday on the potential for German-U.S. relations under President Donald Trump, citing good first talks with his administration, and stressed that cooperation was key for peace and prosperity.

German Chancellor Olaf Scholz on Tuesday vowed to "defend free trade as the basis of our prosperity", a day after US President Donald Trump threatened to impose tariffs and taxes on trade partners.

The European Union is working on a proposal for bloc-wide purchase incentives for electric vehicles to support the bloc’s struggling automakers, German Chancellor Olaf Scholz said Tuesday.

Davos—where the world's richest and most powerful huddle together for public talks. Here's what happened at the forum on Tuesday.

Azerbaijan is once again at the 'forefront' of World Economic Forum held in Davos. In an era defined by rapid digital transformation, Azerbaijan is positioning itself as a competitive hub for local and international investments.