PARIS (Reuters) -European luxury shares tanked on Friday as U.S. President Donald Trump said he is recommending a straight 50% tariff on goods from the European Union starting on June 1.

LVMH is said to be warning investors and analysts that demand trends in the current quarter remain soft after the luxury conglomerate missed revenue estimates for the first three months of the year. With a view to manage expectations,

President Donald Trump isn’t the only one who wrapped up a Middle East tour in recent days. A private jet carrying Nvidia’s CEO trailed Air Force One across the region. Oil executives and bankers followed,

Stocks start lower as investors worry about tariffs and Treasury yields as President Donald Trump's tax bill continues to travel through Congress.

The president has publicly condemned multiple companies as the administration attempts to prioritize domestic manufacturing.