Top Posts
US consumer sentiment rises in January, though worries...
Europe bulletin: UK courts China, Ofcom probes Meta,...
Evening digest: Bitcoin slides below $90K, Amazon layoffs...
Microsoft stock rebounds 4% as Wall Street reassesses...
WEF wrap: Trump, Carney, Musk, Huang, and the...
Meta Platforms stock jumps as top analyst upgrades...
Plug Power stock price has rebounded, but a...
Oracle stock has crashed: Is it a buy...
Down 50% from its 2025 highs, is GitLab...
Top 3 FTSE 100 Index shares to watch:...
Major Gross Profit – Investing and Stock News
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick
Stock

Europe bulletin: UK courts China, Ofcom probes Meta, EU alarms over Trump

by admin January 24, 2026
January 24, 2026

Europe is bracing for a sharper, more transactional political economy.

The UK is signalling an “economic reset” with China, as Starmer heads to Beijing flanked by heavyweight finance and trade figures in a bid to re-energise investment and partnerships.

At home, regulators are turning the screws on Big Tech, with Ofcom launching a formal probe into Meta’s data disclosures.

On the continent, Brussels is wary of Trump’s expanding diplomatic footprint, while France’s government survives, yet remains on thin ice.

UK signals economic reset with heavy Beijing delegation

Starmer’s bringing the full bench to China next week, Finance Minister Rachel Reeves, Business Secretary Peter Kyle, and HSBC boss Brendan Nelson in tow.

The move signals London’s dead seriousness about resetting ties with Beijing after years of cold-shoulder treatment.

This isn’t a ceremonial trip; having Treasury and Trade firepower alongside the PM screams urgency on £100 billion in annual trade.

Beijing’s already laying groundwork, hosting 30 British firms for pre-visit negotiations.

What’s the real play? Starmer’s positioning of Britain as Trump-proof, seeking Chinese capital and tech partnerships, while Washington is unpredictable on trade.

Ofcom signals crackdown on Meta’s data compliance

Ofcom just dropped a regulatory hammer on Meta, opening a formal investigation into whether the tech giant misled UK regulators on WhatsApp Business data.

The probe hinges on last year’s wholesale SMS market review, where Meta supposedly provided incomplete or inaccurate information about WhatsApp’s business messaging capabilities.

It means Ofcom suspects Meta undersold or obscured WhatsApp’s competitive threat to traditional SMS services.

Meta’s playing nice publicly, pledging “substantial resources” for compliance, but this investigation signals growing impatience from British tech regulators.

The stakes? Potential fines and tighter oversight of how Meta monetizes user data across its ecosystem.

EU sees red over Trump’s peace board power grab

Brussels just fired off a diplomatic shot across Trump’s bow; leaked documents reveal the EU’s foreign policy arm is flagging “serious concerns” about Trump’s lifetime chairmanship of his new Board of Peace.

The core gripe? The board’s charter veers wildly from its original Gaza mandate, essentially creating a shadow UN that Trump controls indefinitely.

The EU’s diplomatic service argues it violates constitutional principles and undermines UN autonomy.

Only Hungary and Bulgaria signed on; France, Italy, Germany, and Spain are sitting it out, citing governance red flags and Putin’s seat at the table.

Costa’s line? The EU will engage with Gaza, but not blank-check Trump’s geopolitical playground.

French government survives another vote of no-confidence

France’s third prime minister in 13 months just lived to fight another day.

PM Sébastien Lecornu scraped through Friday’s no-confidence vote 269–288, falling short of the threshold needed to topple his government.

His survival hinges on Socialist support, the kingmaker in France’s fractured parliament, where no party holds a majority.

Lecornu invoked Article 49.3, the controversial “nuclear option,” to bypass debate and ram through the income portion of the 2026 budget, a move that’s felled the last two prime ministers over identical overreach.

The budget targets a 5% deficit, still 200 basis points above Brussels’ 3% ceiling, making France’s fiscal trajectory Europe’s problem.

A second no-confidence vote looms for the spending portion. For markets, French government stability remains one Article 49.3 away from collapse.

The post Europe bulletin: UK courts China, Ofcom probes Meta, EU alarms over Trump appeared first on Invezz

previous post
Evening digest: Bitcoin slides below $90K, Amazon layoffs mount, gold at record highs
next post
US consumer sentiment rises in January, though worries over prices, jobs persist

related articles

US consumer sentiment rises in January, though worries...

January 24, 2026

Evening digest: Bitcoin slides below $90K, Amazon layoffs...

January 24, 2026

Microsoft stock rebounds 4% as Wall Street reassesses...

January 24, 2026

WEF wrap: Trump, Carney, Musk, Huang, and the...

January 24, 2026

Top 3 FTSE 100 Index shares to watch:...

January 23, 2026

After the BitGo IPO, Ledger hires Goldman Sachs...

January 23, 2026

GME stock price analysis: What next for GameStop...

January 23, 2026

India plans manufacturing push to triple exports by...

January 23, 2026

Babcock shares slide as CEO David Lockwood plans...

January 23, 2026

ASX 200 Index forecast as UBS predicts RBA...

January 22, 2026
Join The Exclusive Subscription Today And Get Premium Articles For Free

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • US consumer sentiment rises in January, though worries over prices, jobs persist
  • Europe bulletin: UK courts China, Ofcom probes Meta, EU alarms over Trump
  • Evening digest: Bitcoin slides below $90K, Amazon layoffs mount, gold at record highs
  • Microsoft stock rebounds 4% as Wall Street reassesses valuation and momentum
  • WEF wrap: Trump, Carney, Musk, Huang, and the end of old playbook

Editor’s Pick

Meta Platforms stock jumps as top analyst upgrades...

January 24, 2026

Plug Power stock price has rebounded, but a...

January 24, 2026

Oracle stock has crashed: Is it a buy...

January 24, 2026

Down 50% from its 2025 highs, is GitLab...

January 24, 2026

Workday stock has become a bargain: is it...

January 23, 2026
Footer Logo
  • Email Whitelisting
  • Terms and Conditions
  • Privacy Policy
  • Contacts
  • About us

Copyright © 2026 majorgrossprofit.com | All Rights Reserved

Major Gross Profit – Investing and Stock News
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick