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.

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

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.”

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,

U.S. Secretary of State Marco Rubio spoke with Israeli Prime Minister Benjamin Netanyahu on Wednesday to reiterate Washington's support for its ally, and the two also discussed Iran and Israeli hostages in Gaza, the State Department said.

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.

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.

Ukraine’s President Zelenskyy asked whether the US saw NATO as being necessary as he addressed the World Economic Forum in Davos. Leaders from China, Ukraine and Germany have taken the stage on day one.

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

According to German Chancellor Olaf Scholz, the European Union is working on a proposal for EU-wide purchase incentives for electric vehicles. However, there

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.