The toy company is already ramping up its efforts to diversify production away from China in order to avoid more of an impact from tariffs.
Category: 3. Europe
-
Mattel plans to increase prices for some toys to offset tariff costs
-
Europe’s last maker of key antibiotics ingredients shuts biggest domestic factory
Stay informed with free updates
Simply sign up to the Pharmaceuticals sector myFT Digest — delivered directly to your inbox.
Europe’s last manufacturer of ingredients for some vital antibiotics is closing its biggest domestic factory and…
Continue Reading
-
Why world powers are watching the papal conclave with more interest than ever
Judging by an image he posted of himself wearing a liturgical mitre and papal robes and his statements in recent days about his desire to become pontiff, US President Donald Trump seems to be taking an unusual interest in the Vatican’s role in world politics. But he’s not the only…
Continue Reading
-
Eurozone recovery stalls as services lose momentum despite manufacturing uptick
Eurozone growth barely advanced in April as services stagnated despite a manufacturing rebound. Cooling inflation boosts hopes for an ECB rate cut, but weak demand and falling confidence cloud the outlook.
Continue Reading
-
Millions of UK tourists warned over travelling to ‘four’ European countries in May
UK tourists have been issued a warning over travelling to four European Union nations. Eurostar has sent a stark alert to Brits hoping of a holiday in Belgium, France, the Netherlands, and Germany.
Eurostar has warned of disruption and delays for…
Continue Reading
-
Merz fails to be elected chancellor in first parliamentary vote – POLITICO
BERLIN — Conservative leader Friedrich Merz did not receive enough parliamentary votes in a first round vote to be elected chancellor in a major shock on Tuesday.
“Member of Parliament Friedrich Merz did not achieve the required majority of at least 316 votes,”…
Continue Reading
-
Germany's chancellor hopeful Merz fails to secure majority in first round of Bundestag vote
Merz failed to secure the majority of votes in the first round of voting to become Germany’s next chancellor.
Continue Reading
-
Moscow airports closed after second night of Ukrainian drone attacks, authorities say
The drone incursion comes ahead of planned celebrations in the Russian capital to commemorate the end of World War II.
Continue Reading
-
Liverpool communities unite to celebrate Europe’s rich cultures at 2025 European Festival
Communities across Liverpool will come together this spring to celebrate the rich diversity, traditions and stories of Europe as the Liverpool European Festival returns bigger and bolder for 2025.
The festival will…
Continue Reading
-
Barbie dolls become new victim of Trump’s tariff war – POLITICO
Mattel manufactures about 40 percent of its toys in China, which the Trump administration slugged with 145 percent tariffs, arguing Beijing treats the U.S. unfairly on trade.
The toymaker said Monday it would move some of its production out of China in a bid to diversify its supply chain…
Continue Reading