• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

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

by January 24, 2026
by 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

0 comment
0
FacebookTwitterPinterestEmail

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 Posts

BofA sees ‘no reason to buy’ Intel stock...

January 24, 2026

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

Capital One to buy stablecoin fintech Brex for...

January 23, 2026

Morning brief: Asian stocks rise after BOJ decision,...

January 23, 2026

Silver within a whisker of $100/oz; gold nears...

January 23, 2026

CSG’s Amsterdam IPO puts Czech defence empire in...

January 23, 2026

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

January 23, 2026

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • BofA sees ‘no reason to buy’ Intel stock after Q4 earnings: find out more

    January 24, 2026
  • US consumer sentiment rises in January, though worries over prices, jobs persist

    January 24, 2026
  • Europe bulletin: UK courts China, Ofcom probes Meta, EU alarms over Trump

    January 24, 2026
  • Evening digest: Bitcoin slides below $90K, Amazon layoffs mount, gold at record highs

    January 24, 2026
  • Microsoft stock rebounds 4% as Wall Street reassesses valuation and momentum

    January 24, 2026
  • WEF wrap: Trump, Carney, Musk, Huang, and the end of old playbook

    January 24, 2026

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (3,910)
  • Editor's Pick (420)
  • Investing (414)
  • Stock (2,617)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Gemini selects Goldmans, Citi and other major...

August 17, 2025

Asia markets mixed as Albanese wins second...

May 5, 2025

Why Shell-led LNG Canada project faces production...

July 30, 2025