Morning Briefing: Europe
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Good morning. China lifts a ban on Boeing deliveries. Volodymyr Zelenskiy says he’d like Donald Trump to be at a planned meeting with Vladimir Putin this week.  And Samsung is launching an ultra-thin smartphone. Listen to the day’s top stories.

China removed a month-long ban on deliveries of Boeing planes, people familiar said, after the trade-talk breakthrough with the US. Officials this week told local carriers and government agencies the restrictions have been lifted. 

Ukrainian President Volodymyr Zelenskiy said he’d like Donald Trump to join a possible meeting with Russia’s Vladimir Putin on Thursday. European leaders are said to be willing to wait for the outcome of that gathering before urging the US to announce new sanctions on Moscow.

Illustration: Bloomberg Daybreak/Getty Images

Trade optimism: Trump said he may speak to Chinese President Xi Jinping this week. Goldman raised its 12-month target for the S&P 500 to 11%, while Nomura said it’s bullish on China’s stocks.

Central banks: The European Central Bank’s Martins Kazaks urged caution even as he backed a further rate cut. Bank of England dove Alan Taylor said UK rates are still restrictive.

UK pension fund managers agreed to invest at least 5% of their assets into British private markets by the end of the decade, Rachel Reeves said.

Deep Dive: Google Goes to Court

Google is facing at least €12 billion in damage claims from dozens of price comparison websites across the EU that allege it stole their customers, according to a Bloomberg News review.

  • The civil suits are linked to a 2017 decision by the European Commission to fine Google €2.4 billion for illegally leveraging its search dominance to give its own shopping service an edge—which also unleased a wave of “follow-on” cases.
  • For years, those later suits were delayed as Google appealed. Last year a tribunal confirmed that the company did violate antitrust laws—meaning EU-based plaintiffs no longer have to prove it in court.
  • Many of the cases are now moving ahead.

The Big Take

It’s Never Been Harder to Find Air Traffic Controllers—Look at Newark
The path to alleviating the shortage of air-traffic controllers runs through a training academy in Oklahoma City.

Opinion

Keir Starmer needs to own the changes he’s promised on immigration, Martin Ivens writes. Successive governments’ failure to control the UK’s borders have become symbols of “broken Britain” and turned voters against the political class.

More Opinions
Javier Blas
US Oil Output Has Peaked. But Don’t Expect a Rapid Decline.
Chris Hughes
Where Are Shell’s Animal Spirits for a BP Deal?
Mihir Sharma
How the US Gave India and Pakistan an Excuse to Stand Down

Before You Go

Samsung Galaxy S25 Edge smartphones displayed during a media preview. Photographer: Michael Nagle/Bloomberg

Samsung is launching an ultra-thin smartphone. The Galaxy S25 Edge is 5.8mm thick, weighs 163 grams and will go on sale from May 30 for $1,099 in the US. Apple’s iPhone 17 is expected to have a similar thickness.

A Couple More
Apple to Lean on AI Tool to Help iPhone Battery Life for Devices in iOS 19
Sean ‘Diddy’ Combs Says Love Life on Trial as State Alleges Plot

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