A protracted period of uncertainty for Italy’s erstwhile flagship carrier ended on Friday when the German Lufthansa Group completed its acquisition of Italian airline ITA
Category: Europe
EBRD investments rose by 26% to a record $17.1 billion in 2024.
More projects in Ukraine and green finance helped the European Bank for Reconstruction and Development increase its investments by 26% in 2024 to a record
Europe’s economy faces greater difficulties with French-German political turmoil.
Europe’s economy was already struggling before the fall of the administrations of France and Germany. Slow development and poor competitiveness in comparison to China and
European banks facing poor profitability and weak economies dread tougher competition under Trump.
As Wall Street prepares for a new era of financial deregulation under a second Donald Trump administration, European banks will have an even harder time
Cheap Chinese cars force Volkswagen to shut down 3 of 10 German plants.
The head of Volkswagen’s labor council stated on Monday that the firm has notified representatives of its intention to close at least three sites in
In a bid to achieve “net zero” by 2045, Germany will invest $3.7b in decarbonizing industries.
On Friday, the German government declared its intention to finance initiatives aimed at making the industry more climate-friendly, including subterranean carbon dioxide storage at offshore
Putin is in a dilemma as Ukraine reins missiles while advancing deeper into Russia.
President Vladimir Putin is facing a dilemma, according to U.S. President Joe Biden, after Ukraine said on Wednesday that its soldiers had advanced farther into
China attacks EU tariffs on EVs with WTO dispute settlement mechanism.
Regarding the European Union’s tariffs on Chinese-made electric vehicles, the Chinese government announced on Friday that it has complained with the World Trade Organization. China
Ukraine in a major incursion into Russia, achieves 320 miles to Moscow.
On the third day of one of the biggest cross-border incursions of the war, Russian troops are engaged in combat with Ukrainian forces in the
ECB examines banks’ exposure to geopolitical risks on reputation, capital, and operations given Russian sanctions.
The chief banking supervisor for the European Central Bank announced on Wednesday that she was developing a new framework to evaluate the impact of geopolitical
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