Browsing Category
EU
Just Eat drops off the investor’s radar
Investors have taken a bite from the share price of Just Eat Takeaway after the group's third-quarter performance fell short of expectations due to a larger-than-expected drop in orders in North America.
The shares of the Amsterdam-based…
Vauxhall to decide on UK plant future ‘in the next few weeks’
Owners of Vauxhall Citroen Peugeot have said that a decision on the future of their UK plants will be taken "in the coming weeks" amid a dispute over government electric car quotas. Carlos Tavares has announced that Stellantis is close to…
European automakers are planning dozens of models at lower prices to survive the ‘EV…
The European automakers plan to launch dozens of electric models at affordable prices next year, as they prepare for a "EV Winter" fueled by the tougher EU carbon emissions targets and fierce competition coming from China.
The big…
Matt Brittin resigns as Google Europe boss
Google's UK and Europe boss is retiring after nearly two decades in which he guided the internet giant to a $2 trillion market valuation.
Matt Brittin will depart in the New Year as the industry shifts focus to artificial-intelligence…
Brookfield wins warehouse giant Segro for £1.1bn
Brookfield, a major investment group in the world, has outbid a competitor and agreed to a deal worth £557million for Tritax EuroBox. Segro, Europe’s largest shed owner , had made an offer of 68.4p per EuroBox share, but this bid is 69p.…
EU countries approve €35 billion loan to Ukraine
As part of a G7 initiative to fund Kyiv’s defense against Russian aggression, EU countries approved a loan to Ukraine of up to €35bn before the year ends.
According to sources familiar with the issue, a majority of EU Ambassadors backed…
Young Britons regret losing the right to work in EU after Brexit
Seb Kinsey, 18, grew up in Glossop near the Peak District, Derbyshire. Growing up there gave him a love for geography, geology, and the outdoors. Kinsey, who finished his A-levels in summer and is heading to university this fall, wanted to…
From 2025, the UK and EU will hold regular summits of their leaders.
After a meeting between the EU and UK in Brussels to "reset" post-Brexit relationships, the EU and UK committed to holding the first of a series annual summits in 2019. The meeting with European Commission President Ursula von der Leyen UK…
German economy stuck in a vicious cycle of stagnation
After a key activity measure fell for the fifth month in a row in September, economists warned that Germany's economy was stuck in a vicious cycle of stagnation. This month, the Ifo monthly business climate index fell from 86.6 down to…
Berlin rejects the takeover of Commerzbank, as Unicredit increases its stake
Germany has escalated the battle for the future of Commerzbank, after Berlin said it was against a takeover just hours after Italy's UniCredit announced it had increased its share in the Frankfurt-based bank. UniCredit shocked the European…
European governments sell off €16bn in bank stocks
Over the last year, European governments have sold more than €16bn in bailed out bank stocks as they try to put an end to the effects of the global economic crisis.
The government has been able to take advantage of the share price…
Apple loses landmark tax dispute with the EU
Apple lost a €13-billion battle against unpaid taxes, a landmark in European Union law over "sweetheart tax deals".
The European Court of Justice reversed an earlier ruling that favored the technology group and found that Ireland…
France requests more time from the EU to submit a debt plan
The French government has requested more time from the European Commission to present its plans for debt reduction and deficit reduction. This comes as Michel Barnier, the new prime minister, works to form a government in a context of…
Chinese Electric Vehicle Sales Falter in Europe as EU Tariffs Take Effect
The European electric vehicle (EV) market is undergoing a notable transformation as Chinese manufacturers respond to newly imposed European Union tariffs. According to data from automotive analyst Dataforce, the market share of Chinese EVs…
Spain Blocks Hungarian Consortiums Bid for Trainmaker Talgo Citing National Security Concerns
The Spanish government has taken the extraordinary step of blocking a €619 million bid by a Hungarian consortium to acquire the Spanish trainmaker Talgo, labelling the move a threat to national security and public order. The decision,…
Keir Starmer Seeks New UK-German Treaty in Berlin Talks with Olaf Scholz
Prime Minister Keir Starmer has initiated efforts to secure a new bilateral treaty with Germany during discussions with Chancellor Olaf Scholz in Berlin. The meeting, which took place on Wednesday, is part of Starmer's broader strategy to…
Brexit Seed Import Delays Threaten UK Crop Production and Food Security
The introduction of post-Brexit border rules on 30 April has led to significant delays in seed imports from the EU, causing concern among UK vegetable growers. The British Tomato Growers' Association (BTGA) and the Cucumber and Pepper…
EU demands better relations with UK
Brussels warned the UK that it must implement the existing Brexit agreements regarding Northern Ireland, and the rights for EU citizens in Britain, if it wanted to improve its relationship with the bloc.
The Prime Minister, Sir Keir…