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Spanish Roca Group to invest €70 million in factory construction in Kazakhstan
Roca Group plans a significant capital expenditure of €70 million to develop manufacturing facilities in Kazakhstan, aiming to strengthen its presence and increase production capac...
Read Full Article →Nike expects US tariffs to cost it $1bn and warns of falling sales
Nike anticipates a substantial financial impact from import duties, contributing to declining revenue and profits, though its current quarter outlook provided some optimism that bo...
Read Full Article →RTL to buy Sky Deutschland for €150mn in TV consolidation effort
The acquisition allows RTL to expand its market presence across multiple European countries, potentially increasing revenue streams and enhancing its competitive position in the te...
Read Full Article →Tariffs: France and Germany pursue different tacks towards US deal
France and Germany’s contrasting approaches to trade negotiations with the US could impact the potential for eliminating tariffs, affecting economic relations and market access bet...
Read Full Article →EU aims to create a ‘competitive’ single market for space services
The plan seeks to enhance the economic landscape of space-related industries by fostering collaboration among various operators and providing financial assistance to smaller busine...
Read Full Article →New car registrations fall in Europe and Tesla sees another drop
The recent decrease in automotive registrations across Europe reflects ongoing challenges for Tesla, even as Chinese company SAIC Motor expands its presence in the region’s competi...
Read Full Article →Italy’s Monte dei Paschi bank gets ECB nod for Mediobanca takeover
The European Central Bank’s approval of Monte dei Paschi’s acquisition could lead to significant changes in the Italian banking sector, despite concerns about potential impacts on...
Read Full Article →Air Astana: How can Kazakhstan’s flag carrier boost its dwindling share price?
Air Astana faces financial challenges as its stock value has declined significantly, prompting leadership to implement strategic measures aimed at enhancing investor confidence and...
Read Full Article →EU shuts out Chinese medical suppliers from European market in retaliatory trade move
The exclusion of Chinese firms from large medical device contracts in the EU could impact market competition and investment flows, potentially affecting supply chains and pricing d...
Read Full Article →Tariffs: German and French industry united on EU retaliation on aircraft sector
The German and French aerospace industries support EU countermeasures focused on US completed airplanes, emphasizing the economic impact on integrated supply chains and the importa...
Read Full Article →Middle East conflict adding to uncertainty amid trade tensions, IMF chief says
The recent conflict in the Middle East, combined with ongoing trade disputes, is contributing to increased economic uncertainty and potential risks for global financial stability,...
Read Full Article →Airbus pledges higher dividends as it confirms financial guidance
Airbus announced an increase in payments to shareholders while maintaining its 2025 financial objectives to provide confidence about its ongoing economic performance.
Read Full Article →Volvo Cars CEO: dual tech for China and the West is new trade reality
The CEO of Volvo Cars highlighted that evolving technology policies and trade barriers are driving the company to adapt its strategies for distinct markets in China and Western cou...
Read Full Article →Shock at Renault: Shares plunge as CEO reportedly departs to Gucci-owner Kering
Renault experienced a notable decline in its stock value after news emerged that its CEO, Luca de Meo, is leaving the company to join the luxury goods firm Kering.
Read Full Article →French lender BPCE to buy Portugal's Novo Banco in major merger deal
The acquisition of Portugal's Novo Banco by a prominent French financial group marks a significant shift in European banking, reflecting changes in ownership and strategic consolid...
Read Full Article →Same game, different rules: Net zero transition without breaking the bank
Achieving climate goals while maintaining economic stability requires innovative strategies that balance environmental responsibilities with cost-effective solutions across industr...
Read Full Article →EU targets Trump's 'Big Beautiful Bill' over tax provision in tariff talks
The potential tax on income earned by foreign investors in the US under the new budget bill has raised concerns in the EU, influencing current discussions related to international...
Read Full Article →Merger between DHL and Evri probed by UK’s competition watchdog
The proposed combination of two major delivery companies is being reviewed to assess its potential impact on market competition and consumer choice in the UK's ecommerce logistics...
Read Full Article →Tesla stock rises as Trump-Musk feud cools and robotaxi launch nears
Tesla's market value increased amid improving relations between the CEO and the former president, alongside growing investor anticipation for the upcoming debut of the company's au...
Read Full Article →Pork, electric vehicles, and diplomatic reset: EU-China trade fight heats up
The escalating trade dispute between the European Union and China could impact market stability and investment flows, influencing economic relations and financial outcomes in both...
Read Full Article →Warner Bros. Discovery to split, dividing TV and streaming services
Warner Bros. Discovery plans to separate its entertainment divisions to enhance operational efficiency and better position itself financially amid rising competition in the televis...
Read Full Article →Chip designer Alphawave sees stock soar on Qualcomm takeover agreement
The purchase of the British chip company by an American corporation highlights ongoing challenges for the London market while significantly increasing Alphawave’s valuation and inv...
Read Full Article →Investors dump Tesla on bet Trump may lash out at Musk through his car company
Market participants have significantly reduced their holdings in Tesla shares, anticipating potential challenges to the company stemming from rising political tensions involving it...
Read Full Article →Tariffs: Commission strengthens imports monitoring amid fear of trade diversion
The Commission has enhanced its oversight of incoming goods to address concerns about shifts in trade patterns, following reports of increased shipments from China to the European...
Read Full Article →Procter & Gamble to cut 7,000 jobs as tariff pressure hits operations
Procter & Gamble plans significant workforce reductions to address increased expenses from trade tariffs and shifting consumer confidence, aiming to enhance operational efficiency...
Read Full Article →Wizz Air sees income hit by engine issues and grounded aircraft
Wizz Air experienced a decline in revenue due to technical problems and aircraft unavailability, highlighting ongoing operational difficulties that have affected the company’s over...
Read Full Article →Markets mixed as investors turn their attention to ECB rate decision
Global financial markets showed varied performance, reflecting investor anticipation and cautious sentiment ahead of the European Central Bank's upcoming interest rate announcement...
Read Full Article →European steel sector on high alert amid slow-moving trade negotiations
The increased US tariffs on steel have intensified challenges for European producers by exacerbating market surpluses and complicating efforts to resolve trade disputes between the...
Read Full Article →Volvo Cars sales plunge 12% in May as tariff challenges continue
Volvo Cars experienced a notable decline in May sales, reflecting ongoing tariff pressures and increased production expenses that have led many European automakers to reduce costs...
Read Full Article →Could the resurgence of Germany’s steel industry help to revive its economy?
The downturn in Germany’s economy may be influenced by new tariffs on steel and aluminum imports, while growth in its defense sector could potentially stimulate increased demand fo...
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