Economic

Financial Analysis

VW considers German factory closures for first time in 87-year history

VW considers German factory closures for first time in 87-year history

Germany's Volkswagen says auto industry headwinds mean it can't rule out plant closures in its home ...

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Plans for a new EU financial data wire raise fears of a new monopoly

Plans for a new EU financial data wire raise fears of a new monopoly

The EU plans to mandate a new financial market trade data service, promising transparency and invest...

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German carmaker Porsche to build luxury residential tower in Thailand

German carmaker Porsche to build luxury residential tower in Thailand

The German luxury car maker Porsche has recently revealed the design for the Porsche Design Tower Ba...

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Food retailers demand labelling of new-generation GM crops

Food retailers demand labelling of new-generation GM crops

Hungary’s agriculture minister István Nagy today accepted a petition from hundreds of food producers...

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No sign of slowdown for Chinese electric car sales, despite global curbs

No sign of slowdown for Chinese electric car sales, despite global curbs

Despite global restrictions on Chinese electric vehicle (EV) exports, major Chinese EV manufacturers...

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Revolut unveils new bill payment facility for businesses

Revolut unveils new bill payment facility for businesses

Revolut, one of Europe’s most valuable fintech companies, has recently revealed BillPay, a new bill ...

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Why the German government looks set to reduce its stake in Commerzbank

Why the German government looks set to reduce its stake in Commerzbank

The German state is planning to lower its stake in Commerzbank, a lender it rescued during the globa...

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European stocks fall as PMIs revised lower, ASML hit by UBS downgrade

European stocks fall as PMIs revised lower, ASML hit by UBS downgrade

European markets experienced a risk-off sentiment on Wednesday, following a semiconductor-driven sel...

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Sanctioned Russian oligarchs bag stake in UK’s biggest oil company

Sanctioned Russian oligarchs bag stake in UK’s biggest oil company

Russian oligarchs Fridman and Aven are sanctioned by the UK government and do not receive any of Let...

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