Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
UAE-Backed Programme Expands Assessment of Uzbekistan's Public Institutions
Uzbekistan has expanded a UAE-backed programme assessing state institutions, with 41 ministries and agencies reviewed this year. The initiat
EU Industry Chief Urges Companies to Diversify Supply Chains Amid China Tensions
EU Industry Commissioner Stéphane Séjourné has called on European businesses to diversify their supply chains, warning against total relianc
Egypt to Become Eastern Mediterranean Gas Hub as Cypriot LNG Flows to Europe via QatarEnergy Deal
QatarEnergy and ExxonMobil have signed an agreement with Egypt to develop Cypriot offshore gas fields and export liquefied natural gas to Eu
German Business Sentiment Unexpectedly Rises Despite Energy Market Strains from Iran Conflict
Germany's ifo Business Climate Index rose to 84.9 points in May, surprising economists who had predicted a decline. The modest uptick sugges
Leonardo to Equip Kuwaiti Patrol Vessels, Deepening Italy's Gulf Ties
Leonardo has signed a €320 million contract to supply naval combat systems for eight new Kuwaiti patrol vessels built in the UAE. The deal s
Leonardo Wins €320M Deal to Equip Kuwaiti Patrol Vessels, Bolstering Italy's Gulf Role
Leonardo has secured a €320 million contract to provide naval combat systems for Kuwaiti patrol vessels. The deal, signed with Abu Dhabi Shi
European Markets Rise as US-Iran Talks Offer Hope, Oil Stays Above $100
European indexes gained on Friday as signs of progress in US-Iran talks steadied markets. Oil stayed above $100 a barrel with Strait of Horm
Where Europe's Richest 0.1% Earn the Most: Estonia Leads EU at 8.3%
The richest 0.1% in Europe capture 4.5% of all income on average, but their share ranges from 1.6% in the Netherlands to 10.2% in Georgia. E
EU and Mexico Finalize Trade Deal Update to Remove Barriers
The European Union and Mexico are set to sign an updated trade agreement on Friday, eliminating remaining barriers in raw materials, agricul
French Appeals Court Convicts Air France and Airbus of Manslaughter in 2009 Rio-Paris Crash
A French appeals court convicted Air France and Airbus of involuntary manslaughter for the 2009 Rio-Paris crash that killed 228 people. The
EU to Mandate Chip Supplier Diversification for Carmakers After Nexperia Crisis
The EU is set to force carmakers like Volkswagen, Stellantis, and Renault to diversify chip suppliers under new legislation. The move follow
Stellantis Unveils €60 Billion Plan for 60 New Models by 2030, Including Budget EV from Pomigliano
Stellantis will launch 60 new models by 2030, investing €60 billion. A fully electric car under €15,000 will be produced at Pomigliano d'Arc