On Tuesday, French President Emmanuel Macron unveiled a five-year, $35 billion (30 billion euro) investment plan aimed at providing much needed support to champions of domestic industry and to support innovation. “We must wage the battle of innovation and industrialisation… Read More ›
In a statement the German Government said, French President Emmanuel Macron and German Chancellor Angela Merkel have had phone calls with their equivalent in Russia and Ukraine and discussed the conflict in Ukraine. All four leaders agreed that their foreign… Read More ›
In signs of a worsening power crisis in China, the country’s largest provincial economy warned of worsening power shortages despite Beijing’s best efforts to boost coal supply and boost electricity production. According to analysts, China’s power crisis is expected to… Read More ›
Honeywell International Inc has raised its outlook for business jet deliveries, underscoring the aviation sector’s recovery from the COVID-19 pandemic. The travel industry is gradually recovering following easing of travel restrictions. U.S. based Honeywell International has forecast up to 7,400 new… Read More ›
Michael Linhart, Austria’s ambassador to France, has been appointed as the country’s foreign minister. He will succeed Alexander Schallenberg, who has been designated to become Austrian chancellor, as per a statement released on Monday. Linhart, a career diplomat who served… Read More ›
On Sunday, more than 100,000 Poles demonstrated Sunday in support of European Union membership following a Polish court’s ruling that parts of EU law are incompatible with the constitution raising fears that Poland could potentially leave the bloc. Politicians across… Read More ›
In a statement Malaysia said, it has lifted interstate and international travel restrictions for fully vaccinated COVID-19 residents. Malaysia has inoculated 90% of its adult population. Malaysian Prime Minister Ismail Sabri Yaakob said, the government has agreed to allow fully… Read More ›
The GFG Alliance has agreed to a debt restructuring deal with Credit Suisse for its Australian steel and coal mining assets; it has also announced plans to inject $68 million (50 million pounds) in restarting its Rotherham electric furnace in the… Read More ›
In a statement, German Chancellor Angela Merkel said, the coming weeks will be decisive for the future of the Iran nuclear deal while adding, every day passing day that goes by without Tehran responding to U.S. overtures on the nuclear… Read More ›
Member support for a proposed Resilience and Sustainability Trust is still being sought by the International Monetary Fund. This trust will give an opportunity for richer nations to divert their IMF reserves to nations that are in need of funding…. Read More ›
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