According to a report from the Financial Times, the EU’s new trade chief has told the United States to remove the imposition of tariffs on more than $7 billion EU products or face additional duties on exports to Europe, in… Read More ›
Europe
Israel, UAE and US to pursue joint collaboration on developing renewable energy strategy
In a significant development, the energy ministers of the United States, Israel and the United Arab Emirates said, they will develop a joint strategy for greater coordination in the energy sector; the trio will also jointly collaborate to mitigate energy… Read More ›
Food safety and sovereignty: companies commit themselves to Europe
Agriculture has always been one of the pillars of the European economy thanks to a long agricultural tradition, as well as natural, infrastructural and human-related advantages. The industry is developing constantly, with EU trade in agricultural products more than doubled… Read More ›
European Stock exchanges jump eyeing COVID-19 vaccine developments
Following a rout in technology stocks on Wall Street that subdued global investor sentiments, on Monday, European shares rebounded with investors keeping a close eye on COVID-19 vaccine developments. Australia is likely to receive its first batches of a potential… Read More ›
Germany raises 6..5 billion euros in landmark first green bond issue
In a landmark moment for Europe’s push towards climate focused financing, investors lapped up Germany first-ever green bond. Germany has raised 6.5 billion euros from the 10-year bond after investors queued up for over 33 billion euros. “With today’s issue… Read More ›
Citadel and Citadel Securities expand footprint in Asia-Pacific, opens new offices in Singapore, Shanghai and Sydney
On Monday, in a statement, Citadel, a Chicago-based hedge fund and Citadel Securities, which provides trading services to asset managers, banks, broker-dealers and hedge funds, said, it will open a new office in Singapore. Both businesses, which have offices across… Read More ›
Ryanair grounds 99% of flights until July 2020
On Friday, Europe’s biggest low cost carrier Ryanair announced, it will be grounding more than 99% of its flights until July. It has also commenced negotiations with Boeing for cutting the number of aircraft deliveries over the next 24 months…. Read More ›
Have enough liquidity to sustain for next 12 months even without passengers: Heathrow Airport
In a statement, Europe’s busiest airport, London’s Heathrow Airport said, passenger numbers are expected to be down by nearly 97% in April; it went on to add, they are likely to remain weak until governments fighting the coronavirus outbreak deem… Read More ›
Italy to ease lockdown from May 4: Giuseppe Conte
Italian Prime Minister Giuseppe Conte stated, starting from May 4, factories and building sites will re-open on May 4 and in the weeks to come more businesses will be allowed to conduct business. The development comes as Italy prepares to… Read More ›
Japan’s casual clothing chain Uniqlo to reopen 2 stores in Berlin
According to a spokeswoman from casual clothing chain Uniqlo, the company plans on reopening two of its stores in Berlin sometime this week. With this Uniqlo has become the first company in Europe to resume business following a temporary closure… Read More ›
