Business
US President Joe Biden’s recent three-day trip to Angola marks a significant moment in US-Africa relations, particularly as it is the first visit by a sitting US president to this…
Revolut, the fintech company launched in 2015, has celebrated a significant milestone, reaching 50 million global customers and becoming the most downloaded financial app in Europe. This rapid growth underscores…
This week, investors are closely monitoring developments in US politics and global geopolitical tensions, which continue to influence market dynamics. Key economic indicators, including inflation data from the European Union,…
Crude oil prices experienced a temporary setback after reaching a two-week high, driven by capital rebalancing among investors. The surge in oil prices, particularly Brent and WTI futures – which…
UniCredit, one of Italy’s largest lenders, recently proposed a surprise offer worth €10.1 billion to acquire its smaller rival Banco BPM. This bid involves an all-stock transaction where UniCredit is…
In November, German business confidence experienced a significant decline, as indicated by the Ifo Business Climate Index, which fell to 85.7 from 86.5 in October. This drop, marking the second-lowest…
The recent bankruptcy of Swedish battery maker Northvolt AB has raised significant concerns about the future of the European electric vehicle (EV) sector and the European Union’s (EU) financial commitments.…
Thyssenkrupp AG, Germany’s largest steelmaker, has announced a significant restructuring plan aimed at reducing its workforce as part of efforts to cut costs amid ongoing challenges in the steel industry.…
Atos, a French IT service provider, is currently engaged in efforts to restructure its operations amidst significant financial challenges. The company’s advanced computing division, which encompasses its artificial intelligence (AI)…
Tenure insecurity related to land and housing is escalating globally, including across Europe, posing serious challenges for many individuals and families. The 2024 Prindex Report reveals that approximately 1.1 billion…
