Mon, Mar 18, 2024
Venture fundraising in Europe has slowed sharply, from $130 billion in 2021 to $62 billion in 2023, PitchBook data shows, leaving some early-stage firms in a funding crunch as they burn through cash.
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Sun, Mar 17, 2024
Tesla raised the prices of its Model Y rear-wheel drive and long-range vehicles by $1,000 to $43,990 and $48,990, respectively, on March 1.
Thu, Mar 07, 2024
Europe's airlines have benefited from unprecedented demand after the pandemic, allowing them to raise prices, but higher labour and maintenance costs have limited earnings growth.
Wed, Feb 28, 2024
Under a longstanding agreement, European countries traditionally nominate a candidate to lead the IMF, while the U.S. nominates a candidate to head the World Bank.
U.S. sales for the month surged 23 per cent while those in Europe gained 2 per cent, offsetting a sharp 14 per cent drop in domestic sales.
Mon, Feb 05, 2024
Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement sales in Europe, its biggest market, were up 8 per cent while in the United States, they were unchanged.
Thu, Feb 01, 2024
In November it was 50, the level that separates expansion from contraction. The index has been marginally below 50 for 11 of the last 15 months.
Wed, Jan 31, 2024
Wiz Freight is gearing up for expansion including Saudi Arabia, Vietnam, China, Malaysia and parts of Europe.
Thu, Jan 25, 2024
These mammoth projects in the highway, port and railway segments have generated a robust demand for steel and cement which is having a multiplier effect on growth.
Sun, Jan 14, 2024
The U.S. and Britain launched dozens of air strikes against Houthi military targets overnight on January 11 and 12 in retaliation for the attacks, widening regional conflict stemming from Israel's war in Gaza.
Wed, Dec 27, 2023
The technology sector, which houses Europe's major chipmakers, jumped 0.7 per cent, in line with their rising Wall Street counterparts.
Tue, Dec 26, 2023
Intel operates four development and production sites in Israel, including a manufacturing plant in Kiryat Gat, and employs nearly 12,000 people in the country.
Thu, Dec 14, 2023
Euronext's Gallagher said it charged a very small number of clients higher fees to trade in closing auctions compared with the rest of the trading session.
The central bank is expected to keep its main interest rate at a 15-year high of 5.25 per cent, where it has stood since August.
Thu, Nov 30, 2023
A final design could be chosen in 2026 while it could take another several years before they are actually issued into circulation.
Wed, Nov 29, 2023
In a surprising turn of events, Europe is now heavily reliant on diesel that may have originated from Russian crude oil, despite banning most oil shipments from Russia nearly a year ago. This video explains how India, a significant purchaser of Russian crude, is on track to export a record amount of diesel to Europe, filling a supply gap left by declining imports from Saudi Arabia and the US.
Tue, Nov 28, 2023
Netflix charges 7.99 euros for a basic subscription plan, while Alphabet's YouTube Premium costs about 12 euros and Spotify's Premium service is priced at about 11 euros.
Thu, Nov 23, 2023
Open banking could also improve the currently "clunky" experience of direct consumer-to-consumer transfers, it said.
Wed, Nov 22, 2023
Most economists expect the global economy to avoid a recession but have flagged possibilities of "mild recessions" in Europe and the UK.
Mon, Nov 20, 2023
In commodity markets, oil rebounded from four-month lows on Friday amid speculation OPEC+ will extend, or increase, its production cuts at a meeting on November 26.
Tue, Nov 14, 2023
The joint statement by the G7 called for humanitarian pauses in the Israel-Hamas war, reaffirmed support for Ukraine in its war with Russia, and condemned North Korea's missile tests and arms transfers to Russia.
Thu, Nov 09, 2023
The Direktbank division that served retail savers has closed with its last customer - who used VTB for a deposit for a garden shed.
Thu, Oct 05, 2023
Shares in Volvo Cars, which targets double-digit retail sales growth for the full year, were up 2 per cent in early trade.
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