Midsized German firms bet on niche products
While Germany鈥檚 big companies groan under the US tariff burden, many small and midsize firms, the backbone of Europe鈥檚 top economy, are confident their highly-specialised goods will just keep selling...
Tags : Europe
Thyssenkrupp to spin off marine division
German industrial titan Thyssenkrupp鈥檚 shareholders on Friday backed a spin-off of its warship and submarine-building unit, seeking to better position the group to benefit from a European defence boom...
China exports top forecasts
China鈥檚 exports rose more than expected last month, with official data on Thursday showing a jump in shipments to the European Union and other markets offset a drop in those to the United States...
Germany factory output lowest since pandemic
German industrial production slumped in June to its lowest level since the pandemic in 2020, data showed Thursday, underlining the fragility of Europe鈥檚 top economy even before US President Donald Trump鈥檚 new tariffs kicked in...
German factory orders fall
German industrial orders unexpectedly fell in June, official data showed Wednesday, as Europe鈥檚 biggest economy struggles with prolonged domestic weakness and volatile US trade policy...
Czech driverless train hits open track
A rail line linking two northern Czech towns is testing Europe鈥檚 first driverless train operating in an open environment, its developer told AFP on Tuesday...
European Court of Justice challenges authority of sports court CAS
The European Court of Justice said on Friday national courts must be permitted to carry out detailed reviews of arbitral awards by the Court of Arbitration for Sport.
Top EU court rebukes Italy over Albania migrant transfers
The European Union鈥檚 top court on Friday backed Italian judges who questioned a list of 鈥榮afe countries鈥� drawn up by Rome to deport migrants to detention centres in Albania.
First export consignment sent to Europe from BSEZ
For the first time, Singer Bangladesh has commenced exports from its home appliance plant located in the Bangladesh Special Economic Zone, marking a significant milestone for the country鈥檚 economic zones...
EU defends Trump trade deal in face of backlash
The European Union on Monday defended its trade deal with president Donald Trump, with EU capitals and businesses sharply divided on an outcome some branded a 鈥榗apitulation鈥�...
European Union resigned to 15pc US tariff
The United States and the European Union clinched a trade agreement on Sunday that will see EU exports taxed at 15 per cent, in a bid to resolve a transatlantic tariff stand-off that threatened to explode into a full-blown trade war...
Global stocks, dollar rise
Stock markets and the dollar advanced Monday after the European Union and United States struck a deal to avert a damaging trade war...
Ireland鈥檚 鈥榚conomic miracle鈥� at risk from tariffs
The deal between the United States and the European Union may have averted a transatlantic trade war, but worries persist in Ireland where crucial sectors are dependent on US multinationals...
EU accuses Temu over sale of 鈥榠llegal鈥� products
The European Union accused Chinese-founded online shopping giant Temu on Monday of breaking the bloc鈥檚 digital rules by not 鈥榩roperly鈥� assessing the risks of illegal products...
Meta to ban political ads in EU due to bloc鈥檚 鈥榰nworkable鈥� rules
Meta on Friday said it will be forced to ban political advertising on its platforms in the European Union from October because of rules the Facebook and Instagram owner called 鈥榰nworkable鈥�...
Iran holds N-talks with European powers
Iranian diplomats said they held 鈥榝rank and detailed鈥� nuclear talks on Friday with counterparts from Germany, Britain and France, who have threatened to trigger sanctions if Tehran fails to agree a deal on uranium enrichment and cooperation with UN inspectors.
China, EU vow to 鈥榮tep up鈥� action on climate change
China and the European Union vowed Thursday to 鈥榮tep up鈥� action on climate change, according to a joint statement released as Beijing hosted the bloc鈥檚 leaders for a one-day summit.
European car market tumbles 7pc in June
Europe鈥檚 new car market saw a sharp seven-per cent year-on-year drop in June, with top economies Germany, France and Italy posting especially steep declines, according to automobile manufacturers鈥� figures published on Thursday...
EU turns up pressure with Trump trade deal 鈥榠n reach鈥�
With the contours of a hard-fought EU-US trade deal taking shape, the European Union is flexing its muscles in a bid to squeeze concessions from US president Donald Trump in the run-up to his deadline of August 1...
New twist in EU-China patents standoff at WTO
The European Union has obtained a mostly favourable ruling in one of its ongoing trade disputes with China over intellectual property, according to a decision published by the WTO on Monday...
Ex-Liverpool defender Joey Jones dies aged 70
Former Liverpool and Wales defender Joey Jones, a key member of two European Cup-winning teams, has died aged 70, the club said on Tuesday.
European powers behind nuclear deal collapse: Iran
Tehran on Monday blamed European powers for the failure of the 2015 nuclear deal, accusing them of breaking their commitments ahead of renewed talks in Istanbul with Britain, France and Germany...
ECB expected to hold rates as US tariff uncertainty lingers
The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy...
Microsoft looks to boost AI performance in European languages
US tech behemoth Microsoft is investing millions of dollars to funnel more European-language data into AI development, company president Brad Smith told AFP Monday...
EU provides 鈧�26m to strengthen Bangladesh鈥檚 education system
Ambassador of the European Union to Bangladesh Michael Miller has said education is one of the most powerful investments they can make for a 鈥榤ore just, inclusive and prosperous鈥� society...
Iran to hold fresh nuclear talks with E3, confirms state media
Iran confirmed fresh talks with European powers to be held on Friday in Istanbul, the country鈥檚 state media reported, the first since the United States attacked Iranian nuclear facilities a month ago...
Bangladesh鈥檚 apparel exports to the EU rise in January-May
The export of readymade garments from Bangladesh to the European Union experienced robust growth of 17.8 per cent to $8.97 billion in the first five months of this year, according to Eurostat, the statistical office of the EU...
Stocks consolidate after bumper week buoyed by US economy
US and European stock markets stalled or trimmed gains on Friday after a bullish week buoyed by US data and upbeat company earnings...
Tesla marks India entry with first showroom
Tesla unveiled its first showroom in India on Tuesday, marking its entry into the world鈥檚 most populous country, as Elon Musk鈥檚 electric vehicle company seeks new customers amid sagging sales in the United States and Europe...
Impact of US tariffs varies across European Union
European countries are not all equally exposed to the US market and so will not suffer the same consequences should president Donald Trump go ahead with his threats to impose 30-per cent tariffs on the European Union...