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Business

Stellantis to invest €1.5 billion in Chinese EV manufacturer Leapmotor

Stellantis plans to invest about €1.5 billion in Leapmotor, a Chinese electric vehicle manufacturer, the companies said late on Wednesday.

Business

Have European banks cashed in on deforestation and slavery?

Environmental campaigners have dragged controversial investments into the spotlight, claiming that major European banks are linked to businesses that harm threatened species, engage in deforestation and other questionable environmental practices.

Tech News

Web Summit CEO resigns after Israel-Hamas comments cause backlash

Web Summit’s CEO Paddy Cosgrave has stepped down from his role following his comments on the Israel-Hamas war.

Focus

Podlaskie aims to become an investment and innovation hub

In partnership with Podlaskie Region

From wood and construction to the agri-food sector, the Polish region of Podlaskie has ambitious plans to become a hub for international investment and innovation.

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Economy

China announces billions in investments in developing countries

Large investments announced at the Belt and Road Forum have raised concerns that poorer countries’ debt to China could rise further.

Economy

China's economy grew by 4.9% but its outlook is still gloomy

The world's second-largest economy expanded by 4.9% year on year in the third quarter, beating analysts’ forecasts but showing signs of slowing down.

Economy

EU offers Single Market access in exchange for Balkan reforms

EU leaders have offered the Western Balkans access to the single market, contingent on swift reforms, marking a significant step towards integration while providing a huge economic incentive amidst the backdrop of Russia's Ukraine conflict.

Green News

Albania to power ‘hundreds of thousands’ of homes with solar energy

The initiatives are important steps for a region where many areas remain reliant on fossil fuels.

Markets

Record outflow as investors are pulling out of renewables

High-interest rates and inflation left the sector's share prices plummeting more than 30% in the past three months.

Indonesia

Euroviews. Indonesia is fast becoming a formidable presence on the global stage

Amidst a global landscape riddled with rivalries, Indonesia continues to lead by example, advocating for nations to collaborate on pressing global issues — serving as a geopolitical and economic bridge, Arsjad Rasjid writes.

Economy

What Europe needs to be powered exclusively by renewables by 2030

The European energy system could free itself from imports of gas and oil to the tune of €2 trillion, claims a new study.

Business

FTX co-founder testifies against Sam Bankman-Fried in fraud case

Bankman-Fried is standing trial for allegedly stealing billions of dollars from customers of the now-bankrupt cryptocurrency exchange platform FTX. The case has been called one of the biggest financial frauds in US history.

Economy

IMF: Private sector needs to shoulder most of the climate investment burden

Developing countries need $2 trillion in annual climate investments - IMF says the majority has to come from the private sector.

Portugal

Euroviews. Transforming knowledge into jobs: The Lisbon Unicorn Factory

Lisbon’s journey from a city of tradition and history into a modern innovation hub is a compelling case of urban transformation, Carlos Moedas and Carlo Ratti write.

Economy

Households lost a record €6.6 trillion across the world in 2022

2022 was a “turning point” for global wealth, says German financial company Allianz in its latest Global Wealth Report.

Markets

Billions at stake: Property giant Evergrande is facing new crisis

One of the world's biggest debt restructuring plans has been thrown into uncertainty raising fears of a major Chinese property crisis.

Tech News

Nvidia's dominance in AI chips detering investment in rival start-ups

Record sales of AI chips has seen Nvidia become of the big fish of the Big Tech world. For semiconductor start-ups, it means investors are going cold.

Economy

Euroviews. Are small nations welcome at the EU's industrial policy table?

It is not just about the money, it is about what each country — no matter its size — can bring to the table, Marius Stasiukaitis writes.

Green News

Should ‘super emitters’ be taxed for climate impact of their income?

The richest 10% of US households responsible for 40% of the country’s emissions, a new study reveals.

Travel News

Italy suspends ‘golden visa’ scheme for Russians and Belarusians

The European Commission recommended that EU nations suspend their investor visa programmes in March 2022.