English

Indrabati Lahiri

Business

Tesla and BMW sue EU as discontent over Chinese EV tariffs mounts

Both BMW and Tesla have been hit with tariffs by the EU on imports of electric vehicles made in China, along with other Chinese manufacturers such as BYD and SAIC.

Business

LVMH sells Stella McCartney minority stake as luxury sector struggles

LVMH has already sold the streetwear fashion brand Off-White recently, as well as its stake in Cruise Line Holdings amid dampened global demand for luxury goods and falling Chinese sales.

Business

Rolls-Royce subsidiary bags landmark UK nuclear submarine deal

Under the deal with the Ministry of Defence, the British engineering company will make nuclear submarine reactors for the Royal Navy.

Business

Tesla unveils new premium model Y in Europe, the US and Canada

Tesla has revealed a new premium model Y version, first launched in China, which comes with a range of improved features.

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Business

Italy’s oldest bank makes multi-billion takeover bid for Mediobanca

The deal could potentially help both Monte dei Paschi and Mediobanca maintain a robust capital position, as well as deliver profits.

Economy

Bank of Japan raises interest rates to highest level in 17 years

Stronger wages have contributed to the decision by Japan's central bank to raise rates to about 0.5%. The BOJ reiterated that it may in the future raise interest rates again, if required.

Business

Car giant Stellantis gears up for multi-billion dollar US investment

The global car maker Stellantis has announced that it would be heavily focusing on investing in its US operations in the coming future, in order to increase its sales volume and market share.

Economy

WEF issues warning over split threat posed to global financial system

Rising geopolitical tensions are increasing fragmentation of the global financial system and pose a risk to both global prosperity and human progress, according to a report from the World Economic Forum.

Business

TotalEnergies postpones multi-billion Mozambique LNG project

TotalEnergies has been dealing with ongoing delays and insurgencies regarding its Mozambique LNG project for several years now. The project is expected to start production in 2029.

Business

EasyJet's losses ease as airline sees gain in year-end passengers

The airline says it has succeeded in narrowing headline pre-tax losses through cost-cutting measures and a rise in demand for package holidays.

Business

Tech titans top the world's most valuable brands league in 2025

Tech companies continued to be some of the world’s most valuable brands this year, boosted by ongoing strong brand loyalty, as well as new innovations in artificial intelligence.

Economy

EU new car registrations inch up in 2024 as Spain boosts figures

While new car registrations remained strong in Spain, other major European markets, including France and Germany, saw marked declines.

Economy

How a potential global tariff war could hit Europe's supply chains

Rising tensions between key world players have led to increasing concerns of a global trade war, which would also hit Europe. Kevin O'Marah from community research platform Zero100 is speaking about the world's most pressing global trade issues at the WEF at Davos.

Economy

European car makers could see rocky 2025 amid changing regulations

Several challenges, such as changing emissions laws, as well as cost pressures could continue to erode car manufacturers' profit margins this year, according to the Society of Motor Manufacturers and Traders.

Business

Irish venture capital investments rise with upbeat outlook for 2025

Factors such as rebounding interest in new technologies, as well as the government announcing new schemes supporting the venture capital (VC) industry all contributed to higher VC numbers.

Economy

Eurozone inflation rises for third month as energy costs edge up

Rising services prices were behind the boost in the December inflation figure, although they were offset by a fall in food, alcohol and tobacco prices.

Economy

Europe’s car makers call for compromise with US to calm tariff fears

In an open letter to EU leaders, the European Automobile Manufacturers' Association (ACEA) has highlighted why Europe should strive to maintain good trade relations with both the US and China.

Economy

Poland keeps interest rate steady as inflation lingers above target

Poland’s central bank has revealed its reluctance to cut interest rates before the end of this year, as a number of economic factors risk pushing inflation up once more.

Business

Renault Group sales zoom ahead after 2024 European performance boost

A number of new model launches, including hybrid and all-electric vehicles, helped Renault Group deliver a rise in sales in Europe last year.

Economy

German inflation shows continued rise, still ahead of ECB's target

The increase was mainly led by rising services and food prices, leaving the inflation rate to remain above the European Central Bank's target of 2%.

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