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Tech News

The Slovenian innovator transforming microchip manufacturing

In partnership with European Patent Office

Slovenian researcher Teja Potočnik has developed a platform to integrate nanomaterials into microchip manufacturing, cutting energy use and tackling the rising environmental footprint of data centres.

Economy

Eurozone manufacturing shows signs of recovery: Is the slump over?

While the Eurozone and Spanish manufacturing purchasing managers’ index (PMI) increased in May, the German manufacturing sector continued to lag for the 35th consecutive month.

Economy

Investing in Europe is at a nine-year low: Is a rebound coming?

Foreign direct investment (FDI) in Europe dropped to its lowest level in nine years in 2024, with France, Germany and the UK experiencing double-digit declines.

Europe News

Four former VW executives found guilty of fraud in 'Dieselgate' case

The German carmaker was accused in 2015 of rigging engine control software to let diesel-powered cars pass emissions tests.

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Business

Mercedes moving production of its GLC SUV from Germany to the US

Due to the US President’s tariff policy, carmakers across the globe are considering boosting their local US-based production.

Economy

Eurozone recovery stalls as services weaken despite manufacturing rise

Eurozone growth barely advanced in April as services stagnated despite a manufacturing rebound. Cooling inflation boosts hopes for an ECB rate cut, but weak demand and falling confidence cloud the outlook.

Economy

China’s manufacturing drops to a 16-month low as Trump’s tariffs bite

China’s factory activity in April fell to its lowest level since December 2023 as US tariffs weighed on business sentiment. Analysts noted that importers have now adopted a “wait-and-see” approach after Chinese manufacturers rushed to complete orders in March.

Markets

Markets this week: Tesla, Microsoft and Alphabet earnings in focus

Investors will closely watch the trajectory of global business activity in the manufacturing and services sectors this week. Meanwhile, major US tech companies—including Tesla, Microsoft, and Alphabet—are set to report first-quarter earnings, driving the market movements.

Economy

BOJ survey says big manufacturers are gloomier as Trump tariffs loom

Japan is home to major auto and electronics firms, whose exports to the US are a major driver for the Japanese economy.

Economy

Eurozone business activity rises as Germany’s manufacturing rebounds

Eurozone business activity expanded for a third straight month in March, driven by a rebound in German manufacturing and easing inflation pressures, offering early signs of a more sustained recovery.

Economy

The UK economy unexpectedly contracts in January in setback for state

The British economy shrank in the first month of 2025 compared with December, driven by a decline in production.

Markets

Rolls-Royce shares soar as jet maker announces buyback, fresh dividend

Performance had significantly improved in all core divisions, the British jet engine firm revealed in its annual financial report.

Business

Luxury carmaker Aston Martin to cut 170 jobs after another annual loss

Job losses are expected to save Aston Martin £25 million as it struggles with supply chain disruptions, inefficiencies, and weak Chinese demand.

Economy

Manufacturing sector in France sees lowest fall since May 2024

Although France’s manufacturing sector suffered in February, the UK’s services sector saw growth this month, with Germany’s manufacturing PMI hitting its highest reading in 24 months as well.

Business

Thyssenkrupp announces lower sales as shake-up plans proceed

Earnings increased despite weaker sales, thanks to the German firm’s efficiency drive. Meanwhile, Thyssenkrupp’s military-related units expect a boost from greater defence spending.

Economy

Eurozone firms see activity lift but barriers to growth persist

Business activity in the eurozone is now expanding for the first time since August 2024, although the upturn remains modest.

Ecotech

What does China’s EV dominance mean for Europe and the environment?

China’s EV boom offers climate hope, but market dominance risks new environmental challenges.

Business

Can Germany's improving financial sentiment beat business pessimism?

Financial experts are more optimistic about Germany’s economy as the ZEW index rebounded more than expected in December, its highest in four months, driven by ECB rate cut prospects and snap elections. Yet, the ifo survey shows businesses remain far more pessimistic about 2025.

Economy

Germany's business climate at near 4-year low as 2025 outlook darkens

A pessimistic outlook towards 2025 is gripping key sectors, with structural challenges and weak investment driving prolonged stagnation concerns for Europe's largest economy.

Business

Plant closures and job cuts: Volkswagen resumes talks with unions

Management and unions at Volkswagen have yet to find common ground in talks concerning the German car maker's proposal on possible job cuts and plant closures. Workers took strike action on Monday.