FinanceItaly’s Deficit Seen by EU as Bleaker Than Meloni ReckonsMay 15, 2024(Bloomberg) -- Italy now faces a widening deficit and a jump in debt next year, according to European Union forecasts...
InvestingAWS plans to invest $8.4 bn into its European Sovereign Cloud in GermanyMay 15, 20248New Delhi: Amazon Web Services (AWS) on Wednesday announced its plans to invest 7.8 billion euros ($8.4 billion ) in...
FinanceExclusive-French, Dutch seek EU sanctions on financial institutions helping Russia militaryMay 14, 202412By Jan StrupczewskiBRUSSELS (Reuters) - France and the Netherlands are seeking European Union sanctions on any financial institution in the...
InvestingEU states agree on faster tax refunds for cross-border investorsMay 14, 20244By Huw JonesLONDON (Reuters) - The European Union on Tuesday approved rule changes to speed up how tax is paid...
EconomyEU agrees on a new migration pact. Mainstream parties hope it will deprive the far right of votesMay 14, 20246BRUSSELS (AP) — European Union nations endorsed sweeping reforms to the bloc’s failed asylum system on Tuesday as campaigning for...
EconomyEurope and Saudi Arabia establish first European Chamber of Commerce in the GulfMay 11, 202415The establishment of the European Chamber of Commerce in Saudi Arabia (ECCKSA) will serve as the perfect catalyst for economic...
FundsThreats to Europe’s economy are mounting. Finance can help fortify itMay 11, 202415A sense of disquiet is sweeping over the old continent. Innovative, low-cost Chinese producers are taking on Europe’s venerable industries...
EconomyChina scouts Hungary to power EV battery production and sell to wider, warier EUMay 10, 202411Xinwanda Electronics, also of China, is investing about 1.9 billion yuan (US$262.9 million) in Hungary for an EV battery factory.Hungary...
CryptocurrencyStakeholder group backs EU regulator’s proposals on digital asset definitions, solicitation rulesMay 9, 20248The European Securities and Markets Authority (ESMA) received largely positive feedback from its Securities and Markets Stakeholder Group (SMSG) on two consultations relating...
FundsEU agrees to utilize revenue from frozen Russian assets to arm UkraineMay 9, 202420€191 billion ($205 billion) in Russian funds currently held in the Belgian clearinghouse Euroclear are at the center of this...