Airbus scores major contract with Dubai low-cost carrier for 150 jets
European aircraft producer Airbus has announced the signing of a major contract with Flydubai, a low-cost airline headquartered in the United Arab Emirates (UAE).
Economy
Latest reporting and analysis on economy.
The British establishment says Brexit is failing but they only offer zombie statistics
“Be wary or there’ll be woe Know your friend from your foe.”
Austrian Government to outlaw ‘shrinkflation’ but inflation stays high
The Austrian government said it will introduce measures to curb so-called "shrinkflation".
Democracy slowing down Europe’s rare earth Cold War fight
Europe is losing the rare earths “Cold War” and one of the problems is democracy, an industry conference heard today.
Greenpeace says French uranium being sent to Russia
The Greenpeace environment group said Sunday that France was sending reprocessed uranium to Russia for treatment so it can be reused, despite the Kremlin's war in…
‘EU falling further behind China in electrifying factories’, says EC energy chief
Factories in Europe remain largely powered by gas, while China is rapidly switching to electricity.
China clamps down on exports of non-restricted materials, analysts warn
China is tightening its grip on materials Europe needs for sensitive technologies such as defence, despite those materials not being officially restricted.
Controversial EU-backed lithium mine in Serbia put on hold
Mining giant Rio Tinto has quietly placed its €2.95 billion Jadar lithium project in western Serbia on indefinite “care and maintenance".
French budget boosted by early debt repayment by Greeks
French budgetary woes have received some unexpected relief from an unlikely benefactor: Greece, once seen as the black sheep of the eurozone.
Von der Leyen’s (Anti-)Democracy Shield is an attempt at silencing dissent
It’s the European Commission’s latest dystopian invention—the so-called European Democracy Shield.
With the bridge, Salvini seeks to revive Italy’s Lega party
When Italy’s prosecutors temporarily blocked construction of the bridge connecting Sicily with the mainland on October 29, the decision immediately shook the government.
Energy-hungry European industries ‘dying’, top bank chief warns
Energy-hungry industries Europe are effectively "dying" as rising energy prices, the flood of cheap goods from China and the side effects of climate policies make…
Hungary to sue EU over ban on Russian gas imports
Hungarian Prime Minister Viktor Orban said today that his government would take the European Union to court over its decision last month to phase out Russian gas…
X fined 5 million euros in Spain over cryptocurrency ads
Spain's securities regulator said today it has fined social media platform X five million euros for failing to comply with rules governing the advertising of financial…
Italy, France and Belgium carry most worrying debts in EU, top bank says
Italy, France and Belgium have the most concerning debt-sustainability outlooks in the EU, according to the latest study published by the National Bank of Belgium.
Farmers not convinced EC simplification rules will simplify
Farmers in the European Union are not convinced by simplification of the rules promised to their sector by the European Parliament, Council of the EU and MEPs.
Austria appeals to EU’s top court to drop ‘sustainable’ label for nuclear energy
Austria will ask the Court of Justice of the European Union (CJEU), the EU’s highest court, for help in its fight against the official classification of nuclear…
Ukraine anti-graft agency raids energy sector as standoff escalates
Ukraine's anti-corruption agency said today it was conducting large-scale raids targeting the country's energy sector -- an operation that comes after months of…
Ryanair CEO calls Austrian Chancellor ‘lazy’ in aviation tax row
Michael O’Leary, CEO of Irish low-cost airline Ryanair, has lashed out at the Austrian government.
MEPS and industry divided on ‘centralised’ tax on multinationals
Members of the European Parliament and representatives of industry are still divided on a European Union law proposal aimed at making major international companies…
EC sends experts to reassure Belgium over use of frozen Russian assets
Belgium, home to Euroclear — an international central securities depository that holds most of the frozen Russian assets — is demanding firm guarantees before…
German exports to US rebound after tariff-driven declines
German exports to the United States rebounded in September after months of decline following the introduction of US tariffs, helping drive a bigger-than-expected…
Hungarian PM Orbán in Washington for high-stakes meeting with Trump
Hungarian Prime Minister Viktor Orbán has landed in the US for his latest meeting with President Donald Trump.
EU ‘can’t become a Chinese assembly line’
The European Union must close its doors to countries, especially China, that take advantage of the bloc's lack of domestic industrial protection, says a senior EU…
No effect as yet from Russian LNG transhipment ban
European Union ban on re-exporting Russian liquefied natural gas (LNG) via ships operating outside the bloc has so far failed to reduce overall imports of the fuel.
Berlin to plant €3bn-worth of trees using national infrastructure funds
The city government of Berlin has announced plans to plant more than 500,000 new trees throughout the German capital by 2040.
‘Follow our laws, not European elites’: US attorneys urge Big Tech to defy EU sustainability rules
A coalition of 16 US State Attorneys General has warned some of the country’s biggest companies, including Microsoft, Google and Meta, not to comply with the European…
Too big to fail? Saving Ukraine would cost Europe almost $400 billion
In the history of ideas around war and strategic confrontation, there are strokes of genius, grave mistakes, and everything in between.
Human welfare or lower emissions? Pick one
The recent deviation of Bill Gates from strict green orthodoxy must have come as a shock to Europe's eco-elites.
NGOs want aviation, shipping and industrial fishing companies to lose multi-million euro tax breaks
Environmental organisations are urging European governments not to sign off on a law that, they say, would let some of the most polluting industries keep their tax…