Rising costs squeeze German businesses hard
Since 2015, China has been Germany's most significant trading partner, and in 2022, trade between the two reached a record high...
Tag : European Union
IF Insights: Amid plummeting sales, European Union’s EV dreams get ‘Italian Reality Check’
New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged by double-digit losses in major markets Germany, France and Italy...
EU-China trade war: Tough days ahead?
Officials have indicated that in some cases, a Volkswagen car made in China but sold in Europe could be more expensive than a BYD vehicle...
Is Europe becoming uncompetitive?
According to a McKinsey Global Institute report, Europe-based big businesses invested 60% less in 2022 than their American counterparts and expanded at a rate of two-thirds slower...
UAE hopes to reactivate trade talks with European Union in 2024
There is still no progress in the negotiations between the European Union and the Gulf Cooperation Council, an Arab bloc comprising Saudi Arabia and the UAE...
EU new car sales rise 4.3% in June 2024, says auto industry body
Leading European automakers are placing their bets on an increase in car sales in 2024...
IF Insights: EU talks tough at China on trade front, but at what cost?
China has already built a solid domestic manufacturing ecosystem for its EV industry, and companies are simply reaping the benefits of it...
Start-up of the Week: Unleash Future Boats sets sail
'Unleash Future Boats' defines autonomous products as the gateway to a new world, where intermodal transport will be part and parcel of our socio-economic set-up...
EU launches mission to protect Red Sea shipping
According to an official from the European Union, the mission, known as 'Aspides', which is 'Greek for shield,' is expected to begin operations with at least four vessels in a 'few weeks'...
IF Insights: EU’s path-breaking crypto regulation may pressurize others to follow suit
Stablecoins seek to maintain a fixed exchange rate with a more reliable asset, such as the US dollar, a fiat currency, or another stable cryptocurrency...