Germany’s largest steelmaker is proposing to cut 5,000 jobs from the workforce and outsource another 6,000 as it seeks to cut staff costs by around 10%....
European mega-caps trail US ‘Magnificent Seven’ amid lack of artificial intelligence gains, while also facing China’s slowdown and rising geopolitical risks amid tariff uncertainties. ADVERTISEMENT European...
While ostensibly debating the challenge facing Europe’s car industry from more technologically advanced and cheaper Chinese competitors, MEPs spent several hours squabbling over the Green Deal...
China is imposing more restrictions for Europe with its anti-dumping measures for imports of European brandy. This is particularly hard hitting for brands such as Hennessy...
European markets opened higher, buoyed by the People’s Bank of China’s (PBOC) recent suite of easing measures. Mining stocks are expected to gain from the strong...
China reported weaker-than-expected consumer price growth for August, signalling continued sluggish domestic consumer demand. This could place further pressure on key sectors in European stock markets,...
Europe is currently struggling with high inflation and trade friction with China. This has affected Europe’s job market, with layoff announcements across industries. Since the start...