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Greece In Talks With Israel To Build 2 Billion Euro Defence 'Iron Dome'
Greece is in talks with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defence dome, part of a wider push to modernise its armed forces as it recovers from a protracted debt crisis, Greek officials said on Thursday.
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Strikes-Hit UK Pledges 94 Billion Euros In Cost-Of-Living Budget
Britain on Wednesday said its cost-of-living support for this year and next would total 94 billion Euros ($114 billion), as it forecast the UK to stay out of recession with inflation slowing sharply.
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Even The Dead Getting 500 Euros "Climate Bonus" In Austria
In Austria, even the dead are getting help from the state to confront surging prices as Europe confronts an energy crisis following Russia's invasion of Ukraine.
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European Commission Proposes 5 Billion Euros In Financial Aid To Ukraine
The European Commission on Wednesday proposed five billion euros in financial aid to Ukraine, in the latest installment of a promised nine-billion-euro rescue package agreed by EU leaders in May.
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How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
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Euro Falls To New Two-Decade Lows As Energy Crisis, Recession Risk Bites
The euro fell to a fresh two-decade low on Tuesday, dealt a fresh blow by renewed concern that an energy shock will keep inflation elevated and makes a recession in Europe all but certain.
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Euro Slumps To Two-Decade Low, Oil Tumbles As Recession Fears Intensify
Euro zone recession fears were exacerbated by concerns about an energy crisis in Europe and by Tuesday's data, which showed a sharp slowdown in business growth in June, following Monday's news of a seasonally adjusted May trade deficit in Germany versus expectations for a surplus.
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Italy Woos Intel Over Multibillion-Euro Chip Plant: Report
Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company, three sources said.
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Ducati Reports Record Revenues & Profit In 2021
Despite supply crisis and challenges brought upon by the pandemic, Ducati has reported the brand's best-ever sales and revenue in 2021.
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Auto Parts Giant Continental Cuts Outlook As Supply Bottleneck Tightens
Continental's sales in the third quarter were down year-on-year by 8.5 percent to 8 billion euros as the supply crisis worsened, according to preliminary figures published alongside the outlook revision.
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Daimler Quarterly Profits Up Despite Chip Crisis
The Mercedes-Benz maker said in a statement its net profit surged 19 percent year-on-year to 2.57 billion euros ($3.0 billion) while earnings before interest and taxes rose four percent to 3.61 billion euros.
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Italy Woos Intel Over Multibillion-Euro Chip Plant: Report
Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company, three sources said.
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European Union Announces 1-Billion Euro Aid Package For Afghanistan
G20 leaders gathered Tuesday for a virtual summit focused on addressing the looming humanitarian crisis in Afghanistan, with the EU kicking off proceedings by announcing a one-billion-euro ($1.2-billion-euro) aid package.
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EURO 2020 Final Fuels Outbreak Fears As Nations Fight Coronavirus Surges
The British authorities warned against the large gatherings ahead of the EURO 2020 final at the Wembley Stadium on Monday at 12:30 AM IST.
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Italy Approves Guarantees For $7.1 Billion Loan To Fiat Chrysler
Italy has approved a decree offering state guarantees for a 6.3-billion euro ($7.1 billion) loan to Fiat Chrysler's (FCA) Italian unit, the Treasury said on Wednesday, paving the way for the largest crisis loan to a European carmaker.
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Greece In Talks With Israel To Build 2 Billion Euro Defence 'Iron Dome'
Greece is in talks with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defence dome, part of a wider push to modernise its armed forces as it recovers from a protracted debt crisis, Greek officials said on Thursday.
-
Strikes-Hit UK Pledges 94 Billion Euros In Cost-Of-Living Budget
Britain on Wednesday said its cost-of-living support for this year and next would total 94 billion Euros ($114 billion), as it forecast the UK to stay out of recession with inflation slowing sharply.
-
Even The Dead Getting 500 Euros "Climate Bonus" In Austria
In Austria, even the dead are getting help from the state to confront surging prices as Europe confronts an energy crisis following Russia's invasion of Ukraine.
-
European Commission Proposes 5 Billion Euros In Financial Aid To Ukraine
The European Commission on Wednesday proposed five billion euros in financial aid to Ukraine, in the latest installment of a promised nine-billion-euro rescue package agreed by EU leaders in May.
-
How The Russia-Ukraine War Spooked Global Financial Markets: 10 Points
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation", the war has thrown global financial markets into severe turmoil as the charts below show.
-
Euro Falls To New Two-Decade Lows As Energy Crisis, Recession Risk Bites
The euro fell to a fresh two-decade low on Tuesday, dealt a fresh blow by renewed concern that an energy shock will keep inflation elevated and makes a recession in Europe all but certain.
-
Euro Slumps To Two-Decade Low, Oil Tumbles As Recession Fears Intensify
Euro zone recession fears were exacerbated by concerns about an energy crisis in Europe and by Tuesday's data, which showed a sharp slowdown in business growth in June, following Monday's news of a seasonally adjusted May trade deficit in Germany versus expectations for a surplus.
-
Italy Woos Intel Over Multibillion-Euro Chip Plant: Report
Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company, three sources said.
-
Ducati Reports Record Revenues & Profit In 2021
Despite supply crisis and challenges brought upon by the pandemic, Ducati has reported the brand's best-ever sales and revenue in 2021.
-
Auto Parts Giant Continental Cuts Outlook As Supply Bottleneck Tightens
Continental's sales in the third quarter were down year-on-year by 8.5 percent to 8 billion euros as the supply crisis worsened, according to preliminary figures published alongside the outlook revision.
-
Daimler Quarterly Profits Up Despite Chip Crisis
The Mercedes-Benz maker said in a statement its net profit surged 19 percent year-on-year to 2.57 billion euros ($3.0 billion) while earnings before interest and taxes rose four percent to 3.61 billion euros.
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Italy Woos Intel Over Multibillion-Euro Chip Plant: Report
Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company, three sources said.
-
European Union Announces 1-Billion Euro Aid Package For Afghanistan
G20 leaders gathered Tuesday for a virtual summit focused on addressing the looming humanitarian crisis in Afghanistan, with the EU kicking off proceedings by announcing a one-billion-euro ($1.2-billion-euro) aid package.
-
EURO 2020 Final Fuels Outbreak Fears As Nations Fight Coronavirus Surges
The British authorities warned against the large gatherings ahead of the EURO 2020 final at the Wembley Stadium on Monday at 12:30 AM IST.
-
Italy Approves Guarantees For $7.1 Billion Loan To Fiat Chrysler
Italy has approved a decree offering state guarantees for a 6.3-billion euro ($7.1 billion) loan to Fiat Chrysler's (FCA) Italian unit, the Treasury said on Wednesday, paving the way for the largest crisis loan to a European carmaker.
