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Costa: EU Needs New Own Resources to Avoid Major Spending Cuts

EU member states are likely to support new EU-level taxes needed to finance the bloc’s next seven-year budget if they generate revenues from areas...

Six Countries Want the EU to Address Windfall Taxes on Oil...

Six European Union countries want all 27 member states to discuss the possibility of taxing extraordinary profits made by oil companies. Germany, Spain, Portugal,...

Future of European moguls of Machinery, Energy and Automation

There are few European companies that can compete with their US counterparts while also withstanding the rise of Chinese industry. Analysts at APME FX...

European Stocks Weaken Mainly Due to Technology Shares, Losses in Asia...

Stocks in Europe and across global markets are weakening as investors sell mainly technology shares. Sentiment has been hit by expectations of an early...

European Stocks Erase Losses After Attack on Iran, STOXX 600 Hits...

European stocks closed at their highest level since the end of February today. They erased the losses recorded since the start of the war...

EU and Australia Strike Landmark Trade Deal: Tariffs Slashed, Cooperation Deepens

The European Union and Australia have signed a major trade agreement after years of negotiations, set to eliminate most tariffs on European goods. The...

Ford and Renault to Jointly Produce Affordable Electric Cars for Europe

American automaker Ford Motor and French carmaker Renault have formed a partnership. Together, they will produce two affordable electric vehicles for European customers to...

The number of new car registrations in the EU rose by...

Sales of new passenger cars in the European Union increased by 1.4 percent from the start of the year to October compared to the...

Aircraft Industries Increased Revenue and Returned to Profit

The aircraft manufacturer Aircraft Industries boosted its revenue last year and returned to profit.The aircraft manufacturer Aircraft Industries from Kunovice in the Uherské Hradiště...

Porsche leaves the main German stock index DAX

German luxury sports car manufacturer Porsche will leave the main German stock index DAX after less than three years. According to the DPA agency,...

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