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Tags : europe


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German govt expects another recession in 2024: report

The German government has slashed its forecast and now expects Europe’s largest economy to shrink for a second year running as hopes for a consumption-driven recovery fizzle out, media reported Sunday...

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EBFCI keen to invest in pharma, agri sectors

Bangladeshi expatriate businesses living in Europe have expressed their keen interest to invest in the country’s pharmaceuticals, healthcare, agriculture, processed food, education, technology, services sector and human resources development...

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ACC sends 71 letters abroad, gets 27 replies

The Anti-Corruption Commission has so far sent 71 Mutual Legal Assistance Requests to different countries seeking cooperation for repatriating laundered money...

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World stocks rally

Asian and European stocks markets rallied Thursday, with a record high in Frankfurt, after the Federal Reserve announced a bumper interest-rate cut and pledged further reductions as inflation cools...

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Storm Boris toll rises to 19 in central Europe

The death toll has risen to 19 in the extreme weather and flooding let loose by storm Boris in central Europe, authorities said on Tuesday after a new victim was reported in Austria.

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German investor morale falls steeply in Sept

German investor confidence fell significantly more than expected in September, a survey showed Tuesday, as a hoped-for recovery in Europe’s largest economy seemed to recede from view...

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Storm lashes Europe

One person has drowned in Poland and an Austrian fireman has died responding to floods, authorities said Sunday, as Storm Boris lashed central and eastern Europe with...

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China, EU to hold talks on electric car tariffs September 19

China’s commerce minister Wang Wentao will head to Brussels for talks with the EU’s trade chief next week as Beijing makes a last-ditch effort to stop tariffs on Chinese electric cars, officials said Thursday...

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Iran supplied missiles to Russia: EU 

The European Union said on Monday its allies had shared intelligence Iran had supplied Russia with ballistic missiles, a claim that Tehran rejected but that the Kremlin did not explicitly deny.

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China manufacturing shrinks for 4th month

Chinese manufacturing contracted for a fourth consecutive month in August, official data showed Saturday, a worse-than-expected result reflecting the world’s second-largest economy’s struggle to recover...

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Bigger, better? Draw marks start of new era

A new era in European club football begins on Thursday when the draw takes place in Monaco for an expanded UEFA Champions League featuring a radically changed format...

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Global stocks diverge as traders eye Nvidia

US shares fell marginally and European stock markets mostly inched higher Wednesday as investors cautiously awaited the latest earnings results from US chip giant Nvidia, a bellwether for the tech sector...

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German business morale falls again in August

German business confidence fell further in August, a closely-watched survey showed Monday, as Europe’s biggest economy struggles to emerge from a weak period...

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Dutch hit Uber with huge fine over driver data

The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers...

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One year in, EU turning up heat in big tech fight

If 2024 already looks like an annus horribilis for big tech in the EU, the months ahead could prove a winter of discontent as the bloc wields a fortified new legal armoury to bring online titans to heel...

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TSMC breaks ground on first European plant

Taiwanese semiconductor giant TSMC broke ground Tuesday on its first European factory in the eastern German city of Dresden as the EU looks to shift key supply chains onto the continent...

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