Economy
Von der Leyen proposes biannual assessment of EU nations’ defense spending.
European Commission President Ursula von der Leyen has unveiled a new initiative to conduct biannual reviews of defense investments by EU member states....
EU to Maximize €150bn Arms Loan Initiative as 19 Member Nations Seek Financial Support
The European Union's €150 billion loans-for-arms programme, known as the Security Action for Europe (SAFE), will be fully utilized following requests from 19...
European Hedge Funds Attract Investors as They Shift Away from the US, Reports BNP Paribas
Investors are increasingly leaning towards European hedge funds, as highlighted in a recent BNP Paribas survey that revealed 37% of investors allocated capital...
Europe’s Gas Markets Avoid Frenzied LNG Summer Storage Challenge
European gas markets are experiencing a notable easing in pressure to refill storage facilities ahead of winter, contrasting sharply with past years' frantic...
Trump Officials Aim to Derail Another Offshore Wind Initiative
The Trump administration has escalated its opposition to offshore wind energy by moving to revoke permits for the US Wind project off Maryland’s...
French equities and bonds decline as government faces possible collapse
France's financial markets faced considerable upheaval due to escalating political instability. The CAC 40 index, a benchmark for the nation’s major corporations, dropped...
Immigration Strengthened Europe’s Economy Post-Pandemic, Says ECB’s Lagarde
European Central Bank President Christine Lagarde underscored the vital contribution of foreign-born workers to Europe’s economic recovery following the pandemic. She noted that...
Nexstar Media Group agrees to acquire Tegna for $6.2 billion, expanding its local TV network to over 200 stations
Nexstar Media Group has announced a definitive agreement to acquire Tegna Inc. in an all-cash transaction valued at $6.2 billion. This strategic move...
UK Cancels Additional Border Checks on Animal Imports Ahead of EU Deal
The United Kingdom has announced the suspension of planned additional border checks on live animal imports from the European Union, aiming to facilitate...
UK economy grows by 0.3% in Q2, exceeding expectations
The UK's economy expanded by 0.3% in the second quarter of 2025, surpassing the 0.1% growth anticipated by economists and the Bank of...
