Eurozone inflation falling, ECB rate cuts expected – ECB’s Centeno
Eurozone inflation is steadily decreasing towards 2 per cent, and the European Central Bank (ECB) will soon begin…
China pushes automakers for chip self-reliance by ’25
China pressures top automakers to source more chips domestically by 2025, aiming for a self-reliant supply chain…
Germany’s industrial sector grapples with competition, energy costs
Germany's robust industrial base is confronting existential challenges due to soaring energy costs, sluggish global…
Japan’s Toshiba to cut 4K jobs in restructuring efforts
Japan's Toshiba Corporation announced plans to cut up to 4,000 jobs domestically as part of an accelerated…
Egypt allocates EGP 7.7b to Dakahlia’s development
The Egyptian government allocated EGP 7.7 billion in public investments to Dakahlia Governorate for the 2023–2024…
India’s Mahindra doubles down on EVs with $1.44b investment
Indian automaker Mahindra & Mahindra (M&M) is investing $1.44 billion in its electric vehicle (EV) unit…
Crescent Energy nears SilverBow Resources acquisition
Crescent Energy, an oil and gas producer, is reportedly in the final stages of negotiations to acquire SilverBow…
New Dutch govt. prioritises energy independence
The prospective Dutch government, has outlined intentions to bolster offshore natural gas extraction and nuclear…
Japan’s economy shrinks 2.0% in Q1 ’24
Japan's economy contracted in the first quarter of 2024, posing a challenge for policymakers, especially the Bank…
Egypt set for green hydrogen boom by ’25
Egypt is poised to become a global leader in green hydrogen production, with ambitious plans to integrate renewable…
