BP, Japan’s Jera to merge offshore wind operations by ’30
BP Plc and Japan’s Jera Co. announced plans to merge their offshore wind operations into a joint venture named JERA…
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Europe
Germany’s Scholz urges VW to avoid factory closures
German Chancellor Olaf Scholz urged Volkswagen AG to reconsider plans to shut down factories, stressing the…
ECB rate cut ‘conceivable’ this month – Holzmann
European Central Bank (ECB) policymaker Robert Holzmann stated that a 25 basis point interest rate cut is…
Europe’s largest pension fund expands mortgage portfolio
Stichting Pensioenfonds ABP, Europe’s largest pension fund, announced on Monday that it had acquired a €2.7 billion…
US-EU trade war “Lose-Lose” situation – ECB’s De Guindos
A trade war sparked by retaliatory tariffs between the US and Europe would harm the global economy, European…
ECB poised for further rate cuts, policymakers forecast
The European Central Bank (ECB) is expected to cut interest rates again in December, with policymakers aiming to…
EIB allocates €430m loan to boost Europe’s green transition
The European Investment Bank (EIB) is providing a €430 million loan to SKF, a Sweden-based global leader in…
Taiwan’s president calls for EU economic partnership
Taiwan President Lai Ching-te urged the European Union (EU) to sign an economic partnership agreement to enhance…
European gas storage levels remain high
Gas withdrawal from European underground storage facilities has decreased slightly, but still surpasses the…
EU invests €133m in Dutch photonic chip facilities
The European Union (EU) will invest €133 million ($142 million) in the Netherlands to develop pilot production…
