IEA trims global oil demand outlook
The International Energy Agency (IEA) reported a softening outlook for global oil demand growth this year,…
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Europe
European shares soar to record highs on industrials
Europe’s benchmark index, the STOXX 600, reached a record high on Wednesday, rising by 0.4 per cent due to positive…
TSMC to begin construction of European chip factory in Q4 ’24
Chip maker, Taiwan Semiconductor Manufacturing Company (TSMC) plans to start construction of its European facility…
China’s BYD eyes 2nd Euro. EV plant by ’25
Chinese EV leader BYD is planning to expand further in Europe, with intentions to establish a second assembly plant…
Microsoft, Brookfield team up for renewable energy projects
Brookfield Asset Management of Canada, with support from Microsoft, is planning to establish new wind and solar…
Eurozone’s Q1 growth exceeds forecasts post-recession
The eurozone economy has demonstrated stronger than anticipated growth in the first quarter of 2024, according to…
EU funds body backs capital market union plan
The European Fund and Asset Management Association (EFAMA), representing Europe’s €28.5 trillion investment…
Electric car sales to surge in ’24 – IEA
The International Energy Agency (IEA) released on Tuesday it's Global Electric Vehicle Outlook anticipating a…
European banks face interest rate test in earnings reports
Investors are eagerly awaiting the first quarter earnings reports from major European banks, starting with…
Expired US license impacts Venezuela crude exports
The recent revocation of a crucial US license permitting Venezuela to export oil globally and attract investment is…