european economy

World’s largest offshore wind farm maker Orsted takes fresh $1.7 billion write-down in the U.S. as its Trump nightmare begins

World’s largest offshore wind farm maker Orsted takes fresh $1.7 billion write-down in the U.S. as its Trump nightmare begins

Micheal

Orsted’s latest impairment came on the same day Trump banned new offshore wind licenses. Read More

The Czech Republic, and its quiet automotive giant Skoda, are bucking an economic downturn unfolding in its crucial ally Germany

The Czech Republic, and its quiet automotive giant Skoda, are bucking an economic downturn unfolding in its crucial ally Germany

Micheal

Volkswagen-owned Skoda is defying a broader downturn for the German carmaker. Read More

Volkswagen CFO delivers broadside to unproductive workers as China emerges as a potential buyer of factories

Volkswagen CFO delivers broadside to unproductive workers as China emerges as a potential buyer of factories

Micheal

Volkswagen CFO Arno Antlitz said the carmaker wouldn’t invest in unproductive factories, paving way for new battle with workers. Read ...

German corporate distress racing towards pandemic-level highs this year

German corporate distress racing towards pandemic-level highs this year

Micheal

Rising uncertainty about the war in Ukraine and Trump’s tariffs is adding to German firms’ struggles. Read More

Elon Musk accused of trying to weaken Europe with support for far-right AfD party

Elon Musk accused of trying to weaken Europe with support for far-right AfD party

Micheal

Germany’s vice chancellor said Musk’s comments calling the far-right AfD a “last spark of hope” weren’t made out of ignorance. ...

Exclusive: Ireland’s housing crisis is making a third of residents consider moving to a more affordable country

Exclusive: Ireland’s housing crisis is making a third of residents consider moving to a more affordable country

Micheal

A RE/MAX survey finds Irish people among the most likely to consider moving abroad as an affordability crisis strikes across ...

Accenture boss Julie Sweet met 30 global CEOs in the last 2 months, and nearly all of them are scrambling to roll out more AI

Accenture boss Julie Sweet met 30 global CEOs in the last 2 months, and nearly all of them are scrambling to roll out more AI

Micheal

Sweet said she’s had a “busy travel quarter” as Accenture posted $17.7 billion in revenue. Read More

U.K. millennials will probably never see same income boom as elders, study shows

U.K. millennials will probably never see same income boom as elders, study shows

Micheal

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use ...

Moody's downgrades 7 French banks amid debt crisis and poilitical chaos

Moody’s downgrades 7 French banks amid debt crisis and poilitical chaos

Micheal

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use ...

Germany is unraveling just when Europe needs it most

Germany is unraveling just when Europe needs it most

Micheal

“It is a very slow, very protracted decline. Not of a company, not of a city, but of the entire ...

12 Next