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
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
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 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
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
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
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
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
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Moody’s downgrades 7 French banks amid debt crisis and poilitical chaos
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Germany is unraveling just when Europe needs it most
“It is a very slow, very protracted decline. Not of a company, not of a city, but of the entire ...