European economy
- Europe
What is behind the huge drop in Mercedes’ share prices?
The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for…
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Bank of England keeps rates at 5%, propels pound to over 2-year highs
The Bank of England held rates at 5%, as largely expected. The pound surged against the dollar and euro, while…
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EU car industry calls for urgent action as EV new car sales tumble
The industry is calling for policymakers to help saying that, if nothing is done, the required transition will be costly…
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What is the economic Impact of floods across Europe?
Central Europe is experiencing its biggest floods in decades, which is expected to cost billions in economic losses. ADVERTISEMENT Economic…
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