germany

Exclusive: Airbus roiled by poor start to 2023 as industrial pressure grows

The boss of European planemaker AirbusĀ has read the riot act to executives about disappointing deliveries in January and warned them…

3 years ago

Exclusive: South Korea aims to join AI race as startup Rebellions launches new chip

South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul…

3 years ago

Dollar hits four-week peak on resilient U.S. jobs market

The dollar held near an almost one-month high on Friday, after U.S. economic data highlighted a still-tight labour market that…

3 years ago

Analysis: The hardest part is yet to come for gas-hoarding Europe

Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are…

3 years ago

Turnover surges as funds rush to exit private equity stakes

Private equity holdings are being sold at a record clip in an opaque secondary market, investors say, as asset managers…

3 years ago

Germany’s half-a-trillion dollar energy bazooka may not be enough

Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war…

3 years ago

Chinese carmakers target more European sales with five-star EVs

Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more…

3 years ago

Analysis: Russian gas supply gap casts chill in Europe as winter nears

Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as…

3 years ago

Oil prices climb on concerns over tight supplies

Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand…

3 years ago

Oil prices rise as supply uncertainty mounts

Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments…

3 years ago