World Sep 22 European Central Bank climate report calls for early action The analysis probes what would happen to banks, companies and the economy under different climate scenarios.
World Jul 08 EU fines German car makers $1 billion over emission collusion The European Union has fined major German car manufacturers $1 billion because they colluded to limit the development and rollout of car emission-control systems.
Economy Jun 01 OPEC to increase oil output as global economy recovers Saudi Arabia's energy minister, the de facto leader among member countries, said that there were still "clouds on the horizon" despite recovering demand and the economy rebound in many countries.
World Apr 30 Europe's economy shrinks in first quarter as U.S. rolls ahead Europe's economy shrank 0.6% in the first three months of the year as slow vaccine rollouts and extended lockdowns delayed a hoped-for recovery - and underlined how the region is lagging other major economies in rebounding from the coronavirus pandemic.
World Feb 15 Ngozi Okonjo-Iweala becomes first woman and African to lead World Trade Organization The appointment came after U.S. President Joe Biden endorsed her candidacy, which had been blocked by former President Donald Trump.
World Jan 12 Volkswagen triples electric car sales ahead of climate rules Electric cars have so far been a small but rapidly growing slice of the European market.
Health Dec 26 Germany, Hungary give 1st vaccine shots ahead of EU rollout Germany, Hungary and Slovakia began giving out their first coronavirus vaccine shots on Saturday only hours after receiving their first shipments, upsetting the European Union’s plans for a coordinated rollout Sunday across the bloc’s 27 nations.
Economy Nov 12 Economy needs help despite vaccine news, top central bankers say Three of the globe's top central bankers said the economy continues to need help despite progress toward a COVID-19 vaccine, with U.S. Federal Reserve Chair Jerome Powell saying that the U.S. Congress “may have to do more” to cushion the…
World Oct 01 Unemployment rises in Europe as pandemic grinds on Unemployment rose for a fifth straight month in Europe in August and is expected to grow further amid concern that extensive government support programs won't be able keep many businesses hit by coronavirus restrictions afloat forever.
Economy Sep 08 Falling consumer prices is a flashing warning light for Europe's economy Consumer prices have fallen in Europe. While that might be welcome for shoppers in the short term, it is a sign that businesses are struggling amid the pandemic.