Economic

Financial Analysis

CVC Capital reported to be seeking Italian pharma firm sale

CVC Capital reported to be seeking Italian pharma firm sale

Luxembourg-based private equity group CVC Capital Partners is reported to be looking for a buyer for...

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Alitalia to lay off more than 2,000 remaining employees as liquidation nears

Alitalia to lay off more than 2,000 remaining employees as liquidation nears

Italy's former national carrier Alitalia has started procedures for the collective dismissal of its ...

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Deutsche Bank to axe more than 100 bankers in drive to cut costs

Deutsche Bank to axe more than 100 bankers in drive to cut costs

Deutsche Bank's latest cost-cutting effort has led the German bank to cut 111 senior managers in its...

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Musk's backing of Trump sees Tesla's value rise above the trillion dollar mark

Musk's backing of Trump sees Tesla's value rise above the trillion dollar mark

Tesla's shares surged by 8.2% last Friday, pushing its market capitalisation above $1tn (€0.93tn) fo...

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EU Commission warns Temu to fix consumer protection violations

EU Commission warns Temu to fix consumer protection violations

The European Commission has warned Chinese retail giant Temu to fix deceptive commercial practices o...

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Rolls-Royce pulls the plug on electric flying taxi project

Rolls-Royce pulls the plug on electric flying taxi project

The news was announced in a trading update on Thursday, with a comment saying: "In September, we mad...

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Should the EU issue joint debt to boost competitiveness? 'Everything is on the table,' says Michel

Should the EU issue joint debt to boost competitiveness? 'Everything is on the table,' says Michel

"Everything is on the table", including issuing fresh common debt, to boost the European Union's slu...

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European countries are spending more on defence, a think tank says

European countries are spending more on defence, a think tank says

That’s the conclusion of a report released by the International Institute for Strategic Studies as i...

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Elon Musk joining Trump's team would not impact EU Commission's X probes

Elon Musk joining Trump's team would not impact EU Commission's X probes

If Elon Musk takes up a role in the incoming administration of US President-elect Donald Trump, he c...

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