Breaking

ASM International appoints Chris Figee as incoming chief financial officer

ASM International has announced plans to appoint Chris Figee as its next Chief Financial Officer, strengthening the executive leadership of one of Europe's leading semiconductor equipment manufacturers. The Dutch technology company confirmed that Figee, currently Chief Financial Officer and a member of the Board of Management at telecommunications......

Uber scales back European food delivery expansion amid Delivery Hero takeover pursuit

Uber has reportedly suspended most of its planned expansion of Uber Eats across Europe as the company focuses on its proposed acquisition of Delivery Hero, according to a report by the Financial Times. The move marks a significant shift in Uber's European growth strategy just months after it unveiled plans to broaden its food delivery......

Pope Leo XIV calls on Europe to strengthen long-term response to migration during Lampedusa visit

Pope Leo XIV has called on European nations to adopt a broader and more sustainable approach to migration during a visit to the Italian island of Lampedusa, a key arrival point for migrants crossing the Mediterranean. The pontiff urged European leaders to move beyond emergency responses by combining immediate humanitarian assistance with......

Airbus CEO questions outlook for European defence cooperation after FCAS collapse

Airbus Chief Executive Guillaume Faury has expressed doubts about the future of defence cooperation in Europe, warning that increased military spending alone may not be enough to strengthen cross-border industrial partnerships. Speaking at an economic forum in Aix-en-Provence, Faury said he was "not necessarily optimistic" about......

European stocks face valuation challenge despite improving economic outlook, BofA warns

European equity markets may continue to benefit from an improving macroeconomic backdrop, but stronger economic growth alone is unlikely to generate another significant rally, according to analysts at Bank of America (BofA), who argue that current market valuations already reflect much of the positive news. The cautious assessment comes as......

Eurozone services sector shows signs of recovery as inflation pressures ease

The eurozone's services sector remained in contraction in June, but the pace of decline slowed significantly as inflationary pressures eased at a record rate, helping stabilize business activity across the currency bloc. According to the latest S&P Global Purchasing Managers' Index (PMI) survey, the final eurozone Services PMI......

EU boosts support for Armenia with €18 million package amid rising Russian economic pressure

The European Union has announced a new €18 million support package for Armenia, alongside measures aimed at easing access for Armenian exports to European markets, as tensions rise over growing economic pressure from Russia. The announcement was made during a high-level visit to the Armenian capital, where European leaders signaled stronger......

ECB defends bank capital rules, says strong buffers do not limit lending

The European Central Bank (ECB) has reaffirmed its commitment to maintaining current bank capital requirements, rejecting growing calls from the banking industry for regulatory easing. The institution argues that robust capital buffers remain essential to safeguarding financial stability and have not hindered banks' ability to finance......

EU’s top court upholds €4.1 billion Antitrust fine against Google over Android practices

Europe’s highest court has upheld a €4.1 billion ($4.8 billion) antitrust penalty against Google, rejecting the technology giant’s final appeal in one of the European Union’s most significant competition cases. The ruling confirms that Google abused its dominant position in the Android mobile operating system market......

Volvo Cars reports 5.6% drop in second-quarter sales as electric vehicle demand continues to grow

Volvo Cars reported a decline in global vehicle sales during the second quarter of 2026, reflecting challenging market conditions despite continued growth in demand for its electrified models. The Swedish automaker sold 171,501 vehicles between April and June, a 5.6% decrease compared with the same period last year, according to figures released......

ECB inflation concerns persist despite falling oil prices, policymakers warn

European Central Bank (ECB) policymakers have cautioned that inflationary pressures in the eurozone are likely to persist despite a recent decline in global oil prices, underscoring ongoing uncertainty about the trajectory of monetary policy in the region. Speaking at the ECB Forum in Sintra, Portugal on Tuesday, officials acknowledged the......

Standard chartered appoints new Europe and UK CEO in strategic push to expand regional growth

Standard Chartered has appointed Margaret Harwood-Jones as Chief Executive Officer for Europe and the United Kingdom, introducing a newly created leadership role aimed at accelerating the bank’s expansion across two of its key strategic markets. The announcement, made on Tuesday, reflects the lender’s renewed focus on strengthening......

Global Wealth surges in 2025 as nearly one million new millionaires emerge, UBS reports

Global personal wealth recorded its strongest annual expansion in several years during 2025, creating nearly one million new U.S. dollar millionaires as financial markets delivered robust returns, according to the latest UBS Global Wealth Report. The Swiss banking group reported that total global personal wealth increased by 10.8% in 2025,......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.