Economy
Tesla registrations posted sharp gains across several European markets in May, with France recording a 655 percent year-on-year increase to 5,446 vehicles delivered, Sweden rising 71 percent to 858 units, and Denmark posting a 136 percent increase compared to May 2025. The figures mark a decisive reversal......
Uber has agreed to acquire Voi Technology, a Stockholm-based Swedish company operating shared electric scooters and bicycles, for 1.2 billion dollars in the largest investment the ride-hailing giant has made in European micromobility to date. The deal would integrate Voi's fleet of more than 100,000......
Russia’s fiscal position has deteriorated sharply in early 2026, forcing the government to introduce emergency measures as revenues fall and spending rises. The federal budget deficit reached 4.6 trillion rubles, or about 58.8 billion dollars, in the first quarter alone, already exceeding the full......
Major European central banks kept interest rates unchanged on Thursday as rising energy prices linked to the conflict with Iran raised concerns about renewed inflation across the region. The European Central Bank held its deposit rate at 2 percent for the sixth consecutive meeting, while the Bank of......
Russia’s economy is showing new signs of fatigue as Western sanctions enter their fifth year, undermining the resilience that helped Moscow cushion earlier financial shocks. After years of wartime expansion fueled by military contracts and oil exports, growth has slowed dramatically. The International......
Europe channelled €45 billion into wind energy projects in 2025, installing 19.1 gigawatts of new capacity despite industry warnings that planned EU policy reforms could weaken investor confidence. According to WindEurope’s annual report, total installed capacity reached 304 gigawatts, up......
President Donald Trump abruptly reversed his plan last week to impose tariffs on eight European nations, paving the way for a surge in high-yield debt issuance as markets breathed a sigh of relief. The decision followed talks with NATO Secretary General Mark Rutte, yielding what Trump called a framework......
US stock futures plunged sharply on Tuesday as President Donald Trump escalated trade tensions with European NATO allies by threatening new tariffs linked to his push to acquire Greenland. Dow Jones Industrial Average futures tumbled 600 to 750 points, reflecting a drop of 1.3% to 1.5%, while S&P......
European natural gas prices climbed above 32 euros per megawatt-hour on January 13, 2026, marking their highest level since early November 2025. This spike stemmed from a harsh cold wave, rapidly depleting storage levels, and lingering geopolitical tensions rattling energy markets. The benchmark Dutch......
European defense stocks climbed for a fourth straight session on Wednesday, fueled by geopolitical ripples from the U.S. military's capture of Venezuelan President Nicolás Maduro and escalating friction over Greenland. A Bloomberg index tracking European defense firms has surged about 10 percent......
If you live in Spain, opening an overseas bank account can offer significant financial benefits, such as holding different currencies and accessing higher savings rates. While maintaining a Spanish bank account is essential for paying bills and taxes, many residents are exploring foreign accounts to......
Swedish packaging company Boxon has announced its expansion into Morocco with the launch of a new office and warehouse. The move is aimed at enhancing the company’s local presence and supporting the rapid growth of the region’s automotive sector. In a statement released on September 2, Boxon......
Low-cost airline Ryanair is set to announce significant reductions in flights to and from regional airports in Spain this winter, confirming plans to cut an additional one million passenger seats. The move comes amid ongoing tensions with Aena, the Spanish airport network, over fee increases. Sharp......
