European stock markets opened sharply lower on Monday, weighed down by surging oil prices and ongoing conflict in the Middle East, with no signs of de-escalation as the fourth week of tensions begins. At around 9:05 a.m. Paris time, major indices were down: Paris’s CAC 40 fell 1.44%, London’s......
European electricity markets are proving more resilient than expected to the Middle East energy crisis, as rapid expansion in wind and solar generation limits the impact of surging gas prices, according to a Bloomberg analysis. Gas prices in Europe have risen by more than 50 percent since late February,......
The euro weakened for a fourth consecutive session on Thursday, sliding to its lowest level of 2026 as the U.S. and Israeli military campaign against Iran continued to disrupt global energy markets and weigh on Europe’s energy dependent economy. The European Central Bank’s reference rate......
Italy is exploring measures to cut fuel excise duties in response to surging energy prices, Prime Minister Giorgia Meloni said, as companies warn that the ongoing conflict in the Middle East could sharply increase costs. Excise duties in Italy, levied per litre, form a significant portion of the price......
Italy’s media landscape is set for a significant shift as the Gedi Gruppo Editoriale has signed a preliminary agreement to sell the national daily La Stampa to the media group SAE. The transaction is expected to be finalized in the first half of 2026, pending regulatory approvals and completion......
Fabio Panetta, member of the European Central Bank Governing Council, has pointed to competition from inexpensive Chinese imports as a factor behind the sharper-than-expected slowdown in euro zone inflation earlier this year. Speaking at the Assiom-Forex financial conference in Venice, Italy, Panetta......
The United States recorded a historic trade deficit of $1.241 trillion in 2025, marking a 2.1% increase compared with the previous year, according to data released by the US Department of Commerce. This record deficit occurred despite the implementation of tariffs aimed at rebalancing trade flows with......
For the first time in recent history, Italy has overtaken France in gross domestic product per capita, marking a notable shift in Europe’s economic landscape. The development reflects diverging growth trajectories between the two eurozone economies. In 2019, France stood above the average GDP......
The benchmark French stock index, the CAC 40, crossed the 8 400-point milestone for the first time Thursday at the start of trading, propelled by a wave of mostly well-received corporate earnings reports. Shortly after the market opened, the index was trading 1.09 % higher at 8 403.94 points, exceeding......
Libya stands at the threshold of rapid energy expansion, fueled by surging investor confidence, fresh licensing rounds and bolstered international alliances. The 2026 Libya Energy & Economic Summit (LEES) captured this shift vividly, with high-stakes roundtables featuring the United States, France,......
Italy's new car registrations bucked the European trend in January 2026, climbing 6.2 percent year-on-year to around 142,000 vehicles, according to transport ministry data. This uptick offers relief after a 2.1 percent decline across 2025, when total sales settled at roughly 1.56 million units. Stellantis......
Global economic power in 2026 remains highly concentrated, with a handful of countries accounting for a large share of worldwide output. According to international economic projections, total global gross domestic product (GDP) is expected to reach approximately 123.6 trillion dollars, reflecting steady......
Stellantis Pro One, the commercial vehicle division of the Stellantis Group, unveiled the Fiat Professional Tris, a three-wheeled electric pickup designed for short-distance urban deliveries, at the Brussels Motor Show on Friday. The vehicle was already introduced in Morocco and is scheduled to enter......
