Keywords: Energy costs
Volvo CEO Håkan Samuelsson has warned that Europe’s automotive industry risks losing industrial capacity if manufacturers continue to face high production costs and struggle to compete with lower-cost locations. In an interview with German business daily Handelsblatt, Samuelsson compared......
Germany recorded another increase in major corporate bankruptcies during the first half of 2026, highlighting the continued financial and operational pressures facing Europe’s largest economy. According to a study by credit insurer Allianz Trade, 33 German companies with annual revenues of at......
G20 finance ministers are meeting on Monday and Tuesday in Asheville, North Carolina, for the first series of discussions organized in the United States under the American presidency of the group. Officially dedicated to growth, deregulation, and trade imbalances, this meeting is also expected to be......
The Chinese industry is still struggling to regain sustainable momentum. The manufacturing sector remained in contraction territory in August for the second consecutive month, despite a rise in its activity index compared to July. With weak domestic demand, a real estate crisis, and international uncertainties,......
In response to rising energy costs, the Italian government has decided to temporarily maintain its tax reduction scheme on diesel. The measure, extended until September 5, aims to mitigate the impact of rising oil prices on households and sectors heavily reliant on fuel. Adopted on Wednesday in the Council......
The cost at the pump has once again increased for European drivers. According to the latest data released by Eurostat on August 21, fuel and lubricant prices for personal transport in the European Union rose by 16.9% in July 2026 compared to a year earlier. This new increase confirms the ongoing pressures......
The CAC 40 reached a new all-time high on Tuesday, driven by declining oil prices and renewed investor optimism over the global economic outlook. France's benchmark stock index climbed to 8,669.69 points during morning trading, setting a fresh intraday record after already reaching a historic peak......
Germany is facing mounting economic and technological challenges as government officials acknowledge growing pressure on the country's public finances and industrial competitiveness. Recent comments from the German labor minister have renewed debate about the need for structural reforms, increased......
India has attracted more than $40 billion in foreign financial inflows in recent weeks, helping strengthen the country’s foreign exchange reserves as authorities intensify efforts to stabilize the rupee amid global market uncertainty and rising energy costs. According to data from the Reserve......
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