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Cooling towers at Uniper's coal-fired power plant in Germany. Fabian Strauch/picture alliance via Getty Images Germany pledged €67 billion ($ 66.9 billion) in funding to assist utility companies, the FT reported. The money will be redeployed from a COVID-19 bailout fund established to help companies avoid insolvency. Gas importers have been forced to pay higher […]
ECB president Christine Lagarde has presided over two consecutive interest rate hikes. Philipp von Ditfurth/Getty Images The European Central Bank just pulled the trigger on its biggest interest rate hike. The central bank increased rates by 75 basis points, and signaled further hikes. Economies around the world are raising rates as they battle to keep […]
RELATED STORIES Amazon Prime’s Invincible isn’t like other animated superhero shows. Sure, there’s an underdog hero — this one is named Mark aka Invincible (voiced by The Walking Dead‘s Steven Yeun) — but he’s unique. Half Korean American and half superhero, Mark is a teenager who inherits his powers from his dad Omni-Man (J.K. Simmons), […]
EBOLA is a deadly virus infection that originated in Africa, and was responsible for a large outbreak in 2014. The European cities most at risk of Ebola symptoms have been revealed, after news of an outbreak scare in Sweden. Is the UK at risk of Ebola?
Germany-based mobile banking startup N26 has raised $ 300 million in a series D round of funding, as it gears up to launch in the U.S.Read More
Vincenzo D’Amore, a 34-year-old buffalo mozzarella–maker from the small town of Carinola outside Naples, is exactly the type of young business owner who would be expected to celebrate Italy’s membership in the European Union and a single market that allows him to sell his products across the Continent. In 2017, he converted the farm founded […]
Tesla’s Model 3 design studio is now open for everyone in left-hand drive European countries, and that means it’s now taking orders from the public in those markets. The automaker started displaying the new vehicle in European showrooms in November 2018, hinting at its impending release. While it began taking orders from reservation holders in […]
Reuters / Kai Pfaffenbach Asian shares jumped and European stocks soared, capping a tumultuous week of holiday trading in global stock markets. European indexes have been battered more than the US this year, with worries about trade, Italy’s budget crisis, and rising interest rates weighing on sentiment. The Euro Stoxx 50 and most major regional […]
It’s been over a month since hackers began exposing the Scotland-based ‘Integrity Initiative’ as a UK government-funded propaganda outfit — and gradually new details of the organization’s clandestine activities have come to light. The documents were leaked by a group which claims to be associated with the Anonymous hackers. The first batch of leaks revealed the Integrity […]
The best value holiday destinations in 2019 for British travellers have been revealed. Travel money expert FairFX have collated the countries which have the best exchange rate against the pound compared to last year and the last five years. Britons looking for the cheapest holiday can make their choice by finding in which location their […]
