Europe

BYD eyes more Porsche hires for luxury line’s Europe push

European manufacturers are grappling with poor sales of their priciest EVs and muted demand in China

French President Emmanuel Macron with Japanese Prime Minister Sanae Takaichi. His recent trip to South Korea and Japan follows an Asean-focused visit in 2025.

Europe’s focus on Asia intensified by Iran war

Ultimately, an underlying key goal of the EU’s pivot is to build a competitive advantage

Sales of battery-only and plug-in hybrids accounted for more a third of the market during the first two months of the year.

European car sales rise as EV demand gains momentum

New-vehicle registrations rose 1.7% in February from a year earlier to 979,321 units

Low levels of vacancy on popular shopping streets have put pressure on prime rents, which grew by 3.5% last year.

Luxury brands from LVMH to Kering defy slowdown with more new store openings in Europe

Fragrances have been particularly popular due to their lower price point when compared to items such as jewellery and watches

JD.com aims to draw customers to its Joybuy.com with a promise of fast delivery of products, ranging from Chinese food, fridges and televisions to toys and cosmetics.

JD.com’s European push pits Chinese retailer against Amazon

The push into foreign markets comes at a time when Chinese companies are competing for share at home

Germany will limit price changes at gas stations to once per day, its economy minister says on Wednesday.

From food to petrol, Europe seeks to tame Iran price shock

European gas prices are up around 50% since the conflict started and oil prices are around 25% higher

ECB president Christine Lagarde has stressed that restructuring the bloc’s “business model” would require robust financial support.
THE BOTTOM LINE

Europe’s ‘limited responsibility’ model must go

ECB’s Christine Lagarde explained what Europe must do to secure its prosperity and sovereignty. But will European leaders heed the call?

Kyriakos Pierrakakis, the chairman of the eurozone’s finance ministers, says the region's growth can no longer rely on expanding labour supply.

Europe’s growth model is coming to an end: Eurogroup chair

The EU must mobilise capital more effectively to finance innovation and scale, says Kyriakos Pierrakakis

Carriers that offer non-stop Asia-Europe flights are able to bypass the closed Middle Eastern airspace by flying north via the Caucasus then Afghanistan.

Airline ticket prices soar on Asia-Europe routes after Gulf airport closures

Major Gulf hubs have remained closed for a fourth day on Tuesday

A reliance on oil and gas from the region makes the eurozone the “most exposed major economy” to Iran spillovers.

Europe’s economy can ride out Iran war – if it’s over in a month

Anything longer risks sabotaging the eurozone’s fledgling revival