Europe
Bigger defence budgets are not enough to secure Europe
The continent cannot rearm without mobilising private capital for military R&D
Trump’s planned US troop drawdown from Germany questioned by allies at home, in Nato
Nato said it was working with the US to understand the details of the decision
Italy’s Meloni backs housing access plan as election nears
It includes the refurbishment of existing social housing and steps to halve notary fees
Renewables hot in Europe as Iran war drives up power prices
Gas-dependent nations such as Italy and Germany are experiencing sharper wholesale price volatility
China’s Eurasian hedge runs through Turkmenistan
The country in Central Asia helps turn connectivity from a route into an insurance policy
The gloves are coming off in Europe’s biggest banking takeover
After high-level deal talks between UniCredit and Commerzbank broke down, the Italian lender is taking its pitch directly to shareholders
Russia sees China buying gas at discount to Europe through 2029
Russia has been ramping up supplies to China for several years via the Power of Siberia gas link
EV sales soar in main European markets as drivers shun expensive petrol
The region’s five largest EV markets have recorded growth of more than 40% in BEV sales so far this year
Stoxx 600 jumps more than 1% after Iran declares Strait of Hormuz open
[BENGALURU] The Stoxx 600 jumped more than 1 per cent and notched its fourth straight weekly gain on Friday (Apr 17), after Iran announced that the Strait of Hormuz, a conduit for a fifth of the world...
IMF expects ECB to raise rates by half a percentage point in 2026
The ECB’s main interest rate is currently set at 2 per cent
