Europe
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
European airlines face fuel shortages within weeks
Europe is by far the biggest consumer of jet fuel shipped through the Strait of Hormuz
ECB policymakers play down April rate hike chances
[WASHINGTON] European Central Bank policymakers played down the chance of a rate hike as soon as this month, arguing that more data will be needed and the precise timing of a move was of secondary imp...
Middle East war hangs over Europe as earnings season kicks off
Lower growth, supply-chain disruptions, uncertainty and higher inflation threaten firms’ performance
Wealthy Middle East residents are house-hunting in Europe to escape war
Investors who might have ploughed money into the most popular Gulf property markets are also examining alternatives
Surging petrol prices drive record EV sales in Europe in March
New battery-electric and plug-in hybrid cars registrations rose 3 per cent year on year globally
Europe’s biggest pension investor APG eyes private markets boost
It will increase its allocation to slightly more than 30%, from 26% currently
Tesla’s supervised self-driving software gets Dutch okay, first in Europe
Other carmakers have introduced ‘hands-free’ driving technology on select highways and at limited speeds, mostly in Germany
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
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
