Europe industry

Europe’s two-front trade war

The EU should forge new trade agreements with economies that are not aligned with the US or China

Successful family businesses often look for ways to secure a pipeline of talented family members. Ferrari chair John Elkann, the chosen heir of his maternal grandfather Gianni Agnelli, had to prove himself by working incognito in several different family-related businesses.

Europe’s best family firms have a secret weapon money can’t buy

Tradition provides impossible-to-quantify corporate benefits, not least self-confidence and a sense of perspective

US President Donald Trump met German Chancellor Friedrich Merz at the White House in June. Germany's  500 billion euros (S$749.9 billion) in an infrastructure fund is to go into areas such as transportation and energy grids over 12 years.

The great revival of Europe’s industrials

This will come from Germany’s infusion of 500 billion euros in investments in infrastructure and defence, and its ripple effects

British Prime Minister Keir Starmer has ruled out rejoining either the Single Market or Customs Union.

Business watching Starmer’s reset of EU relations

Key elements of a potential new deal include London possibly signing up to the so-called Brussels ‘rule book’ in certain sectors that will see closer alignment with EU rules

Giving up on a critical component of EVs might mean losing out on auto jobs for Europe.

Europe’s industrial nightmares are coming true

Gobs of government cash are unable to rouse Europe, with the Ukraine war and US-China competition still battering energy-intensive sectors

Wilmar Oleochemicals, located in the Port of Rotterdam, produces ingredients that are ultimately used in products such as detergent and shampoo.

Good connections at Rotterdam but Wilmar faces green constraints at Europe’s busiest port

Chemicals transport company Eagletainer similarly faces supply chain disruptions and strict regulations

The Munich motor show was dominated by Chinese brands such as BYD, which were there in double the numbers seen in 2021.
THE BOTTOM LINE

The EV car crash is a warning for Europe’s industrial transition

China is so far ahead in the electric vehicles market that its competitors are trailing in the dust

Three and a half years after millions of office-goers were sent home en masse, companies, employees and governments are still figuring out how to adapt to lasting changes to corporate life.

Return-to-Office is a US$1.3 trillion problem few have figured out

In the emerging post-pandemic era, most aspects of life have returned to normal. Moviegoers are flocking to cinemas, vacationers jammed airports for summer travel, and kids are returning to classroom...

Italy’s Environment Ministry has warned in a report this year that foreign tourists will in future travel more in the spring and autumn and choose cooler destinations.

Europe’s sweltering summer could send tourists to cooler climes

Soaring summer temperatures across southern Europe could prompt a lasting shift in tourist habits, with more travellers choosing cooler destinations or taking their holidays in spring or autumn to dod...

To reach its ambitious goal in chip production, the EU will have to mobilise more than 43 billion euros (S$63.4 billion) in public and private investments.

EU lawmakers back chip-production plan

THE European Parliament on Tuesday (Jul 11) formally approved an EU plan to greatly boost its own supply of semiconductors, a strategic goal to reduce dependency on Asia.