Tag: EU

Poland and Germany nationalize Gazprom’s domestic assets

Both European countries will nationalize Russian Gazprom's assets on their territory. Is this a step towards better security?

The EU will need up to €500 billion for its nuclear energy

Nuclear energy is a big topic in Europe. However, large investments will be needed just to maintain existing capacities.

Greece imposes windfall tax on energy firms

Greece is another country that has decided to impose taxes on the excessive profits of energy companies. What will they do with the money?

Is Europe facing a 30% drop in gas prices?

Goldman Sachs expects to see gas prices in Europe fall by up to 30% in the coming months. Is this realistic?

Saudi National Bank will buy a 9.9% stake in Credit Suisse

Credit Suisse is in potential trouble, which is bad news for the situation in Europe. However, help is partly coming from Saudi Arabia.
Mercedes-Benz increased earnings in Q3 by 83% Audio article
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Mercedes-Benz increased earnings in Q3 by 83%

The company enjoyed high demand in Q3, especially for more expensive models, which had a positive effect on the company's profits.
EUR/USD treads water, stays near 0.99
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EUR/USD treads water, stays near 0.99

It looks like a little pause before another leg higher in EUR/USD, targeting the psychological level of parity.

France as the leading producer of Lithium in Europe?

As demand for electric vehicles increases, so does the demand for raw materials for their production, including lithium.

Europe wants to build the first hydrogen corridor

The corridor will run from Spain to the Netherlands. Is hydrogen a way for Europe to help itself in the face of energy uncertainty?

Europe has problems with LNG unloading

Dozens of ships carrying liquefied natural gas (LNG) are circling the coasts of European countries, unable to secure a place to unload.

Poland wants to build its first nuclear power plant

Poland is about to build its first nuclear power plant. It sees this as a way out of dependence on coal, to secure electricity supplies.
Volkswagen wants to strengthen its position in China
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Volkswagen wants to strengthen its position in China

German carmaker Volkswagen has agreed a joint venture with Chinese firm Horizon Robotics. It's another step towards autonomous driving.