Author: generate
Outgoing EU Economic Commissioner Paolo Gentiloni said on Saturday that the EU had managed to avoid the “dire prophecies” that had threatened its economy in recent years but still had to deal with Russia’s war in Ukraine and fragile trade ties with China.In an interview with CNBC, Gentiloni said that the EU economy “generally has weak growth, but there are no dire predictions that we have heard in the past two or three years: recession, blackouts, divisions, the division of Europe before the Russian invasion.” Steve Sedgwick at the Ambrosetti Forum in Cernobbio, Lake Como, Italy.Gentiloni is a former Italian…
People look at the BYD Dolphin electric mini car during the 2023 Shenyang International Auto Show in Shenyang, Liaoning Province, China, May 3, 2023.VCG | Visual China Group | Getty ImagesDespite the EU’s additional tariffs on Chinese-made cars, especially after last month’s reduction in tariffs, Chinese electric vehicles will remain competitive in Europe.In the latest tariff adjustments at the end of August, Chinese auto giant BYD’s tariffs were reduced from 17.4% to 17%, and Geely Auto’s tariffs were reduced from 19.9% to 19.3%. State Administration for Industry and Commerce dropped from 37.6% to 36.3%.The Rhodium research group said that in…
Evertonin Seamus Coleman antaa joukkueelle ohjeita Valioliigan ottelussa Everton FC:n ja Burnley FC:n välillä Goodison Parkissa 6.4.2024 Liverpoolissa, Englannissa.Matt Mcnulty | Getty Images Sport | Getty ImagesLONDON – Yhdysvaltalaisen miljardööri Dan Friedkinin johtama sijoitusryhmä sopi maanantaina ostavansa Everton FC:n, mikä saattaa päättää vuosien epävarmuuden kamppailevalle Englannin Valioliigan jalkapalloseuralle.Kauppa vaatii EPL:n, jalkapalloliiton ja Britannian taloushallinnon hyväksynnän.The Friedkin Groupin, yksityisessä omistuksessa olevan yritysten yhteenliittymän, jonka puheenjohtaja ja toimitusjohtaja Dan Friedkinin johdossa, tiedottaja sanoi, että se on “ilahtunut päästessään sopimukseen tämän ikonisen jalkapalloseuran huoltajista”.”Olemme keskittyneet saamaan tarvittavat hyväksynnät kaupan loppuun saattamiseksi. Odotamme innolla vakauden tarjoamista seuralle ja näkemyksemme jakamista sen tulevaisuudesta, mukaan lukien…
Oktoberfest is a worldwide phenomenon and the Bavarian Oktoberfest celebrated in countries around the world.But many say there is no place more interesting than its hometown of Munich. The festival attracts about 6 million celebrants each year, according to the festival website run by Munich’s Ministry of Labor and Economics.As a non-Bavarian German I visit Munich regularly and learned a bit about attending this festival (called simply “Wiesn”). This is my suggestion.what to wearThe dress code for many is a traditional Bavarian dress for women and leather pants for men. In stark contrast to the rest of the world, you…
Saudi Arabia’s Investment Minister Khalid Al-Falih speaks at the Bloomberg New Economy Forum in Singapore on Wednesday, November 8, 2023. Bloomberg | Bloomberg | Getty ImagesSaudi Arabia’s Investment Minister Khalid al-Falih dismissed skepticism about the kingdom’s plans to diversify the economy, with Riyadh touting “green-backed” investment opportunities to attract foreign financing.”Many people doubt that the vision, the ambition, the breadth, depth and comprehensiveness of it, and the development of a country like Saudi Arabia that has been so dependent on commodities businesses like oil for decades, can do it.” Saturday “What do we want to achieve with Vision 2030,” Falih…
General Motors Chairman and CEO Mary Barra speaks during the unveiling of the Cadillac Celestiq electric sedan on October 17, 2022 in Los Angeles.Frederic J. Brown | Frederic J. Brown AFP | Getty ImagesWARREN, MI – If all goes according to plan General Motors After spending the past three years, the Detroit automaker is quickly catching up Tesla in the sales of electric vehicles.In October 2021, General Motors Chief Executive Mary Barra declared that the automaker would “absolutely” catch up with the U.S. electric vehicle leader by 2025. The company remains well behind Elon Musk’s automakers and Hyundai Motor Co.…
Commerzbankin pääkonttori Frankfurtin finanssialueella, Saksassa, 12.9.2024.Bloomberg | Bloomberg | Getty ImagesUniCredit ilmoitti maanantaina kasvattaneensa osuuttaan saksalaisesta lainanantajasta Commerzbank noin 21 prosenttiin ja esitti pyynnön omistusosuuden nostamisesta 29,9 prosenttiin.Italian pankki osti lisää Commerzbankin osakkeita rahoitusvälineillä, se sanoi maanantain lausunnossa. Aiemmin tässä kuussa UniCredit ilmoitti ottaneensa 9 prosentin osuuden Commerzbankista, mikä vahvisti, että puolet tästä omistuksesta ostettiin Saksan hallitukselta.”UniCredit uskoo, että Commerzbankissa, joko erillisessä tai UniCreditissä, on huomattavaa arvoa, joka hyödyttää Saksaa ja pankin laajempia sidosryhmiä. Kuitenkin, kuten UniCreditin tapauksessa, tällainen potentiaali edellyttää toimia, jotta se voisi kiteytyy”, pankki sanoi maanantaina.Se lisäsi, että se on suojannut suurimman osan vastuistaan Commerzbankille tarjotakseen UniCreditille…
Staff from the National Archeology Office hang photos of items found on a construction trailer during a major archaeological survey of the Northvolt site. Image Alliance | Image Alliance | Getty ImagesBattery maker Northvolt announced on Monday it plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive.In an update posted on its website, Northvolt said that following initial steps taken as part of a strategic review, the company has revised the scope of its operations in Sweden “to ensure that its resources are focused on accelerating production for large-scale battery manufacturing” .The…
Experts call it “economy class syndrome” – but it can happen to anyone in any class on the plane.Deep vein thrombosis (DVT) occurs when blood clots in one or more veins.Dr Pinakin V. Parekh, consultant cardiologist at Harley Street Heart and Vascular Center in Singapore, said this can happen at any time, but people traveling on long-haul flights are at a higher risk , because they sit for long periods of time.”Theoretically, people traveling in better cabins — business class, first class — have more room to move around and stretch their legs,” he told CNBC Travel. “So it’s all…
UK Chancellor of the Exchequer Rachel Reeves speaks on the second day of the Labor Party’s annual conference in Liverpool, northwest England, September 23, 2024. Paul Ellis | AFP | Getty ImagesLIVERPOOL, England — Finance Minister Rachel Reeves vowed on Monday that Britain would not return to austerity but said she would make tough choices when she presents her budget proposals next month.”This will be a truly ambitious Budget… a Budget that delivers the change we promised. A Budget that rebuilds Britain,” she told a group of Labor delegates on Monday. “There will be no return to austerity.”Her keynote address…