Germany And France Clash Over Energy Subsidies
On Tuesday, Bloomberg reported that ahead of a Luxembourg meeting of EU energy ministers, France and Germany have been unable to come to a compromise on the amount of government…
Israel Put Under Ratings Watch By Fitch
As the geopolitical risks mount from the escalating conflict between Israel and Hamas, US credit ratings agency Fitch has put the A+ sovereign credit rating of Israel on a ratings…
Oil Spikes On Mideast Tensions
Oil prices spiked sharply Wednesday, as fears grew the escalating conflict between Israel and Hamas showed signs of spreading to other nations in the Middle East, and possibly setting off…
US, UK, And Italian Economies Under Debt Threat – Experts
On Monday, Reuters reported that the uncontrolled accumulation of debt by Western countries, as well as social spending and the increasing amounts being expended on climate change, are all increasing…
Yandex To Debut Robotaxi Service In Sochi
Yandex, the Russian tech giant, announced on Tuesday it has begun to test a new unmanned taxi service in the Black Sea resort city of Sochi. The trial will entail…
China’s Property Crisis Accelerating As Country Gardens Defaults
Chinese property stocks are heading toward a 14-year low, as slumping home sales and increasing debt problems hitting major developers continue to pile stress on the sector. On Wednesday, a…
Everton Purchase By 777 Partners Stalls As Regulator Demands Audited Financials
On Wednesday, The New York Times reported that the purchase of Premier League club Everton by 777 Partners has been held up, due to the British regulator reporting that the…
Hyloris Pharmaceuticals’ Pain Treatment Receives FDA Approval
On Wednesday, Belgium-based Hyloris Pharmaceuticals announced that the US Food and Drug Administration (FDA) has approved its drug for post-operative pain, adding the drug is expected to hit the market…
Infineon Inks Deal With Hyundai And Kia For EV Computer Chips
On Wednesday, German chipmaker Infineon announced that it signed a multi-year agreement to supply power semiconductors to Hyundai and Kia for the production of electric cars. With additional financial contributions…
Putin Reaffirms Backers Of Power Of Siberia Pipeline Remain Behind It
On Tuesday, Russian President Vladimir Putin announced that all stakeholders in the planned Power of Siberia 2 pipeline, which will supply China with Russian gas piped through Mongolia, have confirmed…
