Browsing: Featured
Renault boss laments Volkswagen’s inability to ‘work as a team’ against BYD after joint affordable EV project collapses
Renault’s CEO Luca de Meo is no stranger to the “onslaught” of cheap EVs from China. However, his efforts to…
EU’s trade surplus over the U.S. surges to record $47 billion—with China tariffs going up, it may get even bigger
Friends who trade together, stay together. That’s the mantra that seems to increasingly dictate global trading dynamics, to the benefit…
Tesla is rushing to give angry European rental companies big discounts as plunging resale prices push them toward Chinese EV rivals
Retail customers may approve of Tesla’s habit of announcing sudden, steep price cuts for its electric vehicles. The same cannot…
Elon Musk travels to Bali to launch Starlink in Indonesia, his first trip after years of wooing from the Southeast Asian country
Indonesian president Joko Widodo’s years-long wooing on Elon Musk may have finally paid off. The Southeast Asian leader, commonly known…
Taylor Swift’s Eras Tour could boost Europe’s economy more than America’s, experts predict
The American pop icon filled a blank space the world didn’t know it had with her soulful music. And although…
Debt-hungry American companies are flocking to Europe as interest rate cuts fuel $33 billion ‘Reverse Yankee’ effect
A surprise drop in inflation in the Eurozone is helping the continent get a head start on interest rate cuts…
Sir Richard Branson—who hates being called a billionaire—sees net worth fall back to $3 billion, where it was in 2000
British billionaire Sir Richard Branson hates being called a billionaire and thinks it’s very sad when people use wealth to…
‘Greedflation’: British firms increased profit margins by 30% during cost-of-living crisis, according to study of 17,000 companies
The aftermath of the COVID-19 pandemic came with many “new normals,” not least hybrid working and rising prices. Suggestions are…
London Stock Exchange CEO says dwindling listings are not a big concern—but a 25% drop over 10 years suggests otherwise
London’s status as Europe’s top financial hub has been at risk for the last few years. There are now 25%…
Ex-wife of British F1 billionaire Bernie Ecclestone sets up family office to manage her $881 million divorce settlement
The superrich have often faced an age-old dilemma in handling their eye-watering fortunes. Do they invest in the stock market?…












