Home / Europe (page 13)

Europe

Netanyahu to delay judiciary overhaul after mass protests, coalition partner says

Protesters shout slogans outside Israel’s parliament in Jerusalem amid ongoing demonstrations and calls for a general strike against the hard-right government’s controversial push to overhaul the justice system, on March 27, 2023. (Photo by HAZEM BADER / AFP) (Photo by HAZEM BADER/AFP via Getty Images) Hazem Bader | Afp | …

Read More »

Germany to change immigration rules to attract more foreign workers

Germany’s parliament is poised to pass a new nationality law to ease the path to citizenship for migrants and attract more skilled foreign workers to the country. Picture Alliance | Getty Images BERLIN — Germany is poised to pass a new nationality law that will make it easier for foreigners …

Read More »

Europe’s leaders battle banking crisis amid market rout

Germany’s Chancellor Olaf Scholz said Deutsche Bank is profitable after shares dipped more than 10% during European trading. Ludovic Marin | Afp | Getty Images BRUSSELS — European leaders on Friday were keen to stress that the region’s banking sector was stable and sound following Deutsche Bank‘s sudden slide as …

Read More »

A ‘greenwashing’ crackdown in Europe hasn’t gone down well

Greenwashing refers to the marketing practice in which businesses seek to capitalize on the growing movement for environmentally sound products by selling goods labeled as green that actually aren’t. Andrew Aitchison | In Pictures | Getty Images The EU outlined new measures designed to prevent companies from making unsubstantiated environmental …

Read More »

Zurich to legalize consumption and sale of cannabis on trial basis

A greenhouse at the CBD cannabis production company Phytocann near Ollon, western Switzerland. The Swiss government has approved plans to legalize the sale and consumption of cannabis in Zurich in a trial designed to assess its economic and health benefits. Fabrice Coffrini | Afp | Getty Images The Swiss government …

Read More »

Ford to break out EV business losses for the first time

Incoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company’s Michigan plant that produces the pickup. Michael Wayland | CNBC DETROIT – Ford Motor is about to tell investors what they’ve long wondered: …

Read More »

DCG-owed crypto exchange Luno replaces CEO, seeks outside investment

LONDON — The CEO of cryptocurrency exchange Luno is stepping aside and handing the reins to its head of operations, the company announced Wednesday. It comes as Luno’s parent company, crypto-focused venture capital firm Digital Currency Group, continues to reel from turmoil in the crypto market. Luno also recently laid …

Read More »

UBS-Credit Suisse deal puts Switzerland’s reputation on the line

Switzerland, a country heavily dependent on finance for its economy, is on track to see its two biggest and best-known banks merge into just one financial giant. Fabrice Coffrini | Afp | Getty Images The demise of banking giant Credit Suisse sent shockwaves through financial markets and appears to have dealt …

Read More »

France’s Macron faces no-confidence vote as protestors arrested, refinery strikes continue

French President Emmanuel Macron arrives to attend the National Roundtable on Diplomacy at the Foreign Ministry in Paris on March 16, 2023. Michel Euler | Afp | Getty Images The government of French President Emmanuel Macron faces a no-confidence vote Monday afternoon, as furious opposition lawmakers contest his decision to …

Read More »

Credit Suisse sheds another 5% as traders digest emergency liquidity

A Credit Suisse Group AG office building at night in Bern, Switzerland, on Wednesday, March 15, 2023. Stefan Wermuth | Bloomberg | Getty Images Credit Suisse shares fell 5% in early trade Friday, after soaring over the previous session as the embattled lender said it will borrow up to 50 billion …

Read More »