Europe

09 Apr Simon Harris becomes youngest-ever Irish prime minister, pledges ‘reset’

Posted at 12:43h in Europe

Newly-declared Fine Gael leader Simon Harris speaking at a convention in Athlone, central Ireland on March 24, 2024, after becoming de facto prime minister-in-waiting. Harris took over following the shock resignation of predecessor Leo Varadkar.Paul Faith | Afp | Getty ImagesThe Irish Parliament on Tuesday...

09 Apr EU’s von der Leyen echoes Yellen’s calls for tough stance on Chinese overcapacity

Posted at 11:32h in Europe

European Commission President Ursula von der Leyen speaks during a press conference, Nurphoto | Getty ImagesEuropean Commission chief Ursula von der Leyen on Tuesday said that Europe must talk tough with China on its perceived unfair trade practices, echoing calls a day earlier from U.S. Treasury Secretary...

09 Apr Swiss women win historic victory at Europe’s top human rights court

Posted at 11:06h in Europe

Members of Swiss association Senior Women for Climate Protection react after the announcement of decisions after a hearing of the European Court of Human Rights (ECHR) to decide in three separate cases if states are doing enough in the face of global warming in rulings...

09 Apr Abrdn CIO slams jabs at company’s rebranded name

Posted at 10:23h in Europe

The abrdn Plc office at St Andrew Square in Edinburgh, U.K. on Thursday, Nov. 11, 2021.Jonne Roriz | Bloomberg | Getty ImagesThe press making jabs at the current name of asset manager Abrdn, which was rebranded from 'Standard Life Aberdeen', amounts to "corporate bullying," the...

09 Apr Tenth consecutive monthly global heat record shocks climate scientists

Posted at 08:55h in Europe

An excavator drives past a dried-up pond in Vietnam's southern Ben Tre province on March 19, 2024. Nhac Nguyen | Afp | Getty ImagesScientists on Tuesday confirmed that last month was the hottest March on record, extending an extraordinary run of global heat that has renewed...

08 Apr How this UK-based firm is growing a more sustainable cannabis

Posted at 05:08h in Europe

Cannabis plants grow in the clone room at Aurora Deutschland GmbH, a manufacturer of medical Cannabis products, in Leuna, Germany September 11, 2023.Lisi Niesner | ReutersGrowing cannabis indoors uses a lot of energy, obviously resulting in higher emissions.But some companies are trying to combat that...

05 Apr UBS CEO says Credit Suisse will be a case study for big bank mergers

Posted at 16:02h in Europe

The mammoth integration of failed bank Credit Suisse into its former rival UBS will act as a "case study," UBS CEO Sergio Ermotti said on Friday, one that will show that big bank mergers should be allowed."It's going to be a case study to be...

05 Apr El-Erian says the Fed has turned into a play-by-play commentator

Posted at 08:11h in Europe

Mohamed Aly El-Erian, chief economic advisor for Allianz SE. Bloomberg | Getty ImagesThe U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief economic adviser at Allianz, said Friday.The economist told CNBC that a longer-term, more strategic...

05 Apr Virgin Voyages launches month-long trip

Posted at 00:09h in Europe

Virgin Voyages is targeting a new type of traveler: remote workers.In March, the Miami-based cruise line owned by Sir Richard Branson introduced a month-long cruise called the "Scarlet Summer Season Pass." It's essentially four week-long cruises packaged together to appeal to remote workers who want...

04 Apr Citi on what’s next for cocoa and coffee prices after a record rally

Posted at 12:41h in Europe

A worker picks cocoa fruit at the Somos Cacao farm in Ragonvalia, Norte de Santader department, Colombia, on Friday, March 22, 2024.Bloomberg | Bloomberg | Getty ImagesCiti says a record-breaking rally for cocoa and coffee prices could yet have further room to run, citing adverse...