Germany gave record €11.8 billion away in international climate aid in 2024

At a time of domestic economic hardship, Germany provided a record €11.8 billion in international climate financing to other countries in 2024, according to figures released on Monday by the Federal Ministry for Economic Cooperation and...

Germany, France business chambers host joint reception, discuss economic outlook in Korea

Published: 30 Sep. 2025, 12:06 Updated: 30 Sep. 2025, 14:50 Audio report: written by reporters, read by AI Minister of Trade, Industry and Energy Kim Jung-kwan, center, joins special guests and board members of the Korean German Chamber of...

Germany’s Largest State Makes Its Case to Atlanta Investors, Incubators

Seeing is believing when it comes to expanding into Europe via Germany’s largest state, North Rhine-Westphalia — and traveling there is just the first step — tech companies and business boosters told Atlanta companies during an August forum. While...

Climate migrants could face a world of closing doors

"Climate change is going to challenge the very foundations of international relations," Gemenne said. The number of climate refugees is going to increase in the coming decades, according to a major UN report on climate impacts and vulnerability....

Spain’s ratings upgrades add to sunny outlook for markets bull run

By Joice Alves and Javi West Larrañaga (Reuters) -Spain has enjoyed its place in the sun in markets for several years now with a buoyant economy and robust corporate sector, and with its creditworthiness getting a triple upgrade it looks set to...

EU’s top diplomat urges Trump to pressure Hungary and Slovakia on Russian energy imports

EU’s High Representative for Foreign Affairs Kaja Kallas, who served as the former prime minister of Estonia, is calling on Trump to use his influence to apply pressure to Hungary and Slovakia to end the import of Russian energy. Politico wrote...

Germany: 4,000 job cuts at Lufthansa, CEO warns that regions could be cut off from airline service

Germany’s airline industry is reeling, with the Lufthansa Group announcing on Monday that it would cut 4,000 jobs, a decision that industry leaders attribute to years of decline driven by “extremely high taxes and fees that do not exist abroad.”...

European Council president seeks to bypass Hungary’s veto on Ukraine’s EU accession, Politico reports

European Council President Antonio Costa is exploring ways to overcome Hungary’s continued resistance to Ukraine’s bid for European Union membership, Politico reported on Sept. 29, citing undisclosed diplomats and officials. The news comes ahead...

Britain and China 'will battle for Bitcoin queen's fortune': £5billion of cryptocurrency could plug hole in Rachel Reeves' budget

Britain and China are set to battle for a 'Bitcoin queen's' fortune after she admitted to laundering more than £5billion worth of cryptocurrency. Zhimin Qian, also known as Yadi Zhang, yesterday admitted charges of possessing and transferring...

Europe’s Hailstones Are Getting Bigger

“Society may need to prepare for less frequent, yet more damaging hail events locally, in a 5-degree warmer future,” Dr. Abdullah Kahraman. Climate experts from Newcastle University, the Met Office and the University of Bristol used European-wide...

Spain and UK Finance News Round-Up, September 30

Finance news. Credit: Pavel Danilyuk, Pexels Data centre expansion SPANISH company Submer Technologies SL, a specialist in liquid cooling systems for data centres, has announced its entry into the Indian market with plans to build AI-focused data...

European Union Reinstates Comprehensive Sanctions on Iran Over Nuclear Proliferation Concerns

On Monday, the European Union (EU) Council made a decisive move to reimpose a wide-ranging series of sanctions on Iran, citing ongoing concerns about the country’s nuclear proliferation activities. The decision follows a failed attempt at the...

European Cocoa Association calls for collaboration to address major market tests

Major issues of tackling market volatility, preparing for regulations and a quest for collaboration across the sector were high on the agenda of this year’s European Cocoa Association Forum in Malta, as the organisation marked its 25th...

EU will have new climate targets by COP30 summit, von der Leyen says

By Kate Abnett BRUSSELS (Reuters) -The European Union will set emissions-cutting targets for 2035 and 2040 in time for the COP30 climate summit in November, the European Commission president said on Tuesday, after the bloc missed a U.N. deadline...

EU pledges CFA38.7 bln for rural electrification in Cameroon

(Business in Cameroon) - European Commission President Ursula von der Leyen announced on September 27, 2025, during the Global Citizen Festival held alongside the United Nations General Assembly, that Team Europe will mobilize CFA357.4 billion to...

EU asks Kenya to utilise duty-free agreements to export fish to its market

Rukia Pamba Juma, Founder and Chair of Pweza Women Group, with members of the group in Kilifi County. [File, Standard] The European Union has asked Kenya to utilise the existing duty-free and quota-free trade agreement that allows Kenya to export...

EU–US deal stabilises trade outlook despite concerns: Survey

Despite lingering pessimism, the July EU-US Framework Agreement is seen as having helped stabilise the outlook for transatlantic trade and investment, a new survey of American companies in Europe has shown. A new AmCham EU survey shows the July...

European project to use grid forming loads to stabilize power networks

The UPC’s Center for Technological Innovation in Static Converters and Drives is leading a European project to redesign grids to be more renewables friendly by using grid-forming loads. Grid flexibility can typically be achieved with energy...

Europe’s Impact on Esports – The Region’s Relationship With Esports

Esports no longer sit on the edge of the entertainment world. Huge arenas fill with fans watching their favourite line-ups, and thousands more tune in online. Europe has become one of the busiest hubs for competitive gaming. It’s hard to imagine...

EU Allocates €2 Billion for Drones to Support Ukraine’s Defense

President of the European Commission Ursula von der Leyen during a speech in the European Parliament, September 10, 2025. X / Ursula von der Leyen According to the Russian Ministry of Defense, the drones that attacked Ukraine could have crossed...