Business

The ranking of the 100 most sustainable global firms – compiled by Corporate Knights – shows France and Denmark leading the EU leaderboard. ADVERTISEMENT Schneider, an electrical equipment firm based in France, has been named the world’s most sustainable firm according to a newly released report from Corporate Knights. The Global 100 index, updated annually, ranks global firms based on …

Global leaders at the World Economic Forum in Davos have voiced urgent calls for Europe to rethink its economic and regulatory strategies, especially with Donald Trump back in power in the US. ADVERTISEMENT The discussions, which took place during an exclusive executive roundtable lunch, hosted by Massimo Andolina, Europe CEO of Philip Morris International, and Claus Strunz, CEO of Euronews, …

Trump refrained from imposing new tariffs on Day One, offering markets brief relief, but trade risks persist. Experts warn that duties on Mexico, Canada, and Europe remain likely, with targeted measures expected. ADVERTISEMENT Investors hoping for immediate clarity on US trade policy under President Donald Trump were left with more questions than answers after his first day in office. While …

The German carmaker is already contending with a sales slowdown, high costs, and competition from cheaper Chinese competitors. ADVERTISEMENT Volkswagen has warned against the “harmful economic impact” of tariffs that could be introduced by US President Donald Trump during his second term in office. The firm highlighted particular unease over levies on goods coming from Mexico, where Volkswagen holds a …

While new car registrations remained strong in Spain, other major European markets, including France and Germany, saw marked declines. ADVERTISEMENT EU new car registrations edged up slightly by 0.8% in 2024 to approximately 10.6 million units. This was mainly driven by robust registration numbers in Spain, which jumped 7.1%.  However, other key European markets struggled last year, with new car …

Global markets saw turbulent sessions following Donald Trump’s inauguration on Monday and early Tuesday, reacting sharply to comments about Trump’s tariff plans, with asset classes including stocks, currencies, commodities, and cryptocurrencies showing significant volatility. ADVERTISEMENT Global markets faced a rollercoaster of volatility as major asset classes swung sharply during Donald Trump’s first day in office. Investor sentiment was dominated by …

Rising tensions between key world players have led to increasing concerns of a global trade war, which would also hit Europe. Kevin O’Marah from community research platform Zero100 is speaking about the world’s most pressing global trade issues at the WEF at Davos. ADVERTISEMENT Geopolitical tensions across the globe have escalated in the last year, driven by ongoing conflicts in …

Several challenges, such as changing emissions laws, as well as cost pressures could continue to erode car manufacturers’ profit margins this year, according to the Society of Motor Manufacturers and Traders. ADVERTISEMENT The European car industry could be poised for a challenging year, despite a surge in electric vehicle (EV) sales expected this year. Car companies are also likely to …

Riding the waves of the crypto markets, and leading up to his inauguration, the incoming US President Donald Trump last week unveiled his own cryptocurrency, which sold for billions of dollars. ADVERTISEMENT The world’s largest cryptocurrency, Bitcoin, hit a new all-time high on Monday morning, surpassing $109,900 (€106,485), while incoming US President Trump saw his own meme coin being sold …

Europe is braced for significant economic challenges under Trump’s presidency, including its car industry, energy supply, and the euro’s devaluation, alongside the potential for resurging inflation. ADVERTISEMENT The European Union has spent months preparing for Donald Trump’s presidency, and the day has finally arrived. The new president is likely to fulfil his campaign pledges as first actions in the first …