Projected Decline for Ireland’s EconomyThe European Commission forecasts a downturn for the Irish economy in 2024, primarily due to a decline in the multinational sector. According to their Autumn 2024…
Tag: business
Deteriorating Forecast for EU Battery-Electric Vehicle Market by 2025
Declining Market Share Poses Challenges to Emission Goals The European Union (EU) faces a troubling outlook for the battery-electric vehicle (BEV) market in 2025. S&P Global has projected that the…
Schiphol Airport Plans a Significant Fee Hike for Airlines
Major Fee Increase on the Horizon Amsterdam’s Schiphol Airport is preparing to implement a remarkable fee increase of 41% for airlines in the upcoming year. This decision, announced by the…
UBS Surpasses Expectations with Impressive Profit Surge
Robust Quarterly Earnings Report Swiss banking giant UBS AG has just released its third-quarter financial results, revealing a remarkable net income of $1.4 billion (€1.3 billion). This figure is nearly…
Trump Warns EU of Major Costs in Trade After Election
A Bold Statement to Europe Donald Trump, the Republican candidate for the U.S. presidency, delivered a striking message to the European Union during a campaign rally in Pennsylvania. He asserted…
Boeing Aims to Raise Billions Through Stock Sale to Strengthen Finances
Major Stock Offering to Secure Liquidity Boeing is taking decisive steps to improve its financial standing by initiating a significant stock sale. The aircraft manufacturer plans to raise approximately $19…
Volkswagen Plans Major Cuts: Factory Closures and Job Losses Ahead
Planned Factory Closures and Job Cuts Volkswagen is gearing up for significant changes, including the closure of at least three factories in Germany and the elimination of thousands of jobs.…
European Airlines Scale Back Operations in China Amid Airspace Challenges
European Carriers Slash Flights to China In recent years, European airlines have significantly reduced their presence in China, with Finnair leading the charge. The Finnish airline saw its direct flights…
Small Businesses Struggle as Flooding Devastates Communities in England
Record Rainfall Hits Buckinghamshire In September, the east of England, particularly Buckinghamshire, faced unprecedented rainfall, marking the wettest September in 188 years. This culmination of torrential downpours led to severe…
The Path to Price Parity: Will Electric Vehicles Compete with Petrol and Diesel Cars?
Analyzing Cost Differences As the automotive industry undergoes a significant transition, many are curious whether electric vehicles (EVs) will ever match the price of petrol and diesel cars, especially since…