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Europe Business

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Tesla faces EV market pressure as May sales slide in Europe
Tesla sales fall again in Europe ahead of new Model Y rollout

AMSTERDAM, Netherlands: Tesla saw a sharp decline in sales across several major European markets in May, marking its fifth consecutive...

Mercedes prepares for supply breaks as China delays mineral supply
European car plants halt as China limits rare earth exports

BERLIN/FRANKFURT: Some car parts factories in Europe have stopped production, and companies like Mercedes-Benz are making backup plans...

German cabinet backs major tax relief plan for 2025–2029
Germany approves 46 billion euros in tax cuts to boost investment

BERLIN, Germany: Germany has taken its first significant fiscal step to jumpstart its slowing economy. This week, the cabinet approved...

Australia should stand up for our feta and prosecco in trade talks with the EU
Australia should stand up for our feta and prosecco in trade talks with the EU

Trade Minister Don Farrell has confirmed Australia and the European Union will restart negotiations for a free trade agreement immediately....

EAM Jaishankar interacts with Indian community in Belgium, Luxembourg
EAM Jaishankar interacts with Indian community in Belgium, Luxembourg

Brussels [Belgium], June 10 (ANI): External Affairs Minister S Jaishankar interacted with members of the Indian community in Belgium...

Hungarians wont die for Ukraine Orban
Hungarians wont die for Ukraine  Orban

The prime minister has called for the conflict to be solved diplomatically The people of Hungary have no interest in dying for Kiev...

International

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FSB claims Russian professors linked to British Council espionage
Russia accuses British Council of spying for UK intelligence

MOSCOW, Russia: Russia's principal security agency, the Federal Security Service (FSB), has accused British intelligence of using the...

Australian PM rejects US pressure to ease biosecurity rules
Australia stands firm on biosecurity in trade talks with US

SYDNEY, Australia: Australia will not ease its strict biosecurity rules during trade talks with the United States, Prime Minister Anthony...

Flotilla ship prevented from reaching Gaza, passengers and crew detained
Israeli Navy intercepts Freedom Flotilla ship, detains all on board

The Israeli Navy has intercepted a ship carrying humanitarian aid and a number of activists including Greta Thunberg, Rima Hassan,...

Japan’s 2024 birth rate drops below 700,000 for first time
Japan's births hit record low, deepening demographic emergency

TOKYO, Japan: Japan's demographic challenges intensified in 2024, with the number of births falling to another all-time low—underscoring...

China bureaucrat bottlenecks over rare earths ripple through industry
Few Chinese officials now decide the fate of global EV production

BEIJING, China: A little-known office inside China's Ministry of Commerce has become a powerful chokepoint in the global auto and tech...

WWII heroes visit Normandy, say freedom still worth fighting for
D-day veterans return to Normandy 81 years later to honor freedom

OMAHA BEACH, France: Eighty-one years after the D-Day landings, a small group of World War II veterans has returned to the beaches...