Page 18 - Europe

Global EV sales jump 25% in 2024 as China leads and Europe stabilises

Incentives and emission targets pushed EV sales in China and aided Britain in overtaking Germany as Europe's biggest battery-electric market in 2024

Europe threatens to trigger a global scramble for natural gas supplies

While Europe has enough gas reserves to get through this winter and prices have eased since the start of the year, inventories are being eroded by cold weather

Trump's words on borders ring alarms in Europe, but gets guarded response

President-elect Donald Trump has tossed expansionist rhetoric at US allies and potential adversaries with arguments that the frontiers of American power need to be extended into Canada and the Danish territory of Greenland, and southward to include the Panama Canal. Trump's suggestions that international borders can be redrawn by force if necessary are particularly inflammatory in Europe. His words run contrary to the argument European leaders and Ukrainian President Volodymyr Zelenskyy are trying to impress on Russian President Vladimir Putin. But many European leaders who've learned to expect the unexpected from Trump and have seen that actions don't always follow his words have been guarded in their response, with some taking a nothing-to-see-here view rather than vigorously defend European Union member Denmark. Analysts, though, say that even words can damage US-European relations ahead of Trump's second presidency. A diplomatic response in Europe Several officials in Euro

Musk holds discussions with Germany's 'far-right' leaders ahead of polls

Tech billionaire Elon Musk live-streamed a chat with a leader of Germany's far-right party on Thursday, using the power of his social media platform, X, to amplify its message ahead of an upcoming national election and raising concerns across Europe about potential meddling by the world's richest man. Musk, who worked last year to help reelect Donald Trump in the United States, told Alice Weidel, a co-leader of the Alternative for Germany party and its candidate for chancellor, that he was strongly recommending that people vote for AfD, using the acronym for the party. The two agreed that Germany's taxes are too high, that there is too much immigration and that it was a mistake for the country to shut down nuclear power plants. More than 190,000 X accounts tuned into the conversation. Musk has previously used X to endorse AfD, and he authored an article for the Welt am Sonntag newspaper, claiming Germany under center-left Chancellor Olaf Scholz is teetering on the edge of economic

Musk takes slash-and-burn style to Europe after bolstering Donald Trump

It's far from clear what his motivations may be in trashing relations with core US allies in fellow Group of Seven nations where he has significant business interests

Abhishek Bachchan to join European T20 Premier League as co-owner

ETPL is a privately-owned franchise tournament in partnership with three member cricket nations-Ireland, Scotland, and the Netherlands

Euro zone economy ended 2024 in fragile state as activity contracted: PMI

Headline index was boosted by the bloc's dominant services sector, whose PMI bounced back above breakeven to 51.6 from November's 49.5, but was weighed down by a sharper decline in factory activity

Will resign after coalition talks fail: Austrian Chancellor Karl Nehammer

His announcement on Saturday came a day after the liberal Neos party withdrew from the negotiations with Nehammer's conservative People's Party (OVP) and the Social Democrats (SPO)

Blinken heads to Asia, Europe on last expected trip as top US diplomat

US Secretary of State Antony Blinken will embark on what is expected to be his final overseas trip in office this weekend, travelling to South Korea, Japan and France. The State Department announced Friday that Blinken would visit Seoul, Tokyo and Paris beginning Sunday. He will return to Washington early Thursday in time to attend the funeral services for former president Jimmy Carter, officials said. In South Korea, which is in the midst of a political turmoil following the impeachment of President Yoon Suk Yeol, and Japan, Blinken intends to highlight the expansion of US cooperation with both nations as part of the Biden administration's Indo-Pacific strategy. That strategy is primarily intended to blunt Chinese ambitions in the region but also to deter the nuclear threat from North Korea. Political developments in South Korea, however, after Yoon declared martial law and was later impeached, have raised questions about the stability of Washington-Seoul relations. The US has tak

Europe, Asia's factories end 2024 on weak footing as Trump 2.0 risks mount

U.S. President-elect Trump has pledged to impose tariffs across the board, with bigger barriers on imports from three major trading partners - Mexico, Canada and China

Asian LNG prices set to increase after Russia-Ukraine transit ends

Ukraine hopes increased supply of gas from the US and other producers to Europe will make prices more comfortable

Montenegro shooting: 10 dead, including family members; suspect on run

Police have launched a manhunt for Martinovic and have blocked all roads in the area to apprehend the suspect

Europe's Russian gas era comes to an end as Ukraine transit stops

Russia's oldest gas export route to Europe - a pipeline dating back to Soviet days - was set to shut at the end of 2024, as a five-year transit deal between Russia and Ukraine expires

South Korea plane crash: Experts flay runway design; airport embankment

All 175 passengers and four of the six crew were killed when a Jeju Air Boeing 737-800 belly-landed and skidded off the end of the runway

Musk berated by German leaders for extending support to far-right party

Musk, a key advisor and major donor to US President-elect Donald Trump, has repeatedly praised the anti-immigrant Alternative for Germany in recent weeks

Elon Musk supports far-right AfD party in Germany through oped piece

Elon Musk, who endorsed Donald Trump's presidential bid in the US election, has also supported far-right political outfits in the UK

Europe braces for Trump's return: Trade, defence, and tech challenges loom

On security, a truly defence-ready Europe still looks a distant prospect even after the biggest full-scale conflict on home soil since 1945

Akums Group signs 200 million euro deal for European market expansion

The commercial supply of these products is expected to begin in 2027 and continue until 2032

Russia says pipeline gas, LNG exports to Europe up by 18-20% in 2024

Russian pipeline gas exports to Europe face serious challenges

Iran denies allegations of using kids to hit Israeli targets in Europe

Esmaeil Baghaei, spokesman for Iran said the allegations, are "absurd, shameful and immoral," adding that Iran "never had a proxy" nor needed one