Author: Euronews

France’s defence minister received his German counterpart on Friday to ink a deal between the two countries to build a next-generation battle tank. Source link

Tesla’s shares surged by more than 10% despite a miss on the first-quarter earnings estimates as CEO Elon Musk signalled that the cheaper version of electric vehicles (EV) would arrive earlier than expected. ADVERTISEMENTTesla reported its first-quarter (Q1) earnings results that significantly missed analysts’ expectations. However, the company’s shares jumped more than 10% in after-hours trading in the US as CEO Elon Musk indicated that the mass production for affordable EVs would possibly be launched sooner than expected. He also expressed optimism towards the energy storage expansion and the development of AI training for self-driving.Tesla posts the deepest revenue drop in…

The 9th legislature of the European Parliament has come to an end. We recap the scandals that marred the mandate, but also preview the debate around the 20th anniversary of the EU’s biggest enlargement. Source link

President Macron’s government embarks on a tape-cutting crusade to support overburdened companies and boost growth. Source link

Scores of protesters on Friday occupied the central campus building of Sciences Po and dozens of others blocked its entrance. Source link

The risk of sovereign credit downgrades is increasing for France and Belgium, as both countries contend with escalating fiscal deficits and debts. Scope Ratings emphasised Europe’s post-crisis fiscal strain, underscoring the urgency for actions. Source link

As a mandate riddled with allegations of corruption, undue influence and misconduct among EU lawmakers draws to an end, the European Parliament has tried to push through reforms designed to bring the next chamber in line. Source link

Declining natural gas revenues dampened the company’s performance in the first quarter of 2024, with earnings down 22%, however its resilient oil business helped cap losses. Source link

Uncertainty and ‘polycrisis’ call for more use of foresight methods, not less. Being guided by the wealth of evidence available is the best way for the EU to set an agenda for a secure, prosperous, and sustainable future, Elizabeth Dirth and Jonas Gissel Mikkelsen write. Source link

The two tech giants – Alphabet and Microsoft – report strong quarterly earnings that surpass market expectations, propelling their stocks to soar. Investors maintain optimism toward their respective core businesses, which have been powered by the advance of AI. Source link