Author: Euronews

Tesla’s shares have seen a fall of nearly 30% in the first quarter because of growth bottlenecks. As analysts revise down estimates of Q1 earnings, an upside surprise may present a chance to rebound. Conversely, a miss on the expectation may exacerbate the downward pressure. Source link

The consultancy giant is planning for another series of lay-offs following a pandemic hiring boom. Source link

Sales of Volkswagen electric vehicles in Europe fell by almost a quarter in the first three months of the year as consumers returned to petrol. Source link

The French lender said the sale was part of a strategy to simplify its business under chief executive Slawomir Krupa. Source link

This article was originally published in French Under the aegis of the Vice-President of the European Commission, almost all the political parties in Parliament signed a code of conduct for the EU elections. ADVERTISEMENTFor Věra Jourová, all the tools are needed to strengthen public confidence in Europe’s political institutions, which have been hit in recent months by foreign corruption scandals such as Qatargate and Russiagate.”These scandals, which you mentioned, have really created a high level of mistrust. There is something rotten in Brussels. I’ve heard it said in many places that people don’t know the difference between the European Parliament and…

German and French inflation numbers both fell in March, primarily due to declining food and energy prices, leading to more hopes of inflation soon returning to the ECB’s 2% target. ADVERTISEMENTGermany’s year-on-year inflation for March 2024 was released on Friday morning, clocking in at 2.2%, according to the Federal Statistical Office. This was a step down from February’s 2.5%, while also being the lowest figure since May 2021.This was mainly due to food inflation seeing the first decline since February 2015, sliding to -0.7% in March, from 0.9% in the previous month. Similarly, energy prices also fell at a faster…

The final details of the EU’s post-Brexit relationship with the UK regarding Gibraltar are being shaped following a high-level four-way meeting. Source link

Issuing a loan could bring tens of billions for Ukraine to finance its defence, according to the US. ADVERTISEMENTA new US proposal suggests that Ukraine could have tens of billions of euros through issuing a bond or a loan, secured against frozen Russian assets held in the EU, reported the Financial Times. The war is now in its third year without a clear end in sight. Kyiv is in need of an additional €34.45 billion to finance its defence in 2024. While EU leaders have recently agreed on €50 billion of financial support for Ukraine until 2027, additional US and EU aid is getting increasingly…

A unanimous vote by legislators belies divisions over the wisdom and practicality of the policy. ADVERTISEMENTRomania has announced a ban on gambling venues in small towns and villages with populations of less than 15,000 residents.What’s known as the “law of slot machines” was passed by deputies in the lower house of parliament.”It is the first law adopted in Parliament in 30 years against this mafia that has controlled the political world until now,” said Alfred Simonis, the leader of the Social Democrats.”Right now we are fighting an industry that has a total turnover of €10-12 billion.”Industry figures complain they were…

Adnoc’s takeover bid for BP is the latest in a string of acquisition bids for energy companies, such as ExxonMobil’s agreement to purchase Hess Corporation. Source link