Author: Euronews

Consumers in Europe appear not to want to increase their spending despite the slowing inflation in Europe, the latest retail sales figures suggest. Source link

Almost half of Europeans have a positive opinion of Ukrainian President Volodymyr Zelenskyy but the feeling varies wildly across member states. Source link

Lower-than-expected demand for German manufacturing suggests dark days may still lie ahead for the country’s industry. ADVERTISEMENTGermany’s factory orders were up 0.2% in February, a monthly increase that fell short of experts’ forecasts.A Reuters poll of analysts had estimated an increase of 0.8%, whilst Bloomberg had predicted a jump of 0.7%.According to Germany’s official statistics agency, this marginal uptick was driven by increased demand in the machinery and equipment sector (+10.7% on the previous month), and more orders within the chemical (+3.1%) and pharmaceutical (+6.6%) industries.February’s growth figure comes after a dramatic monthly fall of -11.4% in January, although the…

We will continue to the bitter end of this battle, begun five years ago, to defend workers’ rights and the environment in the face of multinationals’ crimes, MEP Manon Aubry writes. Source link

A delayed timeline for interest rate cuts has pushed up mortgage costs, holding back buyer demand. ADVERTISEMENTThe average price of a home in the UK fell by 1% from February to March, said Britain’s biggest mortgage lender, Halifax, on Friday.Last month’s drop, the first recorded since September, comes after a 0.3% rise seen in the month to February.March’s figure was up 0.3% year-on-year, much lower than the 1.45% annual rise expected by economists polled by Reuters.A typical UK home now costs £288,430 (€336,298), around £2,900 (€3,381) less than last month.”The housing market remains weak on the back of a prolonged…

Taiwan’s 3 April earthquake has led to increased calls for Europe to reduce dependence on Taiwanese semiconductor chips. Source link

Turkey’s March inflation figure came in lower than analyst estimates, but was still higher than February’s, because of higher transport and housing prices. ADVERTISEMENTTurkey is still grappling with stickier-than-anticipated inflation, with March 2024’s year-on-year inflation print coming in at 68.5%, according to the Turkish Statistical Institute. This was the highest reading since November 2022, although slightly less than analyst expectations of 69.10%. However, it was still more than February’s 67.07%.The increase in March’s inflation number was mainly due to transport inflation increasing to 79.92% from 77.98% in the previous month, as well as utilities and housing prices rising 51.17% from 49.07%…

AI and digitalisation are crucial for the necessary energy transition and to lower CO2 emissions, says the CEO of Schneider Electric, which is launching new solutions at its Innovation Summit in Paris. Source link

Volvo Cars saw robust sales in March 2024, boosted by the growing popularity of their fully electric and plug-in hybrid models. Source link

This state-of-the-art space is an ideal meeting point for scientists, students and entrepreneurs. From an old railway station to a hub of knowledge and science, Lisbon’s Técnico Innovation Centre is a multi-purpose event space, boasting a 24-hour study space, exhibition areas and conference rooms.”The old station was converted into an open forum for the city as well as those studying at the Instituto Superior Técnico and the University of Lisbon. We tried to maintain its image and combined new materials with efficient bioclimatic technologies,” Miguel Amado, a professor at the Instituto Superior Técnico (IST), told Euronews.The Arco do Cego station was first opened…