HSBC is reportedly considering selling various business units in Germany. HSBC is reportedly considering selling various business units in Germany, particularly those dealing with wealth management, custody, and fund administration.
Tags: Europe
Norway’s Oil Explorer Undergoes Final Checks Before Sailing to Barents Sea Oil Field
The Norwegian oil production tanker Johan Castberg is undergoing final checks before she sets sail for a Barents Sea oil field of the same name by Q4 2024.
Fake Shops Propped by Chinese Scammers Stole Money, Personal Data from Over 850,000 People: Data Analysts
Data analysts from the German cybersecurity consultancy SRLabs said that a large network of fake online designer shops apparently operated from China have stolen money and personal data from over 850,000 people in Europe and the United States.
Berkshire Hathaway's Brooks Running CEO Deems China, Europe as Growth Areas
Brooks Running's newly appointed chief executive has expressed optimism about the potential growth of the business in China and Europe.
Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States.
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Europe sets a historic precedent by enacting the world's first comprehensive artificial intelligence law, aiming to regulate high-risk AI applications with enforcement measures, including fines of up to 7 percent of annual global profits for non-compliance.
Interest in electric vehicles is falling due to several factors, including a lack of charging infrastructure, increasing costs of raw materials, and financing rates.
The European Commission will propose strengthening the EU's armaments industry and entering "war economy mode" in light of Russia's invasion of Ukraine.
Google is facing a 2.1 billion euros ($2.3 billion) lawsuit filed by 32 media organizations in Europe, including Axel Springer and Schibsted, over alleged financial losses due to the company's digital advertising practices.
Renault CEO Luca de Meo urges European industrial nations to counter the threat of cheap foreign electric vehicles, highlighting Europe's passive stance in contrast to US subsidies and Chinese industrial strategies.
According to the station owner HS1, Eurostar may have to limit St. Pancras departures due to biometric border procedures later this year.
The European index rose 3.1% last week to its highest level since January 2022. Investors in Europe's stock markets are bracing for a flood of earnings reports, data releases, and statements from central banks, with the trading getting off to a shaky start this week.
The European Commission has proposed a three-year delay in implementing tariffs on electric vehicles (EVs) traded between the United Kingdom (UK) and the European Union (EU).
The financial system shouold be developing a balance way through banks and non-banks. There are four key dimensions of financial developent.
