Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth…
Drone sightings, threats and an arms race raise spectre of war. After nearly four years of war between Kyiv and Moscow, fighting is heating up on the front lines of eastern Ukraine. But with drones spotted at sensitive sites across the European Union, its leaders have declared Russia is fighting a hybrid war beyond Ukraine’s…
European aerospace groups unveiled a preliminary deal on Thursday to pool their loss-making satellite manufacturing activities, combining forces after months of negotiations to counter the runaway growth of rivals led by Elon Musk’s Starlink. The keenly awaited deal between Airbus, Thales and Leonardo would create a new venture starting from 2027, subject to approval by…
President Museveni has called on European countries to take advantage of their proximity to Africa and increase investments on the continent for mutual economic growth and prosperity. Speaking during a meeting with a high-level Austrian delegation on the sidelines of the 19th Ministerial Meeting of the Coordinating Bureau of the Non-Aligned Movement (NAM) at Speke…
It’s that time of the year when the CNBC International team gets to cross the Atlantic for a full week of coverage from Washington, D.C. While we may be on American soil, Europe will take center stage as we speak to central bank governors and finance ministers from across the continent who are attending the…
Binesh George, CEO and co-founder, Redvine. SD-WAN and networking service provider Redvine Networks is banking on its success in Africa to help cement its expansion into Europe and the offer of a viable alternative to traditional network providers. SD-WAN integrates edge, gateway and orchestrator technologies to ensure the optimal delivery of data between organisations and…
BMW South Africa CEO Peter van Binsbergen South Africa and Europe should collaborate on building an alternative “value chain” for electric vehicle components such as batteries to reduce dependence on China, the CEO of BMW South Africa said, calling for a national-level strategy. South Africa, which accounts for 51% of Africa’s vehicle output, is seeking…
Danish Prime Minister Mette Frederiksen has warned that Europe must arm itself to respond to Russia’s hybrid warfare. “I hope that everybody recognises now that there is a hybrid war and one day it’s Poland, the other day it’s Denmark, and next week it will probably be somewhere else that we see sabotage or we…
Rachel Hagan & Ruth Comerford BBC News Reuters A major blaze in Turkey forced hundreds from their homes A scorching heatwave is fuelling dozens of wildfires across parts of southern Europe, forcing thousands of people from their homes and pushing temperatures above 40C (104F). Red heat alerts have been issued in parts of Italy, France,…
It’s the bilateral summit every European leader wants to be at. And for good reason. On Friday, Donald Trump is scheduled to meet Vladimir Putin in Alaska to discuss ending the war in Ukraine. Territorial concessions will likely be discussed, and Europe (not least Ukraine) doesn’t want its borders to be redrawn through force. But,…
