EU’s Von Der Leyen Announces Green Agenda Expansion at World Economic Forum
Ursula von der Leyen has announced a fresh expansion of the EU’s green agenda during a speech to the World Economic Forum on Tuesday.
industry
Hundreds of British Steelworkers to Lose Jobs as Industry Hamstrung by Green Costs, High Energy Bills
High energy bills and green agenda policies have led to a major British steel producer halting production in Wales and England, laying off around 440 steelworkers.
Crisis Averted? Decrease in German Gas Use will be Down to Business Bankruptcies – Industry Org
Any serious reduction in the use of gas by businesses in Germany will be down to companies downsizing or closing and not attempts to save energy, the head of one industry organisation said.
Energy Bills Could See Up to Six in Ten UK Factories Forced to Close
Up to 60 per cent of factories in the UK are now facing possible closure over a massive surge in their energy bills, a manufacturers’ body in the country has now claimed.
Energy Crisis: German Business Confidence Slumps
German business confidence has fallen more than expected this month, hitting a two-year low amid worries about higher energy prices.
Energy Crisis: Interest Groups Wrestle to Claim Last Remaining Scraps of German Gas Supply
Various groups in Germany are now wrestling over what organisations, individuals and industries will be allowed to use the last scraps of gas left in the country.
Chancellor: UK Does Not Need ‘Deal at Any Price’ with EU, Covid More Economically Significant
Chancellor of the Exchequer Rishi Sunak has said Britain will prosper without a deal with the EU and will not accept one “at any price”, predicting that the Chinese coronavirus will be more economically impactful going into 2021 in any case.
China Announces Investment of ‘Hundreds of Billions of Yuan’ into Key Industry Projects
China is set to invest “hundreds of billions of yuan” into essential manufacturing and technology projects through a joint venture between the country’s industry ministry and the state-backed China Development Bank, the government announced Friday.
German Industrial Production Plunged in April
Berlin (AFP) — Industrial production in Europe’s powerhouse economy Germany fell back in April, official data showed Friday, in the latest sign manufacturers are suffering from global uncertainty and trade wars.
Experts Slash Outlook For German Economy Amid Trade Worry
FRANKFURT, Germany (AP) – Leading German economic institutes have sharply reduced their latest forecast for this year’s growth, citing trade worries, weakening demand from abroad and companies’ difficulty finding workers with the right skills. The fall version of the twice-yearly
U.S. Defence Giant Raytheon Committed to Brexit Britain
LONDON (AP) — U.S.-based defense contractor Raytheon says it remains committed to its operations in Britain, even as other manufacturers warn that they may curtail investment because of delays in negotiations over the country’s departure from the European Union.
