Western sanctions on Russia begin to bite
As the Bank of Russia says ‘the volume of banknotes ready for loading into ATMs is more than sufficient’
Hyundai to super charge its electric vehicle production
As it eyes taking 7% share of the EV market
AustralianSuper to boost UK and European investment
With real estate and infrastructure opportunities key attractions
Toyota cuts production target over semiconductor shortage
As EU unveils ‘game changer’ European Chips Act
Facebook unfriends its own cryptocurrency
‘It became clear from our dialogue with federal regulators that the project could not move ahead’
European Commission endorses fossil fuels as ‘transition’ fuel
Damaging the symbolic power of the EU taxonomy, one critic says
EC launches CASSINI space fund
‘Game changer’ fund will mean start-ups looking to scale won’t need to turn to non-EU investors
Fintech investment in Europe surged in 2021
But investors are backing ‘cockroaches’ and not unicorns
Intel to bring semi-conductor development to Europe
As dearth of microchips causes huge slowdown in high-end industries, globally
DAX flutters indicate shaky German economy
Adding another headache to new chancellor Scholz who is battling anti-vaxxers and rising tensions in Ukraine
How Covid-19 shifted insurer investment strategies
74% expect portfolio illiquidity to increase in the next year-and-a-half.
European energy efficiency strategy called into question
‘Projects will deliver on a modest contribution to the EU’s objectives’
Credit Suisse chair resigns over covid rule breaches
Axel Lehmann will replace him
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