
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