Porsche shares plunge after announcing EV rollout delay
Porsche’s stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV) rollout will dent the carmaker’s…
Category: EUROPE
Morocco Celebrates Expansion Milestones in Casablanca Port Complex
As Morocco pushes ahead with expansion of its maritime infrastructure, last week the country launched several development initiatives in Casablanca port complex. The launch event…
Iraq Eyes Mega Project to Channel 20% of Asia-Europe Trade
Iraq aims to channel a fifth of Asia-to-Europe trade through its southern Grand Faw port and the Development Road project, Prime Minister Mohammed Shia al-Sudani…
Hybrid planes are coming
An aviation rarity touched down in the Norway’s second city of Bergen earlier this month. Alia had flown 100 miles (160km) in 55 minutes on…
Apple steps up war of words with European regulators
“Bureaucrats in Brussels” are unfairly challenging Apple’s closed ecosystem and denying users the “magical, innovative experience” that makes the firm unique, Apple said. “We have…
European airport disruption continues after weekend cyber-attack
Flight disruption across Europe is set to continue, with Brussels airport in Belgium asking airlines to cancel nearly half of their flights on Monday. Several…
GSK pledges $30bn US investment as UK’s pharma woes deepen
British pharmaceutical firm GSK has pledged to invest $30bn (£22bn) in research and manufacturing in the US over the next five years. Announced at the…
Peregrine Hydrogen and OCP Group Forge Major Partnership in Morocco
There’s something special about the wind-whipped plains near Khouribga—far from being just another mining hub, Morocco’s phosphate basin is morphing into a green energy epicenter. It all…
Meta, TikTok Win Challenge against EU Tech Fees, Forcing Regulators to Recalculate
Meta Platforms and TikTok on Wednesday won a legal challenge to the way EU regulators calculated a supervisory fee imposed on them under landmark tech…
Cuts to US Oil Jobs and Spending Threaten Output Growth
The US oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in…