‘They Fire, We Hire’ – Germany Seizes On Silicon Valley’s Gloom
Faced with a tight labor market and a shortage of workers with essential software engineering skills, some German firms are considering thousands of job cuts in Silicon Valley as an ...
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Tag: Europe
ABN Amro Registers Digital Bond On Public Blockchain
ABN Amro has become the first bank in Europe to register a digital bond for a Midcorp client on the public blockchain. Issued to a small group of investors, the ...
Ship Insurers To Cancel War Cover For Ukraine, Russia Starting January 1
Ship insurers said they are canceling war risk cover across Ukraine, Russia, and Belarus, following an exit from the region by reinsurers in the face of significant losses. Reinsurers, who ...
ECB Finds Massive Demand For Cash And Digital Payments
Cash is still the most frequently used means of payment at the point of sale, but its share is continuously dropping based on the latest study on the payment attitudes ...
France May Compel Crypto Platforms To Acquire Licenses
The French Parliament will discuss the amendment that might cancel the favorable treatment of crypto firms, in January 2023. After the global trend of tightening cryptocurrency regulation in the wake ...
Europe Scrambles To Consume Russian Diesel Before Ban Takes Effect
European traders are scrambling to fill tanks in the region with Russian diesel before an EU ban takes effect in February, as alternative sources continue to be limited. The European ...
Jeremy Hunt ‘Preparing New 40% Windfall Tax On Electricity Generators’
Chancellor prepares levy on companies’ ‘excess returns’ to reduce cost of living crisis, according to report Jeremy Hunt is supposedly planning to impose a 40% windfall tax on “excess returns” ...
U.S. Might Avoid Recession In 2023, Europe Still Unlucky – Morgan Stanley
Britain and the eurozone economies are expected to go into recession in 2023, Morgan Stanley said, but the United States might have a lucky escape thanks to a buoyant job ...
Energy Crisis Compromises Europe’s Industrial Strength
Europe expects its industrial companies to save energy amid surging costs and diminishing supplies, and they are delivering - demand for natural gas and electricity both dropped in the previous ...
The World Faces Its ‘First Real Global Energy Crisis’ – IEA’s Birol
Tightening markets for liquefied natural gas (LNG) globally and major oil producers reducing supply have placed the world in the middle of "the first truly global energy crisis", the head ...