banner https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4

The Agonizing Task of Turning Europe’s Power Back On

“You should be anticipating every failure that can happen, and you should survive any one of them,” Cuffe says. From the control room, engineers should be able to tell what parts of the grid are definitely functioning so they won’t be flying blind—but it will still take time. “Even with a completely healthy grid, to … Read more

Europe’s Devastating Power Outage in Photos

Grounded subways, canceled flights, stores, hospitals, and offices completely in the dark: This is the situation following the vast blackout that hit Spain, Portugal, and some regions of southern France. The power grid was sent down around noon local time on Monday, simultaneously blocking all public services in major Spanish cities. The restoration of the … Read more

Europe’s far right at odds over Trump tariffs

The havoc unleashed by Donald Trump’s trade war has divided Europe’s far-right parties that have courted his Maga movement. Alice Weidel, one of the leaders of Alternative for Germany (AfD), described the US president’s moves as “far too aggressive and self-defeating”. The former Goldman Sachs analyst said that the so-called reciprocal tariffs — which Trump … Read more

CFO of SAP, Europe’s most valuable company, hopes trade war is a ‘wake-up call’ for the continent

Late in March, German software giant SAP caught the world’s attention when it overtook Novo Nordisk and LVMH as the most valuable company in Europe. Ask SAP’s CFO about this novel numerical feat, though, and you’re unlikely to be greeted with much fanfare. “We might be big in European terms, but frankly, against our most … Read more

U.S. still Europe’s most trusted ally, Polish finance minister says

Polish Minister of Finance Andrzej Domanski on January 21, 2025 in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images The U.S. remains Europe’s most important ally, Poland’s finance minister told CNBC Tuesday, saying it was crucial for the bloc to find areas where it can increase trade and cooperation. He highlighted defense … Read more

German bonds rise with euro as investors head for Europe’s haven

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The simultaneous surge in the euro and German government bonds this month suggests a “capital flight” to Eurozone’s benchmark debt as a haven from trade war turmoil, say investors. German bonds and the euro typically … Read more

UBS loses crown as continental Europe’s most valuable bank to Santander

A Santander office building in London. Luke MacGregor | Bloomberg via Getty Images Spanish lender Banco Santander has eclipsed Swiss giant UBS as continental Europe’s largest bank by market capitalization, as U.S. tariffs ripple through the region’s bruised banking sector. UBS — whose share took a deep tumble after the April 2 announcement of U.S. … Read more

Santander deposes UBS as continental Europe’s most valuable bank

Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. Santander has overtaken UBS as continental Europe’s most valuable bank after Donald Trump’s tariff-induced market rout hit the Swiss lender harder than peers. UBS’s shares have slumped nearly 15 per cent since the US president … Read more

Hermès leapfrogs LVMH to become Europe’s most valuable luxury company after the Louis Vuitton owner reported downbeat results

Hermès overtook rival luxury purveyor LVMH after the Bernard Arnault-run company reported a lackluster start to 2025 with a drop in sales.  Hermès’ market capitalization eclipsed LVMH’s on Tuesday morning by around €210 million, making the Birkin bag maker the most valuable luxury company in Europe, and on France’s CAC40 index. As of 11.30 a.m. … Read more

Europe’s billionaires—who pay their family office CEOs $370,000 a year—are worried they can’t find the talent to manage their fortunes

Europe’s ultra-high-net-worth families are moving fast to get their affairs in order ahead of the Great Wealth Transfer, but the biggest challenge to handing over their fortunes is an apparent lack of available workers keen to take a pay cut to manage their billions. A report by HSBC Global Private Banking and Campden Wealth looked … Read more

banner banner https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4