Author

 
David Gow

David Gow

    EU embarks on job-creation offensive
    EU embarks on job-creation offensive
    The European Union will launch plans this week to invest €50-billion in modernising digital, energy and transport networks, creating hundreds of...
    Europe's innovation woes deepen
    Europe's innovation woes deepen
    Philips, the Dutch electronics group, underscored on Monday the harsh prospects for European industry by cutting 4 500 jobs as part of an...
    BMW staff tighten their belts
    BMW staff tighten their belts
    BMW is slashing boardroom pay by 40%, executive pay by a third and employee wages and salaries by 10% in an effort to preserve cash and retain its...
    Bank pledges bail-out billions
    Bank pledges bail-out billions
    The European Investment Bank (EIB), the European Union's main source of long-term lending, pledged last week to lend more than €7-billion to the...
    Toyota workers face three-day week
    Toyota workers face three-day week
    Toyota, the world's biggest carmaker, is considering plans to put its European workforce on a three-day week, as it forecasts the biggest sales...
    Energy revolution needed
    Energy revolution needed
    The International Energy Agency (IEA) this week called for an energy revolution and a "major de-carbonisation" of global fuel sources as the world...
    Germans gloomy as recession looms
    Germans gloomy as recession looms
    German corporate and consumer confidence sank to new lows last week, hastening fears that Europe's biggest economy is sliding into a deep recession. The gloomy outlook pushed the euro down to a six-month low against the dollar....
    Swiss bank to cut 5 500 jobs
    Swiss bank to cut 5 500 jobs
    UBS, the Swiss bank that has been Europe's biggest casualty of the credit crunch, is to axe 5 500 jobs.
    Microsoft's failed appeal start of a trend?
    Microsoft's failed appeal start of a trend?
    The European Commission got the green light from Europe's second-highest court last week to pursue even more high-profile antitrust actions against...
    Germans in charge
    Germans in charge
    Last week France and Germany abandoned the dual-nationality management structure at Eads, the owner of Airbus, in an attempt to turn the struggling...
    EU warns of global climate chaos
    EU warns of global climate chaos
    The European Commission this week stepped up the European Union's campaign to lead the fight against climate change by warning that global warming...
    Football bounce for Germany
    Football bounce for Germany
    The mainland European economy, buoyed by a resurgent Germany, is expanding at its fastest rate for six years, outstripping the United Kingdom and...