Deutsche Telekom has struck a share-swap deal with Softbank Group to increase its stake in US unit T-Mobile and sold its Dutch unit in a major restructuring that strengthens the German group’s transatlantic focus.

German industrial production rose in July after falling for three straight months amid supply chain troubles that held the economy back, data published on Tuesday showed.

Rising eurozone inflation will provide the backdrop for the meeting of European Central Bank governors Thursday, with markets hoping for hints of when policymakers might start easing their massive pandemic-era stimulus.

Leading shipping associations have proposed creating a global levy on carbon emissions from ships to help speed up the industry’s efforts to go greener.

German industrial orders climbed to a new high in July, official data showed Monday, as the economy continued its strong recovery from the coronavirus pandemic.

Top banks in Europe continue to use tax havens to book chunks of profits, a trend that has changed little since 2014 despite country-by-country disclosures becoming mandatory, the EU Tax Observatory said in a report on Monday.

Germany’s revamped IAA auto show, one of the world’s largest, opens in Munich on Tuesday for a celebration of all things car-related, but climate concerns and pandemic woes threaten to spoil the party.

The Italian government of Mario Draghi has opened an inquiry into the sale of a company making high-tech drones for the armed forces to Chinese state-owned investors three years ago, a source close to the matter said.

Spain posted Thursday a record drop in jobless figures in August as the labour market was buoyed by recovery of the tourism sector thanks to a relaxation of pandemic restrictions.

All-you-can-watch video products offered by Vodafone and Deutsche Telekom in Germany violated regional rules on roaming and net neutrality, the European Union’s highest court ruled on Thursday.

Global stock markets rose Wednesday as investors digested upbeat survey data and weighed global recovery against the impact of the fast-spreading Delta Covid variant.

German retail sales fell by far more than expected in July after two months of sharp increases, data showed on Wednesday, in a first sign that a consumer-driven recovery in Europe’s largest economy might be losing steam in the third quarter.

OPEC+ revised up its 2022 oil demand forecast ahead of a meeting of the oil producing group on Wednesday, amid US pressure to raise output more quickly to support the global economy.

Mexico’s economy will grow by 6.2 per cent this year after a deep pandemic-induced recession in 2020, the central bank predicted Tuesday, in the latest upgrade to its forecast.

Australia’s economy expanded more than expected in the second quarter, data showed Wednesday, easing concerns that the country could suffer a double-dip recession as it battles a fresh wave of Covid infections thanks to a pick-up in domestic demand.

Canada’s economic recovery came to a surprise and screeching halt in the second quarter, casting a pall over snap elections called by Justin Trudeau to set a new post-pandemic course for the nation.

The European Commission told the Czech Republic on Monday it would halt the payment of some EU subsidies until the country tightens its laws to guard against conflicts of interest.

The French government has extended 240 billion euros ($283 billion) in financial aid to businesses hammered by the coronavirus pandemic since March 2020, mainly in the form of state-guaranteed loans, Finance Minister Bruno Le Maire announced Monday.

France will turn off the fire-hose of aid to help businesses through the Covid-19 pandemic, instead directing funds where most needed, the government’s accounts chief said on Sunday.

World stocks hovered around record highs on Monday, confident the US Federal Reserve is no rush to step away from massive stimulus, while oil prices fell as Hurricane Ida weakened after forcing precautionary shutdowns of US Gulf oil production.