Some are expanding in China, reluctant to leave a huge market they need to finance operations back home.
Category: Europe
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Airbus to Double Production in China as It Moves Ahead With New Orders
The French plane maker’s deal comes despite pressure on Europe from the Biden administration to isolate Beijing.
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New Zealand’s Soccer Team to Wear Dark Shorts, Citing Period Concerns
The women’s soccer team said its players would not wear white shorts at the World Cup this summer, acknowledging the anxiety that some players had expressed about period leaks.
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Aesop, a Skin Care Company, Will Be Acquired by L’Oréal
L’Oréal, the French cosmetics giant, said it would help Aesop, an Australian luxury brand with a cult following, expand in China.
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As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution
Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.
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Germany and E.U. Agree to Exception in Planned Ban on Combustion Engines
Berlin has been pushing to allow the sale of vehicles running on synthetic fuels past 2035. Its dispute with the E.U. threatened the bloc’s climate goals.
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Meta Manager Was Hacked With Spyware and Wiretapped in Greece
Artemis Seaford, a dual U.S.-Greek national, was targeted with a cyberespionage tool while also under a wiretap by the Greek spy agency in a case that shows the spread of illicit snooping in Europe.
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Stock Markets Tumble as Bank Fears Go Global
Shares fell sharply, with banking stocks taking a beating, as Tuesday’s rally quickly faded.
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Biden and E.U. Leader to Discuss Ukraine and Trade Spat
President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.
