Business and Economy

Business and Economy Latest News

German MPs approve 50 bn euros in military purchases
German MPs approve 50 bn euros in military purchases
by  AFP

German lawmakers Wednesday approved about 50 billion euros ($59 billion) in military purchases, as Berlin accelerates defence spending in the face of a hostile Russia and signs of weakening security commitments from Washington.

EU's Mercosur trade deal hits French, Italian roadblock
EU's Mercosur trade deal hits French, Italian roadblock
by  AFP

EU plans to seal a vast trade deal with South American bloc Mercosur this week were thrown into disarray Wednesday as Italy joined France in demanding more time to sign off on it. Paris had already thrown a spanner in the works by calling this week for a delay to the vote, demanding robust safeguard clauses, tighter import controls and more stringent standards for Mercosur producers.

Energy

Money

Industry

Technology

Economy