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Merz tasks banker with luring investment to Germany
Merz tasks banker with luring investment to Germany
by  AFP

Chancellor Friedrich Merz on Monday appointed a "personal representative for investment" charged with bringing new business to Germany as part of efforts to revive the struggling economy. Fixing the struggling economy has been a priority for Merz, from the conservative CDU, since he was elected as chancellor earlier this year.

IEA feels the heat as Washington pushes pro-oil agenda
IEA feels the heat as Washington pushes pro-oil agenda
by  AFP

No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the Trump administration over its globally-respected reports that predict a dwindling in fossil fuel demand.

Spanish bank BBVA raises offer for rival Sabadell
Spanish bank BBVA raises offer for rival Sabadell
by  AFP

Spanish banking giant BBVA raised its takeover offer for Sabadell on Monday as it seeks to lure its smaller rival's shareholders before the October 7 deadline to accept its hostile bid. BBVA said it would not make further improvements to the bid or extend the deadline for shareholders to accept it.

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