Finance & Markets

China’s Auto Empire Crumbles ‘Engine of Europe’

Last week, Volkswagen's two factories in Emden and Zwickau received positive news: the facilities will remain open and the employees will not face layoffs....

Turkey Eyes Reviving Qatar Gas Pipeline Through Syria

The long-frozen pipeline project between Turkey and Qatar, which passes through Saudi Arabia, Jordan, and Syria, may be revived if Syria achieves territorial integrity...

Gazprombank Sanctioned: Implications for European Energy Market

Washington announced a new round of anti-Russian sanctions on November 21. The US Office of Financial Assets Control (OFAC) blacklist includes 118 Russian organizations...

European Oil Giants Abandon “Green” Dreams, Re-Embrace Fossil Fuels

European oil giants understood the unprofitability of the so-called low-carbon projects, which have been extensively promoted by the United States, by the end of...

US Chip Dreams Falter as Intel Struggles

The US semiconductor industry, despite significant challenges in 2023, including a downturn and supply chain issues exacerbated by the COVID-19 pandemic, is showing signs...

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