This is an op-ed by Sir Niall Ferguson, Milbank Family senior fellow at the Hoover Institution, Stanford University; and Moritz Schularick is president of the Kiel Institute for the World Economy.
German Economy Minister Katherina Reiche said on Monday that the government has approved the takeover of specialty plastics manufacturer Covestro by UAEâs state-owned energy company ADNOC.
Meanwhile, Polandâs defence chief WĆadysĆaw Kosiniak-Kamysz said that the army would examine 120 kilometres of the Warsaw-Lublin-HrubieszĂłw line, which links the capital to Ukraine by rail and road.
The Western Balkan country is expected to conclude accession talks by the end of 2027, putting it on track to become a member of the EU by 2030. Following Russiaâs invasion of Ukraine, the EU has injected momentum into negotiations, calling it a geopolitical imperative.
Activist investor Cevian Capital, which has a sizeable stake in UBS, said in September that the proposed Swiss capital changes would make it ânot viableâ to run a large international bank from the country. It added that UBS would have âno other realistic optionâ but to leave Switzerland if the proposals were not watered down.
Automotive Cells Company, the Stellantis-TotalEnergies-Mercedes JV, may drop its planned Termoli gigafactory after 20â25% higher costs at its Douvrin pilot plant. Stellantis now pivots to CATL-backed LFP cell production in Zaragoza.
China has financed tens of billions of poundsâ worth of investment in UK businesses and projects this century, some of which gave it access to military-grade technology, BBC Panorama has learned.
Unite blamed pressures on automotive parts suppliers from weak demand hitting car manufacturers during the transition away from internal combustion engines to electric vehicles.
Taiwan and Poland have signed a memorandum of understanding (MOU) on economic cooperation at the 13th bilateral economic and trade consultation conference in Wroclaw, Poland, the Ministry of Economic Affairs (MOEA) said on Saturday.
âIn this federal government, we are no longer pursuing climate policy against industry. We are pursuing it with industry,â Merz said at a meeting of his conservative blocâs youth wing in the south-western German town of Rust on Saturday.
Lithuanian Minister of Foreign Affairs Kestutis Budrys on Monday lauded his countryâs good relations with Taiwan, and said he hoped to expand cooperation and build âstrategic partnershipsâ with Taiwan amid increasing threats from authoritarian regimes.
*Joint ventures between Scottish and Chinese universities have proved lucrative â but controversial, prompting concerns about the involvement of the authoritarian state.*
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