The commercial supply of these products is expected to begin in 2027 and continue until 2032
During the meeting, Goyal also emphasised the 'need to address long-pending issues as a confidence-building measure'
The ECB has been easing policy as inflation worries largely evaporate and the debate shifts to whether it is cutting rates fast enough to support an economy that is lagging global peers
Even before the French and German governments collapsed, Europe's economy had enough difficulties. Tepid growth and lagging competitiveness versus the US and China. An auto industry that's struggling. Where to find billions for defense against Russia? And now Donald Trump threatening tariffs. Solutions will be harder to find while the two countries that make up almost half of the eurozone economy remain stuck in political paralysis well into 2025. Where once there was the so-called French-German axis to push Europe ahead, now there's a vacuum. French Prime Minister Michel Barnier resigned Thursday after losing a vote of confidence, and while President Emmanuel Macron will appoint a successor, the new head of government will lack a majority. Elections are not constitutionally permitted until at least June. Germany's coalition led by Social Democratic Chancellor Olaf Scholz with the Greens and pro-business Free Democrats fractured in November, triggering an early election on Feb. 23.
Companies across Europe are being forced to freeze hiring or cut jobs on difficult economy and persistent weak demand for many products
Speaking on Wednesday at an event hosted by the Atlantic Council in Washington, she described how policymakers have seen consumer-price growth weaken from a peak above 10%
Speaking on Wednesday at an event hosted by the Atlantic Council in Washington, she described how policymakers have seen consumer-price growth weaken from a peak above 10%
Bank share prices have broadly delivered a double-digit rise this year, driven by stock buyback programmes
The euro loitered around two month lows and last fetched $1.0887 in early trading ahead of the European Central Bank's policy meeting on Thursday, where the central bank is largely expected to cut
Meantime, inflation in Tokyo - a leading indicator of the national data due in September - picked up speed in August, supporting the case for the Bank of Japan to continue raising rates
Roznov was best known for its rum-drizzled sweet pies and open-air museum showing off historical wooden houses, then US chipmaker ON Semiconductor picked it for a new $2 bn manufacturing hub in June
Sterling rose modestly against the US dollar after the data
Cities across the globe are reaping economic benefits as consumers splurge on experiences and live entertainment
Under current EU regulations, packages purchased online from a non-EU country are not subject to customs duties if their value is under 150 euros
India's interest in trade and economic partnership with EFTA countries stems from the expertise of affluent member-nations in precision technology, and India's appetite for foreign direct investment
The other key emerging markets, the survey said, are southeast Asia, where 60 per cent of the respondents were willing to put in 50 per cent more investment in the next three years
With the addition this year of Sweden and last spring of Finland to the North Atlantic Treaty Organisation, the Baltic Sea has been dubbed a 'Nato lake' by some analysts
Air France-KLM said it would tighten spending for the rest of the year, including a freeze on hiring support staff and a vow to stabilise operations, particularly at carrier KLM
Economists broadly expect activity to pick up over the course of the year as lower inflation boost consumers' purchasing power and interest rate cuts fuel an increase in investment
The EU faces new challenges from massive US subsidies drawing in investment and China's domination of new tech supply chains, on which it is dependent