Swedish Landlord SBB Gets Second Junk Rating as Crisis Worsens
Pressure is mounting on the landlord at the center of Sweden’s property crisis after the company’s credit rating was downgraded to junk for a second time.
Pressure is mounting on the landlord at the center of Sweden’s property crisis after the company’s credit rating was downgraded to junk for a second time.
Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape such a fate after the war in Ukraine sent energy prices soaring.
Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the central banker in charge of western Europe’s most aggressive monetary tightening campaign.
China said it has agreed with South Korea to strengthen dialogue and cooperation on semiconductor supply chains, amid global tensions over chip technology and supplies.
The Advertising Standards Authority is requiring companies to change or take down advertisements for being misleading on climate claims.
Twitter exited the voluntary European Union’s Code of Practice on Disinformation, the bloc’s Internal Market Commissioner Thierry Breton said.
As extreme weather wreaks havoc on crops in the Americas and North Africa, Europe’s breadbasket is thriving, with ample wheat harvests keeping global food costs under control.
Gay British soldiers were subjected to electric shock treatment in an effort to “cure” them of their homosexuality, according to a damning investigation into historic homophobia in the UK armed forces.
Leaders and companies in Europe’s biggest markets are increasingly balking at the ambitious pace of the continent’s green push as they confront the massive costs associated with economic transformation.
(Bloomberg) — The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about President Emmanuel Macron’s efforts to spur growth and reduce a crisis-swollen debt burden.