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BRUSSELS (Reuters) – The European Commission on Wednesday proposed making available 100 billion euros ($104.94 billion) to support EU-made clean manufacturing as part its landmark Clean Industrial Deal. The deal is a key pillar of its competitiveness plan, designed to support energy-intensive industries facing high costs and heavy bureaucracy as they challenge for market share …

European Commission proposes mobilising 100 billion euros for EU-made clean tech Read More »

By Olena Harmash, Tom Balmforth and Yuliia Dysa KYIV (Reuters) -President Volodymyr Zelenskiy said on Wednesday the success of Ukraine’s minerals deal with Washington hinged on his looming talks with President Donald Trump, as the text of the agreement showed the Americans had offered no firm security guarantees. The deal is at the heart of …

Zelenskiy says US minerals deal success hinges on Trump talks Read More »

By Aleksandar Vasovic BELGRADE (Reuters) – Russia’s Gazprom Neft transferred stakes of around 5.15% in Serbia’s NIS oil company to Gazprom, in an attempt to ward off U.S. sanctions that could result in crude supply cuts for the Balkan country. The U.S. placed sanctions on Russia’s oil sector on January 10, and gave Gazprom Neft …

Gazprom Neft cuts stake in Serbia’s NIS as US sanctions loom Read More »

By Giulio Piovaccari MILAN (Reuters) -Stellantis gave a cautious outlook for 2025 after its annual results took a hit from a slump last year in its U.S. business that led to the ousting of Carlos Tavares as CEO. The group expects a return to revenue growth and positive cash generation this year along with steady …

Stellantis cautious on turnaround time as it searches for new CEO Read More »

By Kate Abnett BRUSSELS (Reuters) – The European Commission on Wednesday proposed looser environmental and corporate sustainability rules for a large majority of businesses in Europe, responding to criticism that EU red tape hinders competitiveness with foreign rivals. Businesses and Germany and France have demanded change. However, the move has dismayed environmental campaigners and some …

Factbox-What’s inside the EU’s ‘Simplification Omnibus’ on sustainability rules Read More »

By Matthias Inverardi BERLIN (Reuters) – UniCredit has asked German antitrust authorities to approve its move to take a substantial stake in Commerzbank, another key hurdle for the Italian bank to overcome as it pursues a possible takeover of the German lender. UniCredit has built a web of financial transactions to secure a Commerzbank stake …

German antitrust watchdog weighs UniCredit move on Commerzbank Read More »