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BERLIN (Reuters) -Germany and Canada agreed on Tuesday to deepen cooperation on critical minerals amid growing global concern over China’s export curbs and Berlin’s push to reduce dependence on single sources. Critical minerals like lithium, rare earth elements, copper, tungsten, gallium, germanium, and nickel are vital for Canada and Germany’s defence systems, clean energy technologies, …

Germany, Canada to deepen critical minerals cooperation in supply chain push Read More »

BERN (Reuters) -Faced with a strong Swiss franc and a drop in U.S. business due to tariffs, 31% of Swiss mechanical and electrical engineering companies plan to transfer some operations to the European Union, industry association Swissmem said on Tuesday. Switzerland was this month hit with one of the highest U.S. tariff rates worldwide – …

One-third of Swiss engineering firms plan shift to EU, survey finds Read More »

BERLIN (Reuters) -The downturn in German industry is picking up speed, with almost a quarter of a million jobs lost in the sector since 2019, according to an EY study released on Tuesday. German industrial firms generated revenue of over 533 billion euros ($623.98 billion) in the second quarter of 2025, down 2.1% year on …

German industry sheds almost 250,000 jobs in worsening downturn, study shows Read More »

OSLO (Reuters) -Telenor’s Finnish subsidiary KNL said on Tuesday it is seeing rising demand in the coming years for its encrypted portable radio units from NATO countries looking to boost battlefield communications. Earlier this month, KNL announced a joint procurement of more than 15 million euros ($17.6 million) by the Finnish and Swedish armed forces …

Telenor’s KNL sees growth in military radio demand Read More »

A look at the day ahead in European and global markets from Rocky Swift Markets like it when central banks can steer economic policy without political meddling, and they prize data that matches reality. That faith has helped global shares climb to successive record highs this month, but it was shaken again by U.S. President …

Morning Bid: Markets ask again of Trump: ‘Can he do that?’ Read More »

DUBLIN (Reuters) -Irish consumer sentiment recovered in August from a near two-year low as concerns about the impact of tariffs on European Union exports to the United States appeared to ease, a survey showed on Tuesday. The Credit Union Consumer Sentiment Survey improved to 61.1 in August from 59.1 in July. The reading is below …

Irish consumer sentiment improves slightly in August Read More »