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October, 28, 2016

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Business > Europe
Belgium's political leaders looked Thursday to a new round of talks aimed at resolving differences that have blocked a landmark EU-Canada free trade deal and made a signing summit the same day unlikely.
German business confidence has hit a two-year high, the Ifo economic institute said Tuesday, suggesting the country had shaken off post-Brexit blues, but analysts warned of a possible slowdown ahead.
The German government on Monday said it had withdrawn approval for a Chinese firm to acquire Aixtron, a supplier to the semiconductor industry, amid growing unease over Chinese investment in German companies.
Eurozone business activity picked up strongly in October to a 10-month high, recovering from a dip in September, as economic powerhouse Germany led the way, a closely watched survey showed Monday.
The head of Wallonia's parliament said Monday it would not respect an EU ultimatum to back a massive trade deal with Canada blocked by the Belgian region.
Could Paris, the City of Light, soon become known as the City of Innovation helping propel young entrepreneurs to push technological and business frontiers?
Sweden's environment minister on Saturday urged the European Union to ban petrol and diesel-powered vehicles from 2030.
France warned British Prime Minister Theresa May at her maiden European Union summit that she would face a tough, unyielding bloc if she sought too many concessions during the negotiations to leave the 28-nation EU.
European Central Bank keeps rates at record low
The European Central Bank on Thursday kept interest rates at historic lows and its asset-buying program unchanged, turning the spotlight on president Mario Draghi to hint at his next moves to nurture a still-hesitant eurozone economy.
European sugar producers will target export markets in addition to looking for new domestic customers when the EU lifts quotas next year and fully embraces free-market farm policies, officials and analysts say.
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