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European Financial News


Volvo issues recall notice Volvo is recalling up to half a million vehicles due to safety concerns linked to a manufacturer failure.

Trump tells France's Macron U.S. concerned with proposed digital services tax Trump tells France's Macron U.S. concerned with proposed digital services tax

IMF race: European candidates The governor of the Bank of England, Mark Carney, is unlikely to succeed Christine Lagarde as the boss of the International Monetary Fund.

G7 ministers reach consensus on taxing digital giants The G7 finance ministers and central bank governors agreed that large tech companies such as Google, Amazon, Facebook or Apple can be taxed in the countries in which they make money, even without being physically present there.

UK at risk of 'full-blown' recession Britain might be entering a full-blown recession and a no-deal Brexit could more than double the country's budget deficit next year.

France urges G7 to reach global corporate tax deal Paris defied U.S. President Donald Trump last week by passing a tax on big digital firms' revenues in France despite a threat from him to launch a probe that could lead to trade tariffs.

EU Probes Amazon The EU has launched a formal investigation into how Amazon uses data from other merchants selling goods on its websites.

From the Vietcong to Nike: How the X40 factory has changed After the Soviet Union fell, state-owned factories in Vietnam became much more reliant on products that would appeal to an international audience.

PayPal launches international money transfer service Xoom across Europe PayPal launches international money transfer service Xoom across Europe

World's first lab-grown steak aims to be on the market by 2021 says company Aleph Farms is seeking to tap into consumers' increasing awareness of health, environmental and ethical concerns related to eating meat.