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JPMorgan picks Paris for its major post-Brexit trade hub

Brussels (Brussels Morning) Multinational banking giant JPMorgan opened its new trading hub in Paris on Tuesday, in a post-Brexit move…

VW to phase out production of internal combustion engine cars

Brussels (Brussels Morning) Germany’s Volkswagen (VW) automotive group has announced plans to phase out production of internal combustion engine automobiles…

GlobalFoundries to invest $6bn in Singapore, US and German plants

Brussels (Brussels Morning) The US-based, UAE-owned chipmaker GlobalFoundries has announced plans to invest as much as 6 billion dollars to…

Italy slaps Google with €102mn anti-trust fine

Brussels (Brussels Morning) Italy’s competition watchdog announced on Thursday it had imposed a fine of 102 million euro on Goggle…

Stellantis reports 190,000 fewer cars built due to chip shortage

Brussels (Brussels Morning) The European automotive giant Stellantis produced 190,000 fewer vehicles than planned during the first three months of…

Airbus launches next-generation observation satellite

Brussels (Brussels Morning) Airbus launched the first of a planned four-satellite constellation envisioned to make Europe a leader in Earth…

Daimler, Volvo to make hydrogen fuel cells in EU

Brussels (Brussels Morning) The German Daimler and Swedish Volvo automotive companies have announced plans to start making hydrogen fuel cells…

Croatia’s Fortenova sells regional ice-cream brand for €615mn

Zagreb (Brussels Morning) The Croatian food and retailing conglomerate Fortenova has sold its frozen foods business unit for 615 million…

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