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EU bank brokers late-night deal to phase out fossil fuels

By Sam Morgan

The European Investment Bank (EIB) decided on Thursday (14 November) to end financial support for fossil fuels from 2021, after marathon talks ended in a compromise that has been hailed as “a significant victory” for green policies.

Germany to sit out decisive EIB vote amid fossil fuel row

By Sam Morgan

Germany is preparing to abstain from a vote on the European Investment Bank’s (EIB) future energy lending policy on Thursday (14 November). Internal government disputes continue to scuttle attempts to form a common position on scrapping fossil fuel funding.

Trump May Punt on Auto Tariffs as European Carmakers Propose Plan

By Jack Ewing and Ana Swanson

Carmakers have quietly promised big investments in their American factories in hopes of avoiding the tariffs as a Wednesday deadline for the president to make a decision approaches.

EU finance and education ministers hold β€˜historic’ meeting to boost skills investment

By Beatriz Rios

Ministers for Finance and Education of the EU member states met on Friday (7 November) for the first-ever joint Council with the aim of discussing the importance of education for a strong economy. 

The Week in Tech: TikTok Is in Trouble

By Jamie Condliffe

The video app has been a runaway success around the world. But U.S. lawmakers have recently taken a strong disliking to it.

What to Know Before Buying Shares in Saudi Arabia’s Oil Company

By Ellen R. Wald

The Saudi monarchy is pursuing its own interests, not those of the company, and that is where problems will arise for investors.

Georgia: Private sector gives suggestions for a way forward

By Georgi Gotev, Vlagyiszlav Makszimov

Georgia, a country championing economic reform and ranking seventh in the World Bank 'Doing Business' index, gave the floor on 23 October to experienced businessmen to identify ways of further improving the investment climate.

TikTok Said to Be Under National Security Review

By Jack Nicas, Mike Isaac and Ana Swanson

The review comes after lawmakers raised concerns about TikTok’s growing influence in the United States.

Stars Return to Saudi Investment Conference a Year After Khashoggi

By Alan Rappeport and Stanley Reed

A year after boycotting after the killing of a dissident journalist, the big names of business and politics return to Riyadh.

Russia’s Rosneft-led Arctic oil project requires $157 billion of investment

By Georgi Gotev

A ambitious new Arctic oil project led by Russia’s top oil producer Rosneft will require about 10 trillion roubles ($157 billion) of investment, Russia’s deputy energy minister Pavel Sorokin told reporters.