Page 12 - Europe
Europe could see 500,000 more Covid deaths by February, says WHO
Relaxed prevention measures and low vaccination rates in some areas explain the latest surge, says WHO Europe chief
 "Europe could see 500,000 more Covid deaths by February, says WHO")
Europe had most coronavirus cases and deaths over last week, says WHO
WHO officials have pointed to a number of factors including relatively low rates of vaccination in some countries in eastern Europe
 "Europe had most coronavirus cases and deaths over last week, says WHO")
EU under pressure
Future depends on how Germany responds
 "EU under pressure")
Copper price rebounds as global energy crisis keeps roiling the market
Power shortages are forcing output cuts from China to Europe
 "Copper price rebounds as global energy crisis keeps roiling the market")
Spotify to hire hundreds to drive ad sales in Europe, Australia, Canada
Spotify is planning to hire hundreds of staff to boost its advertising sales as it looks to increase revenue
 "Spotify to hire hundreds to drive ad sales in Europe, Australia, Canada")
Scholz seals initial coalition deal to be next German chancellor
The agreement includes a plan to exit coal in 2030, eight years earlier than planned, as well as an action plan for climate protection
 "Scholz seals initial coalition deal to be next German chancellor")
The shorter work week really worked in Iceland. Here's how
Participants in an Iceland study reduced their hours by three to five hours per week without losing pay
 "The shorter work week really worked in Iceland. Here's how")
France's $35 billion innovation plan includes nuclear reactor funds
Macron on Tuesday unveiled a 5-year, 30 billion-euro ($35 billion) investment plan for developing innovative technology and industrial activity
 "France's $35 billion innovation plan includes nuclear reactor funds")
India a key driver in global IPO boom in the third quarter, says EY
547 IPOs the world over raised $106.3 bn in Q3 of CY2021, up 18% by deals than previous third-quarter record set in 2007 and 11% higher mop up than the last record setting third quarter in 2020
 "India a key driver in global IPO boom in the third quarter, says EY")
IMF board seeks more details on probe into World Bank report on China
The Doing Business report assesses regulatory environments, ease of business startups, infrastructure and other business climate measures.
 "IMF board seeks more details on probe into World Bank report on China")
Economic recovery hampered as inflation hits new highs in US, Europe
Inflation has reached new highs in the United States and Europe as rising energy prices and supply bottlenecks restrain an economic recovery from the pandemic in both economies
 "Economic recovery hampered as inflation hits new highs in US, Europe")
Europe's energy crisis is coming for the rest of the world, too
Millions around the globe will feel the impact of soaring natural gas prices this winter
 "Europe's energy crisis is coming for the rest of the world, too")
Iceland misses out on Europe's first female-majority Parliament
Predictions failed to pan out that Jakobsdottir's coalition would struggle in face of calls from left for higher health-care spending and worries over climate change in North Atlantic island nation
 "Iceland misses out on Europe's first female-majority Parliament")
Germany embarks on tricky search for post-Merkel government
Social Democrats' narrow win over Merkel's bloc leaves German govt in limbo
 "Germany embarks on tricky search for post-Merkel government")
Germany votes in tight polls to find heir to 'eternal' chancellor
In office so long she was dubbed Germany's "eternal chancellor", Merkel has been in power since 2005 but plans to step down after the election, making the vote an era-changing event
 "Germany votes in tight polls to find heir to 'eternal' chancellor")
Europe's energy woes hit fertilizers in another threat to food
Higher costs of the key farming input risk further exacerbating global food inflation at a time when hunger is on the rise.
 "Europe's energy woes hit fertilizers in another threat to food")
Significant R&D investment required as part of climate action: Yadav
Significant research and development investment, particularly from developed economies of Europe is required to decarbonise energy as a part of climate action in developing countries, Union Environment Minister Bhupender Yadav said on Tuesday. Speaking at a session on 'Future of Sustainable Technologies in India-Europe Partnerships' organised by FICCI LEADS 2021 event on the theme 'Future of Partnerships', Yadav said that in any climate action, clean energy derived especially from renewable energy plays a vital role. "We need to bring together the power of innovation across the world, with significant R&D investment, in particular, from developed economies of Europe. This would enable us to solve the challenge of decarbonising energy, as well as cement and steel, in a manner that is low on cost and allows for rapid deployment in developing economies," he said. The minister said India has much to offer and share in terms of its experience with other countries embarking on a similar
 "Significant R&D investment required as part of climate action: Yadav")
European banks still booking profits in tax havens, says report
Profits booked by banks in tax havens work out at around 238,000 per employee, compared with 65,000 euros in non-tax havens, the report said
 "European banks still booking profits in tax havens, says report")
Denmark is India's very unique partner' in growing back greener: Jaishankar
The External Affairs Minister said what is unique about India's relationship with Denmark is that Denmark is the only country with which India has a green strategic partnership
 "Denmark is India's very unique partner' in growing back greener: Jaishankar")
Euro-area inflation jumps to decade-high 3% in challenge for ECB
Consumer prices rose 3%
 "Euro-area inflation jumps to decade-high 3% in challenge for ECB")
