WOW air to start low-cost flights linking India, Europe, North America

WOW air to start low-cost flights linking India, Europe, North America

NEW DELHI: WOW air, Iceland’s low-fare transatlantic airline, on Tuesday announced the launch of its flight operations in India from December 7, 2018, with ‘airfares that will enable everyone to fly’. The airline said that it will have five direct flights a week between New Delhi and Keflavik airport in Iceland that will connect to […]

With few options, Iran, Europe try to save nuclear deal

With few options, Iran, Europe try to save nuclear deal

Europe and Iran sought a united front on Tuesday to save the nuclear deal U.S. President Donald Trump abandoned last week, with Britain warning against regime change and Tehran expressing hope it could keep the economic benefits of the accord. Iran’s Foreign Minister Mohammad Javad Zarif arrived in Brussels ahead of a meeting with his […]

Convergence: Keeping up with Europe's big boys!

Convergence: Keeping up with Europe's big boys!

Did you know that all EU countries must meet four accession criteria to converge into the euro? Yet an important lesson of the financial crisis has been that you can’t stop having strong economic policies once you have simply entered the euro club. They need to continue for us to have sustainable and real convergence. […]

Five Star and League at odds over Italy's stance on Europe

Five Star and League at odds over Italy's stance on Europe

Italy’s far-right League is pressing the anti-establishment Five Star Movement to embrace tougher positions towards the EU, as a split between the two populist parties over their approach to Europe convulsed their talks to form a government. Matteo Salvini, the League’s leader, has been more confrontational towards Brussels than Luigi Di Maio, his more conciliatory […]

When Europe hosted the event for the first time

When Europe hosted the event for the first time

While the first edition of the FIFA World Cup in Uruguay wasn’t the biggest success story, it did give the beautiful game a marquee event to look forward to. The second edition headed from South America to Europe where Italy prepped to host the tournament. Despite still being in its nascent stage, the tournament was […]

That was quick: Europe's growth spurt has already stalled out

That was quick: Europe's growth spurt has already stalled out

Last year, the euro zone was the world’s unexpected economic success story. The region experienced its strongest year of growth in a decade as trade increased, business confidence improved, and loose monetary policy worked its magic. But there are already signs that Europe has lost some of its spark. In the first quarter of 2018, […]

Iran Oil Exports Face Insurance Snag No Matter What Europe Wants

Iran Oil Exports Face Insurance Snag No Matter What Europe Wants

If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll need to consider is the insurance of oil tankers hauling the Persian Gulf country’s crude. From early November, U.S. sanctions will likely prevent members of the International Group of P&I […]

Iran's Zarif meets EU foreign policy chief as Europe tries to save nuclear deal

Iran's Zarif meets EU foreign policy chief as Europe tries to save nuclear deal

BRUSSELS (Reuters) – Europe and Iran sought a united front on Tuesday to save the nuclear deal U.S. President Donald Trump abandoned last week, with Britain warning against regime change and Tehran expressing hope it could keep the economic benefits of the accord. Iran’s Foreign Minister Mohammad Javad Zarif talks to the media after a […]

EasyJet numbers cheer budget airlines' shares in UK and Europe

EasyJet numbers cheer budget airlines' shares in UK and Europe

FT reporters May 15, 2018 Print this page Shares in EasyJet rose more than 3 per cent and topped the FTSE 100 leaderboard after the budget airline reduced its losses with a 19 per cent rise in revenue for its recent half-year period. The budget airline’s revenue surpassed £2bn for the first time for the […]

Europe Awakens for LNG to Rival China as Own Gas Runs Out

Europe Awakens for LNG to Rival China as Own Gas Runs Out

Demand growth in China and South Korea, the second and third biggest LNG importers, will cool during the rest of this year after continued expansion through April, according to Cedigaz, a Paris-based industry research group. With less appetite also from Japan, the biggest buyer, northern Europe will step in to balance the markets, Cedigaz’s secretary […]

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