News
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Premier Energy announces €125mn IPO in Bucharest to boost renewables portfolio
Bucharest Stock Exchange becomes increasingly attractive for investors after last year's Hidroelectrica IPO.
Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production
Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production.
US senators seek closer ties with Western Balkans to combat Russia's 'malign influence'
Members of the US Senate Committee on Foreign Relations warned of the risk of destabilisation in the Western Balkans since the start of Russia’s war in Ukraine.
Cordia launches €1bn waterfront residential project in Budapest
Cordia will build more than 2,500 homes on the 14-hectare brownfield site in the coming years.
Kazakhstan’s Kashagan claims against big oil firms now reportedly top $150bn
Astana said to have added $138bn claim for lost revenue, arguing energy majors developing Caspian Sea field have not fully delivered on production pledges.
Czech tycoon Kretinsky’s £4.5bn bid for owner of Royal Mail rejected
IDS shares jumped by 29% on April 17 after it announced it had turned down an indicative offer at 320p per share from Kretinsky’s EP Group.
Croatia’s ruling HDZ leads in general election, preliminary results show
PM Andrej Plenkovic's party to be largest in parliament but needs partner to form government, putting rightwing Homeland Movement in kingmaker position.
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Czechia paid five times more for energy imports from Russia than it spent on aid to Ukraine
The amount of money Czechia spent on Russian energy imports until the end of 2023 could finance more than three weeks of Russian fighting in Ukraine.
Russia's AvtoVAZ to start exporting Lada cars to Iran in 2024
Russian carmaker AvtoVAZ is set to return to the Iranian market after a 25-year hiatus, the company’s president, Maxim Sokolov, has said, ignoring Middle East tensions.
Dubai airport, city and roads still underwater from historic floods
Dubai witnessed "chaos" on April 17, with continued road closures and travellers urged not to come to the airport, a day after a storm accompanied by rains flooded large portions of the city.
Russian missile attack kills over a dozen people in Chernihiv, Ukraine
At least 14 people were killed and over 60 others injured, including two children, as Russian forces launched a devastating missile attack on the city of Chernihiv on the morning of April 17, according to reports from the Prosecutor General's Office
Sick-looking Iranian president warns Israel of 'strong response'
Iranian President Raisi looks ill in cabinet meeting
Tension mounts as Georgian riot police clash with protesters over foreign agents bill 2.0
Charles Michel, head of the European Council, emphasised that the draft law contradicts Georgia's EU accession trajectory.
Shutdown of controversial far-right conference in Brussels triggers debate over free speech
The conference demonstrates the spread and rise of the radical right, which could become the third largest force in the European Parliament in June.
Pro-Kremlin Voice of Europe resumes operations from Kazakhstan
Media platform that has promoted far-right EU politicians was expelled from Czechia last month.
Creditors of Liberty Steel Ostrava greenlight restructuring plan
Creditors vote to eject biggest of them, power supplier Tameh Czech, from the list of creditors.
US investor to build $1bn magnesium mining complex in Romania
First European magnesium mining project in a decade will ease continent's reliance on imports from China.
Russian peacekeeping forces reportedly leaving Nagorno-Karabakh
Withdrawal would be a significant shift in the post-conflict landscape of the South Caucasus.
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IMF says Estonia should take decisive steps to restore its competitiveness
The slow start to 2024 means the economy will stagnate this year, but the recovery should gain further momentum in 2025, the IMF forecast.
Serbia’s President Vucic, the prophet of doom
The Serbian president has repeatedly warned that the world could be heading for the worst conflict since WW2.