![Carmakers flag difficult year on costs, muted EV demand [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1024444_0_ElectricVehiclesTaxCredits37334163de41715189930jpg.jpg)
Persistent inflation, muted economic growth in much of Europe and a protracted recovery in China where excessive EV discounting is hurting manufacturers are adding to the industrys headaches.
Economy
![Global heat streak continues as April breaks record temperatures [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1024128_0_90.jpg)
Last month was the hottest April on record, marking the 11th month in a row that has broken global heat records, scientists said Wednesday.
![AstraZeneca to withdraw COVID-19 vaccine worldwide due to low demand [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1023873_0_90.jpg)
Drugmaker AstraZeneca is reportedly pulling its COVID-19 vaccine from global markets due to a surplus of updated alternatives that have led to a drop-off in demand.
![TikTok owner ByteDance files lawsuit against US law forcing apps sale | Social Media News [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1023638_0_AP241180341818051715123351jpg.jpg)
In April, President Joe Biden signed a law giving ByteDance nine months to sell US operations over security concerns.
![Xi, in France, offers few concessions on trade, support for Russia [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1023379_0_F5495B0CCA984C69AF30AF801D7A4CBDjpg.jpg)
Chinese President Xi Jinping travels next to Serbia and Hungary after a two-day state visit to France
![China has Britain under a cybersiege – so why are we so soft on them? [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1023287_0_newspresscollagetklfhyro91715115694866jpg.jpg)
A POTENTIALLY catastrophic double standard lies at the heart of Britains foreign and defence policy.On the one hand, vast amounts of time, toil and
![Putin begins his fifth term as president, more in control of Russia than ever Boston 25 News [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1022501_0_P6YLFYNQE5DT2MJHCKCL2U5NHUjpg.jpg)
Vladimir Putin began his fifth term as Russian president at a glittering Kremlin ceremony, after destroying his political opposition, launching a devastating war in Ukraine and consolidating power
![Spains Sabadell bank rejects merger offer from BBVA after being significantly undervalued by its rival [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1022263_0_SpainsSabadellbankrejectsmergerofferfromBBVAafterbeingsignificantlyundervaluedbyitsrivalscaledjpg.jpg)
A PROPOSED merger between Banco Sabadell and the BBVA has been rejected by the Sabadell board on the grounds that it ‘significantly undervalues’ the bank
![Sticky inflation means the European Central Bank could be far from a policy pivot [Video]](https://europenewsvideo.com/wp-content/uploads/2023/02/mp_159572_0_10718164316742126141674212611278124914331080pnbcnewsjpg.jpg)
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Eastern Europe News European Economy and Markets European Environment and Climate European Politics and Government Finland News France News Germany News Italy News Netherlands News Northern Europe News Poland News Russia News Southern Europe News Spain News Sweden News Switzerland News Turkey News Ukraine News United Kingdom News Western Europe News
Sticky inflation means the European Central Bank could be far from a policy pivot [Video]
The ECB is dealing with both record-high inflation and a slowing economy.
![‘Very slow start’ to 2024 for Europe [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1020974_0_10741130517150690981715069096344252520891080pnbcnewsjpg.jpg)
Tobias Meyer, CEO of DHL Group, joins Squawk Box to comment on the company’s first-quarter results and how Europe has seen a “very slow start” to the year with trade continuing to be weak.
![UK ‘an interesting investment’ right now: UBS Global Wealth Management [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1020339_0_10741076917149745321714974529344107767611080pnbcnewsjpg.jpg)
Adrian Zuercher of UBS Global Wealth Management, discusses the outlook for U.S. and U.K. markets.
![Revival of EU Single Market Defining the road ahead Euractiv [Video]](https://europenewsvideo.com/wp-content/uploads/2024/05/mp_1019682_0_modshutterstock1419552932jpg.jpg)
The European Single Market – one of the EU’s greatest achievements – is stuttering, according to several industry stakeholders. Their concerns include too much fragmentation, excessive bureaucracy, and lack of harmonised rules.