Chinese investment in Europe: A story of cash and concerns

PARIS: Chinese firms have plowed at least 145 billion euros ($164 billion) into Europesince 2010, but investment has been slowing recently as several European governments tighten rules on acquisitions by foreign firms. As President Xi Jinping makes a crucial visit to Italy promoting China’s new Silk Road project, the EU remains divided over the best approach towards Beijing. Chinese direct investment into the European Union in 2010 totaled just 2.1 billion euros. That climbed rapidly to 20.7 billion in 2015 and then jumped to 37.2 billion in 2016, according to a study by Rhodium Group, as Chinese…

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Europe Air Pollution Causes 467,000 Early Deaths a Year: Report

Almost nine out of 10 European city dwellers breathe air that is harmful to their health, though the continent’s air quality is slowly improving, the European Environment Agency (EEA) said today. Air pollution remains the single largest environmental cause of premature death in urban Europe, and was linked to around 467,000 early deaths in 41 European countries in 2013, according to an analysis of data from more than 400 cities. “Emission reductions have led to improvements in air quality in Europe, but not enough to avoid unacceptable damage to human…

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Bird Flu Hits Europe, France Raises Checks to Counter Virus

Several European countries have reported outbreaks of a severe strain of bird flu, the World Organisation for Animal Health said on Thursday, while France raised safety checks to counter the virus which can have a major impact on farmers. The World Health Organisation for Animal Health (OIE) said Germany, Austria, Croatia and Switzerland had all officially reported the outbreaks, which concerned a particularly virulent strain affecting wild birds. France’s Agriculture Ministry added in a statement that the highly pathogenic H5N8 virus had been found in wild birds in Hungary, Poland,…

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Zika to spread to Europe through this summer

The Zika virus is predicted to spread to Europe by this summer season , but the chance can be “low to moderate”, the world fitness business enterprise has stated. WHO said there has been a “excessive” threat the virus will appear in regions where a kind of mosquito referred to as the Aedes aegypti lives. the european Centre for disease Prevention and manage stated the mosquito type has been currently stated in Madeira, the Netherlands and the north-eastern Black coastline (southern Russia and Georgia), Sky news said on Wednesday. there…

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Box’s New Service Allows Customers to Store Data in Europe, Asia

Cloud storage provider Box Inc unveiled a service that allows businesses in Europe and Asia to store data regionally, at a time when governments demand greater protection for their data in the backdrop of revelations about massive US surveillance programs. Box Zones, to be available next month, uses the cloud services of Amazon Inc and International Business Machines (IBM) to store its customers’ data across Germany, Ireland, Singapore and Japan, Box said on Tuesday. The company, which serves about 57,000 customers including Unilever Plc and Home Depot Inc, has witnessed…

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