European Business Review

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The alignment between the centre and hard right parties on the contentious issue of climate shows that a post-election deal is a real possibility.

EU elections: Alignment on climate shows that door remains open for EPP-ECR coalition

Ahead of June’s EU elections, the EPP’s official thinktank and the ECR have set out their positions

Serbian President Aleksandar Vucic and government officials welcomed Xi at the Belgrade airport, where he was greeted by a military guard of honor and folk dancers. The two leaders will hold a meeting on Wednesday.

China’s Xi Jinping visits Serbia on anniversary of 1999 NATO bombing

Chinese President Xi Jinping arrived in Serbia on Tuesday escorted by MIG-29 jets in a tightly secured visit coinciding with the 25th anniversary of the NATO bombing of China’s embassy

The chief executive of Shell, Wael Sawan, said that returning capital to shareholders continued to be a bigger priority than major mergers and acquisitions. ‘We still see that our share price is not reflective of the underlying valuation of the company’, he told The Times.

Shell profits beat forecasts

Shell has reported better than expected profits for the first quarter of the year, having benefited from a stronger performance in oil trading and a recovery in refining margins

China opened an anti-dumping investigation into brandy imported from the European Union in January, sparking fears cognac could suffer a similar blow to that taken by Australian wine when China introduced tariffs of up to 218.4%.

Chinese tariffs could leave cognac makers with too much brandy

High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere

The parties reacted to von der Leyen’s comments made during the Maastricht Debate of lead candidates on 29 April, where she did not discard collaborating with hard-right European Conservatives and Reformists group (ECR), the political family of Italian Prime Minister Giorgia Meloni and Poland’s Law and Justice party.

EU Socialists, Greens, Liberals warn von der Leyen: No to hard-right alliance

The European Socialists, Greens, and Liberals have all shut the door to European Commission President Ursula von der Leyen’s reelection if she decides to cooperate with the hard-right ECR party