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On Thursday the government submitted to parliament the draft 2027 state budget, forecasting 2% growth and a surplus between 0.1% and 0.2% of GDP. Its approval is assured by the Socialist Party, which has said it will abstain in the overall…
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Nigeria’s Power Crisis Creates New Opportunity for Solar as Togo Deepens Russia Ties
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The Iran war has hit two mainstays of Gulf business: energy exports and aviation. The disruption extends to Europe, where buyers have had to replace missing gas supplies.
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EU auditors said 3.8% of the bloc's spending last year breached funding rules, warning that borrowing could hit €1 trillion by 2027 and that the next long-term budget risks repeating the flaws of the COVID-era recovery fund, as the…
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Ryanair CEO Michael O’Leary expects Europe to have enough jet fuel through next summer, but warns that high prices will persist for another 12 to 18 months.
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Samsung Electronics estimated on Thursday that its third-quarter operating profit jumped almost ninefold to a record 107.4 trillion won, or $80.2 billion, while sales at Taiwan's TSMC hit a quarterly record, as the AI boom keeps demand for…
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Stock markets recorded losses on Thursday as fresh inflation fears came into focus following a jump in oil prices. This comes amid reports that US President Donald Trump was considering further strikes on Iran ahead of next month's US…
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Italy, Spain, France and the UK are projected to see declines in real wages between the first quarters of 2026 and 2027, while Germany is expected to record growth. Euronews Business looks at what is driving the divide.
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Homes cost more per square metre in Madrid than in several major Latin American cities, but lower wages in those cities can make renting even less affordable.
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Mercedes-Benz shares fell after the German carmaker reported a 6% fall in global sales, driven by weakness in China. Sales outside China edged higher, supported by growth in Europe and North America.
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The Meloni government has neither renewed the diesel tax cut nor launched the replacement scheme it had promised. EU leaders meet on 15–16 October, while European governments pursue different measures to ease fuel costs.
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IMF chief Kristalina Georgieva has urged heavily indebted governments to tighten their belts and central banks to take a hawkish stance, signalling a return to austerity as the energy shock from the Iran war, record public debt and a…
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The Reserve Bank of India raised borrowing costs for the first time in over three years on Wednesday, as the Middle East war pushes up prices in Asia's third-biggest economy and weighs on an already fragile rupee.
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"You're dreaming in colour", "a Potemkin budget, flimsy as cardboard", "purely incantatory, utterly unenforceable": the government torpedoes the counter-budget put forward by National Rally leader Marine Le Pen.
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UBS is now the only European lender among the top 10 banks judged most advanced in adopting artificial intelligence, after HSBC dropped out of the top tier of the Evident AI Index, while JPMorgan Chase widened its lead and North American…
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The euro hit a 17-month low as French debt fears and Europe's energy shock weigh on the currency. Bond market stress could limit further ECB rate hikes, while analysts see scope for the euro to fall to $1.10 if the pressure intensifies.
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Two of America’s oldest film studios have completed their merger, bringing CNN, HBO and franchises including The Godfather and Harry Potter under one roof.
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US President Donald Trump has signed an executive order deferring tax payments on red-dyed diesel used on public roads, as near-record fuel prices linked to the Iran war weigh on the Republican Party weeks before the midterm elections.
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The Italian bank plans to keep its international payments business while selling its other Russian operations. The approval contrasts with Moscow’s recent moves to place several Western companies’ local assets under temporary management.
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Chinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by…
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The CEO of the world's biggest oil company warned at a conference that the global oil supply system is reaching its limit and that replenishing global oil stockpiles could take two years.
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With tax breaks expiring and the decree on flexible excise duties delayed, diesel prices are rising again. The haulage sector warns of a strike as the government summons oil companies that have introduced initial capped prices.
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With tax breaks expiring and the decree on flexible excise duties delayed, diesel prices are rising again. The haulage sector warns of a strike as the government summons oil companies that have introduced initial capped prices.
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French borrowing costs hit their highest level since 2002, and the gap with Germany is the widest since 2011. What is driving France's debt crisis and how far could it go?
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