Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
France's economy stalls as budget deadlock deepens fiscal worries
France's GDP contracted by 0.1% between July and September, after flatlining in the second quarter. Inflation rose to 3.4% year on year in O
UK watchdog opens probe into Meta's media content terms
The UK's Competition and Markets Authority is investigating Meta over new terms that would let it use news content for AI and other products
EU introduces €2 fee on all incoming parcels from 1 November
A new €2 handling fee applies to all parcels entering the EU from 1 November, on top of the €3 duty introduced in July. The measures aim to
Eurozone's Big Four: Inflation Diverges as Italy Hits 5.4%
Italy's inflation jumped to 5.4% in October, the highest among the eurozone's big four. France and Spain saw prices stay elevated, while Ger
Italy's inflation jumps to 5.4% in October as energy costs surge
Italy's annual inflation rose to 5.4% in October, up from 4.2% in September, driven by energy, food, and transport costs. The eurozone econo
AstraZeneca posts 23% profit rise, unveils $1.5bn savings plan
AstraZeneca's net profit rose 23% in Q3, driven by strong cancer drug sales. The company announced a $1.5bn annual savings programme to fund
BP profit quadruples as Iran war drives refining margins and cuts debt
BP's third-quarter profit quadrupled to $4.7bn, beating forecasts as the Iran war sent refining margins soaring. The company cut net debt by
Fire erupts at Rosneft's Novokuibyshevsk refinery after reported drone strike
A fire at Rosneft's Novokuibyshevsk refinery in Russia's Samara region followed a reported drone attack. The incident comes amid conflicting
EU Inc. stalls as unions demand stronger worker safeguards
The EU's flagship company law proposal is stuck on worker participation rights. Unions demand binding safeguards against letterbox companies
Analyst urges global refinery expansion to shield Europe from fuel shocks
Energy analyst Osama Rizvi warns that high fuel prices are now a structural feature of the market. He urges a global 'refinery revolution' t
Alphabet's AI spending spooks markets; European stocks brace for ECB
Alphabet's quarterly results fell short of expectations, triggering a 10% after-hours drop in its shares. Microsoft fared better, gaining ne
Airbus open to joining UK-Japan-Italy fighter programme after Franco-German collapse
Airbus could join the Global Combat Air Programme with Britain, Japan and Italy after the Franco-German next-generation fighter scheme colla