Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Spain's Rental Crisis: Half of Wages Now Spent on Housing
Spaniards now spend an average of 50% of their salary on rent, up from 38% in 2019. Madrid and Catalonia top the list, with rent consuming 7
German Industrial Output Edges Up in April but Underlying Weakness Persists
German industrial production rose 0.4% in April, the first increase this year, driven by construction. However, new orders fell 3.8% and out
SpaceX IPO: How European Retail Investors Can Buy Shares and Assess Risks
SpaceX's IPO, expected on June 12, allocates up to 30% of shares to retail investors, including those in seven European countries. European
EU-US Trade Plunges 30% in Early 2026 as Tariff Impact Bites
EU goods exports to the US dropped 30% in the first quarter of 2026, the second-largest decline after Iran. The drop contributed to a 9% fal
FIFA Settles €65M Dispute with Lassana Diarra Without Admitting Liability
FIFA has settled a long-running legal dispute with Lassana Diarra over €65 million in damages, without admitting wrongdoing or paying compen
Le Havre Destroys 38,000 Counterfeit Trainers After 15-Year Legal Battle
Nearly 38,000 counterfeit trainers seized in Le Havre in 2011 were finally destroyed in June 2025 after a 15-year legal battle. The French i
Intesa Sanpaolo launches €30.6bn bid for Monte dei Paschi, aiming to become Europe's second-largest bank
Intesa Sanpaolo and Unipol have launched a €30.6 billion public offer for Monte dei Paschi di Siena. The deal would create Europe's second-l
Jet Fuel Surge Cuts Global Airline Profit Forecast in Half
Global airline profits are expected to be halved this year due to a surge in jet fuel prices linked to Iran-related tensions. Despite record
SpaceX, OpenAI, and Anthropic IPOs Test Market Capacity in Unprecedented $4 Trillion Wave
SpaceX, OpenAI, and Anthropic are set to debut on public markets in 2026 with a combined valuation near $4 trillion. The IPOs could raise ov
Oil Surges as Israel-Iran Strikes Undermine Ceasefire Efforts
Oil prices spiked Monday after Israel launched airstrikes on central and western Iran. The attacks undermine a tentative US-brokered ceasefi
EU Struggles to Counter Chinese Tariff Circumvention as Firms Advertise Loopholes
Chinese firms are openly advertising methods to circumvent EU anti-dumping duties, including transhipment via third countries and minor prod
Real Wages Slip Across Eurozone as Inflation Outpaces Pay Growth
Eurozone inflation hit 3.0% in April 2026, while posted wage growth lagged at 2.3%, reversing a trend of real wage gains. Workers in France