Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Spanish second-hand home prices jump 16.2% year-on-year
The average price of existing homes in Spain reached €3,154 per square metre in July, up 16.2% from a year earlier. All 17 regions recorded
Ukraine's drone campaign targets Wildberries, Russia's e-commerce backbone
Ukraine has hit dozens of Wildberries logistics sites since mid-July, saying the e-commerce giant helps supply Russia's military. The compan
Second Qatari LNG tanker hit in Hormuz as force majeure expands
The GasLog Shanghai was hit while leaving the Strait of Hormuz, weeks after the Al Rekayyat was attacked. QatarEnergy has extended force maj
Oil majors post record profits as Hormuz crisis inflates fuel prices
Exxon and Chevron more than doubled and quadrupled profits in Q2 as the US-Iran conflict disrupted oil shipments through the Strait of Hormu
Oil prices drop as OPEC+ raises output and US-Iran tensions ease
Brent crude fell more than 5% to $83.39 a barrel on Monday after OPEC+ confirmed a September output hike. US President Donald Trump called o
Portugal's housing market: why €400,000 no longer buys a home
The average asking price for a home in Portugal has reached €430,500, pushing the €400,000 threshold out of reach for many. A shortage of co
How many minutes of work does a scoop of ice cream cost across Europe?
In Germany, a scoop costs about 7.4 minutes of net working time, while in Greece it's nearly 21 minutes. The UK, Belgium and Italy fall in b
EU accuses Temu of obstructing antitrust inspection in Dublin
The European Commission has accused Temu of obstructing a surprise inspection at its Dublin subsidiary in December 2025. Regulators say the
BP puts North Sea assets up for sale after six decades
BP has begun marketing its North Sea oil and gas business for sale, potentially ending over 60 years of production in the region. The portfo
Apple's record quarter fails to reassure investors as outlook disappoints
Apple reported record revenue of $109.42bn for the June quarter, driven by strong iPhone and Mac sales. However, shares fell as much as 8% i
EU's October deadline with China: why trade concessions look unlikely
The EU's October deadline for tangible trade concessions from China is unlikely to yield major results. Structural imbalances, Beijing's lev
Azerbaijani pipelines are vital arteries for Caspian gas to Europe, SOCAR says
Azerbaijani pipelines are critical arteries connecting Caspian gas to Europe, says a SOCAR executive. Exports to the EU have risen 56% since