Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Uzbekistan's new Tashkent financial centre courts City of London legal expertise
Uzbekistan's Tashkent International Financial Centre will operate under English common-law principles with its own commercial court. Officia
Spain's rental housing draws record institutional capital as ownership stays opaque
Institutional investors committed €2.93bn to Spanish rental housing in the first half of 2026, already exceeding all of 2025. Brookfield's €
Europe's petrol tax league: the Netherlands takes the most, Latvia the least of the top ten
Taxes now account for 47.3% of the EU average petrol price, or €0.976 per litre. The Netherlands tops the ranking at €1.270 per litre, follo
Trump pushes Belarus potash deal to challenge Canadian market
US President Donald Trump announced a 'massive' potash deal with Belarus, claiming it would undercut Canadian prices. The move signals close
ECB launches Pontes to settle tokenised assets in central bank money
The Eurosystem has launched Pontes, a settlement system for tokenised assets using central bank money. Thirteen institutions are onboarded,
Qatar rejects Hormuz bypass pipeline, unveils $60bn investment push
Qatar has dismissed a pipeline bypass for the Strait of Hormuz as economically unviable, citing duplication costs. The country also launched
Greece's stock market gains developed status in FTSE Russell shift
FTSE Russell and STOXX have reclassified Greece's stock market as developed, a milestone in its post-crisis recovery. The move could attract
Volkswagen's exit from Euro Stoxx 50 adds to its mounting troubles
Volkswagen has been removed from the Euro Stoxx 50, the eurozone's blue-chip index, as its market value fell below the threshold. The exit c
French diesel tops €2.41 as European fuel costs reach unprecedented highs
French diesel prices reached a new record of €2.41 per litre on Sunday, according to AFP. EU average petrol and diesel prices also hit all-t
Volvo taps Škoda's Klaus Zellmer to lead turnaround
Volvo Cars has appointed Klaus Zellmer, current Škoda boss, as its next CEO, effective by October 2027. He will take over from Håkan Samuels
From Munich dorm room to global shelves: Can Air Up outgrow its viral moment?
Air Up has sold 15 million bottles and 200 million flavor pods since 2019. CEO Cristina Kenz says the next challenge is moving from viral hy
ECB urges EU to tighten crypto rules and restrict dollar stablecoins
The ECB has urged the EU to adopt tougher crypto regulations and limit dollar-backed stablecoins. The move aims to safeguard the euro's role