Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
EU fuel prices hit record highs as diesel refining costs set to peak in October
EU average petrol and diesel prices hit record highs in September, with diesel at €2.159 per litre. ECB experts say refining margins for die
easyJet cabin crew in Portugal announce strikes for October and December
easyJet cabin crew in Portugal have voted to strike from 2-6 October and 19-23 December. The action could ground around 500 flights in Octob
Uzbekistan readies state giants for stock market listings
Uzbekistan's state investment fund is preparing major telecom, aviation, and energy companies for public listings. Uztelecom is the most adv
Revolut weighs dual listing in London and New York for IPO
Revolut is exploring a dual listing in London and New York for its long-awaited IPO. Founder Nik Storonsky cites the deeper US market but ac
Moscow places Nestlé and Auchan Russia units under state-appointed control
Russia has placed the Russian units of Nestlé, Auchan and other Western-linked companies under temporary administration. The move tightens M
EU finance chiefs confront energy shock and inflation as sanctions deadlock persists
Eurozone finance ministers gather in Dublin as energy costs and inflation rattle the bloc. EU ambassadors remain deadlocked over renewing Ru
Asian markets rally on Wall Street gains and falling crude prices
Asian markets mostly climbed Friday, tracking a Wall Street rebound and lower oil prices. Japan's Nikkei gained 1.9% after the central bank
Bank of Japan raises rates to 1.25%, highest since 1994
The Bank of Japan raised its benchmark interest rate to 1.25% on Friday, the highest level in 31 years. The move aims to counter inflation d
Brussels seeks concrete EU-China trade results as Šefčovič heads to Beijing
The European Commission is pushing for tangible outcomes from EU-China trade talks, with Commissioner Šefčovič set to travel to Beijing in O
Saudi pipeline attack exposes Europe's fragile oil security
Saudi Arabia's East-West pipeline remains shut after drone attacks, disrupting crude flows to Europe. Refiners in Poland and elsewhere are s
Germany presses Brussels for tougher tariffs as Chinese car sales near 1 million in Europe
Germany's finance minister has called for tougher EU tariffs on Chinese carmakers, including hybrids, as Chinese brands are set to sell over
Kazakhstan aims to become Central Asia's trade and production hub
Kazakhstan is working to transform its transit role into a broader economic hub. At Astana Finance Days, officials and investors highlighted