Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Spain's World Cup Win: A €4 Billion Economic Boost, But Mostly Fleeting
Spain's 1-0 win over Argentina in the World Cup final earns a record €43.7 million from FIFA. Economic studies suggest a temporary GDP boost
EU Fines AliExpress €550 Million Over Illegal and Counterfeit Goods
The European Commission has imposed a €550 million fine on AliExpress for inadequate measures against illegal and counterfeit goods. The pen
Eurozone Inflation Slips to 2.8% in June, Strengthening Case for ECB to Hold Rates
Eurozone inflation dropped to 2.8% in June, down from 3.2% in May, marking the first decline of the year. Core inflation also slowed, giving
Survey: Over Half of Germany's Top Earners Consider Leaving the Country
More than 288,000 Germans moved abroad in the past year. A survey by Indeed shows 54% of top earners are actively seeking international oppo
Home Sales Surge Across Europe in 2025 as Borrowing Costs Ease
Home sales increased in 17 of 20 European countries in 2025 as lower interest rates revived demand. Slovenia recorded the sharpest percentag
Austria's AI Boom: How a Tiny Chipmaker Transformed Vienna's Stock Market
Austria's ATX index has gained 21.3% in 2026, outperforming all major eurozone markets. The driver is AT&S, a Leoben-based semiconductor sup
Xi and Tokayev Sign €11.4bn in Deals, Hailing New Era in China-Kazakhstan Ties
Xi Jinping and Kassym-Jomart Tokayev signed more than 70 commercial agreements worth over €11.4bn on the sidelines of the World AI Conferenc
BlackRock Hits $15 Trillion: How the World's Largest Asset Manager Invests Its Clients' Money
BlackRock has surpassed $15 trillion in assets under management, nearly three times Germany's GDP. Most of the money is in equities, but its
EU Proposes Banking Overhaul to End National Fragmentation and Boost Investment
The European Commission has proposed sweeping reforms to unify the EU's fragmented banking sector. The plan aims to free up capital for lend
EU Strengthens Red Sea Naval Mission Amid Houthi Threat to Close Bab el-Mandeb
EU foreign policy chief Kaja Kallas visited Djibouti to bolster the EU's naval presence in the Red Sea. Reports suggest Iran has instructed
Portugal Fuel Prices Surge as Middle East Tensions Drive Up Costs
From July 20, diesel prices in Portugal will increase by 13.5 cents per litre, petrol by 6.5 cents. The surge is linked to ongoing conflict
Beijing Condemns UK Nationalisation of British Steel, Warns of Investment Impact
China has condemned the UK's decision to nationalise British Steel, accusing London of disregarding Jingye Group's investments. The move, wh