Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Bank of England holds rates at 3.75% as three policymakers push for hike
The Bank of England left its main interest rate at 3.75% on Thursday, but three of nine policymakers voted for a quarter-point rise. Inflati
European shares rise as markets absorb Fed's first rate hike since 2018
European markets opened higher on Thursday, with the FTSE 100 up over 1%, as investors digested the Federal Reserve's first rate hike in ove
Canada's EU Pivot Opens New Doors for European Industry
Canada's shift toward Europe, driven by US trade tensions, is creating concrete opportunities for European companies. Defence, aerospace, an
Rheinmetall CEO: Robots and space are coming to Europe's defence
Rheinmetall CEO Armin Papperger says humanoid robots and space systems are inevitable for Europe's defence. The company is scaling up ammuni
Fed raises rates for first time since 2023 in unanimous vote, defying Trump
The Federal Reserve lifted its benchmark rate by 25 basis points to 3.75%-4%, the first hike since July 2023. The unanimous 12-0 vote defies
TotalEnergies' fuel price cap sparks competition row in France
TotalEnergies' fuel price cap of €1.99 per litre has drawn complaints from independent stations and supermarkets, who say it distorts compet
Seoul and Central Asia forge 30-year partnership on minerals and supply chains
South Korea and the five Central Asian republics held their first heads-of-state summit in Seoul, adopting a 30-year cooperation framework.
Spain's housing gap: wages rise, but home prices outpace them
A new analysis shows that while salaries across Spain vary by about €10,000 a year, the price of a 90 m² home can differ by nearly €383,000.
Kazakhstan moves beyond raw materials to build a broader export base
Kazakhstan is reducing its reliance on raw commodity exports, with processed goods up nearly 18% year on year. The government is courting in
Saudi Arabia silent on European oil shipment delays after pipeline attack
Saudi Arabia has not commented on reports that it cancelled or delayed crude shipments to European refiners after drone strikes on its East-
Fed set to raise rates as Warsh faces pressure from Trump
The US Federal Reserve is widely expected to raise borrowing costs for the first time in three years. Chair Kevin Warsh faces pressure from
Why European savings are bankrolling America's AI boom
Eurozone households hold around €440 billion in US technology companies, helping finance America's AI boom. ECB chief Christine Lagarde warn