Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Canada's $6.2B plan to counter US tariffs on steel and autos
Canada announced a $6.2 billion support package for its steel and auto sectors in response to US tariffs. Prime Minister Mark Carney warns t
Qatari startups expand beyond oil with homegrown brands
Qatar's economic diversification is being driven by a new generation of local entrepreneurs. From dairy and plant-based foods to global inve
Eurozone debt hits 88.8% of GDP as Italy nears Greece's level
Eurozone debt reached 88.8% of GDP in Q2 2026, up from 87.3% a year earlier. Italy's ratio is now just below Greece's, while France's climbe
O'Leary warns of record 20% airfare surge across Europe in 2027
Michael O'Leary expects the biggest airfare increase in European history over the next year. Fuel costs have surged amid the Iran war, and a
Lufthansa's TAP deal: €1.2bn for a slow-burn Latin American gateway
Lufthansa's €1.2bn bid for up to 49.9% of TAP Air Portugal could yield €450m in annual synergies, but Portugal's continued control and lengt
French 10-year bond yield tops 5% for first time since 2002
France's benchmark 10-year bond yield exceeded 5% on Wednesday, a level not seen since the dot-com crisis. The sell-off reflects investor un
UK inflation hits 3.5% in September, raising odds of Bank of England rate hike
UK inflation rose to 3.5% in September, its highest in a year, as fuel prices surged. The Bank of England is now widely expected to raise ra
Paris shop owner loses decade of work in weekend looting
Hassan, a Bangladeshi-born shopkeeper in Paris, lost his business in weekend looting. He says he has not slept in three days. France is roll
Netflix shares slide as engagement and revenue growth slow
Netflix shares dropped more than 5% after its third-quarter earnings failed to reassure investors about slowing engagement and revenue growt
Musk backs SpaceX-Tesla merger as rocket firm posts first profit
Elon Musk has signaled support for merging SpaceX and Tesla. SpaceX posted its first quarterly profit since going public, fueled by AI compu
Berlin secures Nvidia AI pact and Amazon's €16bn investment at summit
At the Invest in Germany summit, Berlin secured an AI partnership with Nvidia and a €16 billion Amazon investment. Chancellor Merz urged com
Uzbekistan unveils $12bn US investment push during Rubio's Samarkand visit
Uzbekistan unveiled 54 agreements and proposed projects with US partners worth nearly $12bn during Marco Rubio's visit to Samarkand. The dea