Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Turkey raises 2026 inflation forecast to 28.4% amid Middle East conflict
Turkey's new medium-term programme projects 28.4% inflation by end-2026, up from 16% previously. The central bank attributes about seven per
STIHL chief urges Germans to work 40 hours without extra pay
Nikolas Stihl, chairman of chainsaw maker STIHL, warns Germany's industrial base is eroding. He proposes a 40-hour working week without extr
Shein's Hong Kong IPO flop signals shift in fast-fashion investor sentiment
Shein's Hong Kong IPO valued the company at $27 billion, 70% below its 2022 peak. Investors are increasingly wary of ESG risks, from chemica
Fitch lifts Portugal's credit rating to A+ with stable outlook
Fitch has raised Portugal's sovereign debt rating from A to A+, with a stable outlook. The agency highlights improved public finances and ro
STIHL chairman: Germany must reform or lose its industrial base
Germany has lost 15% of industrial production in eight years, warns STIHL chairman Nikolas Stihl. He calls for a 40-hour week without pay ri
Why European fuel prices stay high despite softer crude oil
European pump prices stay high even as crude oil retreats from peaks. Limited refining capacity and diesel shortages keep costs elevated, ad
Why global bond yields are rising but stocks stay resilient
Long-term government bond yields have surged to levels not seen in years, yet stock markets remain near records. The reason may be that yiel
Portugal enters final talks with Air France-KLM and Lufthansa over TAP stake
Portugal's government will negotiate with both Air France-KLM and Lufthansa over their binding offers for TAP. The sale could reach 49.9% of
Brazil's EU envoy rejects meat audit as trade row escalates
Brazil's EU ambassador says audits of its meat exports are unnecessary, rejecting Brussels' concerns over antibiotic use. The European Commi
Meet the NERDs: Young Europeans who've given up on retirement
Nearly half of UK Gen Zers don't engage with their pensions, and 12% have stopped saving altogether. The 'Never Ever Retiring Demographic' r
Volkswagen to cut 100,000 jobs in record industry restructuring
Volkswagen will cut 100,000 jobs by 2030, about 15% of its global workforce, in the largest auto industry restructuring on record. The cuts
Azerbaijan's public-private push: new model for growth
Azerbaijan is turning to public-private partnerships to diversify its economy and attract foreign capital. Projects span renewable energy, d