Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Uzbekistan and South Korea deepen ties with $12bn project pipeline
Uzbekistan and South Korea are strengthening their Special Strategic Partnership with a nearly $12bn pipeline of projects. The focus is on c
Kazakhstan and South Korea sign €16.5 billion in deals
During a state visit to Seoul, President Kassym-Jomart Tokayev and South Korean leaders signed commercial agreements worth €16.5 billion. Th
Carney reassures US of Canada's partnership amid trade tensions
Canadian PM Mark Carney told US audiences that Canada remains a vital partner despite trade disputes. The Toronto summit attracted nearly C$
ECB staff warn leadership rumours could undermine institutional stability
ECB staff have written to the Executive Board expressing concern about rumours of early departures by President Christine Lagarde and board
EU telecom chiefs warn Huawei ban could cost sector €40bn
Seventeen European telecoms CEOs warn EU's proposed Huawei ban could cost €40bn, slowing 5G and fibre rollout across the bloc. The Digital N
Greece outborrows France: a tale of fiscal trust reversed
Greece's 10-year bond yield has fallen below France's, a striking reversal from 2012. Athens benefits from shrinking debt, long maturities,
China's retail sales growth stalls as Beijing's stimulus falls short
China's retail sales grew only 0.4% in August, the weakest pace since the recovery began, as consumer spending remains sluggish. Industrial
Canada courts global capital as a trusted haven in turbulent times
Canada hosts its largest investment summit, pitching itself as a trusted haven for global capital. Finance Minister François-Philippe Champa
Global bond sell-off deepens as US 10-year yield tops 5%
The US 10-year Treasury yield briefly topped 5% on Monday, its highest since October 2023. European yields also surged, with Germany's Bund
Berlin presses UniCredit for binding assurances on Commerzbank's future
Germany's finance minister met UniCredit's CEO to demand guarantees over Commerzbank's future. Berlin wants the bank to stay listed in Frank
India and EAEU move to fast-track free trade agreement
India and the EAEU have agreed to speed up negotiations on a free trade agreement, with the next round set for November. The deal could boos
Europeans lose billions as idle savings erode purchasing power
A new study reveals Europeans lose an average of €294 in purchasing power per €10,000 held in bank deposits. With €6.3 trillion sitting idle