Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Real Wages Still Below 2021 Levels in One-Third of European Countries
Real wages in nine European countries are still below 2021 levels, according to the OECD Employment Outlook 2026. Italy saw the largest drop
Italian Police Raid Luxury Brands Including Bulgari and Chanel Over Labour Abuse in Supply Chains
Milan prosecutors raided offices of Bulgari, Chanel, and other luxury brands over alleged labour exploitation by subcontractors employing Ch
Iran Conflict Upends Record Airline Profits as European Carriers Hold Ground
The top nine airlines posted a combined $25.1bn profit, but the Iran war has already closed key airspace and spiked jet fuel costs. Ryanair
Uber's €13 Billion Bid for Delivery Hero Wins German Board Backing
Berlin-based Delivery Hero backs Uber's €13 billion takeover offer. The deal would create the world's largest mobility and delivery platform
Why Europe's Supermarket Bills Could Rise Again Despite Slowing Food Inflation
Eurozone food inflation fell to 1.6% in June 2026, its lowest since mid-2021. Yet economists at Oxford Economics and Deutsche Bank expect pr
Former Hungarian Foreign Minister Szijjártó Quits Parliament for BYD Role
Péter Szijjártó has stepped down from Hungary's parliament to join BYD, the world's largest electric carmaker, as an international executive
Spain's Inflation Steadies at 3.2% in June as Electricity Costs Offset Cheaper Fuel
Spain's annual inflation remained at 3.2% in June, matching May and April figures. Electricity prices rose 6% year-on-year after the governm
China's Q2 Growth Slows to 4.3%, Weakest Since Late 2022, Pressuring Beijing
China's economy expanded 4.3% year-on-year in the second quarter, the weakest since late 2022. Weak domestic demand and a prolonged property
Europe's Corporate Debt Ranking: Which Countries Borrow the Most?
Seven EU member states have corporate debt above the European Commission's 85% warning threshold. Multinational financing, not financially w
Uzbekistan's Rural Entrepreneurs Drive Poverty Reduction Through Greenhouses and Family Businesses
Uzbekistan's poverty rate dropped from 35% to 6.8% over nine years, driven by small-scale entrepreneurship. Greenhouses, livestock farming,
EPPO Raids in Athens and Kastoria Uncover €46.9 Million VAT Carousel Fraud
EPPO conducted raids in Athens and Kastoria targeting a VAT carousel fraud network. The scheme, involving companies in Bulgaria, Cyprus, Cze
EU Signals Unilateral Trade Measures Against China Before October Deadline
EU trade enforcer Denis Redonnet told MEPs the bloc will adopt unilateral defence measures before October. Brussels is preparing tariffs, qu