Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Oil Prices Surge as Middle East Conflict Intensifies, Global Markets Wobble
Brent crude climbed above $84 a barrel on Tuesday after a near 10% surge on Monday, as renewed fighting in the Middle East threatens oil sup
VW Osnabrück Plant's Future Uncertain as Iron Dome Deal May Shift to India
Vehicle production at Volkswagen's Osnabrück plant is set to end in 2027, putting 2,300 jobs at risk. A potential deal to manufacture Iron D
China's June Exports Jump 27% as AI Demand Drives Semiconductor Boom
China's exports jumped 27% year-on-year in June, far exceeding expectations, as AI demand boosted semiconductor prices. Imports surged 36% d
Property Taxes Across Europe: Where Owners Pay Most and Least
Property taxes in Europe vary widely, with Belgium, Denmark, and the UK among the highest. Estonia, Cyprus, and Malta offer the lowest burde
Spain's Rental Crisis: 71% Now See Mortgages as Better Value Than Renting
Seven in ten Spaniards now consider mortgages more cost-effective than renting. The Fotocasa report reveals rising fears of a housing bubble
Spain's Rental Crisis: 71% Now See Mortgages as Better Value Than Renting
Seven in ten Spaniards now view mortgages as more financially sound than renting, driven by record rental hikes. The Fotocasa report also sh
Oil Surges as US-Iran Clashes Threaten Strait of Hormuz Shipping
Brent crude rose 3.9% to $78.96 per barrel after US airstrikes and Iranian retaliation disrupted shipping in the Strait of Hormuz. Asian mar
Europe's Single Market Inertia Risks Political and Economic Decline, Warns BusinessEurope Chief
BusinessEurope's new president Maciej Witucki warns that Europe must urgently implement existing plans for the single market and energy tran
Global Oil Demand Set for First Annual Drop Since COVID-19 as Gulf Crisis Deepens
Global oil demand is projected to contract by 1 million barrels per day in 2026, marking the first annual drop since the COVID-19 pandemic.
Apollo Outbids Castlelake for EasyJet with £5.7bn Offer, Regulatory Hurdles Remain
EasyJet's board backs Apollo's £5.7bn takeover bid, abandoning a previous agreement with Castlelake. The offer values the airline at £7.15 p
Lagarde Urges EU to Confront Weaknesses and Build on Strengths Amid Global Turmoil
ECB President Christine Lagarde says Europe must confront its weaknesses and leverage its strengths in a volatile global landscape. She spok
Volkswagen's 2030 Plan: Halving Models, Cutting Capacity, but Job Fears Remain
Volkswagen announced a major restructuring plan through 2030, including halving its model lineup and reducing production capacity to nine mi