Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
German mortgage rates hit highest level since 2009 amid Iran war inflation fears
Ten-year mortgage rates in Germany have climbed to around 4.5%, the highest since the 2009 financial crisis. The Iran war and resulting infl
Oil holds above $110 as Hormuz tensions keep markets on edge
Brent crude remains above $110 a barrel as geopolitical risks in the Strait of Hormuz sustain a hefty premium. European gas prices stay near
Ryanair CEO O'Leary slams von der Leyen as 'useless' over green rules
Ryanair CEO Michael O'Leary has branded European Commission President Ursula von der Leyen 'useless' and the European Parliament a 'ship of
Roche freezes German expansion plans, citing policy distrust
Roche has put all future investment decisions in Germany on hold, citing political decisions that have destroyed trust. The move comes as Be
France's riot damage bill doubles as insurers brace for claims
At least 3,000 French shops were damaged in weekend riots, double earlier estimates. Insurers are mobilised but have no loss estimate yet. B
French shopkeepers count the cost after nationwide looting spree
Violent protests over living costs and school conditions have left a trail of smashed shops and burnt debris across French cities. Shopkeepe
Musk offers SpaceX shares to every US child in $10.7bn giveaway
Elon Musk says he will give one SpaceX share to every child in the US next year, worth about $10.7bn. The pledge follows Anthropic's plan to
France's debt strain could push Italy into recession, analysts warn
France's bond yields are near multi-decade highs amid political unrest and fiscal strain. Oxford Economics models show a severe shock could
Chinese automakers steal the spotlight at Paris auto show
Half a million visitors attended the Mondial de l'Auto in Paris, where 25 Chinese carmakers showcased their latest models. Brands like Zeekr
China's shifting tastes test European luxury brands' growth hopes
Chinese consumers are increasingly favoring second-hand bargains and homegrown labels over European luxury goods. This shift is squeezing sa
European markets dip as French unrest hits businesses and bonds
European stocks opened lower on Monday after a weekend of violent protests and looting across France. Retailers like Carrefour and Lacoste r
Managing money in an era of high prices and volatile interest rates
As living costs and borrowing expenses remain high, experts urge careful budgeting and risk management. Households should track spending, wh