Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
AI and Digital Systems Transform Energy Corridors Linking Caspian to Europe
The Southern Gas Corridor and Middle Corridor are vital for European energy diversification. AI and digital systems are enhancing pipeline m
EU Trade Chief to Meet Chinese Envoy Amid Escalating Trade Tensions
EU trade chief Maroš Šefčovič is set to meet Chinese envoy Li Chenggang in Paris on Thursday. The meeting comes as Brussels seeks to address
France, Italy, Spain Propose Voluntary Cross-Border Banking Regime to Tackle EU Fragmentation
France, Italy, and Spain have jointly proposed a new voluntary regime to ease cross-border banking in the EU. The plan aims to reduce fragme
SOCAR, TotalEnergies, and ADNOC Secure Long-Term Caspian Gas Supply Deal
SOCAR has signed a long-term gas supply deal with TotalEnergies, ADNOC's XRG, and Turkey's BOTAŞ for exports from the Absheron field startin
Spanish Hotel Chains Meliá and Iberostar Exit Cuba Amid US Sanctions Pressure
Meliá Hotels International has ceased managing 15 hotels in Cuba, following Iberostar's earlier exit from 12 properties. The moves come as a
Spanish Hotel Groups Meliá and Iberostar Exit Cuba as US Sanctions Bite
Meliá Hotels International has stopped managing 15 hotels in Cuba, following Iberostar's exit from 12 properties on 1 June. The moves come a
OECD Warns of Recession Risk if Iran Conflict Persists, Cuts 2026 Growth Forecast
The OECD has cut its 2026 global growth forecast to 2.8%, warning that a prolonged Iran conflict could push growth to 2.1% and trigger reces
Turkish Man Finds $21.8 Billion in Bank Account, Then Loses Access
Ahmad Jahangard Takalo, a 32-year-old from Van, Turkey, found his bank account credited with roughly 1 trillion lira ($21.8 billion). The ba
Inditex Posts Strong Q1 Sales Growth, Defying Geopolitical and Economic Headwinds
Inditex, the Spanish owner of Zara, posted Q1 net income of €1.4 billion, up 5.4% year-on-year, beating analyst forecasts. Sales rose 5.8% t
Job Insecurity in Europe: Mediterranean Nations Lead in Involuntary Non-Standard Employment
Italy, Spain, and Greece top the EU in involuntary non-standard employment, with nearly one in five Italian workers in unstable jobs. Poland
Australian Trade Minister Urges Patience in EU-China Trade Talks
Australian Trade Minister Don Farrell tells Euronews that patience is key for the EU in managing trade ties with China. He cites Australia's
EBRD Cuts Growth Forecast as Iran Conflict Drives Energy Shock Across Europe and Beyond
The European Bank for Reconstruction and Development (EBRD) has cut its 2026 growth forecast for its regions to 3.1%, down from 3.4%, citing