Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Shein's Hong Kong IPO values it at $27bn, with Europe pivotal
Shein's Hong Kong IPO seeks up to $1.77bn at a valuation near $27bn, down from $100bn in 2022. Europe generates 35.4% of revenue, but new EU
US unveils 'economic D-Day' against Iran as oil markets brace
US Treasury Secretary Scott Bessent has declared an 'economic D-Day' against Iran, vowing to sever all financial lifelines. The measures, to
UK football clubs triple data analyst hiring since 2018
UK football club job postings have tripled since 2018, reaching 714 per million jobs in 2025. Data and analytics roles now account for 3.2%
Uzbekistan and Azerbaijan sign friendship treaty, target $1bn trade
The presidents of Uzbekistan and Azerbaijan signed a Treaty on Eternal Friendship in Tashkent, setting a $1bn trade target by 2030. They als
America's $40 trillion debt: five charts that explain the crisis
The US gross national debt has crossed $40 trillion for the first time, doubling in a decade. Interest payments now exceed $1 trillion a yea
Portugal's pension surplus masks looming crisis, report warns
A working group led by economist Jorge Bravo finds Portugal's pension surplus is an illusion, with a real deficit of €1.94 billion. Replacem
Dubai's digital economy strategy offers lessons for European hubs
Dubai's digital sector contributed €11.1 billion to GDP in Q1 2026, with 1,690 startups supported in 2025. Its regulatory clarity and infras
Bitcoin jumps 25% as short squeeze meets Washington's crypto push
Bitcoin climbed above $79,000 on Friday, its highest in months, after a violent short squeeze. The rally was fueled by US Treasury bond buyb
Monte dei Paschi unveils €34bn twin share-swap bids for Banco BPM and Banca Generali
Monte dei Paschi has set out the terms of two share-swap bids worth €34bn for Banco BPM and Banca Generali. The move counters Intesa Sanpaol
Bessent signals larger US debt buybacks as long-term yields climb
US Treasury yields erased Wednesday's relief rally, prompting Scott Bessent to promise larger buybacks. He cites weak liquidity at the 30-ye
Von der Leyen pressures China to narrow EU trade deficit
European Commission President Ursula von der Leyen has intensified calls on China to address the EU's trade imbalance. She stressed the need
Monte dei Paschi board backs dual share-swap bids for Banco Bpm and Banca Generali
Monte dei Paschi di Siena's board has approved CEO Luigi Lovaglio's plan to launch two separate share-exchange offers for Banco Bpm and Banc