Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Rising European bond yields: what it means for mortgages and public spending
European bond yields have hit multi-year highs, driven by energy prices and inflation fears. Mortgage rates are already rising in Germany an
Uzbekistan unveils €1bn plan to boost business, AI and exports
President Shavkat Mirziyoyev unveiled a five-part business reform plan worth nearly €1bn at an annual dialogue in Khiva. The package include
Karabakh's reconstruction shifts toward industrial growth and investment
Karabakh's reconstruction is moving beyond rebuilding homes to creating new economic opportunities. New industrial and logistics zones near
Gold and silver rally as US debt fears shake investor confidence
Gold has rebounded 11% this month to around $4,466 an ounce, while silver jumped 16.5% to about $66. The moves follow US debt surpassing $40
US debt tops $40 trillion as Treasury doubles bond buybacks to calm markets
The US national debt has crossed $40 trillion for the first time. The Treasury doubled its bond buyback operations to calm a jittery market.
Russia's fuel crisis deepens as Ukrainian strikes cripple refineries
Petrol is now available at fewer than three in ten Russian filling stations. Ukrainian drone strikes have crippled refineries, prompting rat
Oil prices climb as US debt buyback plan lifts global markets
Brent crude rose to $91.90 a barrel as the US-Iran standoff keeps supply concerns elevated. Global shares rallied after the US Treasury anno
Stellantis recalls nearly 1 million vehicles over rearview camera software flaw
Stellantis is recalling nearly 955,000 vehicles globally after a software glitch disabled rearview camera displays. The recall, its third ma
Unitree's robot dancing videos fuel 600% surge on Shanghai debut
Unitree Robotics, known for dancing and backflipping humanoid robots, saw shares surge more than 600% on its Shanghai debut. Retail investor
Russians withdraw billions as fears grow over Kremlin seizure of savings
Russians have withdrawn around €24.4 billion from banks in the first seven months of the year. Fears of state seizure of private deposits an
UK inflation climbs to 2.9% as energy price cap jumps 13%
UK inflation rose to 2.9% in July, up from 2.6% in June, as the energy price cap jumped 13%. Services inflation, including rents and insuran
Cascais street tops Portugal's luxury home price ranking
Rua das Faias in Cascais has the highest median asking price in Portugal at €4.35 million. Lisbon misses the top 10 but holds 40.6% of homes