Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Portuguese fuel study finds no evidence of operator profiteering
Portugal's energy regulator found no evidence of fuel price profiteering in 2023-2026. Prices followed international refined product costs,
Trump's drone tariffs hit Europe with 15% rate, UK 10%
The US has imposed drone tariffs up to 100%, with the EU at 15% and the UK at 10%. Strict origin rules mean many European makers could still
BP returns to Venezuela with Gulf partners as energy opening accelerates
BP has been awarded operatorship of the offshore Loran gas project in Venezuela, partnering with Abu Dhabi's XRG and Qatar's UCC Oil and Gas
Rotterdam port explosion kills one, injures several at Gunvor refinery
An explosion at the Gunvor refinery in Rotterdam's Europoort killed one person and injured several on 13 August. The blast occurred at about
Azerbaijan's pomegranate push: from local symbol to global export
Azerbaijan exported €48.2 million in pomegranates and products in 2025, targeting markets from the Gulf to Asia. With over 200 varieties and
Truth API lawsuit: Trump's paid feed sparks First Amendment clash
The Intercept and Freedom of the Press Foundation filed suit in Manhattan to shut down Truth API, a paid service giving trading firms early
TikTok's finfluencers: How reliable is the financial advice reaching young investors?
A review of 150 popular finance TikToks found over 70% of creators lack relevant financial qualifications. More than 60% of videos failed to
Spain's inflation hits 3.6% in July, highest in over a year
Spain's annual inflation reached 3.6% in July, the highest since May 2024, driven by electricity prices above €100 per MWh and fuel costs. T
Europe's push for payment autonomy: digital euro and beyond
EU leaders are pushing for payment autonomy as reliance on Visa and Mastercard is seen as a strategic risk. The digital euro is central to t
EU pushes digital euro and payment roaming to cut reliance on US cards
The EU is advancing plans for a digital euro and payment roaming to reduce reliance on US card networks. The initiative aims to strengthen f
IEA and OPEC diverge sharply on 2026 oil demand as Hormuz stays shut
The IEA now expects global oil demand to fall by 1.6 million barrels per day in 2026, the first decline since 2020. OPEC still forecasts gro
US inflation cools to 3.4% in July, leaving Fed's September move a coin toss
US consumer prices rose 3.4% in July, down from 3.5% in June, matching economist forecasts. The data leaves the Federal Reserve's September