Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Washington to pay RWE €1.06 billion to scrap US offshore wind leases
RWE will receive $1.22 billion from the US Interior Department to relinquish offshore wind leases off New York, California, and Louisiana. T
easyJet accepts €6.6bn Apollo takeover, keeping EU ownership limits
easyJet has accepted a £5.7bn (€6.6bn) cash takeover from US private equity firm Apollo Global Management. The deal, priced at £7.15 per sha
Nigeria's crypto framework and the push to turn remittances into investment
Nigeria is advancing a regulatory framework for virtual assets, aiming to boost transparency and investor confidence. The move could also he
Nintendo profits jump 54% on Switch 2 demand and Mario movie success
Nintendo's net profit surged 53.5% in the April-June quarter, helped by strong Switch 2 demand and the Super Mario movie. Sales fell 9.5% bu
Washington repays $100bn in tariffs after Supreme Court ruling
US authorities have returned roughly $100bn of the $165bn collected under Trump's 'Liberation Day' tariffs. The refunds follow a Supreme Cou
Europe's AI supply chain powers stocks to record highs in 2026
The STOXX Europe 600 and EURO STOXX 50 set new records, with the broader index up 10% in 2026. Gains are led by semiconductor and industrial
China hits US firms with drone export curbs ahead of Xi's visit
China has announced export controls on drones and a ban on dealings with six American entities, responding to recent US restrictions. The me
Kazakhstan shifts from oil to manufacturing as investment surges
Kazakhstan's manufacturing sector has overtaken mining for the second year running, helped by record greenfield investment. The government i
Infineon posts record revenue as AI data centres fuel demand
Infineon, Germany's largest semiconductor maker, posted record quarterly revenue of €4.2bn, up 13% year-on-year. AI data centre power soluti
SpaceX beats loss forecasts in debut report despite AI spending doubts
SpaceX reported a $541 million loss in Q2, beating analyst forecasts, with revenue up 90% to $7.8 billion. Starlink subscribers doubled to 1
China's Morocco and Turkey push tests EU trade defences
Chinese factories in Morocco and Turkey are exploiting EU trade deals to bypass tariffs. Brussels is weighing new measures, but its toolbox
Revolut secures full French banking licence to accelerate EU expansion
Revolut has been granted a full banking licence in France, marking a major milestone in its European expansion. The licence allows the finte