Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
BP names Ian Tyler permanent chair after governance crisis
BP has made Ian Tyler its permanent chair after months of boardroom instability. Tyler steps up from interim role following the dismissal of
Russia's double utility tariff hike pushes inflation further from target
Russia has raised utility tariffs by an average of 15% from 1 October, the second increase this year. The central bank warns the move will p
EU trade chief sets October deadline for China to deliver concrete results
EU Trade Commissioner Maroš Šefčovič has given Beijing until October to deliver concrete results or face harsher measures. Talks are underwa
Taiwan's AI stock surge drives risky borrowing boom
Taiwan's stock market surge, fueled by AI demand, has led many to borrow heavily to invest. While some have profited, others face steep loss
Trump threatens to block Bombardier sales in US market
President Trump has threatened to stop Canadian planemaker Bombardier from selling its aircraft in the United States. The move could disrupt
Germany's richest man leaves €42bn fortune to charity foundation
Klaus-Michael Kühne, Germany's richest man, died in August 2026, leaving his €42.2bn fortune to the Kühne Foundation. The transfer, free of
European bond yields hit 15-year highs as global sell-off deepens
Germany's 10-year Bund yield climbed above 3.36%, the highest since 2008. France's OAT yield hit its highest since November 2008, while Ital
Germany seeks Algerian gas deals to ease winter supply fears
Germany's foreign minister is in Algiers seeking long-term gas contracts to diversify supply. German storage is only 53% full, below the EU
Trump vows US will take all of Venezuela's oil as deal details emerge
The White House has published the terms of its Venezuela oil deal, naming the private company at its centre and confirming Washington's majo
Eurozone inflation accelerates to 3.3% as energy costs surge
Eurozone inflation climbed to 3.3% in August, up from 2.9% in July, as energy prices surged 14.3% year-on-year. Core inflation edged down to
Japan's 10-year yield hits 3% for first time since 1996 as G20 pressure mounts
Japan's 10-year government bond yield touched 3% on Tuesday, a level unseen since 1996. The move comes as the Bank of Japan prepares to hike
Shein's Hong Kong debut slides as tariffs and shipping costs bite
Shein's shares dropped as much as 10% on their Hong Kong trading debut, reflecting investor concerns over new tariffs and rising logistics c