Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
ECB Rate Hike Looms as Eurozone's Top Four Economies Report Stubborn Inflation
Inflation accelerated in the eurozone's four largest economies in May, driven by higher energy prices. The data strengthens the case for the
Chevron Seeks Stake in Greek Offshore Gas Block as EU Energy Focus Shifts East
Chevron has applied to join exploration of Block 10 in the Ionian Sea, a move that could enhance Greece's position in regional energy securi
Oil Prices Drop as Markets Rally on Hopes of US-Iran Ceasefire Extension
Reports of a US-Iran ceasefire extension have driven oil prices down and markets up. European indices, including the DAX and CAC 40, saw gai
Five Industries Cashing In on Europe's Defence Spending Surge
Europe's defence spending has surged 75% since 2021, reaching €381 billion in 2025. Five key industries—defence manufacturing, drones, cyber
Five Sectors Cashing In on Europe's Defence Spending Surge
European governments are dramatically increasing defence budgets, ending a long era of reliance on US security guarantees. Key sectors like
Italian Police Seize €200 Million from Late Mafia Boss Messina Denaro's Empire
Palermo prosecutors have seized €200 million in assets linked to late mafia boss Matteo Messina Denaro. Three arrests were made in a coordin
Samsung AI Chip Workers Secure €350,000 Bonuses After Strike Threat
Samsung semiconductor workers voted 74% in favor of a profit-sharing agreement that could yield bonuses of up to €350,000 per employee. The
US Attorneys General Investigate FIFA Over World Cup Ticket Pricing
The attorneys general of New York and New Jersey have issued subpoenas to FIFA over allegedly deceptive ticket pricing for the 2026 World Cu
Dell Wins $9.7bn Pentagon Contract Weeks After Trump Endorsement
Dell Technologies has been awarded a $9.7 billion Pentagon contract to provide Microsoft software across the US military. The deal comes les
EU Fines Temu €200 Million Over Unsafe Baby Toys and Faulty Chargers
The European Commission fined Temu €200 million for failing to address risks from dangerous baby toys and faulty chargers. Investigators fou
Beijing's Industrial Push Threatens German Manufacturing Dominance
German economic weakness is not solely home-made, according to a Centre for European Reform study. Beijing's strategic dominance in key sect
IEA Chief Warns EU Against Easing Russian Energy Sanctions Amid Hormuz Crisis
IEA chief Fatih Birol cautions the EU against easing Russian energy sanctions, calling it a 'major mistake' amid the Strait of Hormuz crisis