Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Finnish Businessman Sentenced for Evading EU Sanctions via Truck Exports to Russia
A Finnish court sentenced entrepreneur Risto Riihimaki to three years and eight months in prison for exporting 164 trucks and trailers to Ru
Trump's Crypto Empire Generated Over €1 Billion in First Year Back in Office
Donald Trump's crypto businesses generated over €1 billion in revenue in his first year back in the White House. Ordinary investors in the s
Eurozone Inflation Falls to 2.8% in June as Energy Costs Ease Across Bloc
Eurozone annual inflation fell to 2.8% in June, down from 3.2% in May and below the 3.0% forecast. Core inflation eased to 2.4%, while energ
Europe's €37 Trillion Savings Gap: Why Capital Markets Remain Fragmented
Europe holds €37 trillion in household savings, yet its fastest-growing companies often seek funding in the US. Policymakers are pursuing in
EU-China Trade Conflict Looms Without Autumn Deal, EPP's Weber Warns
EPP leader Manfred Weber says the EU is entering a phase of conflict with China unless a trade deal is struck by October. New steel quotas a
EU Ends Duty-Free Imports from Shein, Temu, and AliExpress with New €3 Fee
From 1 July, the EU imposes a €3 duty per item on imports from Shein, Temu, and AliExpress, scrapping the €150 exemption. The move aims to c
Kazakhstan Plans to Boost Oil Exports via Baku-Tbilisi-Ceyhan Pipeline After Georgia Talks
Kazakhstan plans to increase oil exports through the Baku-Tbilisi-Ceyhan pipeline after talks in Astana. Bilateral trade reached $184.5 mill
EBRD Lends $50 Million to Uzbekistan Bank to Boost Youth Entrepreneurship
The EBRD is lending $50 million to Uzbekistan's SQB bank to expand credit for entrepreneurs under 35. Small businesses account for over half
Cyprus Gas Fields Glaucus and Pegasus Could Begin Production by 2033
ExxonMobil and QatarEnergy signed a declaration of marketability for the Glaucus and Pegasus gas fields off Cyprus. Production could start b
Baku Hosts 2026 Islamic Development Bank Meetings on Regional Economic Integration
Ministers and policymakers gathered in Baku for the 2026 Islamic Development Bank Annual Meetings. Discussions centered on connectivity, tra
IKEA's Dorothée Gardon on AI, Viral Moments, and Brand Control in the Social Media Age
IKEA's Dorothée Gardon spoke at Cannes Lions about balancing AI, affordability, and brand identity. She highlighted how a viral video of a m
EU Allocates Steel Import Quotas to Allies Amid Global Overcapacity Crisis
The EU has allocated steel import quotas to trading partners, effective July 1, to curb a surge from global overcapacity. Half of the 18.3 m