Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
ECB clears UniCredit to take control of Commerzbank
The ECB has allowed UniCredit to surpass the 30% threshold in Commerzbank and to keep increasing its stake without an upper limit. UniCredit
European firms face widening security threats beyond cyberattacks
Cybercrime is only part of the risk picture for European companies. Physical threats to executives, insider incidents and political polarisa
Euro hits new lows against dollar and pound despite ECB rate hikes
The euro dropped to its weakest since May 2025 against the dollar and since June 2025 against the pound. ECB rate hikes have failed to suppo
Anthropic's revenue jumps 46% as it prepares for record $2 trillion IPO
Anthropic reported $16.8bn in quarterly revenue, up 46% from the previous quarter, and an adjusted profit. The AI firm is preparing for a No
Jordan pitches itself as Europe's safe gateway for investment
Jordan's investment minister says the kingdom is a resilient, safe gateway for European capital. Amman wants to turn its €3 billion EU partn
EIB targets cross-border projects to drive Central Asia's growth
The EIB is seeking cross-border infrastructure projects in Central Asia to boost regional development. It has committed €900m to a Kyrgyz hy
UK economy defies forecasts with August growth despite consumer caution
UK GDP grew 0.1% in August, defying forecasts of a contraction. The services sector, led by computer programming, drove the expansion, while
TSMC posts record quarterly profit on AI chip demand
Taiwan's TSMC reported a 68.7% jump in third-quarter net profit, reaching a record high. The surge is fueled by massive global demand for AI
Europe's debt map flips: Belgium borrows like Greece as France pays more than Italy
The old north-south divide in eurozone borrowing costs has reversed. Belgium now pays near-Greek rates, while France's 10-year yield has ove
Russia's internet blackouts drive state firms back to landlines
Russian state firms tripled spending on landline phones in early 2026 as mobile internet outages hit nearly 80% of the country. Officials an
Kazakhstan eyes Antwerp-Bruges link to boost Middle Corridor trade
Kazakhstan wants to link the Port of Antwerp-Bruges with its Caspian ports of Aktau and Kuryk to expand trade along the Middle Corridor. Pre
Lufthansa wins TAP privatisation bid with €1.2bn offer
Portugal has chosen Lufthansa to buy 44.9% of TAP for €1.2 billion. The state retains a 50.1% stake, with Lufthansa taking over executive ma