Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
OECD Report: China's State Subsidies Reach Record Levels, Distorting Markets
Chinese state subsidies have surged to nearly 10% of company revenue in the semiconductor sector, according to a new OECD report. The findin
Belgian Prosecutors Probe Wise Europe Over Money Laundering Compliance Failures
Belgian prosecutors are in advanced stages of investigating Wise Europe over suspected money laundering control failures. The probe focuses
EasyJet Shares Surge 12% as US Investment Firm Castlelake Eyes Takeover
EasyJet shares rose more than 12% after US investment firm Castlelake said it is weighing a possible takeover. The airline's board noted the
Macron Unveils €93 Billion in Foreign Investment at Choose France Summit
President Macron announced €93 billion in foreign investment pledges at the Choose France summit, a record sum. SoftBank leads with €45 bill
Spaniards Now Spend Half Their Salary on Rent, Over 70% in Madrid and Barcelona
In 2025, the average Spaniard dedicates 50% of their gross salary to rent, up from 38% in 2019. In Madrid and Barcelona, the figure surpasse
China's Factory Sector Stalls in May as Energy Crisis and Weak Demand Persist
China's official manufacturing PMI hit exactly 50 in May, the weakest reading since February. New orders slipped into contraction, while hig
EU Considers Capping Chinese Parts in Manufacturing Supply Chains
Brussels is weighing a proposal to cap Chinese parts at 30-40% per supplier, forcing diversification across at least three countries. The pl
EU's Strategic Autonomy Push: Reducing Dependence on China in Critical Sectors
Europe's trade deficit with China reached €359.9 billion in 2025, with imports accounting for 22.3% of all EU imports. The EU relies on Chin
Oil Prices Surge as Iran Halts Talks and Threatens Strait of Hormuz
Crude oil prices rose sharply on Monday as Iran suspended all indirect talks with the US and vowed to fully close the Strait of Hormuz. The
Europe's Road Freight Industry Grapples with Fuel Costs and Aging Workforce
Road freight contributes over €400 billion annually to the EU economy, yet fuel costs eat up 30% of operators' expenses. The industry faces
Poland Surges Ahead as Eastern Germany's Economic Catch-Up Stalls
Eastern Germany's decades-long economic catch-up with the west is stalling, according to the 2026 Competitiveness Report. Poland, by contras
Why Your Grocery Bill Stays High Even as Inflation Slows Across Europe
Food inflation has dropped sharply from its 2023 peak, but European grocery prices are still nearly a third higher than before the pandemic.