Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
French Farmers Block Lyon Refinery in Protest Over Soaring Fuel Costs
Around 50 farmers in the Lyon region blockaded a TotalEnergies refinery and motorway on Monday, protesting soaring fuel costs tied to the Mi
Saudi Aramco Profit Surges 25% as Iran Conflict Disrupts Hormuz Oil Flows
Saudi Aramco's first-quarter profit jumped 25% to $32.5bn, driven by higher crude prices amid the Iran war. The company redirected exports v
EU-Mercosur Trade Deal: Economic Gains vs. Environmental Fears
The EU-Mercosur free-trade agreement took provisional effect in May, linking over 700 million consumers. It is expected to boost EU exports
Libya Launches Security Crackdown in Zawiya After Clashes Near Key Oil Refinery
Libyan authorities have launched a large-scale security operation in Zawiya following fierce clashes between rival armed groups near the cit
Job Scams Surge Across Europe: Recruiters Face Identity Theft as Gen Z Bears Brunt
LinkedIn research reveals that nearly one in three recruiters in the UK and Germany have experienced identity theft. Gen Z candidates are 3.
Potato Futures Surge 700% on Iran War Fears Despite European Oversupply
Potato-linked financial contracts have risen over 700% in less than a month, driven by war speculation in Iran. This surge contrasts sharply
Iraq Discovers 8.8 Billion Barrel Oil Field Near Saudi Border Amid Hormuz Crisis
Iraq's oil ministry has unveiled a new field in Najaf province with estimated reserves of 8.8 billion barrels. The find comes as the country
Commerzbank Cuts 3,000 Jobs and Raises Profit Targets to Fend Off UniCredit Takeover
Commerzbank plans to cut 3,000 jobs and boost profit targets to €5.9bn by 2030. The move is a direct response to UniCredit's €35bn takeover
Malta-Flagged Tanker Delivers 1 Million Barrels of Iranian Crude to South Korea Amid Hormuz Tensions
A Malta-flagged tanker, the Odessa, arrived off Seosan, South Korea, with one million barrels of crude oil from the Strait of Hormuz. The de
Iran Conflict Reshapes Inflation Hedges: Oil Outperforms Gold as Rates Rise
Since the Iran conflict began, Brent crude has rallied 37% while gold has dropped 10%. The divergence is driven by rising US interest rates,
UK 30-Year Gilt Yields Hit 1998 Highs as Political Turmoil Rattles Investors
UK 30-year gilt yields climbed to 5.79%, the highest level since 1998, as investors demand higher returns amid inflation and energy price co
EU-China Trade Tensions: Can Brussels Stand Firm Against Beijing?
The EU's trade deficit with China reached €360 billion in 2025. Brussels is pushing back with the Industrial Accelerator Act and potential a