Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Caspian Transit Investment Key to Europe's Energy Diversification
The Middle Corridor linking Central Asia to Europe via the Caspian Sea is gaining urgency as traditional routes face disruption. Investment
ECB Faces Stagflation Dilemma as Iran War Complicates Rate Decision
The ECB is grappling with stagflation as the Iran war drives energy costs and inflation. Germany and Italy have slashed growth forecasts. Ma
MEPs Warn EU-Mercosur Quota System Could Favor Big Agribusiness
A letter circulating among MEPs warns that the EU-Mercosur trade deal's quota system could be exploited by large South American agribusiness
UK Digital Services Tax: Why Trump Threatens Tariffs Over Tech Levy
The UK's Digital Services Tax imposes a 2% levy on revenues from social media, search engines, and online marketplaces. It raised £944 milli
EU Fuel Prices Surge Over 20% in Latvia and Sweden After Strait of Hormuz Blockade
Fuel prices across the EU rose by an average of 13.5% in March 2026 after the Strait of Hormuz blockade. Latvia and Sweden saw increases exc
Hermès Aims to Elevate Men's Watches to Icon Status Alongside Its Bags
Hermès is targeting male watch collectors to expand its horology business. Executive vice president Guillaume des Seynes aims to make the br
Iran Conflict Fuels US Plan to Transform Syria into Energy Corridor for Europe
A US plan aims to make Syria a key energy transit route, reviving pipelines from the Gulf to Europe via Turkey. Experts warn of security, in
QatarEnergy's $10bn Texas LNG Project Ships First Cargo to Global Markets
QatarEnergy has loaded its first LNG cargo from the $10bn Golden Pass project in Texas. The facility, a joint venture with ExxonMobil, will
Poland Leverages G20 Seat to Amplify Central European Economic Voice
Poland participated for the first time in a G20 finance ministers and central bank governors meeting in April 2025. At the European Economic
Ukrainian Billionaire Rinat Akhmetov Buys €471 Million Monaco Apartment in Record Deal
Ukrainian billionaire Rinat Akhmetov has acquired a five-floor apartment in Monaco's Mareterra development for €471 million, believed to be
Iran Conflict Pushes Eurozone into Recession as PMI Data Signals Sharp Downturn
The eurozone composite PMI fell to 48.6 in April, the weakest in 18 months, as the Iran conflict hit services and drove input costs to a thr
EU Electric Vehicle Sales Surge Nearly 50% in March as Iran Conflict Drives Fuel Prices
Battery-electric vehicle registrations in the EU jumped 48.9% in March compared to last year, reaching over 20% market share. The surge is f