Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Europe's Millionaire Surge: Eastern Europe Leads Growth, UK and France Top in Numbers
Eastern Europe recorded the fastest growth in dollar millionaires in 2025, with Lithuania, Turkey, and Latvia topping the global list. The U
EU Opens Probe into Chinese Pekin Duck Imports Amid Trade Tensions
The European Commission launched an anti-subsidy investigation into Chinese Pekin duck imports following complaints from EU producers. The p
Volkswagen Union Warns of 'Major Conflict' Over 100,000 Job Cuts and Plant Closures
IG Metall warns Volkswagen's management risks a 'major conflict' with workers over plans to cut up to 100,000 jobs and close four German pla
Spanish Court Orders BBVA and Ex-Chairman to Stand Trial in Villarejo Scandal
Spain's National Court has ordered BBVA and its former chairman Francisco González to stand trial over alleged illegal contracts with ex-pol
Volkswagen Faces Crucial Talks on 100,000 Job Cuts and Plant Closures
Volkswagen's supervisory board meets Thursday to discuss a restructuring plan that could cut 100,000 jobs and close four German plants. Unio
Russia Bans Diesel Exports as Ukrainian Strikes Disrupt Fuel Supply
Russia has imposed a ban on diesel exports to address a domestic fuel crisis triggered by Ukrainian strikes on its energy infrastructure. De
Europe's Pet-Friendly Workplaces: Where Dogs and Cats Are Welcome
The UK leads Europe with 64% of job listings allowing dogs, followed by Germany at 45%. A Mars survey of 16,000 workers finds 55% would cons
Central Banks Face Credibility Test as Rate Cut Timing Risks Reigniting Inflation
Central banks risk undermining hard-won credibility if they cut rates too soon, economists warned at the Tashkent Monetary Policy Dialogue.
Ukrainian Strikes on Russian Fuel Depots Cause Petrol Shortages in Saint Petersburg
Ukrainian strikes on Russian fuel depots have disrupted petrol supplies in Saint Petersburg. Many filling stations are rationing fuel or clo
IMF Trims Growth Forecasts for France and Germany, Italy Holds Steady
Italy's GDP growth is forecast at 0.5% for both 2026 and 2027, supported by NRRP investments. The IMF downgraded France's 2026 outlook to 0.
French Regulator Orders Meta to Resume Copyright Talks with Press Groups
France's Autorité de la concurrence has ordered Meta to resume talks with press groups over copyright payments. The regulator says Meta's ap
Premier League Clubs' Pre-Tax Losses Surge 600% Despite Record Revenue
Premier League clubs' pre-tax losses soared to £948mn in 2024/25, a 600% increase from the previous season. Revenues rose 8% to a record £6.