Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
IEA pushes for faster diesel releases as global supply tightens
The International Energy Agency is calling on member countries to speed up pledged oil releases, with a focus on diesel. The move comes as g
BYD eyes French plant as it expands European manufacturing
BYD's vice-president says France is on the shortlist for a new plant. The company already has 90 sites in France and plans more European fac
Romania and Croatia lead EU rent inflation as housing turns financial asset
Rents in Romania rose 43.5% year on year and in Croatia 40.1%, against an EU average of 3%, according to Eurostat. Analysts point to adminis
Macron's Last Motor Show Pitch: EU-Made Cars Only
Emmanuel Macron opens his last Paris Motor Show, championing a 'Made in Europe' agenda. He wants EU subsidies tied to local production, but
Trump announces Russian diesel imports to US in bid to lower prices
Trump announced Russia will supply 300,000 tonnes of diesel to US and global markets, with another 500,000 tonnes in November. The Treasury
EU and China reach preliminary car trade deal as Brussels seeks balance
The EU and China have reached a preliminary agreement to limit Chinese hybrid vehicle exports and improve market access for European goods.
EU spent €7.9bn on Russian Arctic LNG despite phase-out pledge
The EU spent €7.9bn on Russian Arctic LNG in the first nine months of 2026, with imports hitting a record 12.18 million tonnes. Despite pled
Italian steelworkers strike as Taranto plant shutdown looms
Unions have called a strike for 12 October at all former Ilva sites in Italy. Production at Taranto's hot end is suspended, and plants in Ge
EU finance ministers back stronger ESMA to unify capital markets
EU finance ministers reached a deal to strengthen ESMA's role in supervising major financial market operators. The reform aims to reduce fra
Rhenus plans 14 terminals to boost Middle Corridor trade links
Rhenus Group will build a multimodal hub in Aktau, Kazakhstan, and up to 14 terminals along the Middle Corridor. The network aims to link Ce
QatarEnergy's LNG expansion targets early 2027 amid $3bn Chinese loan
QatarEnergy expects the first unit of its North Field East LNG project to begin production in Q1 2027. The company has reportedly secured a
Eurozone bond markets signal stagflation risk as growth stalls
Eurostat's cycle clock flags a sharp eurozone slowdown. Bond markets show French fiscal stress and sticky inflation, but no recession signal