Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Oil Surges, European Markets Tumble After Trump Declares Iran Ceasefire Over
Brent crude jumped over 6% after Trump declared the Iran ceasefire over. European indices like Germany's DAX and France's CAC 40 fell more t
Global Economic Risks for Late 2026: Oil, Trade, and AI Uncertainty
The US-Iran peace deal is a critical factor for global economic stability, with oil prices and inflation at stake. Trade tensions between th
Uzbekistan Invests Billions to Boost Value of Food and Metal Exports
Uzbekistan is investing billions to process more of its agricultural and mineral output domestically. The strategy aims to boost export earn
Morocco's Olive Oil Exports to Spain Surge 9,979%: Market Shift or Statistical Blip?
Morocco exported over 10,000 tonnes of olive oil to Spain in early 2026, a 9,979% increase from a year earlier. The jump is largely due to a
Lockheed Martin and Rheinmetall to Produce ATACMS Missiles in Germany for First Time Outside US
Lockheed Martin and Rheinmetall have agreed to produce ATACMS short-range ballistic missiles in Germany, the first such facility outside the
ECB Orders Eurozone's Largest Banks to Fortify Defenses Against AI Cyber Threats
The ECB's supervisory board has sent a letter to 110 directly supervised banks, demanding action plans to address AI-driven cyber risks by O
EU's €3 Customs Fee on Low-Value Imports: Who Really Pays?
Since 1 July, a €3 customs handling duty applies to low-value parcels entering the EU from outside the bloc. While the European Commission s
Euro Area Under Strain as Recession Risks Mount, ESM Economist Warns
Rolf R. Strauch, chief economist at the European Stability Mechanism, warns that euro area governments must create growth to avoid a recessi
Samsung's AI-Driven Profit Surge Fails to Calm Investor Fears Over Chip Cycle
Samsung Electronics forecasts a nineteen-fold profit leap for Q2, yet shares fell sharply. Investors worry the AI-driven memory chip rally m
Five European Economies Set to Outpace Eurozone Growth by 2031
The IMF projects the eurozone will grow just 1.2% annually through 2031, but five smaller European economies are set to expand at more than
Sky to Acquire ITV's Broadcasting Arm for £1.6 Billion, Creating UK Streaming Powerhouse
Sky will acquire ITV's broadcasting and streaming business for up to £1.6bn (€1.87bn). The deal combines free-to-air and subscription TV wit
EU High-Tech Sales Hit €414 Billion in 2024 as Tech Sovereignty Push Intensifies
EU high-tech manufacturing sales reached €414 billion in 2024, up from €273 billion a decade earlier. Pharmaceuticals dominate at 29%, while