Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
Germany doubles 2026 growth forecast as exports defy Iran war shock
Berlin now expects the German economy to grow by 1.3% this year, up from a spring forecast of 0.5%. Strong exports, including stockpiling an
Azerbaijan's SOCAR Green charts renewable expansion across Europe
SOCAR Green plans over 1.5 GW of renewable capacity, spanning solar, wind, and storage. A Black Sea submarine cable will connect regional ma
Solar power gains ground in Nigeria as grid failures persist
Nigeria's chronic power shortages are driving demand for decentralized solar energy. New financing structures aim to manage currency risk an
Gulf economies face 4.3% contraction as Iran conflict disrupts trade, World Bank says
The World Bank expects Gulf Cooperation Council economies to contract by 4.3% on average this year. The Iran conflict has slashed energy exp
Ryanair chief sees no jet fuel shortage in Europe through summer 2027
Ryanair CEO Michael O'Leary expects no jet fuel shortages in Europe this winter or next summer, despite Middle East disruptions. However, he
US launches probe into EU carbon border tax over trade concerns
The US Trade Representative has opened an investigation into the EU's Carbon Border Adjustment Mechanism, citing potential trade barriers fo
Samsung and TSMC post record profits as AI chip demand surges
Samsung Electronics expects its third-quarter operating profit to jump 783% year-on-year to a record $80.2bn, while TSMC's quarterly revenue
Oil surge hits European markets as Iran war fears intensify
European shares opened lower on Thursday as crude prices rebounded on worries about a wider Iran conflict. The US is reportedly weighing new
Poland's economic boom faces its toughest test yet
Poland has become one of the EU's fastest-growing economies, but its model faces mounting challenges. A special debate from Warsaw explores
Madrid vs Latin America: where housing costs really bite
Madrid's housing prices per square metre exceed those in Mexico City, Buenos Aires, Bogotá and São Paulo. Yet lower wages in Latin American
Mercedes global sales drop 6% as electric vehicle demand hits record
Mercedes-Benz global sales fell 6% in Q3 2026, hit by a 31% drop in China. Record electric vehicle sales, up 61%, and growth in Europe and N
Russia turns to Vietnam for jets as seized Western fleet crumbles
Russia has asked Vietnam to lease passenger jets with crews and maintenance as its seized Western fleet deteriorates. Nearly a fifth of Russ