Business & Markets
Eurozone, banking, industry and the companies doing the work of the European economy.
IMF chief signals return to austerity as global debt nears 100% of GDP
IMF chief Kristalina Georgieva says governments can no longer rely on growth to solve debt problems. Global public debt could exceed 100% of
India raises rates for first time in three years as Iran conflict stokes inflation
The Reserve Bank of India raised its repo rate by 25 basis points to 5.50%, the first hike in over three years. The move comes as the Iran c
Spain's Verifactu e-invoicing delay gives SMEs breathing room but clouds rollout
Spain has delayed Verifactu e-invoicing until 2028, giving SMEs and self-employed more time to adapt. Yet uncertainty over technical require
UBS remains Europe's sole top-10 bank in AI adoption as JPMorgan leads
UBS is the only European bank in the top 10 of the Evident AI Index, as North American lenders led by JPMorgan Chase pull ahead. HSBC droppe
EU-China trade talks enter decisive phase as Brussels seeks concrete results
EU Trade Commissioner Maroš Šefčovič travels to Beijing this week for high-level talks aimed at rebalancing trade with China. The EU's defic
Paramount and Warner Bros. Discovery finalize Skydance merger
Paramount has closed its $81bn purchase of Warner Bros. Discovery, forming Skydance. The new company unites CNN, HBO, and franchises like Ha
Trump's 'super intelligence' rebrand fuels Slovenian .si domain rush
Since Trump's UN speech, over 22,800 .si domains have been registered by 8,000 buyers. US and Indian users lead the rush, with many buying f
UniCredit secures Putin's approval to divest part of Russian business
President Putin has approved UniCredit's plan to sell most of its Russian business, keeping only a payments-focused unit. The Italian bank f
Moonshot AI targets Hong Kong IPO as DeepSeek raises billions
Moonshot AI, maker of the Kimi chatbot, is preparing a Hong Kong IPO after its valuation hit $50bn. Rival DeepSeek is raising up to €13.3bn
Aramco warns global oil reserves may take two years to rebuild
Saudi Aramco's chief executive warns that global oil inventories are dangerously low and could take two years to rebuild. The closure of the
Italy's fuel tax relief ends as diesel prices jump and hauliers warn of strike
Italy's temporary fuel tax cuts expired at midnight, pushing diesel prices up by €0.61 per litre. Hauliers warn of a strike, while the gover
São Paulo stocks surge as Flávio Bolsonaro leads Brazil's presidential race
Brazil's main stock index jumped 8% after Flávio Bolsonaro took a surprise lead in the first round. Investors see his platform of tax cuts a