Now playing Next Markets High interest rates and weak demand hit Europe's economy European markets were higher on Tuesday as investors digested a raft of economic data from across the Eurozone, as well as more corporate updates, including BP's latest earnings. 31/10/2023
Now playing Next Markets World Bank: Shock in oil and food prices if Israel Hamas war escalates In its latest report, the World Bank outlines three possible scenarios and what they entail for the commodity markets. 31/10/2023
Now playing Next Markets European markets lower ahead of key ECB rate decision The market's cautious mood comes after a wave of quarterly earnings reports, as traders ponder the ECB's next monetary policy moves due on Thursday. 25/10/2023
Now playing Next Markets Rouble strengthens after Putin reimposes currency controls Moscow has imposed capital controls to prop up its currency, a similar move to the one that saved the rouble from collapsing in 2022 right after its full-scale invasion of Ukraine. 12/10/2023
Now playing Next Markets Birkenstock stumbles on Wall Street over pricey shares Birkenstock stumbled in its stock market debut Wednesday, a day Wall Street traded in its wingtips for sandals. 12/10/2023
Now playing Next Indonesia Euroviews. Indonesia is fast becoming a formidable presence on the global stage Amidst a global landscape riddled with rivalries, Indonesia continues to lead by example, advocating for nations to collaborate on pressing global issues — serving as a geopolitical and economic bridge, Arsjad Rasjid writes. 09/10/2023
Now playing Next Markets Billions at stake: Property giant Evergrande is facing new crisis One of the world's biggest debt restructuring plans has been thrown into uncertainty raising fears of a major Chinese property crisis. 26/09/2023
Now playing Next Markets Oil prices keep rising, experts foresee $100 a barrel After a short pause last week, oil prices are on the rise again fuelled by Russia's temporary ban. 25/09/2023
Now playing Next Business Cisco buying cybersecurity firm Splunk for $28 billion The Silicon Valley tech giant Cisco will pay $157 per Splunk Inc share. 21/09/2023
Now playing Next Markets Toshiba to come off the stock exchange after consortium takeover Toshiba will delist from the Tokyo Stock Exchange within about a month, ending its more than seven-decade history as a listed company. 21/09/2023
Now playing Next Markets Instacart sets IPO price at $30 a share The price gives Instacart a market value of around $10 billion (€9.4 billion). That's far lower than the $39 billion valuation the company announced in early 2021. 19/09/2023
Now playing Next no comment WATCH: Thousands gather for the 24th meeting of 2CV car friends Watch as thousands gathered in Delemont, Switzerland, for the 24th world meeting of '2CV friends'. 27/07/2023
Now playing Next United Kingdom 'Class war': London's street markets cling on against 'gentrification' London's traditional street markets - the beating heart of many communities in the British capital - are being rapidly replaced with shopping malls, offices and luxury housing. 10/03/2023
Now playing Next Money Crypto lender Nexo faces organised crime probe in Bulgaria Nexo’s offices in Sofia were raided by authorities on Thursday as part of an investigation that alleges the crypto company is involved in money laundering, tax crimes and computer fraud. 13/01/2023
Now playing Next Tech News Tesla becomes worst-performing valuable tech stock of 2022 Elon Musk has sold off about $23 billion worth of Tesla stock this year to finance his Twitter purchase. 28/12/2022
Now playing Next Hungary Theft of food in Hungary’s supermarkets rises More people are stealing from Hungary’s supermarkets than last year. Hungarian police figures show there were more than 8,000 thefts nationwide in the first 10 months of 2021 – a rise of more than 22% 15/12/2022
Now playing Next United Kingdom Hunt declares U-turn on Truss tax plan as clamour grows for PM to quit New finance minister Jeremy Hunt has outlined his economic plan two weeks early, as disquiet grows among Conservative backbenchers over the prime minister's position. 17/10/2022
Now playing Next United Kingdom Truss resigns: A timeline of three months of UK political chaos From Boris Johnson's summer resignation, to the economic and political turmoil under Liz Truss's tenure that ended with her departure too: a blow-by-blow account of events in the UK's latest crisis. 14/10/2022
Now playing Next United Kingdom Truss toils to stop UK economic turmoil from turning into tailspin The British prime minister, in office for barely a month, is struggling to stem the tide amid massive market turmoil, gloomy economic forecasts and a catastrophic drop in ratings. 12/10/2022
Now playing Next Economy Market turmoil over Truss tax cut plan 'could hit Europe's economy' The UK pound tumbled on Monday while the cost of borrowing soared to a higher level than that in Greece or Italy, the eurozone's most indebted members. 26/09/2022