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Split over market supervision threatens EU competitiveness plans

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Business

Spanish steel pipe maker Tubos Reunidos goes insolvent after 134 years

Europe News

'We should never have signed this trade deal,' leading MEP says

Business

HSBC profits dip while UniCredit's rise in latest earnings reports

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Economy

Shipping giant MSC opens new trade route to bypass Hormuz disruption

As tensions choke the Strait of Hormuz, Mediterranean Shipping Company races to keep global trade moving with new route.

Europe News

EU and US trade chiefs to meet as tariff tensions escalate

The Turnberry deal is still under negotiation between EU governments and lawmakers before it can take effect on the EU side, and the Commission warned that if the US takes actions deemed inconsistent with the agreement, it reserves the right to consider all options.

Business

Anthropic reportedly in talks to secure UK-based Fractile AI chips

Anthropic is reportedly in discussions to procure high-performance AI chips from Fractile, a London-based start-up. The agreement aims to diversify the hardware supply chain of the Claude creator, namely away from Nvidia.

Business

GameStop launches $56 billion takeover bid for e-commerce giant eBay

The gaming retailer GameStop has launched a surprise $56 billion (€47.8bn) bid to acquire the online marketplace eBay, marking a potential aggressive expansion into global e-commerce.

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Europe Today

Donald Trump's EU car tariffs ‘targeting Germany,’ says key German MEP

German MEP Bernd Lange said US President Donald Trump’s threat to impose 25% tariffs on EU cars appears to target Germany, following Chancellor Friedrich Merz’s criticism of the US stance on Iran. However, the move would likely breach the EU–US trade agreement reached last summer.

Business

New Gulf-Asia trade corridor in UAE-South Korea agreement

The UAE signed a landmark trade deal with South Korea, the day after it left OPEC, while Qatar is also engaging with Seoul for its own trade agreement. The Gulf states are paving a structural trade corridor with Asia.

Business

Where are billionaires multiplying the most over the next five years?

Europe's share of global billionaires is set to rise marginally, while the Americas will see a slight decline despite growing in absolute numbers. Euronews Business takes a closer look at the billionaire boom between 2026 and 2031.

Business

Which European cities are driving the luxury housing surge?

Prague led Europe's prime property market in 2025 while London saw the largest decline. Tokyo dominated globally with a near 60% surge. Euronews Business takes a closer look at changes in luxury housing prices.

Business

Contentious EU-Mercosur trade deal takes provisional effect

The EU-Mercosur free-trade deal took provisional effect on Friday despite a legal challenge before the Court of Justice of the European Union.

Business

The UAE's OPEC exit puts Gulf oil unity to the test

The UAE's exit from OPEC signals a strategic shift, raising questions about Gulf coordination and the organisation's future.

Business

Why is Europe's break from Visa and Mastercard facing resistance?

The digital euro could arrive by 2029 — but a bitter battle between Brussels and the banks stands in the way.

Europe News

EU vows to fight ‘tooth and nail’ for industry after China threats

In an interview with Euronews, EU Trade Commissioner Maroš Šefčovič said the European Union would stand its ground after China threatened retaliatory measures over plans to strengthen the bloc’s industrial policy.

Business

Bank of England holds rates as Iran war sends oil prices to new highs

The Bank joins the Fed and Bank of Japan in sitting tight, as war in the Middle East drives oil prices higher and blows the spring rate-cut playbook apart.

Business

Volkswagen profit drops as carmaker signals further cost cuts

Volkswagen warned its future is at risk as profits fell sharply and it signalled deeper cost cuts. The carmaker is battling weak demand in China, rising competition, tariffs and pressure to simplify its complex structure.

Europe in Motion

Germany is now Europe's largest military spender: What is it buying?

Military spending by European NATO members last year rose faster than at any time since 1953.

Business

Google parent Alphabet profit jumps 81% amid Big Tech earnings results

Alphabet, Amazon, Meta and Microsoft all beat earnings expectations, as they reported on Wednesday, but Alphabet stood out, with its shares jumping 7% in extended trading on strong cloud growth.

Europe News

China pushes EU to scrap 'Made in Europe' law or face retaliation

As EU countries debate the European Commission’s proposal, Beijing is urging national governments to abandon the planned law. Otherwise, China says it will take countermeasures.

Markets

First Ukrainian companies added to London-listed reconstruction fund

For the first time Ukrainian equities have been included in a London-listed fund, which aims to channel investment into the nation’s eventual post-war reconstruction and current economic resilience.

Business

Caspian-Central Asia corridor strained as trade routes shift

The Caspian-Central Asia corridor is facing growing strain as rising trade volumes outpace existing pipelines, rail and port capacity, while the Middle Corridor gains relevance as an alternative route between Asia and Europe.

Business

European bank profits rise amid markets rattled by Iran war

Three of Europe’s biggest banks delivered record or above-forecast profits on Wednesday. TotalEnergies posted strong earnings, while Mercedes-Benz turned more cautious as collapsing China sales and geopolitical uncertainty weighed on the outlook.

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Business

Mega elevator deal: Finland's KONE buys German rival TKE for €29.4bn

Finnish lift maker Kone nearly doubles its size in what the Finnish media described as the largest corporate acquisition ever carried out in Finland.

Europe News

China hawks are gaining ground in the Commission

The European Commission's services are sizing up tools to counter Chinese rivals, including the Anti-Coercion Instrument. But despite mounting pressure from Beijing, the issue is still in its early stages — and EU member states remain divided.

Business

How the Iran war boosted profits at BP and Barclays

Barclays' profits rose, but loan losses weighed on its first-quarter results. At the same time, oil giant BP’s earnings jumped, largely driven by an exceptional oil trading boom linked to the Iran war.

United Arab Emirates

UAE leaves OPEC, citing national interest in 'a new energy age'

The UAE’s historic decision is a major blow to the alliance of oil producers, just as the global energy crisis is escalating over Iran’s blockade of the Strait of Hormuz, but the Gulf state insists its decision “enhances the UAE’s ability to respond to evolving market needs."

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Business

Qatar expands North Field project as LNG output faces disruption

Qatar is moving ahead with its North Field gas expansion after awarding a key contract, even as regional tensions continue to disrupt LNG output and exports.

Business

Biggest merger ever? Deutsche Telekom eyes tie-up with T-Mobile US

Deutsche Telekom already owns 53% of T-Mobile US. Now it wants the rest — in what could become the biggest corporate merger in history.

Europe Today

Which European countries have the most teenage entrepreneurs?

Around 69,000 EU entrepreneurs are under 20. The Netherlands and Italy lead the pack — a positive sign for Rome, amid gloomy youth employment rates.

Business

Exclusive: Revolut set to open first physical store in Barcelona

Revolut is making its debut in brick-and-mortar retail with the opening of its first physical store in Barcelona.

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Business

Caspian and Central Asian oil markets recalibrate amid trade shifts

The oil sector in the South Caucasus and Central Asia is shifting towards more flexible trading strategies as volatile markets and Asia-led demand reshape global energy flows.

Travel News

Ryanair boss claims some airlines ‘could go bankrupt’ over oil prices

The outspoken CEO of Europe’s biggest airline named Wizz Air and airBaltic as among those at risk.

Partner content

Inside Europe’s Supply Chains: Why Companies Source From The UK

Partner content presented by DBT

European manufacturers increasingly build their supply chains across borders, drawing on suppliers, skills and production in multiple countries. For companies like Bosch, the UK plays a specific role within that network, contributing a unique set of skills and expertise.

Business

Germany has world's second biggest gold reserve. Time to cash it in?

To ease the burden on consumers, DIW head Marcel Fratzscher proposes selling part of Germany's gold reserves — currently worth around €440 billion.

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Travel News

Ryanair begins phasing out Berlin base as air traffic drops by 27%

The move comes as Berlin’s international airport says increased charges are not on the cards and Germany’s Finance Ministry approved flight levies to be scaled back.

Business

TotalEnergies ramps up refinery output to secure French fuel supply

TotalEnergies has maximised its output at the Gonfreville refinery to protect the French market from external supply shocks. The facility is operating at its limit to produce essential fuels as energy markets remain disrupted.

Business

Beijing pans EU's plans to supercharge industry

Beijing released a statement on Monday attacking the EU’s strategy to supercharge local industry, arguing that the European preference creates investment barriers and discrimination – and that countermeasures could follow.

Europe Today

Newsletter: EU leaders back US president after attack

Also in this newsletter: On 40th Chernobyl disaster anniversary, Zelenskyy accuses Russia of committing 'nuclear terrorism.'

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Business

Key US senator lifts block on Fed chair nominee Kevin Warsh

The Republican senator who had effectively blocked confirmation of President Donald Trump’s pick to lead the Federal Reserve said on Sunday he was dropping his opposition after the Department of Justice ended its investigation of the current central bank chair.

Business

Why investing in Caspian transit routes is crucial for energy security

As old energy routes buckle under the pressure of war and geopolitical disruption, governments and companies are converging on the Caspian region as the corridor that could keep Eurasia's energy flowing.

Europe News

Mercosur: MEPs warn of concentration risk from quota system

A letter obtained by Euronews is circulating among MEPs sounding the alarm on the potential abuse of the EU-Mercosur trade deal quota allocation system by South American Big Agriculture.

Tech News

Explained: Why is Trump angry about the UK's digital services tax?

Trump has revived a tariff warning over the UK's digital services tax. Here's everything you need to know about it.

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USA

US soldier charged with using Maduro intel to win €341k on Polymarket

Polymarket said in a statement it had flagged the user who made the bets to the US Department of Justice and cooperated with the investigation.

Business

Intel shares soar 20% as AI demand fuels first quarter earnings beat

Intel posted first-quarter results that beat expectations, sparking a 20% rise in its share price in after-hours trading. The US government's stake in the company, acquired under the Trump administration, is up nearly 300%.

Europe in Motion

Where have fuel prices been rising the most since the Iran war?

Europe is feeling the pinch after the blockage of the Strait of Hormuz, with stark differences between countries.

Business

Meta axes 8,000 jobs to fund AI spending, Microsoft to follow suit

Two of the world's biggest tech companies are shrinking their headcounts — Meta through layoffs, Microsoft through buyouts — as the AI spending race heats up.

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