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SpaceX starts trading after the largest public offering in history

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Business

Ukrainian AI fintech startup chooses Doha as base after Qatari backing

Economy

UK economy shrinks in April as the Iran war energy shock takes a toll

Business

OpenAI opens Madrid office as it deepens ties with Spanish companies

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Markets

SpaceX's stock market debut: Five risks investors need to know

SpaceX makes its Nasdaq debut this Friday in the largest flotation in history, but analysts warn that a sky-high valuation, weak shareholder rights and mounting losses could leave retail investors exposed.

Business

Portugal triggers EU budget safeguard clause over energy crisis

The EU safeguard clause allows member states to cover energy-related costs in response to the crisis, just as they did in the field of defence.

Europe News

Senior MEP fears Airbus-Boeing dispute could reignite EU-US tensions

German MEP Bernd Lange fears the end of a crucial corporate truce could give the US grounds to breach the Turnberry agreement, which the European Parliament is expected to adopt next week.

Tech News

ChatGPT can now buy things for you after deal with payments giant Visa

Visa has embedded its payment network inside ChatGPT, letting the chatbot independently shop and complete purchases on your behalf.

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Economy

Anthropic pledges more than €170 million to study AI's impact on jobs

Anthropic unveiled a research fund and a policy roadmap for governments to follow if AI pushes unemployment sharply higher, with the CEO suggesting taxes on AI firms could one day fund a universal basic income.

Business

2026 World Cup could earn Portugal up to €945 million

Despite not hosting a single match, Portugal could see nearly €1 billion in economic benefits from a World Cup increasingly driven by digital engagement and consumer spending, according to a new study.

Business

SpaceX IPO could make thousands of employees millionaires

The stock market debut of Elon Musk's AI and space company could make thousands of SpaceX employees significantly wealthier, including some of the firm's lowest-paid staff.

Europe News

Trade and defence top of agenda at EU-South Korea summit

As security threats grow and geopolitics shift, the European Union and Republic of South Korea have celebrated a new Digital Trade Agreement at a summit in Brussels.

Business

German-led fighter jet consortium launches after FCAS collapse

An Airbus-led alliance of eight defence firms will launch Team Gen 6 in Berlin, a German-backed sixth-generation fighter jet project intended to replace the collapsed Franco-German-Spanish FCAS programme, AFP reports.

Partner content

Dubai is training its private sector in agentic AI – here's why

Partner content presented by Dubai Chambers

Dubai bets on agentic AI, aiming to overhaul half of public services and mobilise the private sector with training, incubators and investment funds.

Business

Buying a home in Spain now takes eight years of gross pay

House prices rose 20.5% in 2025, while wages edged up just 1%. The Balearic Islands and Madrid are where buying a home demands the greatest financial effort.

Business

Germany: Growth halves as public sector drives investment

The energy shock is further slowing economic growth and fuelling prices. The DIW institute has halved its growth forecast. Fiscal expansion may soften inflation but cannot fully offset it.

Business

Trump envoy tells Tokayev he has a ‘friend in the White House’ amid US minerals push

The United States and Central Asian countries are seeking to advance investment projects in critical minerals as Washington looks to diversify supply chains for materials considered essential to national security and reduce dependence on China, which dominates much of the global market.

Business

Nearly eight hours apart: Who works the longest weeks in Europe?

People in some European countries work nearly eight hours more a week than those in others, according to Eurostat. Experts point to collective bargaining, part-time work and economic structure as key drivers of the gap.

Business

Spaniards now spend half their salary on rent

An estate portal study shows the average wage share has risen 12 percentage points since 2019. Madrid and Catalonia, with 70% of pay, top the regional ranking.

Business

Airbus-led group proposes fighter jet alternative after FCAS collapse

The FCAS programme had been viewed as a flagship European defence project, aimed at strengthening military cooperation as Europe faces a more assertive Russia.

Economy

German industrial output rises for the first time this year

An uptick of 0.4% in Germany's April factory output and a rise in exports offer little cause for celebration as new orders collapse, energy prices soar and Europe's largest economy continues to struggle to find solid footing.

Europe in Motion

How much is EU trade with the US dropping?

Exports to the US dropped by nearly a third in the first three months of 2026, as the EU prepares to implement its side of a trade deal with Washington.

Business

ChatGPT maker OpenAI files for IPO as AI rivals race to go public

OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.

Europe News

France and Germany abandon joint fighter jet project

The project was seen as a key test of European efforts to work more closely on defence as they seek to present a united front in the face of a hostile Russia at a time of souring ties with the United States.

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Business

Le Havre: 38,000 pairs of fake trainers smashed to pieces

Seized in 2011 in containers from China, almost 38,000 pairs of fake trainers have been destroyed in Le Havre after years of legal wrangling, highlighting the scale of counterfeiting in France.

Tech News

Wizz Air announces Starlink wifi deal as other budget rivals hold back

The Hungarian budget carrier will roll out satellite internet across its fleet from 2027, as Ryanair and EasyJet continue to resist the technology over cost concerns.

Business

Intesa launches bid for MPS, would become Europe's No 2 bank

Within 24 hours of Banco BPM’s merger bid, Intesa Sanpaolo launches a full public offer for Monte dei Paschi di Siena. If approved, the deal would create Europe’s second-largest banking group.

Business

Iran war fuel shock wipes out half of airline profits in 2026

Revenues are forecast to rise strongly and passenger traffic to hit new records, yet the global airline industry is seeing profits squeezed by an Iran war-driven jet fuel price shock, according to the industry's latest outlook.

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Markets

Can the market handle SpaceX, OpenAI and Anthropic all at once?

Three of the most valuable companies ever created are going public within months of each other. The combined value of SpaceX, OpenAI and Anthropic could reach $4 trillion (€3.44trn). Wall Street is excited but also nervous.

Europe News

Exclusive: Inside the EU’s struggle to police tariff circumvention

As the EU moves to strengthen its defences against cheap Chinese imports, some Chinese companies are openly advertising ways to bypass EU duties, from transhipment to minimal product transformation. Euronews looks into the methods circulating online.

Europe News

EPP chief warns of EU-China trade war

Countries like France are pushing for a tougher stance against Beijing, arguing that Chinese overproduction is straining an already struggling European economy.

Business

Google rents SpaceX/AI supercomputers for $920M a month

Google has signed a $30 billion deal to lease computing power from SpaceX, paying $920 million per month through June 2029. The move came after SpaceX acquired xAI in February 2026, gaining massive data centres. The deal precedes SpaceX’s highly anticipated IPO next week.

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Business

Pay transparency: Which EU countries are ready for the new rules?

Millions of Europeans still apply for jobs without knowing how much they pay. New EU rules aimed at boosting salary transparency and tackling the gender pay gap were due to take effect by 7 June, but most member states are set to miss the deadline.

Europe News

Trade commissioner pledges ‘new tool’ to diversify suppliers

The European Commission is preparing a new tool to curb the bloc's dependence on China, with Trade Chief Maroš Šefčovič saying on Friday that companies could be required to source from at least three different suppliers.

Azerbaijan

Smart pipelines: Can AI protect the world’s energy lifelines?

As ageing pipelines face growing risks, the energy industry is increasingly turning to AI and smart monitoring systems to improve their safety and efficiency.

Economy

Eurozone economy shrinks by 0.2% in the first quarter of 2026

The 21-member euro area has entered negative territory for the first time in over a year, with a dramatic Irish contraction masking more nuanced performances across the bloc's major economies.

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Business

Greece gets green light to repay €6.95bn of bailout loans early

Greece has been cleared to repay almost €7bn of bailout loans ahead of schedule, in a move European officials say will improve the country's debt position.

Tech News

Anthropic co-founder warns AI could soon slip beyond our control

Anthropic co-founder Jack Clark said AI agents might soon be able to build and train models themselves and, if that happens, humans could lose control over AI systems.

Business

Global steel crisis deepens as oversupply grows, OECD warns

The global steel industry is facing a growing crisis as subsidised production and excess capacity continue to distort markets, according to the OECD. It says state-backed steel production, particularly in China, is increasing pressure on producers in Europe and other OECD economies.

Business

Hong Kong wants to be a bridge between China and Central Asia

High-level Hong Kong delegation visited Kazakhstan and offered new partnership in several economy sectors including professional services for companies attempting to enter respective markets.

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Azerbaijan

US eyes stake in Azerbaijan pipelines after Trump-brokered peace deal

Washington wants in on Azerbaijan's pipelines and energy infrastructure, a senior US official said in Baku, as the two countries deepen economic ties following Trump's White House peace deal with Armenia.

Business

Remy Cointreau posts 35% profit drop, shares jump on recovery hopes

French drinks group Remy Cointreau reported a 35% drop in full-year net profit on Thursday as tariffs slammed sales in its key China and US markets. Despite this, shares soared more than 10% on Thursday morning.

Markets

AI giant Broadcom sheds $300bn as outlook misses sky-high expectations

The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but it disappointed investors by not raising its long-term sales target, sending shares tumbling more than 12% in after-hours trading.

Tech News

Amazon pledges €10bn for Europe with 25,000 jobs and warehouse robots

Amazon is making one of its biggest new bets on Europe, announcing more than €10 billion in investments to expand and modernise its warehouse and delivery network across the continent over the coming years.

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Business

SpaceX targets biggest IPO in history with $1.75tn valuation

The company said on Wednesday that it plans to list its shares at $135 each. The offering would value SpaceX at around $1.77tn (€1.56tn), making it one of the world's most valuable listed companies and potentially the largest IPO in history.

Business

Energy transport corridors to Europe boosted by new digital systems

AI and new digital technologies are key to the urgently needed alternative energy trade routes through the Southern Gas Corridor and the Middle Corridor systems connecting the Caspian and Europe.

Europe News

EU trade chief to meet China envoy amid heated trade tensions

Brussels is moving to crack down on Chinese overcapacity flooding the EU market, despite Beijing’s retaliation threats.

Business

France, Italy and Spain push to fix EU banking fragmentation

The call to create a voluntary cross-border framework for banks comes ahead of a major Commission report on sector competitiveness.

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What legacy will WUF13 leave?

In partnership with World Urban Forum

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How Japan is helping Vietnam build resilience against disasters

In partnership with The Government of Japan

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