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Péter Magyar walks line between Brussels and Beijing on China Trade

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Tech News

Why Anthropic's Mythos model has Washington and Wall Street worked up

Business

Spanish inflation rises to 3.4% in March due to higher fuel prices

Business

Luxury giant LVMH faces headwinds as quarterly sales growth slows

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Business

Goldman Sachs posts best quarterly profit in five years with 18% jump

Goldman Sachs reported strong first-quarter results, the best in five years, with quarterly profit rising 18% to $5.4 billion (€4.6bn), as the bank highlighted increased volatility due to geopolitical tensions.

Business

Which countries saw the biggest increase in housing prices in 2025?

House prices rose by 5.5% in the EU in the last quarter of 2025, with stronger growth in some tourist-attractive countries such as Portugal, Croatia and Spain. Experts explain the differences between countries for Euronews Business.

Business

TotalEnergies closes major Saudi refinery after attacks

TotalEnergies has shut a major Saudi refinery after attacks, as Middle East disruptions force it to halt about 15% of its output.

Business

All Dolce, no Gabbana? D&G co-founder quits as chairman amid debt talk

Gabbana has quietly vacated the D&G boardroom, leaving Domenico Dolce's brother in charge — just as the brand wrestles with €450m in debt.

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Business

'No return to normal': IMF warns of lasting damage from Iran war

The IMF is cutting its global growth forecast, preparing €42.9bn in emergency aid and warning that 45 million people face food insecurity.

Business

Spain's warning to the West: Close your borders, wreck your economy

Spain's government has modelled what happens if it closes the door on migration. The results make for uncomfortable reading.

Europe News

What impact could an Iran ceasefire have on energy prices?

The announcement of a two-week ceasefire in the Middle East has triggered an immediate drop in oil and natural gas prices, raising hopes for lower energy bills. However, consumers might not see the effects for several months, even though the oil industry has issued some optimistic forecasts.

Business

European earnings preview: Who wins and who loses from the Iran war?

Eurozone growth has been cut, inflation is surging and the Middle East conflict has shattered the consensus growth story for European corporates. From Paris to Munich, earnings season begins next week.

Business

Greek and Liberian-flagged ships first to pass Hormuz since ceasefire

A Greek-owned bulk carrier and a Liberian-flagged vessel seem to be the first ships through the Hormuz Strait since Wednesday's ceasefire, part of a fragile two-week truce.

Business

Bill Ackman proposes €56 billion acquisition of Universal Music Group

Billionaire investor Bill Ackman has proposed a €56 billion deal to merge Universal Music Group with a US acquisition vehicle, delivering shareholders a 78% premium and a potential New York Stock Exchange listing.

Europe News

How serious will the jet fuel crisis in Europe become?

Jet fuel prices have increased by 95% since the United States and Israel launched military attacks against Iran on 28 February. Higher fares, fuel surcharges and reductions in capacity or limiting of unprofitable routes will be the new normal, energy analysts warn.

Business

Gas discovery off Egypt's coast comes at critical moment for Iran war

ENI and Egypt have announced a significant gas discovery in the Eastern Mediterranean — a potential boost for Cairo as the Iran war sends energy import costs rocketing.

Business

Venture capital hits $320mn as Central Asia's startup scene takes off

Fresh data from the Central Eurasia Venture Forum in Tashkent points to rising startup funding, AI investment and cross-border activity as governments move to improve access to capital and support market expansion.

Markets

What could move markets this week? Here’s what investors are watching

European markets return from the Easter break on Tuesday, coinciding with a deadline set by US President Donald Trump for Iran to fully open the Strait of Hormuz.

Business

Foreign investment in Spain falls by 22% to lowest level since 2021

FDI in Spain fell by 21.8% in 2025 to €30.764 billion, its lowest level since 2021 despite the expected boost from European funds, according to official data.

Business

OPEC+ to hike crude output: Will it make a difference to oil prices?

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has agreed ‌to increase its crude output as the Middle East conflict continues to disrupt oil traffic passing through the Strait of Hormuz.

Business

Portugal among EU countries with most people working 50 hours per week

A recent Randstad analysis indicates that only Greece, Cyprus and France have a higher percentage of employees habitually working 49 hours or more per week than in Portugal.

Business

Cocoa shortage: Why your Easter chocolate costs more than before

Cocoa and chocolate prices in Europe rose significantly faster than overall inflation ahead of Easter. Easter supplies depend on increasingly fragile supply chains.

Business

Easter's chocolate giants: The EU nations fuelling the global industry

The continent's chocolate industry continues to operate at peak production, reaffirming its position as the undisputed world leader in cocoa processing and exports.

Business

Egg prices soar to four times overall EU inflation ahead of Easter

Egg prices, both consumer and wholesale, are on the rise across Europe. Egg inflation significantly outpaces overall inflation in most European countries.

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Business

Rome court rules Netflix price hikes illegal in €500 refund blow

A Rome court has found Netflix's subscription price increases between 2017 and 2024 to be unlawful, potentially entitling millions of Italian subscribers to refunds of up to €500. The streaming giant says it will appeal.

Business

The Central Asian airport quietly becoming a global freight hub

A new cargo terminal, expanded fuel storage and a duty-free customs regime aim to cut transit times and costs. The strategy targets airlines and logistics operators seeking alternative routes between Europe and Asia.

Europe News

How long can the EU’s oil reserves last?

The 400 million barrels of oil released by the International Energy Agency — of which 92 million barrels were contributed by 20 EU countries — could last about five months, according to analysts. The bloc also relies on storage reserves.

Business

Which European countries' ships are most hit by the Hormuz crisis?

In Europe, Greece has been the most affected country so far, with at least 75 ships stranded in the region.

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Economy

Trump unveils up to 100% tariffs on patented drugs

Companies in the EU, Japan, Korea and Switzerland face a lower, capped tariff rate under existing trade agreements with the US.

Business

US bank Goldman Sachs placed under police surveillance in Paris

Police are on high alert days after a foiled attack on a Bank of America branch led to four people, including three minors, placed under formal investigation.

Business

Public holidays: How much does a day off cost in Europe?

Europe takes double-digit public holidays a year on average — but as Denmark showed when it axed one to fund its military, every day off has a price tag.

Business

FIFA raises top ticket price for World Cup final to $10,990

FIFA raised its top ticket price for the World Cup final to $10,990 (€9,533) during the glitch-hampered reopening of sales Wednesday after the 48-team field for this year's tournament was finalised.

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Business

TAP sale: Air France-KLM submits non-binding bid as deadline looms

The deadline for submitting bids for the privatisation of the national airline TAP Air Portugal is this Thursday. The Portuguese government expects to receive three bids.

Europe in Motion

Which European countries have the best salaries after taxes?

Social contributions can weigh as much as a third of the salary paid to an employee.

Business

Germany and Italy propose EU ‘kill switch’ for global stablecoins

Germany and Italy have proposed creating an EU regulatory framework for stablecoins to strengthen financial market safeguards, shifting the discussion from the technical to the political level.

Business

Stellantis calls 77,500 vehicles in Spain for overhaul

The problem affects Peugeot, Citroën, Opel, Lancia, Alfa Romeo, Jeep and Fiat vehicles manufactured between 2023 and 2026, according to the automotive group. The problem detected is not related to the engine, but to two components. It is a voluntary recall.

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Business

Is Portugal heading into a mortgage crisis?

Benchmark interbank rates have been rising, and this is beginning to impact mortgage repayments at a time when there is a record number of such loans in Portugal.

Business

Should you book holiday flights now considering jet fuel price spikes?

Jet fuel prices have more than doubled in recent weeks amid the ongoing Iran war. Airlines have responded with fare increases and temporary surcharges, so should you secure tickets now or wait?

Business

Unilever and McCormick near mega deal to create a food giant

Unilever said Tuesday it had agreed a multibillion-dollar deal with US spices maker McCormick & Company to spin off most of the British group's food business, which is currently valued at $44.8bn (€38.95bn).

Business

European real wages near pre-COVID levels, but Iran crisis poses risks

The post-pandemic surge in inflation across Europe reduced the purchasing power of advertised wages in major economies. In some countries, wages have now caught up, but in others they still lag behind.

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Business

G7 pledges to take 'all necessary measures' to safeguard energy market

G7 countries said they are ready to take “any necessary measures” to preserve stability in the energy market through coordinated action. However, no specific measures have been announced at this stage.

Europe in Motion

What does trade between the EU and Australia look like?

The trade between the EU and Australia is expected to climb as much as 33% over the next decade after they signed a landmark deal. But how has their trade relationship developed so far?

Business

TotalEnergies reaps $1bn windfall from Middle East oil war bet

The French energy giant is reported to have dominated the Middle East crude market in March, snapping up dozens of oil cargoes as wartime disruptions created a historic opening for traders.

Markets

Gold and silver slide: Has the Iran war reversed safe-haven demand?

Gold prices have fallen nearly 25% from their record highs, even as the Iran war continues to weigh on the global economy. Why have investors turned away from the traditional safe-haven asset?

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Partner content

How Costa Rica is taking its sustainable crops global with Amazon

Partner content presented by PROCOMER

Costa Rica is using Amazon to connect European consumers with sustainably produced crops, from coffee and cassava to tropical fruits like pineapple and bananas.

Partner content

Europe Needs a New Mindset and the Courage to Act

Partner content presented by PMI

Why Europe’s competitiveness depends on governance reform — and on investing in people and leadership: a conversation with PMI’s President for Europe, Massimo Andolina.

Markets

European markets mixed as Iran tensions push oil prices higher

Brent crude has jumped more than 50% since the Iran conflict began, as Asian markets fall and European stocks follow suit.

Europe News

The EU's recipe for trade deals : easy on beef, tough on wine

Within weeks, the European Commission has wrapped up deals with Mercosur, India and Australia. Yet despite the backlash over the Latin America agreement, Brussels is sticking to a familiar playbook: offensive on wine and cars, defensive on beef.

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