Now playing Next Europe News WATCH: High costs for Italian families as children head back to school School expenses are constantly increasing, and this year Italian families have spent around seven per cent more on school supplies compared to 2023. 12/09/2024
Now playing Next Business Germany approves bailout for struggling Meyer Werft shipbuilder The federal government and the state of Lower Saxony are collectively buying up 80% of the firm, as the shipbuilder struggles with a nearly €2.8 billion hole in its balance sheet. 11/09/2024
Now playing Next Europe News Suppliers spooked by Draghi’s calls to reform EU electricity market Mario Draghi’s EU competitiveness report, launched with much fanfare in Brussels yesterday, included a proposal for an electricity market reform that the European Commission shied away from during the energy crisis of 2022. 11/09/2024
Now playing Next Green News Lower energy costs would boost green transition and economy: EU report The landmark Draghi report says the green energy transition is key to saving Europe's economy. 11/09/2024
Now playing Next Europe News The Draghi EU competitiveness report - the reactions Mario Draghi’s anticipated report received mixed reactions, with green groups accusing him of 'dismissing the ecological crisis' and the finance industry acclaiming the bulky report’s call for 'massive investment' amid austerity fears. 11/09/2024
Now playing Next Europe News Sánchez urges the EU to 'reconsider' tariffs on Chinese electric cars "We don't need another war, in this case, a trade war. We need to build bridges between the EU and China," Pedro Sánchez said in Shanghai. 11/09/2024
Now playing Next Food and Drink Sip happens: Sangria with €120,000 worth of Petrus, anyone? A video posted online has become the subject of numerous outraged comments. It shows patrons of a bar on the Côte d'Azur concocting a sangria with one of the world's most expensive wines... 11/09/2024
Now playing Next Home What makes Vienna the world's most liveable city? The Austrian capital ranks highly for stability, healthcare, culture and environment, education and infrastructure. 11/09/2024
Now playing Next Business BMW shares plunge after vehicle recalls for brake system fix BMW has downgraded its full-year outlook following a braking system malfunction that led to a recall of more than 1.5 million vehicles. 11/09/2024
Now playing Next Lifestyle From shoeboxes to Sotheby's: How sneakers took over the luxury market The rare and vintage sneaker resale market has exploded from stored-away shoeboxes to become a global multi-billion euro industry, with designers, tastemakers, musicians and corporate behemoths all jostling to buy and sell their soles. 11/09/2024
Now playing Next Europe Decoded Draghi report: EU's fragmented defence industry needs coordination The EU defence market could face a supply crisis if member states do not align their defence spending and procurement plans, according to Draghi's report on competitiveness. 11/09/2024
Now playing Next Markets Wall Street stocks finish mixed after Trump-Harris US election debate Asian benchmarks dipped after Wall Street's mixed finish following Kamala Harris and Donald Trump's open US election debate. 11/09/2024
Now playing Next Business Why are European carmakers struggling in the electric vehicle market? European carmakers are struggling in the global electric vehicle market, with key brands like Stellantis, Mercedes and Volkswagen losing ground to competitors. High costs and limited new models are hindering growth, with BMW being a rare exception among European brands. 11/09/2024
Now playing Next Travel News A low cost train between Barcelona and Malaga is coming this winter Spain’s new north-south train service will make sustainable travel cheaper and faster. 10/09/2024
Now playing Next Business Battery giant Northvolt to lay-off staff amid EV market slowdown Northvolt has announced that it would be laying off a large part of its workforce and selling or consolidating several sites as the electric vehicle (EV) market slows down. 10/09/2024
Now playing Next Home IFA Berlin 2024: Best AI-powered innovations to run your home How can AI and other tech help make running your home and kitchen more efficient? There were plenty of new ideas from top manufacturers at IFA Berlin. 10/09/2024
Now playing Next Economy Growth in average pay in the UK eases to more than two-year low Euronews Business looks at why growth in the UK’s average earnings, excluding bonuses, has fallen to its lowest level since June 2022, in the three months up to July. 10/09/2024