Now playing Next Business BMW’s earnings driven down: Where are European sales holding up? BMW's most recent first-quarter report highlights a decline in profits; however, electric car sales continue to show strength. Euronews investigates which European regions are experiencing significant growth. 08/05/2024
Now playing Next Business BP's billion-dollar share buyback plan stays despite net profits fall BP's net profit for the first quarter saw a further decline owing to weakened oil and gas prices. Despite this, the oil giant has reaffirmed its commitment to the share buyback plan of $3.5 billion in the first half of the year. 08/05/2024
Now playing Next Business A fistful of yen - a gain for tourists to Japan as shop prices fall As Japan's government steps in to bolster its currency, the weakness of the yen against the euro and the dollar has led to a surprise boost for tourism. 08/05/2024
Now playing Next People How Iceland’s ‘no-frills’ Play Airlines is reinventing budget travel Play Airlines’ new CEO is determined to see the low-cost Icelandic carrier grow while maintaining its no-frills - but great service - ethos. 07/05/2024
Now playing Next Travel News UK backtracks on new EU Entry/Exit scheme at Dover-Calais crossing UK government ministers appear to have acknowledged uncertainty around the EES scheme and have put in place a quasi-soft launch to counteract any difficulties. 07/05/2024
Now playing Next Business BP pledge to cuts costs as profits fall below expectations Energy giant BP is to launch a major cost-cutting programme after Q1 profits were hit by falling gas prices and a refinery outage and earnings fell short of analyst forecasts. 07/05/2024
Now playing Next Business UBS returns to profit for the first time since Credit Suisse takeover The Swiss banking giant's shares were up more than 9% after the earnings report. 07/05/2024
Now playing Next Art Rediscovered Caravaggio to go on show at Madrid's Prado Madrid’s Prado Museum has confirmed that a painting which almost sold for the price of a Macbook at auction is in fact a long lost work of the Italian master painter worth tens of millions. 07/05/2024
Now playing Next Business Eurozone retail sales see biggest surge since September 2022 Eurozone retail sales in March surged, marking the highest increase since September 2022. European stocks reacted positively, buoyed by better-than-expected corporate earnings and hopes of an ECB interest rate cut. 07/05/2024
Now playing Next Climate Redirect farming subsidies from meat for climate's sake, World Bank says EU member states and other high-income countries should shift subsidies from emissions-heavy ‘wasteful’ foods like red meat towards greener fruit and veg, according to the World Bank. 07/05/2024
Now playing Next Culture news Met Gala 2024: The best, worst and most daring looks At this year's Met Gala, aka "fashion's biggest night out", co-hosts Jennifer Lopez and Zendaya stole the show with their stunning floral-inspired outfits. 07/05/2024
Now playing Next Markets Buying a piece of an island: How crypto could change property deals Europe is the hottest market for swapping property for cryptocurrencies, according to the founders of asset-backed cryptocurrency Unicoin. 07/05/2024
Now playing Next Europe News EU ready to make 'full use' of trade defence tools against China: VDL The European Union stands ready to flex its muscles to protect the bloc from China's aggressive trade practices, European Commission chief von der Leyen warned Monday following a three-way meeting with Macron and Xi. 06/05/2024
Now playing Next Economy Macron and Xi talk trade on visit to Paris amid subsidy spat Chinese President Xi Jinping begins his official state visit to France as tensions over electric vehicles and state subsidies simmer. 06/05/2024
Now playing Next Business Ahead in the Markets: The BoE's rate decision, UBS, and ARM earnings This week, all eyes will be on the Bank of England's (BoE) rate decision, along with the release of quarterly earnings reports from major companies including UBS and BP. These events will provide crucial insights into the market trajectory and investor sentiment. 06/05/2024
Now playing Next Economy The untapped potential of Europe's public procurement market The EU needs more competitive and strategic public procurement to unlock the full potential of a €2 trillion market (14% of EU GDP) - and that will require a revision of the existing framework, according to Enrico Letta's recently published report on the single market. 06/05/2024
Now playing Next People Could Croatia be the most sustainable travel destination in Europe? Shoulder season travel and regional destinations top the Balkan country’s sustainable tourism strategy. 05/05/2024