Now playing Next Business Tesla cuts cost of electric vehicles globally, including in Europe Shortly after announcing thousands of jobs are to go, Tesla reveals it is cutting the price of its electric vehicles around the world, including in Europe. 22/04/2024
Now playing Next Economy Should European countries abolish inheritance taxes? The "death tax" is one of the most emotive and controversial levies, but what would its abolition mean for inequality? 22/04/2024
Now playing Next Markets Markets report: Stocks rebound as fears ease over Middle East conflict Stocks were seen on the rebound as investors showed relief that a wider conflict in the Middle East might be averted. Gold and the dollar eased back as crude oil prices slipped following Iran's Friday comments that it is not looking to retaliate after Israel's reported drone attack. 22/04/2024
Now playing Next Destinations From chateaux to treehouses: The best French countryside hotels From an escape to nature in the Loire Valley to an immersive experience in wine country, these hotels are some of the finest the French countryside has to offer. 22/04/2024
Now playing Next Spain Thousands protest in Canary Islands over 'unsustainable' mass tourism Protestors are calling for a freeze on tourists, arguing that the current model has made life unaffordable and environmentally unsustainable for residents. 21/04/2024
Now playing Next Markets What's going to be different with the halving of Bitcoin this time? Bitcoin prices usually rise for several months following a halving event. However, this time, the market expects the halving to be different. 19/04/2024
Now playing Next Europe News Shipping firms plead for UN help amid escalating Middle East conflict The world's shipping industry has called on the United Nations to provide military protection for vessels operating in the Middle East after the latest seizure of a container ship by Iran, although much commercial traffic between Asia and Europe has already been re-routed around Africa. 19/04/2024
Now playing Next Economy Scholz’s visit to China: Balancing distance and diplomacy The German leader wrapped up a three-day visit to China this week, and trade was high on the agenda. Can the EU afford to be protectionist - and is cooperation on the cards? 19/04/2024
Now playing Next Food and Drink French chefs to seek inspiration abroad as gastronomy sector stalls After centuries of being respected as the modern birthplace of gastronomy and the apex of cooking, France plans to send chefs abroad to improve their cuisine culture to improve traditional fare served up at home. 19/04/2024
Now playing Next Economy Workers' slice of the GDP: How do income shares compare across Europe? Analysis reveals huge disparities in labour income share in GDP among European countries. Falling shares are likely to raise income inequality. 19/04/2024
Now playing Next Economy Could oil price surge derail the ECB's plans for a rate cut in June? Latest developments in the Middle East raise concerns about a potential broader conflict and its global economic ramifications. Key worries for Europe include whether escalating energy prices might influence the European Central Bank's (ECB) decision-making regarding a planned rate cut in June. 19/04/2024
Now playing Next Business Car sales in Europe decline: Is the future of electric cars at stake? In March, car sales in the EU registered a decline with consumer behaviour trends shifting. 19/04/2024
Now playing Next Travel News Tourist tax: Lake Como plans introduction of Venice-style entry fee This Italian lakeside city wants to impose a daily visitor fee. 19/04/2024
Now playing Next Business Netflix reports strong subscriber gains as earnings beat forecasts The world’s largest video streamer, Netflix, beat market expectations in its first-quarter earnings. However, the robust results failed to lift its share price due to weaker-than-expected guidance. 19/04/2024
Now playing Next Markets Markets round-up: Escalating Middle East tensions deepen weekly slump Global markets are poised for a third consecutive weekly decline as tensions rise in the Middle East. Investors are flocking to safe-haven assets, especially gold and silver, amplifying their surge as a safety destination. 19/04/2024
Now playing Next Markets Gold and oil prices rise following reports of Israel strike on Iran Oil prices rose on Friday morning with both Brent and US crude trading higher after Israel reportedly carried out a military attack on Iran. 19/04/2024
Now playing Next Europe News Faced with US and China, EU leaders call for competitiveness deal The 27 leaders of the European Union have called for a "new competitiveness deal" to close the economic gap with its global rivals and reverse a worrying trend of industrial decline. 18/04/2024