Now playing Next Europe News Draghi’s EU competitiveness report gains mixed reception from MEPs Major parties appear to back the ex-Italian premier’s plans to boost sluggish EU growth. 05/09/2024
Now playing Next Business Volvo ditches plans to make only electric vehicles by 2030 Volvo Cars has abandoned its plan to become a fully electric car manufacturer by 2030 due to weakening consumer demand for pure electric vehicles. This shift marks the latest change among major car manufacturers. 05/09/2024
Now playing Next Markets Oil prices sink to nine-month low amid global economic uncertainty Crude prices slumped following weak economic data from the US and China, which dampened demand outlooks. Risk-averse sentiment continued to dominate global markets. 05/09/2024
Now playing Next Business VW workers blast management amid potential plant closures The Volkswagen works council criticised the executive board for suggesting plant closures and threatening job security, as Volkswagen's Chief Financial Officer says the company may not survive the transition to electric cars unless it cuts costs. 04/09/2024
Now playing Next Business European stocks fall as PMIs revised lower, ASML hit by UBS downgrade European stocks fell on Wednesday after a semiconductor-driven sell-off on Wall Street. Weaker-than-expected economic data, including downgrades to Eurozone PMIs, further weighed on sentiment. 04/09/2024
Now playing Next Business No sign of slowdown for Chinese electric car sales, despite EU curbs The European Union, the US, and Canada have all announced plans to limit Chinese-made electric vehicles (EVs) over concerns that subsidies provided by the Chinese government are unfair and detrimental to local car makers. 04/09/2024
Now playing Next Europe News Ukraine's FM Kuleba resigns ahead of expected government reshuffle Kuleba has been a key figure of Ukraine's defence against Russia's full-scale invasion, shoring up support from the EU, NATO and allies across the globe. 04/09/2024
Now playing Next Tech News Will Telegram’s legal woes and X’s Brazil saga shake up social media? Telegram’s CEO Pavel Durov was arrested and charged for how he ran his platform and in the same week, Elon Musk’s platform X was banned in Brazil. 03/09/2024
Now playing Next Mobility Flying on a plane is safer now than ever before, study finds A recent study has found that flights are safer than they’ve ever been. 03/09/2024
Now playing Next Economy Why are German stocks at record highs despite looming recession? The DAX hit record highs, defying Germany's grim economic outlook. Despite a recession risk, SAP's AI-driven growth has significantly boosted the index, contrasting sharply with the decline in major automotive stocks. 03/09/2024
Now playing Next Indonesia Pope starts Asia tour in Indonesia to promote interfaith dialogue Pope Francis is the third leader of the Catholic Church to visit the country, home to Asia's third-largest congregation. 03/09/2024
Now playing Next Mongolia Mongolia defies calls to arrest Putin during visit despite ICC warrant Members of the International Criminal Court are treaty bound to detain suspects if an arrest warrant has been issued, but the court doesn’t have any enforcement mechanism. 02/09/2024
Now playing Next Green News What could the US election mean for climate policy? From electric cars to fracking, here's where Kamala Harris and Donald Trump stand on key climate issues. 02/09/2024
Now playing Next Economy Why is European manufacturing still in such a critical state? Europe's manufacturing sector continues to struggle, with August's PMI indicating a deepening downturn. Germany and France lead the decline, while rising costs pose additional challenges. 02/09/2024
Now playing Next Tech News Brazil court unanimously upholds X ban as users switch platforms Tech mogul Elon Musk accused one of Brazil's Supreme Court justices of carrying out "censorship orders" by blocking his social media platform. 02/09/2024
Now playing Next Business Kurt Geiger urges Labour to bring back tax-free shopping for tourists The UK government stopped tax-free shopping for tourists in January 2021, following the country's decision to leave the European Union and as it tried to tackle the country's parlous financial state. 02/09/2024
Now playing Next Europe News Draghi’s déja vu, Newsletter This week's key events presented by Euronews' senior finance and defence reporter Jack Schickler. 02/09/2024