Now playing Next Green News Nutella’s new vegan spread: Is it really better for the planet? Replacing milk cuts the spread’s carbon footprint, but experts say that removing palm oil would have a bigger environmental impact. 05/09/2024
Now playing Next Culture news Haider Ackermann named new creative director of Tom Ford Ackermann is taking the reins immediately, with his first collection for the brand set to debut during Paris Fashion Week in March 2025. 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 Economy Ireland has a budget surplus: Why has it been warned to stop spending? Ireland's fiscal watchdog has advised the government to pinch pennies before October's budget announcement. 05/09/2024
Now playing Next Hungary Budapest district proposes referendum to ban Airbnb Residents of Terézváros — Budapest's sixth district — will head to the polls to vote on a ban of Airbnb short-term rentals. 04/09/2024
Now playing Next Green News How could a Black Sea power line deliver more green energy to the EU? The undersea infrastructure could send Caspian Sea wind power and other renewable energy supplies to European countries. 04/09/2024
Now playing Next Food and Drink Italy goes 'mamma mia' as it reels from shock over carbonara in a can Heinz has released its latest product — spaghetti carbonara in a can. Cue Italy going ballistic over the announcement. 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 Why the German government looks set to reduce its stake in Commerzbank Commerzbank has emerged from financial distress, prompting the state to sell down its €2.5 billion stake. 04/09/2024
Now playing Next Culture news Donald Trump ordered to stop using soul hit co-written by Isaac Hayes A federal judge has ordered Donald Trump and his campaign to stop using the song 'Hold On, I'm Coming' amid a lawsuit filed by soul legend Isaac Hayes' estate. 04/09/2024
Now playing Next Markets Nvidia sheds billions in value as it logs largest ever one-day drop Nvidia shares suffered their largest one-day drop ever amidst the artificial intelligence (AI) stock sell-off. The company is also facing an antitrust investigation due to concerns over its dominance in AI chip supplies. 04/09/2024
Now playing Next Design German carmaker Porsche to build luxury residential tower in Thailand The Bangkok apartment building will be the third of its kind, following Porsche's iconic residential buildings in Stuttgart and Miami. 04/09/2024
Now playing Next Business Plans for a new EU financial data wire raise fears of a new monopoly Some are sceptical about a Brussels plan to boost capital market transparency and investment. 04/09/2024
Now playing Next Europe News Hungary hits back at Russian visa scheme critics amid growing tensions For years, the government in Budapest has been criticised by many EU states for its perceived closeness to the Kremlin. 03/09/2024
Now playing Next Economy Turkish delight as inflation rate dips, raising hopes of rate cuts Annual inflation has been easing since June, although August's total is still more than 10 times higher than the central bank's target. 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