Now playing Next Economy Bank of France deputy governor on the challenges central banks face Banque de France (Bank of France) deputy governor, Agnès Bénassy-Quéré, spoke to Euronews' Angela Barnes about the challenges ahead for central banks as the latest ECB rate decision hangs in the balance. 10/09/2024
Now playing Next Business HSBC looks to cut costs through merger of major divisions The new unit would surpass the current wealth and personal banking division in size and would house more than 90,000 employees. However, the merger could lead to job cuts in areas where there are overlapping roles. 10/09/2024
Now playing Next Timor-Leste Pope calls for protection of young people during visit to Timor-Leste It is an indirect acknowledgment of the abuse scandal involving Nobel Peace Prize-winning independence hero, Bishop Carlos Ximenes Belo. 10/09/2024
Now playing Next Markets Investor enthusiasm lags for Apple’s AI-powered iPhone 16 series debut Apple has revealed its latest iPhone 16 series, along with new Apple Watches and AirPods. Although the Apple Intelligence features were a highlight, the much-anticipated artificial intelligence (AI) functionalities will not be available until October. 10/09/2024
Now playing Next Economy Will the European Central Bank cut interest rates as expected? The European Central Bank is expected to cut interest rates on September 12 due to falling inflation and sluggish growth. Analysts predict a 25 basis point reduction in the deposit rate. Further cuts may follow in December and throughout 2025, with inflation and economic forecasts set to be revised. 10/09/2024
Now playing Next Europe Decoded Dirty laundry: Which EU Commissioners are in danger of being rejected? Some nominees for European Commissioner might soon see their aspirations go down in flames for mistakes made in the past. 10/09/2024
Now playing Next Climate Mediterranean droughts made twice as likely by climate change A state of emergency was declared on both islands earlier this year. 09/09/2024
Now playing Next Green News Hottest summer in 130 years brings droughts and wildfires to Balkans Southeast Europe was “trapped” this summer under a subtropical warm air mass from Western Africa and the Mediterranean Sea. 09/09/2024
Now playing Next Partner content Humanising technology: Discover the future of smart living with Midea at IFA Berlin 2024 Partner content presented by Midea Your living room and IFA Berlin 2024 have something major in common: they are both playgrounds for some of the most interesting tech on the market right now. 09/09/2024
Now playing Next Europe News Draghi’s report on EU competitiveness: Five key takeaways Common debt, China threat, innovation and cars: Euronews summarises 400-plus pages to give you five takeaways from Mario Draghi’s landmark report. 09/09/2024
Now playing Next Tech News With AI, EU has opportunity to capitalise on digital, says Draghi The bloc has lost the cloud market, however, the report said. 09/09/2024
Now playing Next Timor-Leste Pope Francis lands in Timor-Leste for his Asia trip's third leg About 98% of its 1.3 million people are Catholic, making it the most Catholic country outside the Vatican. 09/09/2024
Now playing Next Culture news Kendrick Lamar to headline 2025 Super Bowl half-time show One of rap's biggest stars will headline next year's Super Bowl half-time show, the biggest sports event in the US. It draws tens of millions of viewers - as well as being broadcast around the world. 09/09/2024
Now playing Next Economy Europe's luxury goods market braced as China demand stays slow China reported weaker-than-expected consumer price growth for August, signalling continued sluggish domestic consumer demand. This could place further pressure on key sectors in European stock markets, including luxury consumer and mining stocks, which are sensitive to China's conomic data. 09/09/2024
Now playing Next Europe Decoded Draghi calls for EU common borrowing, end to national vetoes The former Italian prime minister proposes "radical change" as the bloc faces aggressive competition from China and the US. Draghi touts use of controversial eurobonds; proposed plan for decarbonisation and competitiveness could entail defensive trade measures, he says. 09/09/2024
Now playing Next Markets Markets weekly look ahead: ECB rate decision in the spotlight This week, the European Central Bank (ECB) is poised to decide on interest rates, a key event for both European stock markets and the euro. On a global scale, the release of the US monthly Consumer Price Index (CPI) is also of great importance, as it will significantly influence the broad sentiment. 09/09/2024
Now playing Next The Big Question The Big Question: What is the economic impact of the Olympic Games? France spent €2bn on the Olympics - has the country benefited economically? Banque de France deputy governor, Agnès Bénassy-Quéré considers France’s current economic outlook. 09/09/2024