Now playing Next Economy German retail sales fall 2.5% weighed down by internet sales German retail sales numbers dropped in November following internet and non-food sales being less than anticipated. 05/01/2024
Now playing Next Europe News Eurozone inflation rose to 2.9% in December according to Eurostat The half percentage point rise on the November figure (2.4%) appeared driven by an abatement in falling energy prices 05/01/2024
Now playing Next Economy Euro area inflation rises less than expected in December Eurozone inflation in December rose by 2.9% year-on-year, less than the 3% expected, ending a seven-month decline streak. Monthly, the inflation rate increased by 0.2%. Core inflation, excluding energy and food, hit 3.4%. November's PPI fell by 0.3%, with a significant yearly drop of 8.8%. 05/01/2024
Now playing Next Culture news Spice up your post: Spice Girls get 30th anniversary stamps Baby, Posh, Ginger, Sporty and Scary are back... On your letters and postcards. Should you still send those. 05/01/2024
Now playing Next Mobility Can Chinese automaker BYD match Tesla's global presence? The Chinese carmaker outsold Tesla in the last quarter of 2023 and has ambitions to be the biggest electric car manufacturer in Europe by 2030. 05/01/2024
Now playing Next Tech News US to provide hundreds of millions to support computer chip production The Biden administration announced hundreds of millions of dollars to expand semiconductor factories in the United States. 04/01/2024
Now playing Next Markets Oil prices stabilise as Libyan supply concerns allayed by slow demand Oil prices stabilised somewhat on Thursday, as concerns over Libyan supplies were allayed by worries about slowing economic growth and demand 04/01/2024
Now playing Next Experiences Cold, dark and magical: Why you should head north for winter Sure, it might be cold and dark, but traveling to wintry places can be magical - here's why. 04/01/2024
Now playing Next Markets Will shipping stocks rally caused by Red Sea woes last? Shares of major European maritime shippers such as Maersk and Hapag-Lloyd have substantially surged in value due to Red Sea disruptions, with increased costs passed on as higher freight rates. Goldman Sachs and J.P Morgan analysts discuss whether this trend is likely to last. 04/01/2024
Now playing Next Economy German inflation rises to 3.7% in December due to energy prices Germany's inflation rate increased to 3.7% YoY in December, up from 3.2% in November, mainly due to a 4.1% rise in energy prices influenced by a government subsidy. Food inflation fell slightly. Excluding food and energy, core inflation was 3.5%. France also saw a slight uptick in inflation to 3.7%. 04/01/2024
Now playing Next Economy French inflation rises on higher energy prices French inflation inched up in December, supported by higher energy and services prices 04/01/2024
Now playing Next Business Where in Europe will the property market revive in 2024? The rise of technologies, such as AI, and the solid growth in tourism-related sectors could drive Europe's commercial real estate market next year, while the housing market struggles to get back on its feet and the rental market soars. 04/01/2024
Now playing Next Business Greece hailed again as global economic 'country of the year' The Economist rated Greece as the top-performing economy in 2023. Euronews Business breaks down the study and considers how the rest of Europe performed last year. 03/01/2024
Now playing Next Economy Turkey inflation soars to over one-year high at 64.8% Turkey’s inflation jumped to its highest level since November 2022, driven by higher housing and utilities prices 03/01/2024
Now playing Next My Wildest Prediction And what if the majority of porn creators were women? In an age ruled by incessant screen time and with Pornhub, the colossal streaming pornography platform, valued at $97 billion, it appears audacious to propose that the era of viewing erotic content is drawing to a close. Yet, Caroline Spiegel has a different take. 03/01/2024
Now playing Next Art What were the most expensive paintings sold at auction in 2023? Only two artworks fetched prices exceeding $100 million (€91.1 million) in 2023, in contrast to the six works that achieved this milestone in the previous year. 03/01/2024
Now playing Next Europe Decoded EU states try to 'strike the right balance' on US operation in Red Sea European Union allies have been reluctant to back a United States-led naval operation to safeguard ships from attacks by Houthi militants in the Red Sea. 02/01/2024