Business
Today
South Korea fines Meta €14 million for illegally collecting information on Facebook users
Business • 4:01 PM
4 min
South Korea said Meta put the privacy of Facebook users at risk by failing to implement basic security measures.
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EU's first start-up commissioner approved, promising to promote investment
Business • 3:23 PM
3 min
Bulgaria's Commission designate will make it easier for SMEs and start-ups to apply for EU funding.
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Netflix's European offices searched over suspected tax fraud
Business • 2:53 PM
2 min
Offices of the streaming giant have been searched in France and the Netherlands, as part of an investigation into suspected tax fraud.
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US Election: What technologies will Europe invest in if the US moves military resources elsewhere?
Business • 2:42 PM
5 min
Experts in military technology say that whoever wins the White House will likely shift US military equipment to other areas than Europe. We look at what will the EU have to do to make up any shortfall in its defence tech.
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Stick to the fossil fuel car ban, says incoming EU transport chief
Business • 1:47 PM
5 min
Incoming Greek commissioner wins over MEPs with confident performance throughout a gruelling hearing that saw him reject calls to slow the switch to electric vehicles.
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UK introduces anti-tobacco bill to 'break the cycle of addiction'
Business • 1:45 PM
2 min
The UK is introducing new anti-tobacco legislation that could make it harder for today's children to legally buy cigarettes.
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Thousands of jobs to go at German car parts maker Schaeffler
Business • 11:50 AM
2 min
The company is downsizing at 10 locations in Germany and five other sites in Europe, further illustrating the challenges facing the European car industry.
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Nintendo reports lower profits as demand drops for its ageing Switch console
Business • 11:08 AM
3 min
Nintendo and other game and toy makers rake in their biggest profits during the Christmas shopping season.
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US presidential election: Agencies warn Russia disinformation risks 'inciting violence'
Business • 10:19 AM
5 min
Russia is the "most active threat" as false stories and videos of election fraud pose a risk of violence, US agencies warned.
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Boeing factory workers bring an end to turbulence as they vote to return to work
Business • 10:10 AM
4 min
The move clears the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.
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Meta extends political ads ban past US election day
Business • 9:19 AM
2 min
Meta is extending a ban on new political ads on their platforms to “later this week,” according to an update from the social media giant.
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AI chipmaker Nvidia to join Dow Jones, replacing rival Intel
Business • 7:40 AM
4 min
The addition of Nvidia to the Dow Jones Industrial Average is a notable milestone, suggesting a more stable outlook for the AI chipmaker in its continued rise and increasing prominence in the tech sector.
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US election: Where do presidential candidates Trump and Harris stand on crypto?
Business • 6:30 AM
8 min
Euronews Next breaks down Trump and Harris’ views on the crypto industry, which has contributed millions to the election.
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Yesterday
‘Our thoughts could be recorded’: What is neural data and what protections exist in the EU?
Business • 4:42 PM
6 min
Some experts argue that neural data should be subject to greater protection.
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Schneider Electric appoints new CEO to take charge of strategy
Business • 3:36 PM
4 min
The board of one of Europe's biggest tech companies has signalled it's looking for a change of direction with the unanimous decision to appoint company veteran Olivier Blum as Chief Executive Officer.
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Therapy using a digital avatar could help patients suffering from psychosis, study says
Business • 3:21 PM
3 min
Twelve sessions of therapy using a digital avatar managed to decrease the frequency of auditory hallucinations that patients suffered from.
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Ryanair profits fall amid Boeing delays and reduction in passenger fares
Business • 1:37 PM
2 min
The Irish budget carrier reported strong traffic, offset by lower air fares for the past six months.
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This self-driving wheelchair may help people with disabilities cross the road
Business • 1:30 PM
5 min
A "smart wheelchair" is being developed to use AI to help users avoid collisions, obstacles, and other hazards.
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US election: A turning point for global enforcement of Big Tech?
Business • 11:53 AM
7 min
This week's election could prove a turning point for US antitrust enforcement, especially of Big Tech, with ramifications for Europe since the last few years have seen similar approaches adopted on both sides of the Atlantic.
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Mpox cases in Congo may be stabilising but more vaccines are still needed, experts say
Business • 11:25 AM
6 min
The number of mpox cases in Congo may be stabilising but there is more the need for more vaccines remains.
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Kamala Harris defends CHIPS Act after House Speaker suggests Republicans would repeal it
Business • 10:46 AM
6 min
Manufacturing investment, such as the CHIPS Act, is central to Harris' economic plans.
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Boeing factory workers to vote on deal that could end seven-week strike
Business • 10:14 AM
5 min
In its latest proposed contract, Boeing is offering pay raises of 38% over four years, as well as ratification and productivity bonuses.
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UAE opens summit as energy industry weathers Middle East concerns
Business • 8:56 AM
2 min
The United Arab Emirates (UAE) as a whole is planning to increase its production capacity of oil to 5 million barrels a day in the coming years.
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'Sage' of Omaha Buffett cuts Apple stake, boosting cash holding to record level
Business • 12:08 AM
3 min
Warren Buffett is sitting on more than $325bn (€298.15bn) cash after unloading billions of dollars worth of Apple shares this year while continuing to collect a steady stream of profits from all of Berkshire Hathaway's assorted businesses without finding
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Sunday, november 3, 2024
The business of sport: E1 boss on making boat racing more sustainable
Business • 1:53 PM
20 min
Euronews Business explores how the E1 electric boat racing championship is making the sport more sustainable.
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From city tours to food delivery, this is how AI can change car travel
Business • 9:00 AM
4 min
Several auto industry experts say the future of car travel in Europe is a range of personalised experiences that make the most of time in the car.
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Saturday, november 2, 2024
Apple’s long game: How the tech company started, almost failed, and is ‘shaping the future’
Business • 10:00 AM
16 min
Apple is on track to be the first company to be valued at $4 trillion. But the future was not always so bright for the firm.
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AI chatbot blamed in teen's death: Here's what to know about AI's psychological risks and prevention
Business • 9:00 AM
7 min
A lawsuit claimed an AI chatbot’s influence led to the death of a 14-year-old teenager. Here’s what to know about the psychological impact and potential risks of human-AI relationships.
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A Trump win could reshape global health. Is Europe ready to step up?
Business • 9:00 AM
6 min
If the US retreats from global health leadership, it's unlikely Europeans would step up to the degree they did during the COVID-19 pandemic, experts said.
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Friday, november 1, 2024
World War 2 sugar restrictions linked to reduced risks of diabetes and hypertension
Business • 5:11 PM
4 min
Limiting sugar intake from conception through early childhood was linked to lower risks of type 2 diabetes and hypertension, a new study found.
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Amsterdam's Schiphol airport to hit airlines with major hike in fees
Business • 2:21 PM
3 min
The airport says a planned 41% increase in fees, due to be imposed next year, is needed because of soaring inflation and much higher interest rates in the past three years.
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Irish entrepreneur who put Dubai on the Duty Free map dies
Business • 2:01 PM
4 min
Colm McLoughlin, the Irishman who led Dubai Duty Free to become an airport retail giant.
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Microsoft to create hundreds of new engineering jobs in Dublin
Business • 11:21 AM
2 min
Microsoft said that the new roles at its Dublin office will focus on cybersecurity and artificial intelligence (AI).
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Humans or AI? Study shows which tasks benefit most from using artificial intelligence
Business • 11:12 AM
4 min
With the rise of AI, a new study from MIT researchers looked into which tasks could benefit most from human-AI collaboration and which are best handled independently.
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OpenAI launches ChatGPT-powered search engine, putting it in competition with Google
Business • 9:22 AM
3 min
The search engine could put the AI company in competition with Google.
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EU countries clash with WHO over trans rights and access to healthcare
Business • 8:08 AM
3 min
Nearly half of European Union countries consider ‘transsexualism’ a psychiatric diagnosis required for trans people to access specific healthcare, which goes against the World Health Organisation (WHO) guidelines.
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What investors need to know about markets and the US election
Business • 7:26 AM
5 min
The US election could significantly impact financial markets, influencing currencies, stocks, and commodities. Here are some potential market reactions to different election outcomes.
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Tech results mixed: Apple faces China slowdown, Amazon rides AI growth
Business • 7:06 AM
4 min
US tech giant Apple saw sales in China extend a decline, while Amazon topped market expectations with strong guidance.
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Thursday, october 31, 2024
Hazardous chemicals found in 6 per cent of European cosmetics, agency says
Business • 4:14 PM
2 min
Hundreds of cosmetic products tested by the European Chemicals Agency contained banned substances.
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European Commission fines MS drug maker Teva over improper patent use
Business • 3:01 PM
2 min
The European Commission says it has fined the Israeli generic drug maker, Teva, more than €460m for improperly seeking to protect the patent for its multiple sclerosis drug and for disparaging a rival company's development of a competing medicine.
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How abortion rights could play a pivotal role in US elections
Business • 1:26 PM
11 min
Ten US states will vote for laws regulating abortion rights as the issue looms large over the presidential race between Kamala Harris and Donald Trump.
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TotalEnergies' profits hit by lower refining margins in Europe
Business • 1:21 PM
3 min
French energy company TotalEnergies announced its third quarter results, posting a sharply lower net profit, as its European refining margins continued to suffer.
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Source of McDonald's E. coli outbreak identified in US amid rise in cases
Business • 1:13 PM
2 min
The likely source of the E. coli outbreak was identified as the number of cases jumped to 90.
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EU to set disinformation code in stone by January
Business • 11:22 AM
2 min
The 2022 code of practice on disinformation is set to be formalised under the Digital Services Act.
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Stellantis revenue plunges as falling EU and US sales hit car giant
Business • 11:21 AM
3 min
Europe's second-largest car maker, Stellantis, reported that its net revenues slumped by 27% in its latest earnings update as it aims to slim down its inventory and launch new products.
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BNP Paribas records boost in net income on strong corporate banking
Business • 10:50 AM
3 min
French banking giant BNP Paribas has announced its third quarter 2024 earnings, posting a higher net income as its corporate and institutional banking department continues to experience robust performance.
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Siemens buys US software group in deal worth billions of euros
Business • 10:48 AM
2 min
Siemens will buy American software firm, Altair Engineering, in a deal valued at more than $10bn (€9.2bn). The German technology conglomerate said that the deal would strengthen its leadership in industrial software and AI.
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Elon Musk's fact-checking feature fails to address US election misinformation, report finds
Business • 9:19 AM
3 min
A fact-checking feature on Elon Musk's social media platform isn't countering election misinformation.
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New mpox strain in the UK: Where else has it been detected?
Business • 9:09 AM
3 min
Health authorities said the risk to the general public remains low.
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Bird flu detected in a US pig for the first time, raising concern about threat to humans
Business • 8:12 AM
3 min
Finding bird flu in a pig raises concerns that the virus may be a stepping stone to the virus becoming a bigger threat to humans, experts say.
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Starbucks CEO sets four-minute service goal to reinvigorate sales
Business • 6:12 AM
4 min
Starbucks' new Chairman and CEO Brian Niccol wants customers to get their orders hand-delivered by a barista in four minutes or less, a goal that will be central as he tries to reinvigorate the company's sagging sales.
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Microsoft and Meta shares fall amid slower growth prospects
Business • 5:54 AM
5 min
Microsoft and Meta both surpassed market expectations in their September quarter earnings. However, investors are concerned about their ongoing rising spending on AI, weighing on growth outlooks.
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Chinese carmaker SAIC to sue EU over new 45% tariffs, stoking trade tensions
Business • 12:46 AM
3 min
State-owned carmaker SAIC Motor said it will take Brussels to the European Court of Justice to "protect its legitimate rights and interests," as the ongoing trade row escalates into products like brandy, dairy products and chemicals.
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EU Commission probes Chinese marketplace Temu under platform rules
Business • 12:26 AM
3 min
Temu already received Commission questions about the sale of illegal products and addictive design in June and October.
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Wednesday, october 30, 2024
Germany’s auto industry prepares for job losses in electric transition
Business • 8:52 PM
3 min
Volkswagen is closing three plants in Germany, and Audi is halting production in Belgium, sparking fears of a crisis in Europe’s car industry. However, some see it as part of a necessary transition.
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EU lagging US and China on clinical trials - report
Business • 3:45 PM
3 min
Europe has been falling behind on clinical trials over the past decade as pharmaceutical companies shift their focus to the US and Asia in search of speedier solutions, according to a new study.
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Russia fines Google more than the world’s total GDP over YouTube bans
Business • 3:41 PM
2 min
Russia fined Google $20,000,000,000,000,000,000,000,000,000,000,000 - that’s 2.5 trillion trillion trillion dollars after the US tech giant took action against Putin's propaganda.
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Trump says 'lovely' EU will have to pay a 'big price' to trade in US
Business • 2:53 PM
3 min
Donald Trump, the Republican US presidential candidate, said at a campaign event on Tuesday night that the EU will have to pay "a big price" if he wins the election.
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Monday, october 28, 2024
Chess grandmaster Magnus Carlsen on how AI and tech are changing the game
Business • 3:16 PM
6 min
Chess grandmaster Magnus Carlsen tells Euronews Next about his new app Take Take Take.
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Google makes its watermarking tool for text generated by AI open-source
Business • 10:26 AM
3 min
Developed by Google Deepmind, the algorithm subtly changes the AI generation to make it detectable.
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