Business
Yesterday
Facebook and Instagram get ‘less personalised’ ad option amid EU regulator pressure
Business • 4:21 PM
3 min
Meta made changes to its “pay or consent” model amid demands from EU regulators.
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Germany should prepare for cybersecurity threats ahead of election, interior minister says
Business • 3:20 PM
2 min
Germany needs more protections against cybersecurity threats with a general election coming up, the interior minister said.
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Bayer shares fall as pharma giant’s results fail to cheer investors
Business • 2:58 PM
4 min
Bayer’s share price fell on Tuesday, following the company releasing lacklustre third quarter earnings with a warning that the current challenges may also impact next year’s results as well.
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Shell wins landmark climate case - what does it mean for investors?
Business • 2:37 PM
5 min
The current court decision does not mean that the oil giant will turn away from its green targets, but it will mean Shell can continue its present level of drilling.
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New anti-smoking pill hailed as a 'game changer' will be offered on the UK's NHS
Business • 2:30 PM
5 min
The smoking cessation pill could help to prevent thousands of smoking-related deaths across the UK.
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Germany's economic sentiment falters as Trump's win casts shadow
Business • 11:14 AM
4 min
Germany's economic sentiment dropped in November as internal political gridlock and Trump's election stoked concerns. The ZEW index fell from 13.1 to 7.1, with experts citing fears over Trump's tariffs and stalled reforms in Germany's coalition government
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Classes in the metaverse? Meta creates digital ‘metaversities’ in EU and UK schools
Business • 11:12 AM
2 min
Students at universities in the EU and UK will soon be having courses in the metaverse.
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Profits at power company CEZ hit by lower earnings in trading and mining
Business • 10:52 AM
1 min
The Czech power company CEZ recently signed a deal with Britain's Rolls-Royce SMR to develop and build small modular nuclear reactors. The company attributed the fall in profits to lower earnings in trading and mining.
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AstraZeneca beats expectations and raises guidance despite China troubles
Business • 8:55 AM
3 min
AstraZeneca raises its fiscal 2024 guidance for the second consecutive quarter. This upgrade comes despite ongoing legal challenges in China as it reported robust third-quarter earnings results.
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Europe’s answer to Google? Ecosia and Qwant partner to build new search index
Business • 6:05 AM
3 min
“If the United States decided to pull US technology from Europe… then we would have to go back to phone books,” said Ecosia’s CEO.
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Lufthansa reaches deal to secure stake in Italy's ITA Airways
Business • 12:55 AM
3 min
The Italian Ministry of Economy and Finance has revealed that it has reached a deal with Germany's Lufthansa Group for a 49% stake in ITA Airways.
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Monday, november 11, 2024
Can a chemical found in red grapes prevent bowel cancer? UK scientists want to find out
Business • 4:08 PM
4 min
Bowel cancer kills about 161,000 people in Europe every year.
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CVC Capital reported to be seeking Italian pharma firm sale
Business • 3:26 PM
3 min
The private equity business is reported to be looking for a buyer to take on its majority stake in Genetic Group, an Italian pharmaceutical contract manufacturing company.
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Mpox cases in Congo's epicentre may be 'plateauing,' WHO says
Business • 3:09 PM
3 min
Mpox, a viral infection that was previously known as monkeypox, is spread primarily through close contact with an infected person.
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ChatGPT blocked 250,000 AI image requests of US election candidates
Business • 11:28 AM
2 min
More than 250,000 requests to OpenAI platforms to make deepfakes of US election candidates were rejected, the company says.
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Web Summit 2024: What to expect in a year of elections and AI
Business • 9:28 AM
4 min
Web Summit returns to Lisbon with a long list of celebrities and major tech companies.
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Alitalia to lay off more than 2,000 remaining employees as liquidation nears
Business • 8:35 AM
1 min
Italian media reports earlier said merger talks with Lufthansa had stalled after Italian authorities refused Lufthansa's suggestions to adjust the price for a 41% stake in Alitalia successor ITA Airways.
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Musk's backing of Trump sees Tesla's value rise above the trillion dollar mark
Business • 7:55 AM
4 min
Tesla shares soared 29% last week as Donald Trump won the US presidential election, sparking optimism towards a regulatory tailwind from which the car maker could benefit.
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COP29: AI’s double-edged climate sword will be high on the agenda
Business • 6:00 AM
4 min
"The question is how we bring back the kind of longer-term thinking into this while people are racing to build the best AI,” the UN’s ITU deputy-secretary general told Euronews Next.
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UK patients receive promising lupus treatment that offers hope for reversing the disease
Business • 12:30 AM
4 min
European patients had previously seen an improvement in their lupus symptoms after the therapy was tested in an earlier trial.
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Deutsche Bank to axe more than 100 bankers in drive to cut costs
Business • 12:23 AM
3 min
Deutsche Bank is reported to be planning to remove more than 100 posts among its senior private wealth and retail bankers in a continuing programme aimed at driving down costs at the German bank.
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Sunday, november 10, 2024
Saturday, november 9, 2024
Take a peek inside this ‘smart’ supermarket to find out how it became heat self-sufficient
Business • 7:30 AM
6 min
Excess heat from the cooling systems is processed in the tanks to provide space heating for the entire shop.
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Eating high amounts of ultra-processed foods could make you biologically older, study finds
Business • 6:30 AM
4 min
A new study found that those who consume high amounts of ultra-processed foods may be biologically older than their actual age.
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Friday, november 8, 2024
EU Commission plans to continue tech standardisation work with US
Business • 2:36 PM
2 min
It is still unclear if there is political will to keep the EU-US Trade and Technology Council going in the wake of the US election.
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EU Commission warns Temu to fix consumer protection violations
Business • 2:03 PM
2 min
The Commission and national consumer authorities have found that Temu engages in illegal practices like fake discounts and misleading reviews. Already under DSA investigation, Temu has one month to respond to these accusations.
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Should the EU issue joint debt to boost competitiveness? 'Everything is on the table,' says Michel
Business • 11:33 AM
4 min
The question of whether to issue fresh joint debt to boost the EU's competitiveness continues to divide political leaders.
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European countries are spending more on defence, a think tank says
Business • 10:58 AM
3 min
European nations boosted their defences in response to the annexation of the Crimea Peninsula in 2014 and Russia’s full-scale invasion of Ukraine in 2022, a London-based think tank said Friday, but much remains to be done for them to be ready to face thre
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Trump 2.0: From Musk to Big Tech, how the US election result could reshape the tech industry
Business • 9:00 AM
13 min
“As Trump looks to cement his legacy, he may see a chance to leave a lasting impact,” one expert told Euronews Next.
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Elon Musk joining Trump's team would not impact EU Commission's X probes
Business • 7:15 AM
6 min
Musk, who said he would be open to entering politics, might get a secretary or advisory job in the Trump administration.
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AI could displace three million UK jobs but long-term losses are ‘relatively modest’, report finds
Business • 12:24 AM
3 min
Over time, artificial intelligence could lead to up to three million job losses in the UK, but that number will be offset by the new jobs created in the sector, a new report says.
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Rolls-Royce pulls the plug on electric flying taxi project
Business • 12:20 AM
3 min
Aerospace and engineering group Rolls-Royce has shut down plans for an electric flying taxi business almost three years after the Spirit of Innovation broke the electric air speed record by recording a 345.4mph flight.
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Thursday, november 7, 2024
‘A decisive victory’: Tech leaders react to Donald Trump’s US election win
Business • 3:52 PM
5 min
Big Tech leaders came out on social media to congratulate or to accept president-elect Donald Trump’s election win.
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BMW: German car maker's profits tumble as sales plunge in China
Business • 2:37 PM
3 min
The iconic German car maker is the latest car manufacturer to be hit by falling sales, including in China, where sales were down by almost 30%.
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Trump's personal fortune soars as shares of his media company rise
Business • 1:22 PM
3 min
As Donald Trump heads back to the White House his media company Trump Media & Technology Group (TMTG) posted heavy losses. Despite this, shares in the company have soared, increasing the wealth of the President-Elect.
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Exposure to 'forever chemicals' linked to gut health and kidney damage in young adults, study finds
Business • 11:58 AM
4 min
A new study found that “forever chemicals” could lead to kidney damage in young adults through dysregulations of their gut microbiome.
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European jobs at risk as car maker Nissan reveals major cutbacks
Business • 11:12 AM
2 min
The Japanese car maker, which has seen profits plunge, is to cut 9,000 jobs around the world in an effort to save more than €2bn.
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European judges confirm EU bond trading cartel decision
Business • 10:52 AM
2 min
The European judges dismissed appeals lodged by Credit Agricole and Credit Suisse against a 2021 Commission decision that exchange of sensitive information between traders was an anticompetitive cartel in the secondary trading market.
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Polio vaccination campaign finishes in Gaza, after violence delayed second round
Business • 10:44 AM
3 min
The WHO said 94 per cent of children who got their first vaccine also received a second dose.
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MEPs delay confirmation of Orban's commission pick citing concerns over women's health
Business • 9:45 AM
6 min
It’s not over yet for Orbán’s pick as EU Commissioner: His confirmation has been postponed as he failed to impress MEPs, slipping on reproductive and sexual rights.
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European markets drop after Trump's win as focus shifts to the Fed
Business • 7:04 AM
4 min
European stock markets largely declined on Wednesday, moving in contrast to gains in US markets as investors weighed the impact of Trump’s tariff policies on the eurozone economy.
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Seven French families sue TikTok over harmful content that allegedly led to suicides
Business • 6:01 AM
3 min
The lawyer representing the plaintiffs told Euronews that TikTok’s “addictive” design and limited content moderation is harmful to young people.
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Microplastics in wastewater are shielding pathogens from being destroyed by treatment, study
Business • 6:00 AM
4 min
Microplastics are harbouring bacteria in wastewater and that could be dangerous for human health.
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Wednesday, november 6, 2024
Preterm births linked to lower income, employment and education in adulthood, study finds
Business • 7:01 PM
4 min
Being born preterm could have lasting effects that extend into adulthood, impacting a person’s income and chances of employment and education, a new study suggests.
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Stocks and bitcoin surge ahead after Trump wins the White House
Business • 6:58 PM
2 min
The US stock market, Elon Musk’s Tesla, banks and bitcoin all stormed higher as investors bet on what Donald Trump's return to the White House will mean for the economy and world.
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Tesla shares leap as Trump win sets stage for Musk's EV business
Business • 3:24 PM
1 min
Shares of Tesla have jumped following an election result that will send Donald Trump back to the White House, an outcome that has been strongly backed by CEO Elon Musk in the closing months of the race.
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Scandal-hit car maker Toyota sees profits take a tumble
Business • 1:34 PM
2 min
The maker of the Camry sedan and Lexus luxury models revealed that a production stoppage that followed a certification scandal and model recalls had dented sales.
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Market winners and losers as Trump secures historic victory
Business • 11:25 AM
5 min
As Donald Trump returns as the 47th US president, several markets respond strongly to his policy shift. Here are five winners and losers as investors adjust to the new US administration.
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UK confirms two cases of new mpox strain in Europe's first household transmissions
Business • 10:39 AM
3 min
The two cases mark the first known household transmission of the new mpox variant in Europe.
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Play ball on anti-crisis banking laws, EU finance pick tells Trump
Business • 10:26 AM
4 min
In a three-hour hearing held on Wednesday, Maria Luís Albuquerque rejected calls to slash insurance laws to boost the economy, while brushing off conflict-of-interest fears from her own private sector career.
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Musk’s X sees ‘record usage’ during US election yet study claims he boosted the algorithm
Business • 10:01 AM
4 min
A study has found that Musk appears to have tweaked X’s algorithm to boost his posts pro-Trump.
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Hugo Boss faces sales target delays amid weak demand in China
Business • 9:36 AM
3 min
The German luxury brand, Hugo Boss, has warned of potential delays in reaching its ambitious 2025 sales target due to tepid consumer demand, especially in China.
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Stocks rally and euro tumbles as Trump declares victory in the US election
Business • 7:59 AM
4 min
Donald Trump is heading back to the White House, leading to a volatile session in global markets. The dollar has surged, sending the euro and emerging market currencies down.
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Flu season: Common myths debunked
Business • 6:45 AM
8 min
Can you catch the flu from exposure to cold temperatures? Is the flu the same as a cold? EuroVerify takes a look.
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Bitcoin soars to all time high as markets sense Trump victory
Business • 5:06 AM
2 min
Value of other currencies such as the Peso and dollar also feeling effects as markets sense potential Trump win.
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Drop in sales in China hits profits for Japanese car maker Honda
Business • 12:19 AM
1 min
Honda sold more motorcycles globally in the first half of its financial year as demand in Asia rose. However, it saw a fall in car sales, particularly in China.
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Tuesday, november 5, 2024
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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Saturday, october 26, 2024
