Business
Today
Google should sell its Chrome browser to stop its search monopoly, US regulators say
Business • 11:45 AM
4 min
US regulators are seeking to break up Google as a punishment for the company's search monopoly.
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OpenAI CEO Sam Altman received a paycheck of just over €70,000 last year
Business • 11:29 AM
3 min
Altman’s OpenAI salary isn’t the bulk of his estimated wealth.
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BBVA-Sabadell merger: Can new commitments ease antitrust fears?
Business • 11:16 AM
4 min
BBVA has pledged key measures, including branch retention and SME credit guarantees, to ease antitrust concerns over its merger with Sabadell. While regulators cite risks to competition and rural access, the deal could reshape Spain's banking sector if ap
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Bitcoin reaches all-time high as Trump support for crypto gathers pace
Business • 11:08 AM
2 min
The price of Bitcoin reached $97,000 on Thursday, climbing 4.54%, marking an all-time high for the cryptocurrency.
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Nvidia: Wall Street's most valuable company - how did it get there?
Business • 10:57 AM
3 min
The company's journey to be one of the most prominent players in AI has produced some eye-popping numbers. Here's a look at some of the figures.
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€326 for a coffee? Scottish farm lures investors with caffeine offering and shares
Business • 10:39 AM
4 min
It's an enormous price to pay for a little cup of coffee, but the man behind the pitch promises it won't leave a bitter taste behind as it comes with the sweetener of a share of a dairy farm.
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Volkswagen workers offer to take pay cut as wage talks continue
Business • 10:19 AM
3 min
As Volkswagen’s wage negotiations enter a third round, employees have offered to accept a wage cut, in return for guarantees from the company that it will not shut down German plants, and will protect job security.
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Germany on the rise as France falls back in the global ranking for AI startups
Business • 9:40 AM
5 min
Germany has shown a huge improvement this year in a new ranking for the best hotspots for AI startups. Even so, Europe's strongest economy still falls short of the top spot.
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Beko Europe announces 1,935 redundancies: What is the group's plan?
Business • 8:56 AM
4 min
Beko Europe has announced the closure of two sites resulting in nearly 2,000 redundancies.
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EU must maintain 'urgency' of digital euro process, says ECB project leader
Business • 7:31 AM
5 min
Evelien Witlox, project director for the digital euro at the European Central Bank, discusses how the proposal is progressing, how the currency would work in practice, and what the key concerns are at this stage.
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Nvidia's strong earnings fall short of lofty investor expectations
Business • 7:31 AM
4 min
Nvidia shares declined following strong quarterly results as investors set a high bar for earnings. A lower gross margin and slowing growth also contributed to the fall.
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Irish privacy watchdog awaiting clarity from EU on AI regulation
Business • 7:16 AM
5 min
The incoming government will decide whether to make the Irish data protection authority also the national watchdog for the AI Act.
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World Wide Web Inventor says algorithms should be blamed for toxicity on social media
Business • 6:31 AM
6 min
“It is really important that we realise this toxicity comes from the [social media] algorithms and you can change that,” the inventor of the World Wide Web told Euronews Next.
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Could a Trump presidency be an opportunity for Europe's green funds?
Business • 6:00 AM
7 min
The US president-elect, a climate sceptic, is likely to hinder global progress on the green transition. Even so, there may be a silver lining for Europe.
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How European countries compare on cancer screening programmes
Business • 5:01 AM
3 min
There is wide variation in cancer screening across Europe, but no country scores perfectly across the board.
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Yesterday
MEPs strip Hungarian Commissioner of key health competencies
Business • 9:35 PM
3 min
Commissioner-designate Olivér Várhelyi has been stripped of oversight over reproductive and sexual rights as well as health preparedness following an evaluation by EU lawmakers.
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Struggling to keep weight off? A new study finds fat cells’ obesity ‘memory’ could be the cause
Business • 5:00 PM
3 min
Fat cells were found to retain a long-lasting "memory" of obesity making it hard to maintain weight loss results.
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First mpox vaccine for children approved by WHO to fight virus outbreak
Business • 4:50 PM
3 min
The vaccine is the second to be approved by the UN agency and the first approved for children aged one and older.
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Three in four news stories shared on social media without being read first, study finds
Business • 3:35 PM
3 min
Seventy-five per cent of news-related social media posts were shared without being read, a new study has found.
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Ford to cut thousands of jobs in Europe blaming poor EV sales and economy
Business • 2:56 PM
3 min
The job cuts, which will account for around 14% of the company's total European workforce, are expected to happen by the end of 2027.
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Jaguar leaps into historic rebrand as it keeps the focus on electric cars
Business • 1:46 PM
4 min
Jaguar's big plans for the future include replacing its historic "growling cat" logo with a "leaping cat" one, as it attempts to bring modernism into its company design.
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Who is Dr Mehmet Oz, Donald Trump's choice for a key health job overseeing Medicare?
Business • 11:45 AM
4 min
Surgeon and TV personality Dr Mehmet Oz is the latest figure to be tapped for a role in Donald Trump's second administration.
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AI voice translator, agents, and a cloud computer: The Microsoft announcements you may have missed
Business • 11:33 AM
5 min
The new announcements include an AI voice translator and a mini PC.
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Dutch ministry to investigate best practice for online platform content moderation
Business • 11:18 AM
6 min
The investigation comes after video sharing application TikTok said it will close its Amsterdam office.
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European mobile payment system Wero launches in Belgian banks
Business • 10:42 AM
3 min
Wero, the new European mobile payment system, has launched in Belgian banks this week.
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Catalonia's holiday rental ban may not be allowed under EU law as Airbnb pushes back
Business • 8:52 AM
5 min
Catalonia has said they want to rid Barcelona of its 10,000 holiday lets in the next 5 years.
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Rivalry intensifies between French watchdogs over regulated electricity prices
Business • 8:50 AM
4 min
The French competition watchdog warns artificial pricing is unhelpful for consumers and stifles market rivalry. The energy regulator disagrees.
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Why do Europe's equity titans lag behind the US Magnificent Seven?
Business • 7:06 AM
4 min
European mega-caps trail US 'Magnificent Seven' amid lack of artificial intelligence gains, while also facing China's slowdown and rising geopolitical risks amid tariff uncertainties.
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UN official in Gaza: Pregnant women at risk as Israel cuts off humanitarian aid
Business • 6:31 AM
5 min
An estimated 50,000 women in Gaza are pregnant, and about 130 give birth every day.
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Tuesday, november 19, 2024
Microsoft pitches AI agents that can perform tasks on their own at annual Ignite event
Business • 5:54 PM
2 min
The move has been criticised by other tech companies who have branded Microsoft as being a "panic mode".
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Paris could offer new parents anti-pollution baby 'gift bags' to combat 'forever chemicals'
Business • 5:31 PM
5 min
The proposed effort, set to go to a vote on Tuesday, is similar to "baby box" programmes in other European countries and includes non-plastic items.
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British Airways planes stuck on the tarmac after IT outage at Heathrow
Business • 2:17 PM
3 min
The flag carrier, owned by British-Spanish multinational airline holding IAG, later said the problem had been fixed much more speedily than in the past because of millions more being spent on extra investment in IT.
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Europe’s landmark new missile, warship projects get cautious industry thumbs-up
Business • 2:14 PM
4 min
The European defence sector grew by a remarkable 17% last year – but is still calling for longer-term certainty as governments seek to invest in security.
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Thyssenkrupp's steel division sees valuation slump as outlook remains gloomy
Business • 11:38 AM
3 min
The unit has suffered from rocky economic conditions, fierce competition from Asian manufacturers, and a pressure to decarbonise.
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Poland urges polio vaccinations for children after the virus is detected in Warsaw sewage
Business • 8:59 AM
2 min
About 86 per cent of the country's three-year-olds have been vaccinated against polio, shy of the 95 per cent recommended to prevent the spread of the virus.
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Nvidia earnings preview: Another record quarter expected
Business • 7:54 AM
4 min
Investors are keenly awaiting Nvidia's 2025 financial earnings report for its third quarter on 20 November, with expectations of record revenue. Nvidia's performance remains pivotal to AI industry trends and broader tech markets.
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Tesla shares surge on hopes for self-driving rules relaxation
Business • 7:24 AM
4 min
Tesla may soon overcome a critical regulatory hurdle for its autonomous driving system, with Elon Musk's support for Donald Trump appearing to pay off. If the electric carmaker's Robotaxi services receive regulatory approval, it could usher in another pha
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European tech in 2024: New report reveals poor gender equality, US poaching talent, and AI boom
Business • 12:38 AM
5 min
Atomico’s latest European tech report showed a worrying trend for women, how Europe is responding to the AI boom, and how the US is poaching tech talent.
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Monday, november 18, 2024
Revealed: parents’ biggest fears about what children do online
Business • 5:41 PM
3 min
On the UN Day for preventing child sexual exploitation, exclusive data shows the scale of parents’ concerns over explicit content and online predators – as activists say lawmakers are dragging their feet.
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How EU countries compare on readiness for the next health crisis
Business • 3:49 PM
6 min
The new report compared countries’ vaccination rates, compliance with international health standards, and more.
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Tax on world's wealthiest billionaires faces resistance at G20
Business • 3:01 PM
3 min
G20 leaders are meeting in Brazil on Monday and Tuesday to agree on a global tax on the world’s 3,300 richest individuals, which could raise up to $250 billion.
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UK property: Average selling price falls for second month in a row
Business • 2:52 PM
3 min
Despite the fall in asking prices, property website Rightmove says market activity is still strong compared with the same time last year with the number of sales being agreed 26% higher than in that period in 2023.
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EU Data Protection Supervisor hearings likely delayed to January
Business • 2:34 PM
2 min
The European Commission has finalised its shortlist but lawmakers fear they have no time to grill candidates this year.
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What is Bluesky and why are millions of people joining it?
Business • 1:14 PM
4 min
The decentralised social media platform has seen a large uptick in users since the US election.
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EU Parliament to reconsider granting Amazon lobbyists access
Business • 10:33 AM
3 min
The lobbyists were stopped from entering the European Parliament last February after they failed to attend hearings.
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Europe: Half of workers stressed, one-third eyeing job change
Business • 10:18 AM
6 min
ManpowerGroup's survey examines workers' perceptions, finding stress as a widespread issue. CCO Becky Frankiewicz tells of the importance of work-life balance, career development, and skills training for staff retention.
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EU isn’t cutting antibiotic use fast enough, health agency says
Business • 10:03 AM
2 min
There are fears that antibiotic resistance could cause tens of millions of deaths by 2050 – but the use of last-resort antimicrobial drugs is on the rise, the European Centre for Disease Prevention and Control said on Monday.
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Europe's rival to Musk's SpaceX raises millions in new funding
Business • 8:48 AM
4 min
The Exploration Company, the European rival of SpaceX, has achieved another milestone in funding to develop its space cargo capsule, Nyx. Government-backed funds from both Germany and France are among the major investors.
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Spirit Airlines files for bankruptcy after collapse of JetBlue merger
Business • 12:25 AM
5 min
The budget travel firm was hit hard by the pandemic and a failed merger, leading to mounting losses in recent years.
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Sunday, november 17, 2024
Could having the flu during pregnancy lead to autism in children? Here's what experts say
Business • 9:30 AM
5 min
Here’s what experts say about the link between maternal infections and increased chances of autism in children.
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Taking your workforce international: Is hiring across borders worth the risk?
Business • 5:29 AM
5 min
As some firms scale back work-from-home policies, others continue to promote flexible set-ups. Mark Frein, chief operating officer at Oyster, talks to Euronews about remote working - and the benefits of hiring diverse talent.
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Saturday, november 16, 2024
Friday, november 15, 2024
'AI could transform our world but has enormous risks': Michael O'Flaherty on tech and human rights
Business • 5:26 PM
7 min
The Council of Europe's new Commissioner for Human Rights warned that failing to defend Ukraine would be an "existential loss" to Europe at this year’s Web Summit tech event.
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Pfizergate Commission transparency battle kicks off in European Court
Business • 4:51 PM
4 min
The case opposing the New York Times and the EU Commission over its failure to disclose text messages between president Ursula von der Leyen and Pfizer CEO Albert Bourla about COVID-19 vaccine contracts has entered the hearing phase.
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Reporters Without Borders presses charges against X in France for spreading fake news
Business • 3:10 PM
3 min
X failed to stop the spread of a pro-Russia video impersonating Reporters Without Borders, the NGO said.
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General Motors lays off about 1,000 workers to compete in crowded automobile market
Business • 2:40 PM
1 min
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
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Cyprus in talks with Gulf energy companies over natural gas licences
Business • 2:30 PM
2 min
Energy companies from Persian Gulf states have expressed interest in searching for natural gas off the southern coast of Cyprus, President Nikos Christodoulides said on Friday.
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AI in critical infrastructure: US government releases new guidelines for its use
Business • 1:09 PM
2 min
The framework recommends that AI developers evaluate potentially dangerous capabilities in their products.
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Hyundai Motor Company brings in new Spanish co-CEO to boost expansion
Business • 11:09 AM
3 min
Hyundai Motor Company has appointed its first foreign chief executive officer (CEO) in an attempt to expand the company outside of South Korea and solidify its leadership in areas such as electrification.
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Bank of England hails warmer EU relations after Starmer’s reset pledge
Business • 10:59 AM
1 min
A shift in trade patterns with Europe has weighed on the UK economy, Governor Andrew Bailey said.
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