Business
Today
Why are Europe's equity titans lagging far behind the US Magnificent 7?
Business • 7:06 AM
4 min
European mega-caps trail US 'Magnificent 7' amid lack of AI 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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Yesterday
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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Which European companies are poised to benefit from a stronger dollar?
Business • 10:49 AM
3 min
As the euro weakens post-Trump’s win, a group of European firms with high US revenue and low asset exposure stand to gain from a stronger dollar environment.
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European regulators green light new Alzheimer's drug after first rejecting it
Business • 10:42 AM
2 min
European regulators initially said in July that the drug's benefits did not outweigh its risks.
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EU inflation forecast to tumble as Brussels warns of looming trade war
Business • 9:30 AM
3 min
The European Commission has hailed a 'gradual' rebound in economic activity, but warns the EU is 'especially vulnerable' amid rising geopolitical tensions.
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French people spend about 3.5 hours online every day, new survey finds
Business • 6:00 AM
3 min
A new survey conducted in France found that people spend half of their internet time on very large platforms.
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Thursday, november 14, 2024
Web Summit: Questions raised over Portugal's capacity to host Europe's largest annual tech event
Business • 11:13 PM
4 min
As Europe's largest annual tech event draws to a close, questions are being asked about Lisbon's capacity to host Web Summit beyond 2028.
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Measles cases rise more than 200% in European region amid global surge, WHO and CDC say
Business • 7:02 PM
4 min
New estimates for worldwide cases of measles were released in a joint World Health Organization and Centres for Disease Control and Prevention report.
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Google removes EU-based news content from search feeds as part of 'time-limited test'
Business • 5:35 PM
2 min
The test aims to provide regulators and publishers with further data on how Google is used to access news content.
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Big Tech not yet complying with EU digital rules - consumer report
Business • 4:33 PM
2 min
European consumer association BEUC considered that Meta, Apple and Google still have to improve the interoperability of their platform to third party businesses to comply with the Digital Market Act.
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ASML remains bullish for 2030 outlook as AI demand stays high
Business • 4:21 PM
4 min
The confirmation of earlier guidance from the Dutch semiconductor group is aimed at boosting investor confidence following the company's disappointing order intake in the third quarter of the year.
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EU slaps Meta with €797 million fine for breaching antitrust rules
Business • 4:15 PM
2 min
The European Commission slapped a €797, 72 million fine on Facebook’s owner Meta for abusing its dominant position in the market for personal social networks on Thursday, for preferencing its online classified ads service Facebook Marketplace.
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More than 800 million people have diabetes globally. How does Europe compare?
Business • 3:29 PM
5 min
Diabetes rates have doubled globally in the last three decades, a new study suggests, here’s what to know about the situation in Europe.
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Monaco's city centre remains in the loop as F1 extends Grand Prix contract
Business • 2:48 PM
2 min
The F1 market is highly lucrative. Parent company Formula One Group is worth around $17.35bn (€15.94bn), making it the world's 1072th most valuable company, according to companiesmarketcap.com.
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TikTok, X, Meta exposed to terrorist content: Irish regulator
Business • 1:10 PM
3 min
The online platforms now have three months to report back about the measures they took to take down illegal content.
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McDonald's E. coli food poisoning: Cases increase to 104 in outbreak tied to slivered onions
Business • 11:51 AM
3 min
One person died and 34 were hospitalised due to an E. coli outbreak linked to slivered onions.
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Danish royal court announces end to the practice of royal warrants
Business • 10:12 AM
2 min
The sweeping changes to the royal warrant system, which dates back to the 1800s, are being widely seen as an attempt to modernise the monarchy under King Frederik X and Queen Mary.
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Bluesky adds 1 million users since US presidential election
Business • 9:38 AM
2 min
The social media site Bluesky has seen many new users join since the US election.
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AI use poses risks to global financial system, standard-setters warn
Business • 9:00 AM
2 min
The Financial Stability Board said the technology could lead to herding, fraud and disinformation, as jurisdictions such as the EU examine the case for further regulation.
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Gay, lesbian, and queer students are three times more likely to suffer from depression than peers
Business • 6:30 AM
3 min
LGBTQIA+ students are much more likely to be affected by a major depressive disorder than their peers, a new study in the US has found.
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Wednesday, november 13, 2024
Commission proposes EU-wide digital tool to cut red tape for cross-border services
Business • 4:14 PM
5 min
The European Commission is proposing a voluntary single digital portal for companies posting workers to another member state to provide cross-border services. Stakeholders are divided over its 'added value'.
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‘Tremendous potential’: Cell therapy shows promise in treating deadly brain cancer in new trial
Business • 4:00 PM
6 min
A clinical trial showed CAR-T cell therapy may shrink aggressive brain and spinal cord tumours in young patients.
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EU countries warn of Commission power grab in telecom law revamp
Business • 3:55 PM
4 min
The current draft text would give the European Commission more competences in spectrum management, a group of 13 countries warned during discussions on the White Paper on connectivity.
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BBVA’s bid for Banco Sabadell hit by lengthened competition review
Business • 3:20 PM
3 min
Spanish bank BBVA is experiencing yet another delay in its hostile takeover bid for Banco Sabadell, following increased requirements put forward by Spain’s antitrust regulator.
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Blocking deforestation law could make EU look ‘ridiculous’, former commissioner warns
Business • 2:49 PM
3 min
The largest political group in the European Parliament is counting on support from the far right to gut a law that would keep products linked to deforestation off the market, in a move that risks undermining the EU’s position at the COP29 climate talks.
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Will the global luxury goods market shrink in 2025 due to Trump tariffs?
Business • 2:23 PM
3 min
A study says the global luxury goods market will shrink in 2025 and Trump tariffs could make it worse.
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British newspaper The Guardian to no longer post on Elon Musk's X platform
Business • 2:12 PM
2 min
The UK daily said they would no longer post on their editorial accounts.
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Stellantis recalls Jeep and Dodge SUVs to fix computer problem that can disable brake safety devices
Business • 2:07 PM
1 min
Stellantis is recalling about 207,000 Jeep and Dodge SUVs in the US to fix a computer problem that can disable the anti-lock brakes and electronic stability control safety features.
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Poland's agriculture ministry records 'reservations' over Mercosur deal
Business • 1:41 PM
3 min
As a deal looms by the end of the year, Poland’s agriculture ministry has published a statement where it registers reservations over the Mercosur agreement. It should please France which leads the opposition to the deal.
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