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Unilever and McCormick near mega deal to create a food giant

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Business

European real wages near pre-COVID levels, but Iran crisis poses risks

Business

G7 pledges to take 'all necessary measures' to safeguard energy market

Europe in Motion

What does trade between the EU and Australia look like?

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Business

TotalEnergies reaps $1bn windfall from Middle East oil war bet

The French energy giant is reported to have dominated the Middle East crude market in March, snapping up dozens of oil cargoes as wartime disruptions created a historic opening for traders.

Markets

Gold and silver slide: Has the Iran war reversed safe-haven demand?

Gold prices have fallen nearly 25% from their record highs, even as the Iran war continues to weigh on the global economy. Why have investors turned away from the traditional safe-haven asset?

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How Costa Rica is taking its sustainable crops global with Amazon

Partner content presented by PROCOMER

Costa Rica is using Amazon to connect European consumers with sustainably produced crops, from coffee and cassava to tropical fruits like pineapple and bananas.

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Europe Needs a New Mindset and the Courage to Act

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Why Europe’s competitiveness depends on governance reform — and on investing in people and leadership: a conversation with PMI’s President for Europe, Massimo Andolina.

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Markets

European markets mixed as Iran tensions push oil prices higher

Brent crude has jumped more than 50% since the Iran conflict began, as Asian markets fall and European stocks follow suit.

Europe News

The EU's recipe for trade deals : easy on beef, tough on wine

Within weeks, the European Commission has wrapped up deals with Mercosur, India and Australia. Yet despite the backlash over the Latin America agreement, Brussels is sticking to a familiar playbook: offensive on wine and cars, defensive on beef.

Business

What would oil above $100 mean for food prices in Europe?

The crisis in the Middle East is driving up oil prices, affecting both energy and food costs. Experts agree that the Iran crisis will significantly impact food prices in Europe.

Business

SpaceX IPO: Musk plans to allocate 30% of shares for retail investors

Elon Musk is preparing to allocate as much as 30% of the shares in SpaceX’s forthcoming IPO to retail investors, according to Reuters. The alleged move represents a significant departure from usual Wall Street practice.

Business

BYD profit slumps 19% after record year edging Tesla off the EV throne

The Chinese electric vehicle giant posted a sharp drop in annual profit in 2025, squeezed by a brutal domestic price war — even as it outsold Tesla by more than 600,000 battery electric vehicles for the year.

Europe News

EU ministers weigh oil price cap and windfall tax to rein in prices

Ahead of a ministerial meeting in Brussels, the European Commission urged EU finance ministers to keep energy relief measures short-term while staying on track with decarbonisation goals.

Culture news

A controversial first: Donald Trump's signature to appear on dollars

Donald Trump’s Treasury Department plans to add his signature to all denominations of US dollar bills. The move is a first, as US paper currency does not feature a president’s signature.

Business

Promised $60 tickets, charged $4,185 — is the EC coming for FIFA?

Euroconsumers and the Football Supporters Europe (FSE) network have filed a formal complaint with the European Commission, accusing FIFA of abusing its monopoly position over 2026 World Cup ticket sales.

Europe News

EU lawmakers support EU–US trade deal, with conditions attached

The European Parliament on Tuesday cleared the way for the implementation of the Turnberry agreement, but the safeguards attached by lawmakers must still be approved by EU member states before tariffs on US goods can be reduced to zero.

Business

Ships seek Iranian clearance in Hormuz as insurance costs surge

Surging insurance costs and tighter control over transit in the Strait of Hormuz are forcing shipowners to rethink voyages, with access increasingly shaped by risk, cost and coordination.

Economy

Who won and who lost from a year of US tariffs?

A report published this month by the McKinsey Global Institute offers one of the most rigorous accountings of last year's trade war. Its verdict confounds almost every prediction made when the tariffs were first introduced.

Business

EBRD investments reach €5.9bn in emerging Central Asian markets

The European Bank for Reconstruction and Development (EBRD) is expanding its investment programme in Uzbekistan, with total commitments approaching €5.9bn across more than 200 projects.

Europe News

LNG tide turns to Asia leaving Europe short on supply

Europe is losing LNG shipments to Asia as the war in the Middle East impacting Qatari facilities pushes prices higher. Italy and Belgium scramble for alternative supplies in mega competitive market.

Business

Cars to defence: Will Volkswagen make parts for Israel's Iron Dome?

Volkswagen is reportedly in talks with Israeli defence company Rafael Advanced Defense Systems about potentially converting VW's Osnabrück plant, currently threatened with closure, to producing defence-adjacent parts.

Business

Helium supply crunch puts MRI services at risk amid Qatar disruptions

Iran's strikes on Qatar's Ras Laffan gas hub have disrupted helium production, showing how the conflict is rippling beyond energy markets to hit industries from technology to healthcare.

Travel News

How Seville is standing up to Madrid and Barcelona for major events

The Andalusian capital is no longer a transit destination. From the Latin Grammy Awards to the Ibai Evening, plus the largest technology congress in southern Europe, Seville is consolidating its own model for attracting events that move millions and global audiences.

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Europe News

Farmers angry after EU-Australia trade deal liberalises farm products

The new EU-Australia trade deal has drawn criticism from farmers and MEPs, who argue that it will open the door to additional imports of sensitive products on top of those already agreed under the contentious Mercosur deal, while not providing full protection for certain EU regional products.

Business

Estée Lauder and Puig in talks to create potential €35bn beauty giant

Estée Lauder has confirmed merger talks with Spain’s Puig as it looks to strengthen its position in fragrances and reverse a prolonged sales decline.

Business

Revolut posts record revenue and profits amid rapid customer growth

Revolut posted record results in 2025, with revenue and profit soaring as the company seeks a global banking status.

Business

US to pay TotalEnergies $1bn to abandon offshore wind project

Washington will refund a French energy giant to exit US offshore wind plans, fuelling criticism from environmental groups.

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Europe News

Von der Leyen clinches Australia trade deal

The European Commission clinched a trade deal with Canberra on Tuesday, liberalising flows of goods while keeping quotas on sensitive EU farm products and leaving Australia’s luxury car tax largely intact.

Business

Portugal could declare an energy crisis — but what does that mean?

An existing energy crisis scenario allows the government to act directly in limiting prices, but this can only happen after an EU-level decision.

Europe News

EU says Mercosur deal set for provisional application from 1 May

The EU executive finalised procedures to provisionally implement the contentious Mercosur trade deal, with tariff cuts on goods to take effect from 1 May despite a legal challenge at the EU Court of Justice.

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Why Costa Rica’s economic model is attracting investment in uncertain times

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How Costa Rica built a resilient investment ecosystem combining stability, talent, renewable energy and precision manufacturing to attract global companies.

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Business

EU–Iran trade: Which countries have the strongest economic links?

EU–Iran trade fell to its lowest level in two decades in 2025 due to sanctions. Trade continues on a limited scale, with Germany accounting for the largest share.

Business

Unilever considers selling food unit after receiving McCormick offer

The move would represent a major shift for the consumer goods giant, which is increasingly focusing on personal care and beauty products under its new chief executive.

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How UK–Europe Trade Is Driving the Next Generation of Manufacturing

Partner content presented by DBT

From electric vehicle batteries to aircraft wings, many of the products shaping Europe’s future are not made in one country alone. They are built across borders – with parts, expertise and technology moving between states – including between mainland Europe and the UK - at every stage.

World

French hotel group denies allegations of human trafficking in Ukraine

In a report by the American hedge fund Grizzly Research, establishments belonging to Accor are accused of harbouring Ukrainian children for adoption in Russia.

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Business

Five European nations and Japan to 'contribute' to Hormuz security

The conflict around the Strait of Hormuz is starting to draw in global powers, as disruptions to shipping and energy flows raise concerns about wider economic fallout.

Business

Uber to roll out 50,000 Rivian robotaxis in Europe and North America

Uber will buy thousands of autonomous Rivian robotaxis and invest up to $1.25 billion (€1.1bn), aiming to launch a fleet of 50,000 vehicles by 2030.

Business

Strikes on Gulf energy hubs threaten global LNG supply for months

Strikes on key Gulf energy sites are becoming more frequent and more damaging, beginning to unsettle supply and expose vulnerabilities across the region.

Europe News

MEPs clear path for full adoption of EU–US trade deal

EU lawmakers moved closer to implementing the EU–US trade deal after a key committee vote, but tensions with Washington persist.

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Business

AI use at work in Europe: Which countries lead — and why?

A third of people in the EU used generative AI tools overall in 2025, and fewer than half of them used them for work purposes, bringing the share to 15%. AI use at work varies widely across Europe, with clear regional patterns.

Business

China treads carefully on energy interests in Iran war

The Iran war is disrupting global energy flows and increasing the risk of wider regional escalation, leaving major economies such as China walking a tightrope.

Economy

Moody's says US recession increasingly 'hard to avoid' amid Iran war

Moody’s Analytics model forecasts a 49% chance of a US recession in the next 12 months, the closest probability in years.

Business

New Almalyk Mining copper plant reaches 60m tonne capacity

The facility is expected to raise daily copper concentrate output and expand processing capacity.

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Europe News

Von der Leyen to visit Australia as trade deal nears finish line

The European Commission is eyeing another deal in its push to diversify trade ties, with President Ursula von der Leyen set to visit Australia from March 23 to 25 to clinch a long-awaited agreement.

Business

Tankers still cross Strait of Hormuz as Iran controls who gets through

Dozens of ships are still navigating the Strait of Hormuz as Iran keeps oil flowing, despite continued attacks aimed at one of the world’s most critical trade routes.

Business

Piety at home, property abroad: What are Mojtaba Khamenei's assets?

Official sanctions records, corporate filings and land registry documents point to a vast financial network possibly tied to Iran's new supreme leader.

Business

Why is petrol more expensive in Germany than most places in the EU?

Germany has been hit particularly hard by rising petrol prices compared to the rest of the EU. A task force set up by the German government aims to counteract this while exposing the oil companies' profit scam.

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TotalEnergies reaps $1bn windfall from Middle East oil war bet

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BYD profit slumps 19% after record year edging Tesla off the EV throne

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