English

Angela Barnes

Markets

Tesla stock rises as it rebounds from Trump-Musk public feud

Tesla's stock went up about 4% on Friday afternoon after the US markets opened as investors remain divided on how the feud between the automotive company's CEO Elon Musk and US President Donald Trump will play out.

Business

Procter & Gamble to cut 7,000 jobs as tariff pressure hits

Procter & Gamble will cut up to 7,000 jobs, or approximately 6% of its global workforce, over the next two years as the maker of Tide detergent and Pampers diapers wrestles with tariff-related costs and customers who have grown anxious about the economy.

Economy

Bulgaria to adopt the euro: How do countries join the Eurozone?

European Union officials gave the green light on Wednesday for Bulgaria to become the 21st member of the euro currency union, a key EU project aimed at deepening ties between member countries.

Markets

European markets mixed as investors digest ECB interest rate decision

European markets were mixed on Thursday afternoon as investors digested the latest ECB interest rate decision.

ADVERTISEMENT

Markets

European markets lower as investors eye US-China trade developments

European markets were lower on Monday afternoon as investors monitored updates on US-China tariff developments.

Markets

European stocks rise as Trump tariffs are temporarily reinstated

European markets were higher on Friday after an appeals court agreed to pause a trade court ruling that had blocked the enforcement of US President Donald Trump's sweeping trade levies.

Economy

Markets jump after court rules against Donald Trump's sweeping tariffs

Asian shares have advanced and US futures jumped after a federal court blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.

Business

European companies cut costs and scale back investments in China

European companies are cutting costs and scaling back investment plans in China as its economy slows and fierce competition drives down prices, according to an annual survey released on Wednesday.

Business

Trump Media eyes Bitcoin reserve with €2.3 billion investor backing

US President Donald Trump's media company said on Tuesday that institutional investors will buy $2.5 billion (around €2.3bn) in the company's stock with the proceeds going to build up a bitcoin reserve.

Markets

European markets open higher as Trump delays 50% tariffs on the EU

Stock futures surged after US President Donald Trump agreed to postpone the planned 50% tariffs on the European Union, but the US dollar remained under pressure amid waning investor confidence in US assets, pushing the euro to a one-month high.

Business

Japan's Prime Minister urges Trump to choose investment over tariffs

Japan's Prime Minister Shigeru Ishiba said on Friday that he held telephone talks with US President Donald Trump and agreed to hold “productive" discussions at an upcoming tariff talks between the two sides.

Business

Qatar Airways posts record €1.98 billion profit in latest earnings

The holding company that owns Qatar Airways reported on Monday it earned a $2.15 billion (€1.98bn) profit in its last fiscal year, its highest-ever profit off the back of record passenger numbers as global aviation bounces back after the coronavirus pandemic.

Economy

China's economy slows in April as trade war blues hit retail sales

China’s economy showed signs of slowing in April as President Donald Trump's trade war took a toll, with retail sales, property and investment coming in weaker than economists had forecast.

Economy

The Fed leaves key rate unchanged as it sees risk of higher prices

The Federal Reserve kept its key interest rate unchanged on Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the central bank in a difficult spot.

Business

DoorDash agrees to acquire UK rival Deliveroo for €3.55 billion

DoorDash, the US food delivery app, has agreed to acquire British rival Deliveroo for £2.9 billion (€3.55 billion) in cash, expanding its business in Europe, Asia and the Middle East.

The Big Question

The Big Question: What’s the secret to Newsmax’s success?

After an explosive debut on the New York Stock Exchange, Newsmax CEO Chris Ruddy joined Euronews’ business editor Angela Barnes on The Big Question to discuss the secret to the group’s success.

Economy

Donald Trump pledges to slap 100% tariff on films made abroad

US President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the US.

Economy

China evaluating US offers for trade talks but tariff obstacle remains

China’s Commerce Ministry said on Friday that Beijing is evaluating multiple approaches by the Trump administration for trade talks.

Business

Amazon posts robust sales and profit beat but outlook clouded

Amazon posted higher first-quarter profit and sales that beat analysts' projections, underscoring the online behemoth's hold on shoppers looking for low prices and a wide selection in an uncertain economy.

Economy

How tariffs and other uncertainties are weighing on Mideast economies

Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid, the International Monetary Fund said on Wednesday.

ADVERTISEMENT