English

Angela Barnes

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.

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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.

Economy

Donald Trump to offer automakers some relief on his 25% tariffs

President Donald Trump signed executive orders on Tuesday to relax some of his 25% tariffs on automobiles and auto parts, the White House said, a significant reversal as the import taxes threatened to hurt domestic manufacturers.

Economy

Greece unveils €1bn in benefits after posting 1.3% budget surplus

Greece’s prime minister on Tuesday announced €1 billion in financial benefits for lower-income households and the public investment program, after the country became one of the few European Union members to post a budget surplus in 2024.

Business

South Korea to boost chip industry support in face of Trump's tariffs

South Korea said on Tuesday it will expand its financial support package for its crucial semiconductor industry to 33 trillion won (about €22.43 million) as part of efforts to address uncertainties posed by the Trump administration’s tariff hikes.

Business

Raw materials to keep British Steel plant operating reach the UK

The UK government said on Tuesday that it had bought enough raw materials to keep Britain’s last steelmaking blast furnaces operating for the “coming weeks.”

Economy

Trump considers pausing auto tariffs as world economy endures whiplash

President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.

Economy

China's exports jump 12.4% as imports fall under Trump-era tariffs

China's exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in US tariffs imposed by President Donald Trump, the government said on Monday.

Markets

US stocks lose gains as Asian markets fall in China-US trade war

Asian shares sank on Friday after US stocks gave up much of their historic gains from the day before.

Business

Prada Group buys Versace fashion house from US owner in €1.25bn deal

Prada Group announced the purchase of Versace fashion house on Thursday from US luxury group Capri Holding in a cash deal valued at €1.25 billion euros ($1.4bn.)

Markets

Wall Street rallies to historic gains as Trump halts most tariffs

Asian shares followed the US trend and surged overnight with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ’s decision to back off on most of his tariffs.

Markets

US stocks surge after Donald Trump announces 90-day pause on tariffs

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%.

Economy

China imposes 84% tariff on US goods as Trump trade war escalates

Beijing will raise tariffs on US goods from 34% to 84% starting on Thursday, an action that follows the US increasing tariffs on Chinese goods and tensions over trade policies.

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