English

Angela Barnes

Markets

European markets and Wall Street mixed after Monday's sell-off

European markets opened higher on Tuesday morning but went back in the red by the afternoon as Wall Street started Tuesday's trading session in the green.

Markets

Wall Street sees sea of red as investors fear US economic slowdown

Stocks open sharply lower on Wall Street as investors fear a US economic slowdown; Dow drops 1,000 points.

Markets

Oil prices rise as Middle East tensions weigh on investors

The price of US crude and Brent climbed on Wednesday as tensions in the Middle East weighed on the minds of investors.

Business

Real Madrid star Kylian Mbappé strikes deal to buy own football club

Mbappé is set to buy 80% of shares in Ligue 2 side Caen in a €20 million deal.

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Business

Metro Bank selling mortgage portfolio to NatWest after 16% profit fall

Metro Bank is selling its mortgage portfolio to NatWest after a 16% fall in profit.

Business

Nestlé downgrades sales outlook and looks to new products for growth

Swiss food and drink company Nestlé downgraded its sales outlook on Thursday for the year as it struggles to win back inflation-hit consumers that have turned to cheaper brands.

Business

Demand for luxury declining? LVMH half-year net profit drops 14%

Shares in LVMH Moet Hennessy Louis Vuitton SE fell nearly 5% on Wednesday morning after the luxury goods company failed to cheer investors with its latest results.

Business

Strong summer travel demand gives easyJet profit a boost

EasyJet has updated investors on its profit and full year 2024 outlook with the airline announcing an improvement on earnings as it moves towards its medium term targets.

Business

Brakes on Porsche profit outlook as alloy supply shortage kicks in

Shares in Porsche fell nearly 5% on Tuesday morning after the German sports car maker cut its sales and profitability outlook for 2024.

Business

Italian energy group Eni in talks with KKR over biofuel unit stake

Italian energy group Eni says it is in exclusive talks with investment firm KKR over the potential sale of a minority stake in Enilive. If it goes ahead, the deal could value the biofuel unit at up to €12.5 billion.

Markets

Microsoft and CrowdStrike shares drop after IT outage savages systems

Shares in CrowdStrike and Microsoft were in the red on Friday after a global IT outage hit companies and industries worldwide.

Business

How one of the biggest ever IT outages hit businesses globally

Companies, banks and airlines worldwide have been hit by a major IT outage which caused massive disruption to a wide range of services. Here's a look at the businesses and sectors that have been impacted.

Business

How iFLYTEK is hoping to transform cross-border communication using AI

Vincent Zhan, Vice President of Consumer Business Group, iFLYTEK, spoke to Euronews’ Angela Barnes at GSMA MWC in Shanghai about its real-time translation advancements and smart use of virtual assistants.

Business

Whale Cloud reveals plan to revolutionise digital landscape with AI

George Zhao, Deputy CMO of Whale Cloud International, spoke to Euronews’ Angela Barnes at GSMA MWC in Shanghai about recent company advancements and recruiting European talent.

Business

HONOR CEO reveals phones to reduce eye strain and detect AI deepfakes

HONOR was among the global tech companies that gathered in Shanghai in China last week for GSMA Mobile World Congress (MWC) to showcase its latest mobile offerings. Euronews spoke to the group's CEO George Zhao at the event to hear more about its focus on AI.

Business

AI, future of 5G and challenges ahead dominate at GSMA MWC Shanghai

GSMA MWC Shanghai 2024 concluded with the show‘s largest ever international participation, welcoming nearly 40,000 attendees from a record 124 countries and territories for three days of innovation showcasing and collaboration.

Business

AI and the future of 5G in focus at GSMA MWC Shanghai

GSMA MWC Shanghai 2024 has returned this week with a focus on AI, the future of 5G and driving industry collaboration.

The Big Question

Smile! Mastercard CEO Michael Miebach discusses the future of payments

In this episode of The Big Question, Mastercard CEO, Michael Miebach, shares his view on the future of payments and whether Europe is prepared for AI cyber threats.

Economy

Eurozone economy growth thanks to increased household spending

In the first quarter of 2024, the eurozone economy grew by 0.3% compared with the previous quarter, according to the third estimate published by Eurostat, the statistical office of the European Union.

Business

Capital Markets Union: What direction after the European elections?

A plan to unlock funding for Europe’s growth has been high on the political agenda for years although delivering a single financial market for capital across the continent is no easy task that will continue to challenge the next leadership.

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