English

Angela Barnes

Markets

LVMH stock falls as consumers rein in spending on luxury goods

LVMH shares fell at market close on Tuesday after the company failed to cheer investors with its latest financial results.

Markets

European markets slump as investors weigh Middle East developments

European markets were all in the red on Tuesday afternoon as traders continued to monitor developments in the Middle East - and digest fresh economic data from China.

Business

Irish start-up review shows investments fell 35% in 2023 - here's why

TechIreland published their Start-up Funding Review on investments into Irish tech companies last year. Here are the findings.

Business

VW electric car sales plunge: Why are Europeans returning to petrol?

Sales of Volkswagen electric vehicles in Europe fell by almost a quarter in the first three months of the year as consumers returned to petrol.

ADVERTISEMENT

Economy

France trade deficit increases adding to the country's economic woes

In February 2024, France exported €50.3 billion worth of goods, while its imports amounted to €56.3 billion, equating to a trade deficit of €6 billion.

Markets

What's boosting the FTSE? London blue-chip index climbs above 8,000

In early trade on Tuesday 2 April, the FTSE 100 index in the UK broke through the 8,000 level, setting a new record at 8,015.60.

Markets

UBS stock rises as Swiss banking giant launches €1.8bn share buyback

UBS stock rose on Tuesday morning as the Swiss banking giant announced in a statement on its website that it was launching a share buyback of $2 billion (around €1.8bn) over the next two years.

Markets

Market loser? Harsh truth for Trump as social media stock plummets

Less than a week after a flashy stock market debut, Donald Trump's social media company disclosed on Monday that it lost nearly $58.2 million (around €54m) last year, sending its stock tumbling more than 21%.

Business

ProSieben board turns down MFE bid to split German broadcaster

German broadcaster ProSiebensat.1 has rejected a bid put forward by MFE-MediaForEurope to split up the company.

Economy

Spain's economy expands: Why is it outperforming its European peers?

Spain's Gross domestic product (GDP), the measure of value created through the production of goods and services, expanded 0.6% in the fourth quarter of 2023 from the previous quarter.

Economy

Why the Swiss central bank made a surprise cut to its key interest

The Swiss National Bank (SNB) said on Thursday it is trimming its key interest rate, a surprise move that makes Switzerland the first major financial centre to announce a cut in recent months.

The Big Question

What's the outlook for interest rates? Barclays Europe CEO predictions

Francesco Ceccato, the Chief Executive Officer at Barclays Europe, discusses when he thinks the ECB may begin cutting interest rates - and how the forthcoming elections may impact the markets.

Markets

Stocks mixed as Bitcoin jumps over $60,000 for first time since 2021

World shares were mixed on Thursday after a lacklustre day on Wall Street, where selling of technology stocks pulled benchmarks lower - and as Bitcoin jumped above $60,000 for the first time since 2021.

Economy

Mortgages with interest under 1% - a new era in home financing?

Own New in the UK has launched a mortgage product that will enable borrowers to take out a loan with an interest rate under 1% for those buying new builds - is this the new era of home financing, and will it catch on in Europe?

Markets

European markets higher as tech stocks take Wall Street to record high

Euronews Business rounds-up the week's market action as investors digest the week's earnings and economic data.

Economy

Turkey holds key interest rate at 45% as consumer prices soar

Turkey held its key interest rate at 45% on Thursday as consumer prices rose by nearly 65% in January.

Markets

Rolls-Royce stock rises 7% as company swings to pre-tax profit

Shares in Rolls-Royce Holdings climbed around 7% on Thursday morning after the company reported a pre-tax profit on surging revenue and cost savings.

Business

More than 500 companies named for not paying minimum wage

The UK government has pointed the finger at iconic British businesses such as EasyJet, Greggs, Hamleys and Harrods who it says have failed to pay staff members the minimum wage.

Markets

Barclays stock rises as bank unveils cost-cutting and buyback plans

Barclays stock gained nearly 5% on Tuesday morning as the bank unveiled to investors its cost-cutting and buyback plans.

Business

France's EDF returns to profit as nuclear power generation rebounds

French energy company EDF said on Friday that it returned to profit in 2023 as nuclear fleets reopened.

ADVERTISEMENT