English

Eleanor Butler

Economy

Three win Nobel Prize in Economics for research in global inequality

Daron Acemoglu, Simon Johnson and James A. Robinson win Nobel Prize in Economics "for studies of how institutions are formed and affect prosperity".

Business

Denmark's DSV raises €5bn in share sale to fund Schenker acquisition

The Danish logistics company is raising funds to buy Schenker, the logistics unit of German state railway Deutsche Bahn.

Business

Financing the EU's green transition: Who foots the bill?

Around €40 trillion worth of economic activity is moderately or highly dependent on nature - according to the World Economic Forum. A shift towards greener energy sources is necessary, but how do we get there?

Economy

Dublin unveils bumper budget with tax cuts and higher wages

Irish politicians have presented a generous new budget this afternoon, despite concerns about inflation risks and fiscal security.

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Economy

Greece kicks off sale of stake in National Bank for as much as €727m

The move marks the end of the privatisation of Greek lenders after debt crisis bailouts.

Business

Economic self-sabotage? Dublin airport passenger cap row heats up

The aviation industry cannot fully rely on technological solutions to tackle the climate crisis, Green councillor says amid dispute over passenger limits at Dublin airport.

Business

Commerzbank in larger payout pledge ahead of UniCredit talks

The German lender is lifting profit targets and shareholder rewards as Italy's UniCredit contemplates a merger.

Economy

Where are Europe's tax havens - and how are they luring in the rich?

Hungry for investment, countries in Europe are competing to attract and retain the wealthy. Euronews Business explores the tax perks on offer, along with the pushbacks against them.

Economy

Hungary cuts key interest rate, buoyed by US Fed Reserve decision

Policymakers have reduced borrowing costs after a pause in August, although the base rate in Hungary is still the joint highest figure in the EU.

Business

Europe's biggest paintmaker AkzoNobel set to cut 2,000 jobs

The Amsterdam-based firm, known for brands such as Dulux, is on a cost-cutting drive to 'accelerate profitable growth'.

Economy

Banks unprepared for next financial crisis, warns new report

Banking regulations must be tightened to ensure financial stability, says Brussels-based NGO Finance Watch. But, it warns, political will is lacking.

Business

UniCredit raises stake in Germany's Commerzbank to 21%

If the deal wins approval, it will make the Italian bank Commerzbank's largest shareholder - to the dismay of the German government.

Business

Danish logistics giant DSV buys Schenker from Deutsche Bahn

DSV will become the world's largest logistics company thanks to the acquisition.

Business

Denmark's DSV secures Deutsche Bahn unit despite union resistance

DSV will become the world's largest logistics company thanks to the acquisition.

Business

DSV in talks to buy Deutsche Bahn unit amid bidding war with CVC

The €14bn deal still has to be approved by the supervisory board of Germany's state railway.

Business

EU scales down proposed tariffs on Teslas and other Chinese EVs

Suggested rates have been trimmed because of new information from companies, although EU member states must still vote on the proposals.

Economy

German inflation rate dips to lowest level in more than three years

The news raises hopes for another rate cut from the European Central Bank, with the policy committee set to meet this Thursday.

Business

German state decides on lifeline for sinking Meyer Werft shipyard

Meyer Werft, one of the world's biggest cruise ship builders, is battling with a €2.7 billion hole in its balance sheet. The German state has proposed a rescue plan.

Economy

Industrial decline in Hungary accelerates as car production drops

The outlook for Hungarian industry remains pessimistic with last month's output improvement appearing to be an anomaly.

Business

Recovering firm Thomas Cook acquired by Polish travel group eSky

Polish travel group eSky has agreed a deal to buy Thomas Cook, the world’s oldest travel brand, from its current Chinese owner, Fosun, just as it gets back on its feet.

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