English

Eleanor Butler

Economy

Ireland has a budget surplus: Why has it been warned to stop spending?

Ireland's fiscal watchdog has advised the government to pinch pennies before October's budget announcement.

Business

Why the German government looks set to reduce its stake in Commerzbank

Commerzbank has emerged from financial distress, prompting the state to sell down its €2.5 billion stake.

Economy

Turkish delight as inflation rate dips, raising hopes of rate cuts

Annual inflation has been easing since June, although August's total is still more than 10 times higher than the central bank's target.

Business

Why are senior leaders at Germany’s Thyssenkrupp resigning?

A bitter restructuring row has left the firm’s steel division waving goodbye to its CEO, chair and five directors.

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Economy

China holds off on EU brandy tariffs as subsidy spat drags on

Beijing moves to de-escalate trade tensions after the EU imposed tariffs on Chinese electric vehicles.

Business

Turkish firm buys company formerly owned by fallen business tycoon

Sabanci Holdings has bought a majority stake in Mannok, once the prized firm of Seán Quinn - and since a victim of several attacks and sabotage attempts.

Business

Capri Sun plans plastic return as paper proves final straw for juice

Customers in Switzerland will soon see plastic straws back on their Capri Sun packets. In the EU, however, paper straws are here to stay.

Business

Leaked report shows half of EIB staff fear whistleblowing reprisals

Staff at the Luxembourg-based EIB are hesitant to report incidents of bullying, harassment or fraud - FT.

Business

Ryanair boosts Belfast flights and cuts Berlin capacity

The Irish airline will increase available seats between London and Belfast this Christmas to compensate for a flight cap at Dublin airport.

Business

Swiss news group Tamedia calls time on print as focus shifts online

The company blames 'a rapid change in media usage' and a shift in the advertising landscape for the situation, adding it is going to focus instead on digital offerings.

Business

BMW overtakes rival Tesla to take the top spot in European EV sales

Sales of fully electric BMWs rose by more than a third in July, although the German carmaker still trails behind Tesla in year-to-date sales.

Business

Scholz visits Meyer Werft shipyard as company struggles to stay afloat

Meyer Werft, one of the world's biggest cruise ship builders, will receive government support to patch up its budget deficit.

Business

Deutsche Bank settles 60% of claims in long-running legal dispute

The German lender has been dealing with disgruntled shareholders since its acquisition of Postbank fourteen years ago. Now, it claims to have made "significant progress".

Economy

Poland's corporate employees see wages jump - more rises forecast

Nominal pay increases are set to continue although at a slower rate, forecasters predict. Poland's employment growth, meanwhile, is contracting.

Business

German energy firms gridlocked after state U-turn on buy-in plans

The state has abandoned plans to buy part of TenneT, which operates Germany's biggest power grid network. The U-turn has spooked energy firms EnBW and RWE.

Business

Bouygues Telecom gets green light for La Poste Telecom takeover

The French Competition Authority rules Bouygues Telecom's acquisition of mobile network operator La Poste Telecom will not be a risk to competition.

Economy

Sweden cuts interest rate and says policy easing could speed up

Growth is weak in Sweden while inflation remains low, pushing policy makers to lower borrowing costs.

Economy

Power to the people - should Europeans choose where their taxes go?

As France tries to find its way through political gridlock, the outgoing PM Gabriel Attal is looking for policies with cross-party support. One idea is to give more power to taxpayers.

Business

Porsche moves in with deal to help stalling German battery maker Varta

Porsche's decision to support Varta will allow the luxury car maker to have access to high-performance batteries for its hybrid and electric cars.

Economy

Euro area trade surplus rises despite a drop in exports

The value of exports in the region outweighed imports in June 2024, particularly when looking at the trade of chemicals, machinery and vehicles.

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