English

Eleanor Butler

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.

Business

Ed Sheeran shows support for football club by acquiring minority stake

The singer, who was born in West Yorkshire but grew up in Framlingham in Suffolk, has been a longtime supporter of Ipswich Town. He says that the opportunity is "any football fan's dream".

Business

Carlsberg sees 'fake' Spanish lager brewed in UK gulping into profits

A number of firms brand their beer as Spanish or Italian even though the products are brewed in the UK.

Business

EDF cuts nuclear production in reaction to soaring temperatures

The energy provider insists there are no looming safety risks as three French regions face heatwave warnings.

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Markets

Surprise result over which European stock market investors prefer

A Wall Street bank poll shows that investors in America favour the UK stock market over European alternatives, signalling a change of fortune for the LSE from 18 months ago.

Economy

German wages set to rise at the fastest pace in more than a decade

Pay increases may compensate for falling purchasing power. However, wages will still remain below their 2020 value.

Business

Life in the slow lane? Porsche buys stake in FlixBus and Greyhound

The world-famous car manufacturer says its share is worth a "low double-digit million" euro figure.

Business

French-born boss of AstraZeneca named highest-paid CEO in Britain

Pascal Soriot headed a list of top earners compiled by the High Pay Centre, with bosses of Rolls Royce and HSBC also included in the top 10.

Business

Revolut backer eyes European tech start-ups for fresh investment

London-based Balderton Capital is injecting funds into European start-ups as venture capital remains robust in the region.

Business

China appeals to World Trade Organisation over EU tariffs on EVs

The European Commission says that tariffs are necessary to protect EU firms against unfair competition. China says its EV industry has flourished naturally.

Business

German steelmaker ThyssenKrupp holding major restructuring talks

The firm's supervisory board will discuss the independence of its steel division in the face of fierce competition from Asia and climate demands.

Economy

Shock French unemployment drop after forecasts of market slowdown

President Macron's government celebrates as the jobless rate falls more than predicted in France.

Business

Siemens beats profit estimates on strong demand for electrification

The German tech giant reported a profit that was 11% higher than that recorded in the same period last year.

Business

Portugal seeks to fine companies using national flag to sell alcohol

A probe that coincided with the last stage of the Euros football championship finds that firms were infringing the advertising code.

Economy

Italy doubles 'billionaires' tax on wealthy new arrivals

Locals had criticised the previous tax rules after rich expats buying property in Italy sent house prices spiking.

Economy

Swiss officials admit to three billion-franc pension blunder

Pensions will leave less of a black hole in the state coffers than officials had claimed. While some see this as good news, many in Switzerland feel misled.

Business

Danish groups call for ban on energy drink sales to protect youngsters

Young people should be banned from buying drinks with high levels of caffeine, say health and consumer groups in Denmark.

Economy

Eurozone sees drop in building work as demand remains weak

France saw its most dramatic fall in construction activity since January, while German firms continue to struggle.

Business

L’Oréal acquires Galderma stake and targets the injectables market

The French beauty firm has bought a 10% stake in the Swiss company, Galderma, which specialises in skin treatments and injectables such as fillers.

Business

EU member states set to back tariffs on Chinese EVs, says trade chief

Tariffs could come into force in November after a vote in late October.

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