English

Eleanor Butler

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.

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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.

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.

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.

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