English

Eleanor Butler

Economy

More Germans left without jobs this summer as economy contracts

The unemployment rate in Germany is creeping back up to levels seen during the early phase of the pandemic.

Business

Alphabet bats away Musk accusations of election interference

Alphabet insists it did not manually filter Google search results after Elon Musk suggested the engine was favouring the Democratic campaign.

Economy

Hard times for Latvia as eurozone nations share mixed economic updates

Ireland and Belgium's economies continued to grow from April to June - although Latvia's was not so lucky.

Economy

France's PM hopeful Castets has 'super rich' in her sights over tax

Currently, if you are a French resident and your tax residence is outside of the country, you are only taxable on your income from French sources, except in rare cases.

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Economy

Spain's unemployment rate continues to fall as tourism boosts economy

Spain's unemployment rate continues its downward trend, boosted by tourism and robust GDP growth.

Business

Deutsche Bahn set to cut thousands of jobs after stinging losses

The German rail operator will axe around 9% of its staff after year-on-year net losses soared around 16-fold in the first half of 2024.

Business

Crypto firm Coinbase fined millions for serving high-risk customers

The UK branch was fined £3.5 million (€4.16 million) after breaching a voluntary agreement brokered with the British watchdog.

Business

French pharma giant Sanofi ups profit forecast as Dupixent sales soar

The French pharmaceutical firm announces double-digit sales growth in the second quarter thanks to Dupixent and new products.

Business

New York Times unable to push Germany's Wordle out of puzzle market

The New York Times, which owns Wordle, has been embroiled in a battle with German puzzle distributor Stefan Heine over his own equivalent game. A court decision on Friday ended the dispute.

Business

Global cyber crash: The effect of technology outages on companies

When the technology says no, how can businesses stay resilient?

Business

Croatia, Czechia and Hungary warm to electric vehicles

New registrations of electric cars in the EU dipped slightly in June, despite significant growth in Croatia, Czechia, and Hungary.

Business

Dutch authorities fine Santander over 'irresponsible' lending

This is the second such fine given to the Spanish bank by the Dutch watchdog, which accuses Santander of not gaining enough financial information about some customers, thereby leaving debtors vulnerable.

Business

Company-sponsored egg freezing: How global firms are attracting talent

In the global race for talent, firms are looking for new ways to attract and retain the best employees.

Business

Prost! Munich gets its first booze-free beer garden

Alcohol is slipping in popularity in Germany and new businesses are seeking to cash in.

Business

Hugo Boss joins firms hit by luxury spending depression

The German fashion house has cut its yearly sales guidance due to weaker demand in China.

Business

Burberry boss ousted after profit warning issued amid luxury slowdown

The British fashion house says its quarterly performance is "disappointing" and warns it will miss annual profit forecasts.

Economy

Portugal celebrates mythical beasts and heroes with Ulysses coin

The Bank of Portugal pays tribute to the mythical founder of Lisbon with a €5 collector coin.

Business

Unilever to axe a third of European office jobs as part of growth plan

As many as 3,200 roles will be cut in Europe by the end of 2025.

Business

Discussions under way to split owner of Politico and Business Insider

The media conglomerate currently owns German publications Bild and Die Welt, along with US sites Business Insider and Politico. The company also unsuccessfully tried to buy the Financial Times in 2015.

Economy

The world is getting richer, but who is benefiting the most?

Financial markets rallied last year after a dip in 2022, boosting global net wealth by more than 4%. Growth in Western Europe was slightly more subdued in terms of financial wealth.

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