English

Eleanor Butler

Economy

Saving or splurging: Where are young people most financially literate?

Knowing how to manage money is more important than ever, says the OECD, but nearly one in five students surveyed lacked basic proficiency.

Markets

Birkenstock's key shareholder to offload stock despite rosy forecast

US private equity firm L Catterton will still hold the biggest slice of the Birkenstock pie.

Business

Aer Lingus to meet with pilots as union prepares for weekend strike

The two parties are hoping to resolve a pay dispute that has already led to 270 flight cancellations.

Business

Aston Martin reveals new sports car inspired by racing star

Luxury British carmaker Aston Martin reveals its limited edition 'Valiant' model, saying it expects deliveries to start towards the end of the year.

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Business

Stellantis threatens to stop UK car production over EV quotas

A senior employee says government rules amount to "punishment" as demand for electric vehicles fails to pick up.

Markets

Nvidia stock tumbles after stint as world’s most valuable company

The "AI darling" has recorded losses for three trading days in a row, waving goodbye to more than $500 billion in market value since last week's peak.

Business

How do you grow a unicorn? What Europe can do to support its start-ups

Europe is home to an impressive roster of business heavyweights including Deliveroo, Revolut, and Bolt. Even so, experts are concerned about an international innovation gap.

Economy

EU and China agree to negotiate on tariffs as EV row rumbles on

Officials from both sides finally agree to hold consultations, signalling progress could be made on finding a way to end the subsidy spat.

Business

Revolut in talks to sell close to €500 million of existing shares

The UK fintech firm, already one of Europe's most-valuable startups, is seeking to shore up shareholder liquidity without yet launching an IPO.

Business

Germany battery maker Varta seeking recharge as yearly targets lowered

The firm blames pessimistic outlook on reduced demand in the energy storage market.

Business

UK retailer Sainsbury’s to offload banking business to NatWest

The second biggest supermarket chain in the UK is selling its banking arm to focus on its core food business.

Economy

Krone rises as Norway holds firm over interest rate decision

Unlike its counterparts for Sweden, Switzerland and the euro zone, Norges Bank is holding back on interest rate cuts.

Economy

Thousands of UK-based millionaires set to move overseas

The UAE remains the world's leading millionaire magnet, while China and the UK are set to see mass exoduses.

Business

Ferrari's first electric car to cost at least half a million euros

Ferrari's first electric car will cost at least €500,000, a source familiar with the matter told Reuters.

Economy

Hungary moves on interest rate as inflation creeps up

A further reduction comes on the back of more than a year of rate cuts, although a drop in the forint is curtailing dramatic changes.

Business

Aer Lingus pilots plan to take action over wage dispute

The Irish airline is warning of significant travel disruption this summer as pay dispute escalates.

Business

Mark Zuckerberg funds start-up battling children's screen usage

British firm Yoto makes audio players for children, designed with Montessori principles in mind of learning through play. It’s screen-free, making it increasingly popular with parents.

Business

UBS sets aside €800 million for investors hit by Greensill collapse

After taking over Credit Suisse in 2023, Swiss bank UBS is now clearing up the mess left by its former rival.

Business

Pilots to announce decision of Aer Lingus strike ballot

Results are expected to show pilots in favour of strikes over an ongoing wage dispute.

Economy

€25 a pack: Does raising prices actually stop people smoking?

France's Senate wants a 5% annual increase in cigarette prices until 2040, a proposal designed to discourage smokers.

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