English

Eleanor Butler

Economy

France prepares to scale back jobless benefits once again

Support for unemployed individuals should be reformed to reduce the government deficit, according to France's new PM.

Business

BlaBlaCar secures €100 million to expand international operations

Paris-based carpooling app BlaBlaCar hopes to grow its service in countries like Brazil, Mexico and India after a disappointing pandemic period.

Economy

Inflation cools in Germany as interest rates hamper growth

Prices increased more slowly than expected in March according to official figures, fuelling hopes for an ECB rate cut.

Economy

UK house prices fall for first time in three months

Higher mortgage costs stall buyer demand in March in the UK housing market but annual growth remains on the rise.

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Business

Speculation over M&S Ocado split persists after payment dispute

Experts suggest Ocado should try to woo US investors as the firm's dispute with M&S rolls on.

Markets

UK steel shortages threaten wind of change for offshore projects

The British government wants to deliver 50GW of offshore wind power by 2030 but its target faces delays unless domestic steel production is increased, says a leading consultancy firm.

Economy

Ireland's housing crisis: Tens of thousands of new builds needed

Property group Knight Frank says Ireland is running on a huge housing deficit as it outlines the country's future needs.

Economy

How have Europe's economic issues fared on von der Leyen's watch?

Ursula von der Leyen is seeking a second term as head of the European Commission. What has her current five-year stint meant for the economy?

Business

Member states invest in new euro coins to celebrate special events

Germany, Belgium and Spain are among European nations issuing new coins celebrating places and events of national significance.

Markets

Trump set to cash in as shares in his media platform Truth Social soar

Former US President Donald Trump looks set to cash in on significant windfall revenue as shares in his social platform soar on the stock market.

Economy

French government overshoots deficit target: How will it source funds?

Public accounts showed a fiscal shortfall of 5.5% of economic output last year, up from 4.8% the previous year - and significantly more than the government's target of 4.9%.

Business

Chinese battery maker plans to build UK’s biggest gigafactory

EVE Energy has allegedly pledged an initial £1.2 billion to create a battery plant on the outskirts of Coventry, England.

Markets

Reddit’s market value climbs to almost $10 billion following IPO debut

Social platform Reddit saw its stocks skyrocket after offering formerly private shares for public purchase.

Markets

Reddit IPO raises $748 million as it sells in-demand shares

Social platform Reddit has priced its shares at the top of a market range, bringing the firm's value to $6.4 billion (€5.9 billion).

Business

Fake it till you make it? Not on our watch, says UK music industry

Trade association BPI has started legal proceedings against Jammable, a start-up imitating famous singers like Drake and Amy Winehouse.

Economy

EU states urge European Investment Bank to rethink defence policy

Germany, France, and a dozen other EU countries want the EIB to change its policy on defence investment.

Economy

IMF: Emerging European economies need high interest rates for longer

Inflation is proving more stubborn in central, eastern and southeastern Europe, says the International Monetary Fund, meaning a soft landing must be handled carefully.

Business

Vodafone to sell Italian arm to Swisscom in €8 billion deal

The mobile phone giant will offload Vodafone Italia in an effort to streamline operations and tackle sliding share prices.

Economy

Rewarding tax havens? Why Ireland may cash in on OECD reforms

The cornerstone of Irish economic policy has been low corporation tax, so what will a minimum levy mean for the country?

Business

UK plans to ban foreign state ownership of newspapers

The proposed law comes in response to a UAE-backed bid for The Daily Telegraph newspaper and The Spectator magazine.

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