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Indrabati Lahiri

Business

World first as EasyJet trials new paint for a lighter shade of plane

Low-cost UK airline EasyJet is planning to try out a new lightweight painting method, in an effort to save on fuel usage and cut overall aircraft weights.

Business

Chinese jet maker ramps up efforts to push Airbus and Boeing out

China’s state-owned aircraft producer, Comac, is already being used by some of the country’s biggest airlines, and has plans to expand further in southeast Asian markets, before eyeing Western markets.

Economy

German solar panel industry struggles with declining demand

German solar panel demand has been hit by dampened consumer and investor sentiment, as the ongoing cost of living crisis and high interest rates have hampered installations.

Business

German urban air mobility company files for insolvency

Volocopter, a German air transport company, has filed for insolvency following several unsuccessful attempts to raise funds in an increasingly challenging international market.

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Markets

Coffee and cocoa on track to be largest commodity gainers of 2024

Cocoa and coffee saw some of the steepest price increases this year, exacerbated by falling supply and escalating global trade tensions.

Markets

French stocks heading for worst annual run in years

French stock indices like the CAC 40 have suffered this year, dragged down by a slow down in the luxury sector, as well as increasing fears about France’s political stability.

Economy

Turkish economic prospects show signs of improvement in December

The Turkish economic confidence figures for this month pointed towards a brightening outlook for the country's economy, boosted mainly by a growth in confidence among retailers and service providers.

Economy

Spanish retail sales grow at slowest pace since June 2024

Although falling spending on both food and non-food items has contributed heavily to this dampened figure in November, Spain still saw strong consumer goods spending in the third quarter of the year.

Economy

UK retailers fear the worst as shoppers shun Boxing Day sales

The traditional Boxing Day sales in the UK experienced lower footfall than in 2023, partly because of the rise of online shopping and deals. Several major retailers also remained closed on the day.

Business

B&Q extends reach in Ireland with Homebase stores' purchases

The three stores complement B&Q's existing network of eight stores in the Republic of Ireland, representing strategic additions to its estate.

Business

Eni launches supercomputer in bid to discover new oil and gas fields

With an estimated cost of over €100m, the supercomputer - known as the HPC6 - will be able to handle a number of artificial intelligence functions, as well as highly sophisticated calculations, with the help of nearly 14,000 graphics processing units (GPUs).

Business

BMW says luxury cars were sold to Russian buyers despite sanction

BMW Group has confirmed that it has sold more than 100 high-end cars to Russian buyers, despite EU sanctions being in place to halt the export of vehicles to Russia.

Economy

UK economy stagnates as concerns of recession increase

Revised figures show that the UK's economy registered zero growth between July and September as both the services and production sectors saw marked declines.

Economy

Spain set for sunny outlook within eurozone economy in 2025

The eurozone economy is set to grow 1.2% next year, up from 0.8% this year, according to S&P Global Ratings, mainly boosted by a good performance from Spain. However, underperformance in Germany is likely to cap gains.

Economy

Christmas saving tips: How to celebrate without breaking the bank

Euronews Business explores savings and planning tips which can help reduce overspending on Christmas.

Business

Volkswagen talks over future of plants and jobs at a 'stalemate'

Workers at the car giant have been taking industrial action following VW's revelations about the possibility of closing German plants and axing thousands of jobs. Volkswagen is struggling with falling sales in Europe, high labour costs and excess capacity.

Business

Volkswagen majority stakeholder supports German factory closures

Car giant Volkswagen’s biggest owner, the Porsche-Piëch family, has said they are in favour of reducing the number of German plants, as a cost-cutting measure.

Economy

Central and Eastern European clean tech exports on track to triple

Poland, Bulgaria, Croatia and Romania are on track potentially to rapidly scale up their clean tech exports, which could go a long way in helping the EU meet its net zero 2050 target, as well as increase its global competitiveness.

Business

Chinese car maker BYD on track to beat Honda and Ford sales

BYD, one of the biggest Chinese electric vehicle (EV) producers, has seen higher sales figures through more car trade-ins in China, edging it closer to its 2024 sales target.

Business

Jaguar's all-electric models set for a higher-than-thought price surge

Jaguar Land Rover's chief executive officer (CEO), Adrian Mardell, has said more about how much the company's new electric models could cost.

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