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Indrabati Lahiri

Business

Apology incoming! Carrefour caught in South American beef scandal

Carrefour SA's chief executive officer (CEO), Alexandre Bompard, has said that he will be issuing a public apology to Brazil's government to smooth over a controversy sparked by the supermarket after it said that it would not be supplying South American beef to its French customers.

Business

How French start-up Mistral AI is planning to take on Silicon Valley

Mistral AI, one of Europe’s most valuable AI companies, is reportedly making plans to build a base in the US, having already started working on a Palo Alto office.

Economy

Unicorn hub? Here's why Lithuania attracts so many fintech companies

Euronews Business looks at the factors that have contributed to Lithuania becoming one of the fastest-growing startup and fintech hubs in Europe, with a range of soon to be unicorns, known as soonicorns.

Business

Northvolt files for bankruptcy in major blow to European EV sector

The Swedish battery developer and manufacturer, Northvolt, has filed for bankruptcy in the US, as the company struggles with mounting debt, after it was unable to secure rescue funding and was left with only one week of cash reserves.

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Business

Mercedes reveals plans to cut costs by several billion euros per year

Mercedes has revealed plans for substantial cost cuts of several billion euros in the coming years. However, specific details on how these costs will be reduced and which locations will be affected has not yet been detailed.

Economy

Central Bank of Turkey keeps key interest rate unchanged

The Central Bank of Turkey held the key interest rate at 50% at its November meeting, for the eighth month in a row. However, investors are becoming more hopeful that a rate cut may be around the corner, as inflation expectations improve.

Economy

October new car registrations inch up as Spain and Germany see rebound

EU new car registrations rose in October, boosted by robust performance in Germany and Spain.

Business

Volkswagen workers offer to take pay cut as wage talks continue

As Volkswagen’s wage negotiations enter a third round, employees have offered to accept a wage cut, in return for guarantees from the company that it will not shut down German plants, and will protect job security.

Business

Jaguar leaps into historic rebrand as it focuses on electric cars

Jaguar's big plans for the future include replacing its historic "growling cat" logo with a "leaping cat" one, as it attempts to bring modernism into its company design.

Economy

German producer prices stay subdued as energy prices heat up

The producer price index, which looks at the average change in selling prices that domestic producers get for their services and goods, was down for the 16th month in a row.

Economy

Where to invest right now? Here's what the financial experts think

Euronews Business spoke to a number of financial and investment experts to find out what assets to invest in, how to invest in them and what the outlook may be.

Economy

Gas prices jump as Gazprom says it is halting deliveries to Austria

Gazprom Export has announced that it will be halting gas supplies to Austria, following the latter's biggest state-owned fossil fuel company, OMV, winning an arbitral award against it.

Economy

Irish economy likely to lag in 2024 as multinational sector declines

The European Commission expects the Irish economy to decline in 2024. However, growth is expected to pick up pace again in 2025, before stabilising in 2026.

Business

Hyundai Motor Company brings in new Spanish co-CEO to boost expansion

Hyundai Motor Company has appointed its first foreign chief executive officer (CEO) in an attempt to expand the company outside of South Korea and solidify its leadership in areas such as electrification.

Business

ASML remains bullish for 2030 outlook as AI demand stays high

The confirmation of earlier guidance from the Dutch semiconductor group is aimed at boosting investor confidence following the company's disappointing order intake in the third quarter of the year.

Economy

EU battery-electric vehicle market outlook 'likely to worsen' in 2025

A lower battery-electric vehicle market share in 2025 is likely to make it much more difficult for the EU to meet its carbon emission targets as increasing the BEV market share and sales is one of the key ways car makers were planning to meet those goals.

Economy

Germany warns ports against accepting Russian gas shipments

Germany's economic ministry has warned the Deutsche Energy terminal of a planned shipment expected to arrive at the Brunsbüttel facility, according to a report.

Business

BBVA’s bid for Banco Sabadell hit by lengthened competition review

Spanish bank BBVA is experiencing yet another delay in its hostile takeover bid for Banco Sabadell, following increased requirements put forward by Spain’s antitrust regulator.

Economy

French jobless total on the rise as concerns over growth continue

France has been dealing with increasing economic and political uncertainties, mainly arising from the snap elections back in June, which resulted in a hung parliament.

Business

Volkswagen announces plans for electric tie-up with Rivian

As car makers face problems with demand and slower sales in connection with electric vehicles, Volkswagen is teaming up with EV producer Rivian.

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