English

Indrabati Lahiri

Business

Tesla cuts 10% of its workforce in global efficiency drive

Tesla's drastic layoffs may be a response to changes needed in the wake of the disappointing last quarterly delivery report.

Business

UAE state oil company has BP in sights as potential takeover target

Adnoc’s takeover bid for BP is the latest in a string of acquisition bids for energy companies, such as ExxonMobil's agreement to purchase Hess Corporation.

Economy

Inflation cools in Germany and France as food and energy prices fall

German and French inflation numbers both fell in March, primarily due to declining food and energy prices, leading to more hopes of inflation soon returning to the ECB’s 2% target.

Markets

Copper-bottomed deal for investors as metal climbs to record high

Supply fears and soaring demand have both contributed to surging copper prices, which is also considered an indicator of overall economic health.

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Markets

Gold continues price surge as investors monitor Middle East tensions

Gold prices have touched a new record high, as tensions between Iran and Israel intensify, leading to more safe haven asset purchasing.

Economy

Retirement savings: How well prepared are Europeans for the future?

Euronews Business explores why a lot of European adults are still struggling to put enough in their pension pots and what the best ways are to save for retirement.

Business

Intel gives Nvidia run for money with new Gaudi chip

Intel has become the latest tech company to release its own artificial intelligence chip, in an attempt to weigh in on the AI boom.

Economy

How reliant are European nations on North Sea infrastructure?

Countries like the UK and Norway are still significantly reliant on North Sea energy resources. However, harsher tax measures have led to several energy companies, such as Shell, pulling back from their offshore oil fields.

Business

Europe's Tesla fans fear brakes put on plans for cheaper electric car

European Tesla enthusiasts may have to resign themselves to paying for the company's existing models, as more rumours emerge of the company abandoning its plans for a cheaper electric vehicle.

Business

Shell fuels fears of London exodus as it considers move to New York

Shell is considering a move to New York, as the divide widens between traditional investors, who want the company to focus on oil and gas, and activist investors, who want more renewables.

Business

Disney looks to add to the magic with billions more for theme parks

Disney has already made changes to its theme parks over the past few years, such as upgrades in animatronics and robotics, as well as adding new rides.

Business

E-scooter firm Lime plans London manoeuvres after Paris ban

Despite some opposition to e-bikes and scooters, Lime aims to expand into three more London boroughs, and to open a new warehouse in north London.

Economy

Eurozone construction falls on dampened housing activity in March

Reductions in commercial and civil engineering activity, as well as a decline in new business also contributed to this figure.

Business

Samsung forecasts 10-fold surge in profits as chip downturn eases

An artificial intelligence boom, production cuts by other manufacturers, as well as higher demand have all contributed to rising memory chip prices.

Business

Volvo sees record sales in March boosted by electric SUV sales

Volvo Cars saw robust sales in March 2024, boosted by the growing popularity of their fully electric and plug-in hybrid models.

Economy

Here's how you can save tax in the UK before the 5 April deadline

Individual savings accounts (ISAs) are some of the best and most efficient ways to save tax before the end of the financial year.

Business

How this aviation company in Ireland is making its mark in the US

Avia Solutions Group is the latest in a series of European businesses to announce plans for expansion into the US, following the likes of other companies such as Flutter Entertainment, CRH and Smurfit Kappa.

Economy

Turkey's inflation figure soars to highest level since November 2022

Turkey's March inflation figure came in lower than analyst estimates, but was still higher than February's, because of higher transport and housing prices.

Economy

Taiwan quake: Europe trembles over semiconductor supply

Taiwan's 3 April earthquake has led to increased calls for Europe to reduce dependence on Taiwanese semiconductor chips.

Markets

Gold hits fresh high: Why are investors turning to the precious metal?

A closer look at why the price of gold has hit a fresh record this week as other commodities also move higher, including oil prices.

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