English

Quirino Mealha

Business

Chinese carmakers double EU market share as EVs drive sales growth

New car registrations in Europe grew 4.2% in the first four months of 2026, as traditional European brands maintained their dominance despite Chinese carmakers doubling their share of the EU market.

Markets

Memory chip giants SK Hynix and Micron cross $1 trillion amid AI mania

South Korea's SK Hynix and US chipmaker Micron both surpassed $1 trillion (€860bn) in market capitalisation within 24 hours of each other. Seoul's KOSPI index also hit an all-time high as AI continues to reshape markets.

Markets

Oil steadies at $100 and markets stay volatile as US-Iran talks stall

Brent crude trades at $100 per barrel while European indices drop, Asian stocks close mostly flat and US equities open higher. Markets remain volatile as US-Iran talks stall and President Trump reiterates nuclear demands.

Economy

Five sectors where the EU is critically dependent on Chinese imports

From solar panels to rare earths and industrial robots, Chinese firms have quietly become the dominant, sometimes sole, supplier across a growing number of European industries as fears of another "China shock" rise.

ADVERTISEMENT

Business

EasyJet probed in Italy over alleged unfair baggage pricing

Italy's competition watchdog has launched a formal investigation into easyJet over claims the airline misled consumers through opaque bundled baggage pricing on its booking platforms.

Business

Finnish smart ring maker Oura plans IPO at over €9 billion valuation

The Finnish company behind the Oura Ring, a wearable health tracking device, is moving towards a Wall Street listing that could become one of the most valuable IPOs of a European firm this year.

Business

German business confidence rises despite Iran war energy shock

German business confidence rose unexpectedly in May, breaking a run of declines linked to the Iran war and offering cautious optimism that Europe's largest economy is proving more resilient than initially feared.

Markets

IBM adds market value of Adidas after Trump’s quantum computing push

Quantum computing stocks surged after the Trump administration announced more than $2 billion (€1.7bn) in federal support for the sector. IBM received the largest investment and shares rose over 12% adding more than $27 billion (€23.2bn) in market capitalisation.

Business

Million-dollar salaries: Top AI talent tech giants are fighting over

As Big Tech and a whole cohort of new-generation AI start-ups race towards artificial general intelligence (AGI), elite researchers and engineering leaders have become the equivalent of franchise athletes.

Business

New filing shields Trump and his family from IRS tax audits

The US Department of Justice has released an additional filing linked to the Trump-IRS settlement, preventing the federal agency from pursuing existing tax audits involving the US president, his family and affiliated businesses.

Markets

Goldman Sachs reportedly selected to lead SpaceX IPO this year

Goldman Sachs has reportedly secured the leading underwriting role for SpaceX’s expected stock market debut this year in a move that paves the way for the largest IPO in history.

Business

PlayStation Plus price hikes spark backlash from gamers

Sony is increasing the price of PlayStation Plus memberships in several markets. The decision has prompted criticism from players who argue that subscription gaming is becoming increasingly expensive.

Business

Ryanair profits surge 40% to record €2.26 billion despite fuel crisis

Europe’s largest low-cost airline posted record annual profits as rising fares and sustained travel demand helped offset aircraft delivery delays and mounting uncertainty in global fuel markets due to the Iran war.

Business

How Dropbox makes remote jobs work as more firms return to the office

Dropbox says its fully remote model has strengthened recruitment, improved retention and supported financial performance, even as many employers tighten office attendance policies introduced after the COVID-19 pandemic.

Markets

Stock trades reveal Trump made massive gains on Big Tech bets

A newly released ethics filing has revealed that US President Donald Trump made over 3,600 stock trades during the first quarter of 2026 with a value of between $220 million (€188mn) and $750 million (€641mn).

Economy

US 30-year bond yield tops 5% for the first time since 2007

The US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007 on Wednesday, highlighting mounting investor unease just as the Senate confirmed Kevin Warsh as the next chair of the Federal Reserve.

Business

Xi Jinping vows to 'open door wider' to US firms during Trump visit

Chinese President Xi Jinping used US President Donald Trump's visit to Beijing to reassure American business leaders that China remains committed to further opening its economy to foreign investment.

Economy

Two-thirds of Europe's LNG imports to come from the US this year

Europe is expected to source almost two-thirds of its liquefied natural gas imports from the US in 2026, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

Business

Musk and Cook join Trump on China visit to talk trade and AI

A high-level delegation of business executives is travelling to China with US President Donald Trump on Wednesday, with the inclusion of Jensen Huang underscoring how AI chip exports and advanced technology trade are likely to be central to discussions between the two nations.

Economy

Trump in Beijing: How do the US and China compare as superpowers?

US President Donald Trump's visit to China this week comes as the rivalry between the world's two largest economies is increasingly shaped by economic competition, technological leadership and global influence.

ADVERTISEMENT