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Doloresz Katanich

Markets

Bitcoin hits another all-time high - what's behind the crypto rally?

Cryptocurrencies are gaining from expectations that President-elect Donald Trump will favour digital currencies during his time in the White House.

Markets

French government bonds under pressure after Moody's downgrade

The yield on 10-year French debt rose to more than 3%, on the first trading day after the credit rating agency unexpectedly cut France's debt rating.

Economy

Here's how China, not Europe, is driving growth in global EV sales

China contributed to two-thirds of global EV sales in November, according to a new report.

Economy

Norway aims to cut energy links with Europe due to soaring prices

“It’s an absolutely sh*t situation,” said Norway’s energy minister Terje Aasland cited by FT, reacting to electricity prices in the country that are six times that of the EU average these days.

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Economy

European Central Bank delivers final rate cut of the year

The ECB started cutting the main interest rates in June 2024, to boost the Eurozone's lagging economy, through lower rates to encourage borrowing, spending and investment.

Business

Bosch: Up to 10,000 German jobs at risk as car market stutters

The world's largest supplier of car parts has been hit by weak demand, strong Chinese competition and slow transition to EVs.

Business

SpaceX became the world’s most valuable private startup overnight

The valuation of Elon Musk's rocket company jumped to $350bn (€332bn) due to an insider deal.

Economy

French central bank expects zero growth in fourth quarter

The bank's monthly survey shows a rising uncertainty among businesses in Europe's second-biggest economy.

Business

TikTok launches online shopping in Spain and Ireland

In a first step to expand across the European region, social media app TikTok has launched its in-app shopping service in Spain and in Ireland.

Business

BP moves offshore wind to joint venture as moves away from renewables

BP is creating a joint venture to bring about 'one of the largest global offshore wind developers' while lowering its share of investment in renewables.

Business

Plant closures and job cuts: Volkswagen resumes talks with unions

Management and unions at Volkswagen have yet to find common ground in talks concerning the German car maker's proposal on possible job cuts and plant closures. Workers took strike action on Monday.

Economy

What next for France's finances after the government's collapse?

Without a new budget, the country is facing a deficit of up to 6.6% of the GDP in 2025, more than double the European Union's standard.

Markets

Coffee prices at record levels - Cost of a cup set for steaming high

There are growing concerns about the crop in Brazil and Vietnam, the world's biggest coffee producers.

Markets

European markets stay steady despite French government's collapse

The French stock markets showed no immediate reaction to the political turmoil in the country.

Economy

Housing market: Where is it the most expensive to buy in Europe?

EU house prices increased by 48% between 2010 and 2023, while housing costs, including paying for utilities skyrocketed in some member states, according to the latest report about housing in Europe by Eurostat.

Business

Luxury carmaker Aston Martin issues a profit warning - again

Aston Martin is raising millions to invest in electrification, as well as in other areas, while its core profit is expected to fall short of 2023 levels.

Economy

Big drop in German consumer confidence beats hopes of economic growth

A key survey shows Germans preparing to tighten their belts rather than boost private consumption, the sector which provides half of the GDP in Europe's biggest economy.

Business

Stellantis announces plans to close Vauxhall van-making plant at Luton

The French-Italian car giant says it is planning more investment to enhance its other UK factory at Ellesmere Port as the UK's sustainable, EV-only volume manufacturing plant.

Economy

What beef do EU farmers have with the Mercosur free trade deal?

The deal has been 25 years in the making and it aims to create one of the largest free trade zones in the world - but farmers in Europe are heavily opposed to sealing it, saying that they cannot compete with South American livestock producers.

Markets

Winter is coming: Volatile energy prices set to return in Europe

Rising natural gas prices and increasing uncertainty are set to dominate Europe's energy outlook for the coming winter.

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