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Doloresz Katanich

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.

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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.

Economy

Modest growth in the German economy helps it avoid a recession

Europe's biggest economy expanded by 0.1% in the third quarter, revised down from the first estimate of a 0.2% rise.

Economy

How can the EV charging sector fuel the European economy?

Creating hundreds of thousands of jobs and adding more than €90bn to the European economy over the next 10 years is the EV charging sector's promise if certain hurdles are cleared from the pathway of e-mobility in Europe.

Business

European hotspots for AI: These are the leading countries in 2024

Germany has shown a huge improvement this year in a new ranking for the best hotspots for AI startups. Even so, Europe's strongest economy still falls short of the top spot.

Economy

UK inflation rises to 2.3% as energy bills push up consumer prices

Inflation in the UK rose sharply to a six-month high in October, above the BOE's 2% target, scaling back bets that there will be further cuts in borrowing rates this year.

Economy

EU-Mercosur trade deal: Winners and losers in Europe

European member states are facing benefits and drawbacks as the sealing of the strategically important deal is drawing closer.

Markets

Olive oil prices on track to halve, says world's biggest producer

One of the most difficult periods for the industry is coming to an end and will be driving prices down to half of their all-time high in the coming months, according to Spain's Deoleo.

Economy

What Europe can learn from the US about growth, reveals IMF report

A slowdown in productivity growth in Europe has became one of the key reasons behind a widening per capita income gap with the United States, according to the IMF's latest productivity report.

Economy

How could Europe's biggest economy lose out under Trump's plans?

The German economy, already in decline, could be about to lose 1% of GDP due to the trade tariffs, promised by US President-Elect Donald Trump.

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