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Doloresz Katanich

Markets

French bond yield surpasses Spain's as investors mull budget woes

France's bond yield surpassed Spain's this week for the first time since 2008 as Europe's second largest economy struggles with debt.

Business

VW workers stage protest as managers and unions hold talks

The talks on pay and conditions at Volkswagen come amid reports of job cuts and, for the first time in its history, potential plant closures in Germany.

Economy

OECD: Belgium needs to cut public spending to reduce debt and deficit

The debt keeps swelling and if no action is taken, the OECD warns, it could reach 200% of the GDP by 2050.

Economy

Denmark raises aid pledge to World Bank's low-income countries fund

Denmark, one of 52 countries funding development projects through the World Bank's initiative, is urging other countries to join it in tackling the 'most pressing development and climate challenges' facing the world today.

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Business

What is behind the huge drop in Mercedes' share prices?

The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for the full year because of weakness in Chinese demand for its vehicles.

Economy

Norway holds its benchmark interest rate at 16-year high of 4.5%

Why is one of Europe’s best-performing economies not following in the ECB’s footsteps?

Economy

EU car industry calls for urgent action as EV new car sales tumble

The industry is calling for policymakers to help, saying that, if nothing is done, the required transition will be costly not only to the carmakers but to the economy itself, as well as putting the EU's transition to zero-emission at risk.

Economy

Ireland needs 'tens of thousands' more homes to keep up with demand

Ireland's central bank says the housing market is struggling from a decade of under-supply and needs tens of thousands more homes to be built annually.

Economy

Eurozone inflation figures see drop in August, towards ECB 2% target

Services were the main reason for the boost but growth in inflation was at the slowest rate in three years and inching towards the ECB's target of 2%.

Economy

What is the economic impact of floods across Europe?

Central Europe is experiencing its biggest floods in decades, which is expected to cost billions in economic losses.

Economy

Netherlands new budget aims for 'people to have more money to spend'

Migration, the housing shortage and household incomes are among the key issues, the new Dutch government has decided to tackle in its budget and policy plans for 2025.

Markets

How to ‘make finance great again’: Trump’s new cryptocurrency debuts

Former President Donald Trump launched a new crypto platform, World Liberty Financial, on Monday evening, 50 days before Election Day.

Economy

Budapest district joins other cities in Airbnb-style rental rebellion

Residents in one of the most popular parts of Hungary's capital, Budapest, have joined other European cities in voting to call time on short-term rentals.

Business

Working remotely? Here's why it could be a challenge for your boss

Remote working opportunities are once again on the rise in Europe in certain industries. However, employers face potential risks and challenges when offering staff the opportunity to work away from the office.

Markets

Wake up and smell the coffee but where's the best value espresso?

Coffee prices continue to rise in the continent but at a considerably slower rate than last year's double-digit price hikes.

Business

Fashion brand Esprit files for bankruptcy in Europe

The Hong Kong-listed group says seven of its businesses in Germany cannot pay their bills and it is "unviable financially to continue the business as it is currently structured in Germany".

Economy

Why the days of lower European property prices may soon be over

European residential properties have held onto nearly all their value, while the overall price drop for all types of commercial properties slowed down significantly after almost two years of going downhill, latest data reveals.

Business

Allianz, Europe's largest insurer, sees double-digit jump in profits

Profits at the German insurance group were driven by its property-casualty segment, which benefited from higher prices and relatively benign claims from natural catastrophes.

Business

European ports turned into car parks as EV makers hunt buyers

Sales of electric cars in Europe are relatively low, but it is just one reason why the vehicles are piling up in Europe's major ports.

Markets

'Meme Rally' sparks 70% share price leap for GameStop on single X post

US video game shop GameStop's share price more than doubled as the result of a a 'meme rally'. But what is it and how can it move millions of dollars?

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