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Doloresz Katanich

Business

Headache for Bayer as results show fall in Q1 sales and earnings

Mixed earnings results from the German Bayer Group put the pharmaceutical giant's share prices on a rollercoaster ride in Tuesday's early trading.

Business

Shein steps up IPO plans amid claims of 75-hour week for suppliers

The retail giant, which has reportedly chosen London for listing, is facing fresh claims of poor working conditions in its supply chain in China.

Markets

Town-sized private land in the Arctic is up for sale for €300 million

The 15,000 acre plot is halfway between Norway and the North Pole. It lies at the heart of a pristine wilderness which has provoked debate over climate change and is the focus of geopolitical tensions among global powers who are eager to exploit the natural resources of the Arctic region.

Economy

Inflation rate in Hungary edges up slightly to 3.7% in April

After 14 months of decline, the rate of inflation in Hungary rose again.

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Business

BP pledge to cuts costs as profits fall below expectations

Energy giant BP is to launch a major cost-cutting programme after Q1 profits were hit by falling gas prices and a refinery outage and earnings fell short of analyst forecasts.

Business

UBS returns to profit for the first time since Credit Suisse takeover

The Swiss banking giant's shares were up more than 9% after the earnings report.

Markets

Buying a piece of an island: How crypto could change property deals

Europe is the hottest market for swapping property for cryptocurrencies, according to the founders of asset-backed cryptocurrency Unicoin.

Business

Eurotunnel operator offers cash to attract new cross-channel services

Getlink says that there is capacity for 2.5 times more trains to use the Channel Tunnel on a daily basis.

Business

How the rug got pulled from under Iran's traditional carpet weavers

The export of traditional Persian rugs from Iran, a market which once exceeded $2 billion, has plummeted to less than $50 million in the last year.

Economy

Where in Europe was unemployment the lowest in March?

Unemployment in the Eurozone remained at a record low of 6.5% in March, the same as February.

Business

Novo Nordisk owner invests millions in quantum computing

Novo Holdings, the parent company of the maker of weight-loss drugs Ozempic and Wegovy, is investing millions to create a global innovation hub for quantum technology in Denmark.

Economy

Alarming lack of charging points keeps EU climate goals out of reach

The EU needs mass-market adoption of electric cars in all states to achieve Europe’s ambitious CO2-reduction targets but lacks the public charging infrastructure to meet them, according to a new report.

Business

Putin bares his teeth as Russia takes control of two EU businesses

Moscow puts subsidiaries of German and Italian firms under the control of a Gazprom division, sparking annoyance from Italy and the EU.

Economy

What the European economy could expect from the EP political parties

Euronews Business asks the various political groups in the European Parliament about their economic agenda for the next five years.

Markets

French companies share buyback was on record in 2023. But why?

French companies are buying back their shares like never before. Reportedly, the French government is planning to tax these buybacks.

Economy

Wealth report: What are the richest people investing in this year?

A total of $483 billion (€443.5 billion) is waiting to be invested in 2024 across the globe. What's the smart money on?

Markets

Back in profit: Barclays share price jumps nearly 5% on latest results

Shares in Barclays jumped on Thursday as the UK lender swung back to profit after reporting losses in the final three months of last year amid its efforts to restructure the bank's operations.

Economy

Electric cars need to be cheaper to reach EU climate goals, says ECA

European electric vehicles are unaffordable for a large number of Europeans, said the EU's external auditor body.

Economy

What Europe needs to get on with the clean energy transition

Europe is not on track with its energy transition goals, but is in a good position to succeed in reaching them, French multinational energy management group Schneider Electric tells Euronews Business.

Economy

Low-income Europeans facing hard times over housing cost struggle

ECB research shows that more than one-fourth of low-income households expect late payments on their mortgages in the coming months.

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