English

Doloresz Katanich

Economy

Here are the biggest economic risks for EBRD countries in Europe

Export competition from China and trade uncertainties are among the issues squeezing economic growth in the regions covered by the European Bank for Reconstruction and Development (EBRD).

Business

Tut Tut: The French start-up making community part of every delivery

Every day, thousands of individuals deliver groceries for their neighbours in France, brought together by a collaborative platform called Tut Tut. The app has just reached one million deliveries nationwide, although its founders say the aim is not job creation.

Economy

French billionaire Bernard Arnault slams wealth tax as 'deadly'

Politicians in France reacted to heated comments from the country’s richest man after Arnault called the Zucman tax a way to "destroy the French economy".

Business

Nvidia pledges to invest £2 billion to boost AI start-ups in the UK

This comes on the back of a series of tech announcements in the UK this week, shared while US President Donald Trump visits the country.

ADVERTISEMENT

Business

Mars to invest €1bn in Europe as Kellanova deal remains unresolved

The American confectionery giant said that the investment will go towards modernising manufacturing, with factories in France, Poland and Lithuania among those set to benefit.

Business

European countries with the most government subsidies for buying EVs

While all EU member states offer some form of tax benefit to boost EV sales, there is a significant difference between their direct purchase incentive schemes, with some of the most generous ones coming from Southern European countries.

Business

Google pledges £5bn investment in the UK, creating AI-driven jobs

Over the next two years, the company plans to invest in AI-driven research and development units, claiming it will add more than 8,000 jobs a year across UK businesses.

Business

Alphabet hits $3 trillion market cap with shares on record

The Google parent company has attracted strong investor interest following a favourable antitrust ruling which stopped a forced sale of its Chrome browser.

Business

Ørsted proceeds with share sale at 67% discount to raise capital

Danish offshore wind energy company Ørsted is facing financial uncertainty after the Trump administration derailed its US projects.

Economy

Why the Fed is likely to cut rates as economic uncertainty mounts

Caught between economic uncertainty and political pressure, the Federal Reserve will decide this week whether to begin cutting interest rates after nine months — and by how much.

Economy

Why a decline in the UK's university sector is a threat to GDP

UK universities face a funding crisis that could cost the overall economy, but mostly impact a few already fragile regions, said Oxford Economics in a recent report.

Economy

European Central Bank leaves key deposit rate unchanged at 2%

As analysts widely expected, the European Central Bank kept its benchmark interest rate untouched on Thursday. This comes as the eurozone economy shows signs of resilience and inflation remains close to the ECB’s 2% target.

Economy

Japan: Revised Q2 GDP shows 2.2% growth despite US tariffs

Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated. The data was published hours after Prime Minister Shigeru Ishiba announced his long-awaited resignation following his party's defeat in the summer elections.

Markets

Wall Street takes a blow after disappointing US jobs data

Wall Street reached new records, but the euphoria ran out as a disappointing US jobs report was released, fuelling expectations that the Federal Reserve will cut key interest rates at its next meeting in September.

Business

Spanish BBVA receives greenlight for Banco Sabadell takeover

Spain's Banco Sabadell has been fighting off unsolicited interest from financial giant Banco Bilbao Vizcaya Argentaria (BBVA) since last year.

Business

Trump: Substantial semiconductor tariff coming 'very shortly'

Leaders of the US's biggest tech companies were grilled over their domestic investments at a dinner hosted by Donald Trump on Thursday. The president said that those investing in the US could be exempt from new tariffs.

Business

Porsche is leaving Frankfurt’s DAX index amid US tariff turmoil

The German luxury carmaker is set to leave the group of the 40 largest companies listed on the Frankfurt Stock Exchange, along with healthcare company Sartorius. Porsche CEO Oliver Blume is aiming for a speedy return to the leading index.

Economy

The French government is in danger, and so is the French economy

Economic risks are emerging in France while political instability looms, as the third government is in danger of falling in little over a year. Further attempts to tackle the country’s enormous debt could be choked until after the next presidential election in 2027.

Business

Austrian police raid Labubu store in Vienna for suspected tax evasion

The tax police inspected a pop-up store in Vienna's city centre selling the hyped and much-coveted Labubu cuddly toys and found a wide range of violations of the law.

Business

Toyota expands Czech plant to build its first European EV

Japanese carmaker Toyota said on Wednesday it would invest €680 million to build a new production line in the Czech Republic to make a battery electric car.

ADVERTISEMENT