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Doloresz Katanich

Economy

Florida to consider relaxing child labour laws to fill vacant jobs

Now that the United States is cracking down on immigration, some low-skill jobs may not be so easy to fill. So the state is debating lifting some child labour laws to involve minors.

Business

European car sales dip in February, EVs pick up but Tesla sales tumble

A sharp decline in overall sales in major markets including Germany and Italy dragged down the numbers of newly registered cars in the EU. However, EVs are distinctly increasing their market share in the bloc, with Chinese-made cars on the rise.

Economy

US to impose tariffs on Venezuelan oil imports, impacting global trade

US President Donald Trump said Monday he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela, although the US does so itself.

Business

SAP overtook Novo Nordisk to become Europe's most valuable company

The German software company's share price gained 40% in the past year, while Danish drugmaker Novo Nordisk has gradually lost almost half of its own since last summer.

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Business

European airlines see shares flying low as Heathrow chaos continues

The major European carriers saw their share prices decline after the region’s busiest airport had to temporarily close on Friday.

Economy

What could trade tariff threats really cost the European economy?

Uncertainty around trade will have a major impact on global growth, reducing business investment in the EU and the UK by 2% this year, Oxford Economics finds.

Economy

To cut or not to cut? US Fed faces stubborn inflation and weak growth

Faced with persistent inflation and a slowing economy, the Federal Reserve finds itself in a tight spot ahead of its interest rate decision this week.

Economy

The UK economy unexpectedly contracts in January in setback for state

The British economy shrank in the first month of 2025 compared with December, driven by a decline in production.

Business

Profits in focus: Reports from Generali, Deutsche Bank and Deliveroo

Strong results from Italy’s Generali Group and British Deliveroo, as well as the declining profit of Hugo Boss, were shaping the European market landscape on Thursday.

Business

Rheinmetall sees profit jump as Europe prepares for military splurge

Germany’s Rheinmetall announces a 38% jump in net profit in 2024 and predicts a sales boost as Europe increases military capacity.

Business

Volkswagen shares rise on outlook despite 2024 profit declining

Volkswagen AG concluded 2024 with lower operating results but slightly increased sales revenue. The carmaker presented its plans to navigate the challenges coming from the US and China, but they haven’t factored in tariffs for 2025.

Economy

Struggling to find work? UK sees more jobseekers and fewer vacancies

UK firms are reluctant to hire due to subdued growth prospects and rising labour costs, two new studies show.

Business

Spanish bank BBVA will start offering bitcoin and ether trading

Spanish financial giant Banco Bilbao Vizcaya Argentaria is preparing to offer crypto trading to customers on its platform in Spain.

Business

Where in Europe are women most willing to start their own business?

Women have the most appetite to create their own business in Portugal, Poland and Greece in the EU. However, outside the bloc, Ukraine is home to an even higher ratio of aspiring female entrepreneurs, a new study shows.

Business

No more tips: Just Eat Takeaway.com launches drone delivery in Dublin

The food delivery company teamed up with drone operator Manna Drones Ltd to launch the speedy service.

Economy

Turkey cuts interest rate to 42.5% after inflation hits two-year low

Turkey’s central bank lowered its key interest rate by 2.5 percentage points on Thursday, its third consecutive cut, reacting to a slowdown in inflation in the country.

Markets

DHL's shares soar 10% as it announces savings plan and job cuts

The German logistics company announced a cost-saving plan after a "challenging" year in 2024. However, investors applauded fourth-quarter results.

Economy

The trillion dollar question: How can Germany kickstart its economy

Friedrich Merz, Germany's soon-to-be chancellor, has announced a strategy to exempt defence spending from limits on government borrowing.

Business

The EU’s plan to save the ailing European car industry

In a new action plan to boost Europe's car industry, the European Commission pledged to support EV battery manufacturing, one of five flagship initiatives. Brussels also gave more flexibility for meeting this year’s CO₂ targets.

Economy

Taxing the rich could help cover increased French defence spending

France is looking at ways to increase its defence budget after the US paused its military aid to Ukraine. The heavily indebted country is not excluding taxing the rich.

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