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Italy petrol tops €2.6: opposition and groups sound alarm, govt weighs variable fuel duty
Fuel costs are back in the spotlight: in Milan and on motorways prices exceed €2.60 a litre. Opposition parties and associations warn of hikes hitting families and firms, while the Meloni government drafts measures to stem the crisis.
Business
No one wants to be the boss: Why is Gen Z turning down promotions?
Fewer young employees aspire to management roles and if businesses fail to develop new leaders and encourage Gen Z to take on managerial roles, they may find it increasingly difficult to maintain organisational effectiveness.
Business
Trump Media to sell faster access to key market-moving social posts
Customers will receive posts from Truth Social’s “most influential accounts” in milliseconds through a service aimed at financial institutions and professional traders. The feed could include Donald Trump’s market-moving posts, although the company has not confirmed which accounts will be covered.
Business
China ‘firmly opposes’ UK nationalisation of British Steel
The UK government announced on Thursday that it had passed legislation to nationalise British Steel, previously owned by China’s Jingye Group, to protect the country’s steelmaking capacity after Jingye moved to shut the company’s blast furnaces.
Business
The world's most profitable airlines: Record earnings collide with war
The nine most profitable airlines on the planet earned a combined $25.11 billion (€22bn) in their latest annual results, with Emirates keeping its crown. However, the numbers largely reflect an industry snapshot moments before the Iran war changed everything.
Business
TSMC posts record profit and pledges $100bn to expand US manufacturing
Taiwan Semiconductor Manufacturing Company (TSMC) beat Wall Street expectations on Thursday with a record second-quarter net profit, up 77% from a year earlier, while pledging a further $100bn (€87.4bn) to expand its chipmaking capacity in the US.
Business
AI demand lifts Europe's biggest company ASML's sales forecast
Europe's biggest company by market capitalisation, ASML, continues to benefit from the AI boom after raising its full-year net sales forecast to between €43bn and €45bn. Investors welcomed the upgrade, sending the shares up more than 5%.
Business
France and Spain meet in the most expensive World Cup semi-final ever
Tuesday's clash between France and Spain in Texas is not just a footballing spectacle, it is also, by market value, the costliest semi-final the World Cup has staged, with the two squads worth a combined $3.2 billion (€2.8bn).
Business
TSMC's June sales drive revenue surge of 68% ahead of earnings report
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 35.6% increase in revenue during the first-half of 2026, and of 68% in June, highlighting continued strong demand for AI chips ahead of the firm's full second-quarter earnings report later this week.
Business
Volkswagen lacks backing for overhaul plan with up to 100,000 job cuts
Volkswagen's proposed restructuring plan failed to win backing from the labour bloc on the company's supervisory board on Thursday, leaving uncertainty over additional job cuts and factory closures. The carmaker nevertheless laid out plans to reduce production capacity and simplify its model range.
Business
Can a new global defence bank unlock £100bn for rearmament?
Nine countries have thrown their weight behind a new multilateral bank designed to bankroll Western rearmament, but the notable caution of Europe's largest military and economic powers raises the question of whether it can become the answer to defence funding.
Business
Sky agrees to buy British broadcaster ITV for up to £1.6 billion
The two British media businesses are set to come under one roof, as ITV has agreed to sell its broadcasting and streaming business to Sky for up to £1.6bn (€1.87bn), in a deal that would create a major new competitor to global streaming platforms.
Business
EBRD backs Kazakhstan's move up the minerals value chain with €255m
The European Bank for Reconstruction and Development (EBRD) is financing Kazakhstan's first large-scale refractory gold ore processing facility, helping the country unlock previously inaccessible reserves while expanding domestic mineral processing.
Business
Google ordered to pay Klarna €1.7 billion over search abuse
A Swedish court has ordered Google to pay 14.3 billion Swedish kronor plus interest (€1.7bn) in damages to PriceRunner, the price-comparison service owned by fintech group Klarna, ruling that the technology giant unlawfully favoured its own shopping service for years.
Business
Trump made over €1 billion from crypto in first year back in office
US President Donald Trump earned roughly $1.2 billion (€1.05bn) from his family's cryptocurrency ventures during his first year back in the White House, according to a federal financial disclosure released on Tuesday, even as ordinary investors in the same tokens nursed heavy losses.
Business
Scandinavian Airlines bets on recovery with €8.75bn Airbus jet order
Scandinavian airline SAS has placed the biggest order in its history, agreeing to buy up to 40 Airbus widebody jets in a deal worth more than $10 billion (€8.75bn), a striking show of confidence from a carrier that emerged from bankruptcy only two years ago.
Business
What King Charles' historic tax disclosure reveals and what it hides
King Charles III has become the first reigning British monarch to make his personal tax bill public, lifting the lid on a slice of the royal finances that has stayed hidden for centuries, and confirming in the process that the sovereign ranks among the country's largest taxpayers.
Business
Defence giant KNDS unveils IPO plans as valuation could top €15bn
The Franco-German manufacturer behind the Leopard and Leclerc battle tanks, KNDS, has officially announced its plans for an IPO, listing shares in Paris and Frankfurt within weeks, capitalising on Europe's race to rebuild its military capacity.
Business
EU plans banking reform by early 2027 to unlock billions in investment
The European Commission is preparing reforms for the first quarter of 2027 aimed at breaking down barriers between national banking markets, increasing financing for businesses and strategic sectors, and reducing the bloc’s dependence on foreign banks.
Business
Death of Isak Andic: judge summons his inner circle to testify
The investigating judge has summoned as witnesses the therapist, the Mango founder's daughters, his partner, the company's chief executive and several hikers and Mossos d'Esquadra officers. She has also ordered a forensic reconstruction of the fatal fall in Montserrat.
Business
The Ray-Ban heir who wants to buy out his own family from the brand
An heir to the Ray-Ban fortune has gone public with a direct appeal to his family's holding company, urging it to support his multi-billion-euro plan to buy out two of his siblings just days before a decisive shareholder vote.
Business
From $500 to $1tn: How Elon Musk built his fortune
From a video game sold for $500 (€430) as a teenager to a business empire spanning rockets, electric vehicles, AI and brain implants, Elon Musk has spent decades building companies that have reshaped multiple industries. Here's a look at the businesses behind the world's richest man.
Business
Foreign investors help shape Tashkent's economic reforms
Recommendations submitted by international investors during meetings held alongside the Tashkent International Investment Forum will be incorporated into a government reform roadmap covering banking, energy, artificial intelligence, capital markets and corporate governance.
Business
US launches trade probe into Germany over medicine prices
Washington has accused Berlin of artificially capping medicine prices while the US market pays significantly more for identical products. If a pending trade investigation finds Germany’s policies unfair, the United States could hit back with punitive tariffs.
Business
Tashkent forum unveils 50-year tax incentives, financial centre
Nearly 4,000 participants from more than 100 countries gathered in Tashkent as government leaders, international financial institutions and global companies discussed investment opportunities, regional connectivity and industrial development.
Business
Foreign leaders, investors and businesses gather in Tashkent
German President Frank-Walter Steinmeier is expected in Tashkent as Uzbekistan hosts investors, business leaders and foreign delegations. Talks focused on European connectivity, US business engagement, AI and long-term investment.
Business
European defence spending: Poland spends larger share of GDP than US
Defence spending across European NATO is at its highest since the Cold War, with countries closest to Russia spending the most. But the continent is splitting between front-line states racing towards 5% of GDP and a large group doing the bare minimum.
Business
Germany blocks UniCredit bid for Commerzbank but the share price soars
The federal government, which holds 12% of the shares, has rejected the Italian bank’s bid for the German lender, calling it aggressive and hostile. UniCredit soars on the stock market as the Frankfurt prosecutor investigates alleged market manipulation.
Business
Rolls-Royce secures deal to build small nuclear reactors for Sweden
Rolls-Royce SMR has won a "multi-billion pound" contract to build three small modular nuclear reactors for Sweden, marking a major step in the British engineering group's ambition to become a leading supplier of the technology in Europe.
Business
Nvidia raises €21.5bn in first bond sale since 2021 on AI demand
Nvidia has returned to the corporate debt market for the first time in five years, pricing a $25 billion (€21.5bn) bond sale that drew roughly $85 billion (€73.2bn) in orders, a sign of investors' strong appetite for exposure to AI.
Business
What's the average age of first-time homebuyers across Europe?
Fewer than seven in ten EU households live in owner-occupied homes. Euronews Business takes a closer look at the age at which Europeans buy their first home, which varies widely across the continent, based on exclusive data provided by RE/MAX.
Business
Data Centre Valley: Firebird & Kazakhstan sign €8.6B in AI agreements
Kazakhstan has signed agreements worth €8.6 billion with AI infrastructure company Firebird, backed by support from chipmaker NVIDIA, as part of its plans to develop what could become Central Asia’s largest data centre hub.
Business
€75bn investment pipeline takes centre stage at TIIF 2026
Bringing together policymakers, investors and business leaders from more than 100 countries, this year's Tashkent International Investment Forum explores investment opportunities and regional cooperation across Central Asia. Discussions are set to focus on infrastructure, energy, critical minerals,
Business
Trump envoy tells Tokayev he has a ‘friend in the White House’ amid US minerals push
The United States and Central Asian countries are seeking to advance investment projects in critical minerals as Washington looks to diversify supply chains for materials considered essential to national security and reduce dependence on China, which dominates much of the global market.
Business
Google rents SpaceX/AI supercomputers for $920M a month
Google has signed a $30 billion deal to lease computing power from SpaceX, paying $920 million per month through June 2029. The move came after SpaceX acquired xAI in February 2026, gaining massive data centres. The deal precedes SpaceX’s highly anticipated IPO next week.
Business
Pay transparency: Which EU countries are ready for the new rules?
Millions of Europeans still apply for jobs without knowing how much they pay. New EU rules aimed at boosting salary transparency and tackling the gender pay gap were due to take effect by 7 June, but most member states are set to miss the deadline.
Business
Global steel crisis deepens as oversupply grows, OECD warns
The global steel industry is facing a growing crisis as subsidised production and excess capacity continue to distort markets, according to the OECD. It says state-backed steel production, particularly in China, is increasing pressure on producers in Europe and other OECD economies.
Business
SpaceX targets biggest IPO in history with $1.75tn valuation
The company said on Wednesday that it plans to list its shares at $135 each. The offering would value SpaceX at around $1.77tn (€1.56tn), making it one of the world's most valuable listed companies and potentially the largest IPO in history.
Business
SOCAR, TotalEnergies and ADNOC lock in Caspian gas supply deal
Azerbaijan's SOCAR signed a long-term deal with TotalEnergies, ADNOC's investment arm XRG and Turkey's BOTAŞ to export gas from the Absheron offshore field from 2029, bolstering the Southern Gas Corridor that Europe has increasingly relied on in recent years.
Business
Which European countries attract the most foreign investment?
Foreign investment is widely seen as a key driver of economic growth, innovation and job creation. But which countries are winning the race for international investors, and how is Europe's position changing in an increasingly competitive global market?
Business
EU Commission to criticise Italy for weak industrial strategy
The Commission will criticise Italy’s lack of robust industrial plans and calls for measures to incentivise investment in capital markets as well as reform of tax system, in country-specific recommendations to be published tomorrow.
Business
Alphabet launches €68bn fundraising drive to accelerate AI expansion
Google's parent company Alphabet is raising $80 billion (€68.7bn) through a series of share offerings, marking one of the largest equity fundraising efforts in corporate history as competition in AI development intensifies.
Business
AI and energy security drive investment focus at Baku Energy Week 2026
Baku Energy Week 2026 showcased how AI, digitalisation and regional gas diplomacy are reshaping the global energy sector, as companies and officials increasingly focus on competitiveness, energy security and cleaner technologies.
Business
Kazakhstan targets €45bn in non-commodity exports as global export ins
Kazakhstan plans to increase non-commodity exports by more than a quarter to nearly €45 billion by 2030, as global export credit agencies and investment insurers expand their presence in the country to back major infrastructure and industrial projects.
Business
EasyJet shares rally as Castlelake weighs possible takeover offer
The budget airline's stock rose more than 12% after Castlelake said it was considering a possible offer. Prior to the rally, easyJet shares had fallen by around 23% over the past year against a backdrop of higher fuel costs and uncertainty linked to tensions in the Middle East.
Business
SoftBank to invest €75bn in France to help expand its AI sector
The project is SoftBank Group's largest AI infrastructure investment in Europe. Once completed, its planned 5 GW capacity would make it Europe's largest data centre project as the region seeks to expand AI infrastructure and compete with the US and Asia.
Business
Anthropic becomes the world's top AI start-up with $1tr valuation
Artificial intelligence company Anthropic raised $65 billion in private funding, boosting its valuation to $965 billion and overtaking OpenAI's last reported valuation of $730 billion as the two firms compete for dominance in the AI sector.
Business
Airbus and BMW partner with Mistral AI in Europe tech push
As European companies look for alternatives to US tech giants in the race for artificial intelligence, Airbus and BMW have both partnered with French startup Mistral AI to develop systems ranging from flight safety and defence technology to car crash simulations.
Business
FIFA faces US probe over World Cup ticket pricing ahead of the event
The attorneys general of New York and New Jersey have issued subpoenas to FIFA as part of a formal investigation into allegedly deceptive ticketing practices ahead of the 2026 World Cup, with fans reporting sky-high prices.
