http://www.euronews.com en Latest news from Euronews Euronews 2026 Fri, 08 May 2026 12:11:34 +0200 Fri, 08 May 2026 12:11:34 +0200 30 https://static.euronews.com/website/images/euronews_flatblue.png http://www.euronews.com http://www.euronews.com/business/2026/05/08/oil-tanker-arrives-in-south-korea-after-leaving-the-strait-of-hormuz http://www.euronews.com/business/2026/05/08/oil-tanker-arrives-in-south-korea-after-leaving-the-strait-of-hormuz Fri, 08 May 2026 12:11:22 +0200 A Malta-flagged tanker, carrying one million barrels of crude oil, has successfully reached the western coast of South Korea after passing through the Strait of Hormuz in mid-April. http://www.euronews.com/business/2026/05/08/gold-vs-oil-which-offers-better-protection-from-rising-prices-during-the-iran-war http://www.euronews.com/business/2026/05/08/gold-vs-oil-which-offers-better-protection-from-rising-prices-during-the-iran-war Fri, 08 May 2026 07:00:28 +0200 Conventional wisdom holds that gold protects investors during war and inflation. The Iran conflict has turned that assumption on its head. Since the outbreak of the war, Brent crude has rallied 37%, while gold has fallen 10%. The driving force is interest rates, not geopolitics. http://www.euronews.com/business/2026/05/07/economic-growth-in-the-pacific-could-slow-as-energy-disruptions-spread-adb-warns http://www.euronews.com/business/2026/05/07/economic-growth-in-the-pacific-could-slow-as-energy-disruptions-spread-adb-warns Thu, 07 May 2026 14:51:41 +0200 Rising fuel and fertiliser import costs are placing growing pressure on economies across Asia and the Pacific, especially small island states that rely heavily on imports. The Asian Development Bank (ADB) says governments are accelerating energy transition and resilience measures in response. http://www.euronews.com/business/2026/05/07/europes-ultra-rich-club-grew-by-26-in-five-years-led-by-germany http://www.euronews.com/business/2026/05/07/europes-ultra-rich-club-grew-by-26-in-five-years-led-by-germany Thu, 07 May 2026 10:10:58 +0200 The number of people with at least $30 million (€25.7m) in wealth is growing across Europe. Germany has by far the most ultra-rich, and continues to add more. http://www.euronews.com/business/2026/05/05/asian-development-bank-announces-65bn-regional-investment-plan-across-asia http://www.euronews.com/business/2026/05/05/asian-development-bank-announces-65bn-regional-investment-plan-across-asia Tue, 05 May 2026 19:25:50 +0200 At its annual meeting in Samarkand, the Bank outlined a programme focused on cross-border energy and digital infrastructure. http://www.euronews.com/business/2026/05/04/shipping-giant-msc-opens-new-trade-route-to-bypass-hormuz-disruption http://www.euronews.com/business/2026/05/04/shipping-giant-msc-opens-new-trade-route-to-bypass-hormuz-disruption Mon, 04 May 2026 12:41:25 +0200 As tensions choke the Strait of Hormuz, Mediterranean Shipping Company races to keep global trade moving with new route. http://www.euronews.com/business/2026/05/04/irish-economic-miracle-explained-why-all-that-glitter-isnt-gold http://www.euronews.com/business/2026/05/04/irish-economic-miracle-explained-why-all-that-glitter-isnt-gold Mon, 04 May 2026 08:06:18 +0200 Ireland's GDP soared 12.3% in 2025 — but it was a mirage. Pharma multinationals front-loaded €25.4bn of exports to the US in March alone, ahead of Trump's tariffs. Now the first quarter of 2026 sees a contraction. http://www.euronews.com/business/2026/05/01/fertiliser-crisis-caused-by-iran-war-sparks-global-food-security-fears http://www.euronews.com/business/2026/05/01/fertiliser-crisis-caused-by-iran-war-sparks-global-food-security-fears Fri, 01 May 2026 12:48:19 +0200 The Iran war and the consequent blockade of the Strait of Hormuz has triggered a severe "fertiliser squeeze" as soaring energy costs and export disruptions push farmers' affordability to a four-year low. http://www.euronews.com/business/2026/04/30/ecb-holds-rates-at-2-as-inflation-rises-and-eurozone-growth-slows http://www.euronews.com/business/2026/04/30/ecb-holds-rates-at-2-as-inflation-rises-and-eurozone-growth-slows Thu, 30 Apr 2026 14:21:26 +0200 The European Central Bank has held interest rates at 2% for a third straight meeting, even as inflation rises and growth slows across the eurozone. http://www.euronews.com/business/2026/04/30/eurozone-inflation-hits-3-as-oil-prices-spike-and-economic-growth-slows http://www.euronews.com/business/2026/04/30/eurozone-inflation-hits-3-as-oil-prices-spike-and-economic-growth-slows Thu, 30 Apr 2026 12:06:20 +0200 Soaring oil prices linked to the Iran war pushed inflation higher in the euro area in April, while growth continued to underperform — a worrying combination for both consumers and policymakers at the European Central Bank. http://www.euronews.com/business/2026/04/30/french-growth-stalls-as-iran-war-energy-shock-hits-economy http://www.euronews.com/business/2026/04/30/french-growth-stalls-as-iran-war-energy-shock-hits-economy Thu, 30 Apr 2026 10:45:53 +0200 France's first-quarter data shows slowed growth, rising prices and collapsing exports, laying bare how quickly the Iran war's energy shock is feeding through to Europe's second-largest economy. http://www.euronews.com/business/2026/04/30/europes-tax-divide-why-germany-and-france-tax-labour-far-more-than-the-uk http://www.euronews.com/business/2026/04/30/europes-tax-divide-why-germany-and-france-tax-labour-far-more-than-the-uk Thu, 30 Apr 2026 07:00:22 +0200 Across Europe, the share of labour costs taken in tax and social contributions varies sharply. The UK is among the lowest, but the headline figure masks wider differences in how work is taxed across the continent. http://www.euronews.com/business/2026/04/29/us-federal-reserve-holds-rates-as-jerome-powell-signals-he-will-stay-on http://www.euronews.com/business/2026/04/29/us-federal-reserve-holds-rates-as-jerome-powell-signals-he-will-stay-on Wed, 29 Apr 2026 22:20:37 +0200 A divided US Federal Reserve has held interest rates steady for a third consecutive meeting, as policymakers grapple with heightened uncertainty linked to the war in the Middle East. The decision is expected to be the last overseen by Chair Jerome Powell. http://www.euronews.com/business/2026/04/29/energy-prices-push-up-inflation-in-germany-and-spain-ahead-of-ecb-decision http://www.euronews.com/business/2026/04/29/energy-prices-push-up-inflation-in-germany-and-spain-ahead-of-ecb-decision Wed, 29 Apr 2026 17:35:01 +0200 Inflation rose in both Germany and Spain in April, driven mainly by higher energy costs linked to global geopolitical tensions, keeping eurozone price growth above the European Central Bank’s 2% target. http://www.euronews.com/business/2026/04/29/qatar-rolls-out-business-relief-measures-amid-iran-war-and-regional-crisis http://www.euronews.com/business/2026/04/29/qatar-rolls-out-business-relief-measures-amid-iran-war-and-regional-crisis Wed, 29 Apr 2026 07:12:26 +0200 Qatar has introduced new measures to maintain market stability and reinforce investor confidence as regional tensions weigh on economic sentiment. http://www.euronews.com/business/2026/04/29/how-ai-is-forcing-central-banks-to-rethink-inflation-and-rates http://www.euronews.com/business/2026/04/29/how-ai-is-forcing-central-banks-to-rethink-inflation-and-rates Wed, 29 Apr 2026 07:00:21 +0200 Central banks are racing to understand how AI is reshaping inflation — and they do not all agree on the answer. http://www.euronews.com/business/2026/04/28/finland-becomes-first-in-europe-to-run-full-lithium-mine-to-refinery-cycle http://www.euronews.com/business/2026/04/28/finland-becomes-first-in-europe-to-run-full-lithium-mine-to-refinery-cycle Tue, 28 Apr 2026 18:15:06 +0200 Europe’s first complete lithium mine begins operating in Syväjärvi in western Finland. The strategic resource is critical for manufacturing modern electronics. http://www.euronews.com/business/2026/04/28/iran-war-will-trigger-largest-energy-price-surge-since-2022-world-bank-warns http://www.euronews.com/business/2026/04/28/iran-war-will-trigger-largest-energy-price-surge-since-2022-world-bank-warns Tue, 28 Apr 2026 15:48:59 +0200 The World Bank’s latest Commodity Markets Outlook report predicts a 24% surge in energy prices this year as the Iran war delivers a historic shock to global supply chains. http://www.euronews.com/business/2026/04/26/europe-fuel-prices-before-the-iran-war-and-after-the-ceasefire-where-did-they-rise-most http://www.euronews.com/business/2026/04/26/europe-fuel-prices-before-the-iran-war-and-after-the-ceasefire-where-did-they-rise-most Sun, 26 Apr 2026 07:00:58 +0200 Fuel prices in Europe rose rapidly following the US–Israel strike on Iran and peaked shortly afterwards. While prices declined moderately after the ceasefire, both diesel and petrol remain notably higher than pre-strike levels. http://www.euronews.com/business/2026/04/25/europes-wage-growth-since-2020-are-europeans-better-off http://www.euronews.com/business/2026/04/25/europes-wage-growth-since-2020-are-europeans-better-off Sat, 25 Apr 2026 07:00:34 +0200 Taking into account nominal growth and inflation, real hourly wages declined by 3% in the EU over the past five years. Wage growth was stronger in non-euro area countries and in those with lower wage levels. http://www.euronews.com/business/2026/04/24/ecb-interest-rate-dilemma-eurozone-growth-stalls-as-iran-war-fuels-inflation http://www.euronews.com/business/2026/04/24/ecb-interest-rate-dilemma-eurozone-growth-stalls-as-iran-war-fuels-inflation Fri, 24 Apr 2026 15:35:25 +0200 The European Central Bank faces heightened uncertainty ahead of next week’s rate decision, with President Christine Lagarde warning the "stop-start nature" of the Iran war is making the economic outlook harder to assess. http://www.euronews.com/business/2026/04/23/iran-war-effects-on-europe-is-a-recession-already-unfolding http://www.euronews.com/business/2026/04/23/iran-war-effects-on-europe-is-a-recession-already-unfolding Thu, 23 Apr 2026 13:36:29 +0200 The eurozone’s private sector slipped back into contraction in April, marking its weakest performance in nearly a year and a half since November 2024, as the war in Iran hit services and fuelled inflation. http://www.euronews.com/business/2026/04/23/richest-countries-in-2026-new-measure-of-wealth-pushes-france-and-germany-out-of-top-ten http://www.euronews.com/business/2026/04/23/richest-countries-in-2026-new-measure-of-wealth-pushes-france-and-germany-out-of-top-ten Thu, 23 Apr 2026 08:27:51 +0200 Measures of “richest countries” can be misleading. A new prosperity index — looking at income, GDP and how wealth translates into quality of life, social cohesion and long-term development — does not place the US, Germany, or France in the top ten. http://www.euronews.com/business/2026/04/22/germany-halves-gdp-forecast-from-1-to-05-due-to-iran-war-fallout http://www.euronews.com/business/2026/04/22/germany-halves-gdp-forecast-from-1-to-05-due-to-iran-war-fallout Wed, 22 Apr 2026 16:23:31 +0200 The German government has officially halved its economic growth forecast for 2026, citing the severe impact of energy shocks stemming from the Iran war. This revision reflects a significant cooling for Europe's largest economy. http://www.euronews.com/business/2026/04/22/fed-chair-nominee-warsh-rejects-trump-sock-puppet-label-at-senate-hearing http://www.euronews.com/business/2026/04/22/fed-chair-nominee-warsh-rejects-trump-sock-puppet-label-at-senate-hearing Wed, 22 Apr 2026 13:44:23 +0200 Kevin Warsh, the nominee for Chair of the US Federal Reserve, declared he has not pledged to lower interest rates to secure his position despite public calls from US President Donald Trump for immediate monetary easing. http://www.euronews.com/business/2026/04/22/uk-inflation-hits-33-as-iran-war-drives-energy-costs-higher http://www.euronews.com/business/2026/04/22/uk-inflation-hits-33-as-iran-war-drives-energy-costs-higher Wed, 22 Apr 2026 10:40:44 +0200 British consumer prices rose at a faster pace in March, reaching 3.3% as the ongoing Iran war sent fuel prices soaring. The data has forced markets to reassess expectations for the Bank of England, with a previously anticipated interest rate cut next week now looking very unlikely. http://www.euronews.com/business/2026/04/22/spain-launches-7bn-public-housing-plan-to-tackle-soaring-rents-and-housing-crisis http://www.euronews.com/business/2026/04/22/spain-launches-7bn-public-housing-plan-to-tackle-soaring-rents-and-housing-crisis Wed, 22 Apr 2026 10:14:27 +0200 Spain's government on Tuesday approved a sweeping plan to alleviate the country's housing problem, one of Prime Minister Pedro Sánchez's main political vulnerabilities ahead of next year's elections. http://www.euronews.com/business/2026/04/21/german-business-expectations-fall-to-their-lowest-levels-since-2022 http://www.euronews.com/business/2026/04/21/german-business-expectations-fall-to-their-lowest-levels-since-2022 Tue, 21 Apr 2026 14:26:55 +0200 German business confidence dropped sharply in April, reaching its lowest point since the 2022 energy crisis. http://www.euronews.com/business/2026/04/20/businesses-start-claiming-refunds-on-trumps-unlawful-tariffs http://www.euronews.com/business/2026/04/20/businesses-start-claiming-refunds-on-trumps-unlawful-tariffs Mon, 20 Apr 2026 17:44:01 +0200 A long-awaited refund portal opened on Monday for US businesses hit by Trump's tariffs, with $127bn in eligible claims already registered. The catch? It could take months, and shoppers will see few benefits. http://www.euronews.com/business/2026/04/20/reignited-us-iran-tensions-likely-to-drive-petrol-and-diesel-prices-higher http://www.euronews.com/business/2026/04/20/reignited-us-iran-tensions-likely-to-drive-petrol-and-diesel-prices-higher Mon, 20 Apr 2026 14:09:21 +0200 As US representatives travel to Pakistan on Monday for a second round of talks with Iran, the lack of clarity over a possible deal is once again expected to place upward pressure on petrol and diesel prices. http://www.euronews.com/business/2026/04/17/rome-and-caucasus-poised-to-further-discuss-closer-energy-ties http://www.euronews.com/business/2026/04/17/rome-and-caucasus-poised-to-further-discuss-closer-energy-ties Fri, 17 Apr 2026 18:10:10 +0200 The Italian prime minister is expected to visit Azerbaijan in the coming weeks to continue political dialogue and energy cooperation between Rome and Baku, with Azerbaijani gas supplies via the Trans Adriatic Pipeline remaining a key pillar of bilateral ties. http://www.euronews.com/business/2026/04/17/oil-prices-drop-over-10-after-iran-declares-the-strait-of-hormuz-completely-open http://www.euronews.com/business/2026/04/17/oil-prices-drop-over-10-after-iran-declares-the-strait-of-hormuz-completely-open Fri, 17 Apr 2026 16:19:42 +0200 Oil prices have dropped over 10% in less than two hours after the Minister for Foreign Affairs of Iran declared the Strait of Hormuz "completely open" for the remainder of the current ceasefire with the US. http://www.euronews.com/business/2026/04/17/iran-war-energy-shock-drives-nuclear-power-plans-in-asia-and-africa http://www.euronews.com/business/2026/04/17/iran-war-energy-shock-drives-nuclear-power-plans-in-asia-and-africa Fri, 17 Apr 2026 11:30:19 +0200 The Iran war has exposed the fragility of global fossil fuel supply chains. Now dozens of countries across Asia and Africa are turning to nuclear power as their answer. http://www.euronews.com/business/2026/04/16/top-10-currencies-in-2026-include-hungarian-forint-why-theyre-beating-the-us-dollar http://www.euronews.com/business/2026/04/16/top-10-currencies-in-2026-include-hungarian-forint-why-theyre-beating-the-us-dollar Thu, 16 Apr 2026 07:00:37 +0200 A war in the Gulf, a Federal Reserve frozen in place and a hawkish turn across Europe and the Pacific: how ten currencies are pulling away from a weakening US dollar. http://www.euronews.com/business/2026/04/15/norways-crude-oil-exports-up-68-in-march-due-to-iran-war http://www.euronews.com/business/2026/04/15/norways-crude-oil-exports-up-68-in-march-due-to-iran-war Wed, 15 Apr 2026 14:53:04 +0200 Norway’s oil exports jumped significantly in March, pushing revenues to multi-year highs as disruptions from the Iran war and the closure of the Strait of Hormuz drove up prices. http://www.euronews.com/business/2026/04/15/can-hungarys-new-government-fix-an-economy-in-crisis http://www.euronews.com/business/2026/04/15/can-hungarys-new-government-fix-an-economy-in-crisis Wed, 15 Apr 2026 14:35:59 +0200 Investors are optimistic about the new government's expected economic policies, but an energy crisis and a scramble for EU funds could slow its immediate success. http://www.euronews.com/business/2026/04/15/europe-rent-surge-which-countries-saw-the-biggest-increases-in-2025 http://www.euronews.com/business/2026/04/15/europe-rent-surge-which-countries-saw-the-biggest-increases-in-2025 Wed, 15 Apr 2026 07:00:30 +0200 Rent increases reached double digits in several European countries in 2025 with Turkey a clear outlier at 78%. Experts point to demand rising faster than supply across Europe. http://www.euronews.com/business/2026/04/14/imf-drops-eurozones-economic-growth-forecast-to-11-from-14-amid-iran-war http://www.euronews.com/business/2026/04/14/imf-drops-eurozones-economic-growth-forecast-to-11-from-14-amid-iran-war Tue, 14 Apr 2026 19:54:48 +0200 The International Monetary Fund (IMF) has adjusted its growth projection for the eurozone down to 1.1% from 1.4% for 2026 as prospects for the euro area dwindle amid higher inflation and reduced momentum. http://www.euronews.com/business/2026/04/14/iea-warns-of-historic-oil-supply-shock-as-iran-war-chokes-global-markets http://www.euronews.com/business/2026/04/14/iea-warns-of-historic-oil-supply-shock-as-iran-war-chokes-global-markets Tue, 14 Apr 2026 13:21:56 +0200 The International Energy Agency (IEA) has warned of an unprecedented energy shock, with global oil production plunging by over 10 million barrels per day in March, as diplomatic efforts between Washington and Tehran fail. http://www.euronews.com/business/2026/04/14/the-largest-energy-security-threat-in-history-is-about-push-oil-prices-further-up-iea-warn http://www.euronews.com/business/2026/04/14/the-largest-energy-security-threat-in-history-is-about-push-oil-prices-further-up-iea-warn Tue, 14 Apr 2026 09:10:23 +0200 No new energy shipments have been loaded in April, signalling a worsening disruption that could intensify the global energy and economic impact, IEA Executive Director Fatih Birol said on Monday. http://www.euronews.com/business/2026/04/13/germany-cuts-fuel-tax-as-oil-prices-surge-on-iran-blockade http://www.euronews.com/business/2026/04/13/germany-cuts-fuel-tax-as-oil-prices-surge-on-iran-blockade Mon, 13 Apr 2026 13:19:39 +0200 Following tense exchanges between Economics Minister Reiche and Finance Minister Lars Klingbeil, the government held talks over the weekend. Will the coalition succeed in easing the burden on citizens, or will it collapse? http://www.euronews.com/business/2026/04/12/eus-largest-economies-vs-top-us-states-how-do-they-compare-in-gdp http://www.euronews.com/business/2026/04/12/eus-largest-economies-vs-top-us-states-how-do-they-compare-in-gdp Sun, 12 Apr 2026 07:00:23 +0200 Top EU countries and US states appear one after the other in economic size rankings. However, US states surpass the top EU economies in GDP per capita, both in nominal terms and purchasing power. http://www.euronews.com/business/2026/04/10/airport-council-warns-hormuz-closure-poses-major-fuel-shortage-risks http://www.euronews.com/business/2026/04/10/airport-council-warns-hormuz-closure-poses-major-fuel-shortage-risks Fri, 10 Apr 2026 22:24:32 +0200 In a letter to the EU, the Airports Council International warned that if Hormuz does not reopen within three weeks, paraffin shortages in Europe will be critical. http://www.euronews.com/business/2026/04/10/us-inflation-surges-to-33-as-iran-war-fuels-energy-price-shock http://www.euronews.com/business/2026/04/10/us-inflation-surges-to-33-as-iran-war-fuels-energy-price-shock Fri, 10 Apr 2026 15:06:30 +0200 US consumer prices rose sharply in March, with headline inflation climbing to 3.3% year-on-year as energy costs spiked in the wake of the Iran war, official data showed on Friday. http://www.euronews.com/business/2026/04/10/petrol-and-diesel-in-europe-where-are-prices-highest-and-lowest http://www.euronews.com/business/2026/04/10/petrol-and-diesel-in-europe-where-are-prices-highest-and-lowest Fri, 10 Apr 2026 07:00:49 +0200 Petrol and diesel prices have risen significantly across Europe since the escalation of the Middle East crisis. Euronews Business takes a closer look at the latest fuel prices. http://www.euronews.com/business/2026/04/09/could-billions-in-frozen-iranian-assets-help-the-us-unlock-a-deal http://www.euronews.com/business/2026/04/09/could-billions-in-frozen-iranian-assets-help-the-us-unlock-a-deal Thu, 09 Apr 2026 15:18:17 +0200 Ahead of US-Iran negotiations in Islamabad on Friday, a top demand from Tehran will likely be the unlocking of its frozen assets abroad. Trump will have to consider handing back the fortune he once locked away. http://www.euronews.com/business/2026/04/09/why-oil-and-gas-prices-could-stay-high-in-europe-even-if-the-iran-war-ends http://www.euronews.com/business/2026/04/09/why-oil-and-gas-prices-could-stay-high-in-europe-even-if-the-iran-war-ends Thu, 09 Apr 2026 08:22:21 +0200 Energy prices in Europe could stay high for a while, even though the region doesn’t rely heavily on the Strait of Hormuz. Here’s what’s behind it. http://www.euronews.com/business/2026/04/08/shipping-companies-see-opportunities-but-seek-clarity-on-strait-of-hormuz-reopening http://www.euronews.com/business/2026/04/08/shipping-companies-see-opportunities-but-seek-clarity-on-strait-of-hormuz-reopening Wed, 08 Apr 2026 12:21:40 +0200 Major shipping lines express cautious optimism over transit opportunities in the Strait of Hormuz after the US-Iran ceasefire was announced, but stress the urgent need for full clarity before any vessels move. http://www.euronews.com/business/2026/04/07/japan-enacts-largest-state-budget-in-history-worth-664-billion http://www.euronews.com/business/2026/04/07/japan-enacts-largest-state-budget-in-history-worth-664-billion Tue, 07 Apr 2026 13:34:51 +0200 The upper house of the Japanese parliament has enacted a state budget of ¥122.3 trillion (€664bn), the largest allocation in the country's history. The move reflects PM Takaichi's goal of an expansionary fiscal policy. http://www.euronews.com/business/2026/04/07/will-the-us-fed-raise-interest-rates-to-fight-iran-war-inflation http://www.euronews.com/business/2026/04/07/will-the-us-fed-raise-interest-rates-to-fight-iran-war-inflation Tue, 07 Apr 2026 12:36:55 +0200 The US Federal Reserve is weighing whether to raise interest rates for the first time in years as the Iran war drives up fuel costs and pushes inflation further above target.