http://www.euronews.com en Latest news from Euronews Euronews 2026 Fri, 10 Jul 2026 15:50:48 +0200 Fri, 10 Jul 2026 15:50:48 +0200 30 https://static.euronews.com/website/images/euronews_flatblue.png http://www.euronews.com http://www.euronews.com/business/2026/07/10/apollo-hijacks-easyjet-takeover-with-57bn-bid-trumping-castlelake http://www.euronews.com/business/2026/07/10/apollo-hijacks-easyjet-takeover-with-57bn-bid-trumping-castlelake Fri, 10 Jul 2026 10:56:36 +0200 The budget airline easyJet has swung behind a £5.7 billion (€6.6bn) takeover proposal from the US private equity giant Apollo, abandoning its support for a rival American bidder days after agreeing to that offer. http://www.euronews.com/business/2026/07/10/volkswagen-unveils-four-year-plan-as-questions-remain-over-jobs-and-plants http://www.euronews.com/business/2026/07/10/volkswagen-unveils-four-year-plan-as-questions-remain-over-jobs-and-plants Fri, 10 Jul 2026 09:35:21 +0200 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. http://www.euronews.com/business/2026/07/10/france-adds-a-new-millionaire-every-15-minutes-how-does-europe-compare http://www.euronews.com/business/2026/07/10/france-adds-a-new-millionaire-every-15-minutes-how-does-europe-compare Fri, 10 Jul 2026 07:05:24 +0200 Eastern Europe recorded the fastest growth in dollar millionaires in percentage terms, while the UK, France and Spain ranked just behind the US in the number of new millionaires added. http://www.euronews.com/my-europe/2026/07/09/digital-euro-will-not-replace-cash-lagarde-tells-euronews-as-negotiations-advance http://www.euronews.com/my-europe/2026/07/09/digital-euro-will-not-replace-cash-lagarde-tells-euronews-as-negotiations-advance Thu, 09 Jul 2026 20:03:25 +0200 European Central Bank President Christine Lagarde rejected claims in an exclusive interview with Euronews that the digital euro is designed to replace cash or allow the central bank to monitor payments, as the legislation entered a new phase following months of talks in the European Parliament. http://www.euronews.com/business/2026/07/09/national-court-opens-trial-against-bbva-and-former-chairman-over-villarejo-case http://www.euronews.com/business/2026/07/09/national-court-opens-trial-against-bbva-and-former-chairman-over-villarejo-case Thu, 09 Jul 2026 18:30:50 +0200 BBVA was placed under investigation in July 2019 for allegedly hiring a private investigation agency to spy on politicians, journalists and business figures. http://www.euronews.com/my-europe/2026/07/09/growing-momentum-for-eu-joint-borrowing-cuerpo-tells-euronews http://www.euronews.com/my-europe/2026/07/09/growing-momentum-for-eu-joint-borrowing-cuerpo-tells-euronews Thu, 09 Jul 2026 17:52:20 +0200 Spanish Finance Minister Carlos Cuerpo used finance ministers' meetings in Brussels to promote his €850 billion proposal for joint EU borrowing, arguing that the timing is right as Europe seeks to develop new safe assets in response to growing geopolitical uncertainty. http://www.euronews.com/my-europe/2026/07/09/eu-to-probe-chinese-pekin-duck-imports-as-market-flooding-row-hots-up http://www.euronews.com/my-europe/2026/07/09/eu-to-probe-chinese-pekin-duck-imports-as-market-flooding-row-hots-up Thu, 09 Jul 2026 17:14:59 +0200 Trade negotiations launched last week between Brussels and Beijing could be disrupted by an EU investigation into Chinese Pekin duck producers, following a complaint by EU farmers that cheap imports of Chinese poultry are harming their industry. http://www.euronews.com/business/2026/07/09/volkswagen-risks-major-conflict-with-staff-over-cost-cutting-drive-union-warns http://www.euronews.com/business/2026/07/09/volkswagen-risks-major-conflict-with-staff-over-cost-cutting-drive-union-warns Thu, 09 Jul 2026 16:08:35 +0200 Chief Executive Oliver Blume is considering cutting 100,000 jobs worldwide, around 16% of Volkswagen's global workforce, and closing three Volkswagen plants in Germany as well as one Audi factory, http://www.euronews.com/business/2026/07/09/sk-hynix-from-near-collapse-to-a-1-trillion-valuation-and-a-nasdaq-listing http://www.euronews.com/business/2026/07/09/sk-hynix-from-near-collapse-to-a-1-trillion-valuation-and-a-nasdaq-listing Thu, 09 Jul 2026 15:55:37 +0200 SK hynix, the South Korean chipmaker whose memory chips power AI data centres around the world, lists on the Nasdaq this week in one of the largest share sales in history, capping a journey from near-bankruptcy to a trillion-dollar valuation. http://www.euronews.com/business/2026/07/09/a-world-bank-for-defence-the-lender-that-europes-big-powers-have-yet-to-join http://www.euronews.com/business/2026/07/09/a-world-bank-for-defence-the-lender-that-europes-big-powers-have-yet-to-join Thu, 09 Jul 2026 15:07:25 +0200 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. http://www.euronews.com/my-europe/2026/07/09/commission-to-tighten-access-to-eu-market-as-foreign-interference-concerns-rise http://www.euronews.com/my-europe/2026/07/09/commission-to-tighten-access-to-eu-market-as-foreign-interference-concerns-rise Thu, 09 Jul 2026 13:31:26 +0200 A draft document shows that the EU wants to allow the exclusion of foreign companies that pose security risks from its public procurement market, with particular worries about data transfers and weaponisation of the bloc's dependencies on tech and minerals. http://www.euronews.com/business/2026/07/09/digital-euro-enters-final-round-of-eu-negotiations http://www.euronews.com/business/2026/07/09/digital-euro-enters-final-round-of-eu-negotiations Thu, 09 Jul 2026 12:35:01 +0200 The European Parliament and EU governments are entering the final phase of negotiations on the digital euro. The most sensitive issues include how fees will be shared and how banks and payment providers will be compensated. http://www.euronews.com/business/2026/07/09/volkswagen-faces-crunch-talks-over-100000-job-cuts-and-factory-closures http://www.euronews.com/business/2026/07/09/volkswagen-faces-crunch-talks-over-100000-job-cuts-and-factory-closures Thu, 09 Jul 2026 12:22:01 +0200 German auto giant Volkswagen's management meets Thursday to discuss plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest any mass job cuts. http://www.euronews.com/business/2026/07/09/cerebras-targets-europe-with-multibillion-dollar-ai-expansion-challenging-nvidia http://www.euronews.com/business/2026/07/09/cerebras-targets-europe-with-multibillion-dollar-ai-expansion-challenging-nvidia Thu, 09 Jul 2026 11:45:38 +0200 American AI chip startup Cerebras accelerates its European expansion with 200MW of AI compute capacity by the end of 2027, challenging sector behemoth Nvidia as it highlights "extraordinary" demand across the continent. http://www.euronews.com/my-europe/2026/07/08/exclusive-eu-to-revise-crypto-rules-in-2027-amid-trumps-push-for-digital-assets http://www.euronews.com/my-europe/2026/07/08/exclusive-eu-to-revise-crypto-rules-in-2027-amid-trumps-push-for-digital-assets Wed, 08 Jul 2026 16:04:09 +0200 The European Union is set to revise its Markets in Crypto-Assets Regulation (MiCA) to cover non-EU issuers and broaden its scope, as US President Donald Trump's support for stablecoins prompts new regulatory questions. http://www.euronews.com/business/2026/07/08/premier-league-clubs-pre-tax-losses-surged-more-than-600-in-a-single-season http://www.euronews.com/business/2026/07/08/premier-league-clubs-pre-tax-losses-surged-more-than-600-in-a-single-season Wed, 08 Jul 2026 14:46:22 +0200 English top-flight football clubs saw their combined pre-tax losses balloon from £135 million (€158mn) to £948 million (€1.1bn) in the 2024/25 season, even as their revenues climbed to a record high. http://www.euronews.com/my-europe/2026/07/08/spain-pitches-850bn-per-year-in-common-eu-borrowing http://www.euronews.com/my-europe/2026/07/08/spain-pitches-850bn-per-year-in-common-eu-borrowing Wed, 08 Jul 2026 10:58:22 +0200 Spanish Economy Minister Carlos Cuerpo will pitch a new common debt mechanism ahead of a meeting of euro-area finance ministers in Brussels on Thursday. http://www.euronews.com/business/2026/07/08/billions-behind-the-push-for-higher-value-food-and-metal-exports http://www.euronews.com/business/2026/07/08/billions-behind-the-push-for-higher-value-food-and-metal-exports Wed, 08 Jul 2026 06:00:36 +0200 Uzbekistan wants to earn more from what it already produces. Food processing, steel, copper and technological metals are central to the country’s export strategy. http://www.euronews.com/business/2026/07/07/morocco-multiplies-its-olive-oil-sales-in-spain-by-100-is-it-taking-over-the-market http://www.euronews.com/business/2026/07/07/morocco-multiplies-its-olive-oil-sales-in-spain-by-100-is-it-taking-over-the-market Tue, 07 Jul 2026 17:29:02 +0200 Imports of Moroccan olive oil have surged 9,979% in a year, according to DataComex. The figure is real but starts from just 103 tonnes and its share in Spain remains small. http://www.euronews.com/business/2026/07/07/ecb-tells-europes-biggest-banks-to-prepare-for-ai-powered-cyber-threats http://www.euronews.com/business/2026/07/07/ecb-tells-europes-biggest-banks-to-prepare-for-ai-powered-cyber-threats Tue, 07 Jul 2026 15:54:13 +0200 The European Central Bank has given the eurozone's largest lenders until the end of October to explain how they will strengthen their cyber defences against increasingly capable AI systems. http://www.euronews.com/business/2026/07/07/samsung-loses-over-100bn-in-market-value-despite-record-ai-driven-profit http://www.euronews.com/business/2026/07/07/samsung-loses-over-100bn-in-market-value-despite-record-ai-driven-profit Tue, 07 Jul 2026 11:28:00 +0200 Samsung Electronics has forecast a nineteen-fold leap in quarterly profit, its third record quarter in a row, yet investors responded by wiping more than $100 billion (€87.5bn) off the company's value amid doubts over how long the AI-driven memory boom can last. http://www.euronews.com/business/2026/07/06/microsoft-cuts-4800-jobs-mostly-at-xbox http://www.euronews.com/business/2026/07/06/microsoft-cuts-4800-jobs-mostly-at-xbox Mon, 06 Jul 2026 18:16:27 +0200 About 3,200 gaming jobs are set to be cut at Xbox over the coming fiscal year. http://www.euronews.com/business/2026/07/06/sky-agrees-to-buy-british-broadcaster-itv-for-up-to-16-billion http://www.euronews.com/business/2026/07/06/sky-agrees-to-buy-british-broadcaster-itv-for-up-to-16-billion Mon, 06 Jul 2026 14:54:19 +0200 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. http://www.euronews.com/business/2026/07/06/south-korea-to-funnel-ai-chip-tax-windfall-into-public-investment-housing-and-jobs http://www.euronews.com/business/2026/07/06/south-korea-to-funnel-ai-chip-tax-windfall-into-public-investment-housing-and-jobs Mon, 06 Jul 2026 11:38:12 +0200 South Korea plans to channel a surge in tax revenue from its booming AI chipmakers into a new state fund, backing everything from semiconductor infrastructure to housing and jobs for young people. http://www.euronews.com/business/2026/07/06/easyjet-shares-jump-10-as-board-backs-castlelake-takeover-proposal http://www.euronews.com/business/2026/07/06/easyjet-shares-jump-10-as-board-backs-castlelake-takeover-proposal Mon, 06 Jul 2026 11:00:24 +0200 The budget airline said it has reached ‘an agreement in principle’ with US investment firm Castlelake. http://www.euronews.com/business/2026/07/03/ebrd-backs-kazakhstans-move-up-the-minerals-value-chain-with-255m-loan http://www.euronews.com/business/2026/07/03/ebrd-backs-kazakhstans-move-up-the-minerals-value-chain-with-255m-loan Fri, 03 Jul 2026 19:17:46 +0200 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. http://www.euronews.com/my-europe/2026/07/03/lagarde-mulls-leaving-ecb-early-to-play-a-role-in-french-elections http://www.euronews.com/my-europe/2026/07/03/lagarde-mulls-leaving-ecb-early-to-play-a-role-in-french-elections Fri, 03 Jul 2026 14:52:11 +0200 European Central Bank President Christine Lagarde said she is considering the possibility of taking part in the upcoming French elections, a move that could result in her stepping down from her post earlier than planned. http://www.euronews.com/my-europe/2026/07/03/october-deadline-for-china-talks-not-realistic-at-all-chief-trade-mep-says http://www.euronews.com/my-europe/2026/07/03/october-deadline-for-china-talks-not-realistic-at-all-chief-trade-mep-says Fri, 03 Jul 2026 13:16:24 +0200 Bernd Lange, head of the European Parliament's trade committee, told Euronews the EU should be pushing China hard on unfair industrial subsidies and other pressing issues. http://www.euronews.com/business/2026/07/03/central-asias-power-expansion-becomes-a-major-investment-test http://www.euronews.com/business/2026/07/03/central-asias-power-expansion-becomes-a-major-investment-test Fri, 03 Jul 2026 07:00:51 +0200 In Uzbekistan, EBRD-backed solar and battery projects are helping finance rising electricity demand. Grid upgrades and a first nuclear plant are also reshaping the country's future energy mix. http://www.euronews.com/my-europe/2026/07/02/eu-institutions-pile-on-pressure-for-ambitious-budget-with-new-resources http://www.euronews.com/my-europe/2026/07/02/eu-institutions-pile-on-pressure-for-ambitious-budget-with-new-resources Thu, 02 Jul 2026 17:55:34 +0200 As member states negotiate a €2 trillion long-term budget, the European Commission is advocating for tangible proposals on new revenues, known as "own resources". http://www.euronews.com/business/2026/07/02/cma-cgm-deploys-worlds-largest-lng-powered-container-ship-on-asia-europe-route http://www.euronews.com/business/2026/07/02/cma-cgm-deploys-worlds-largest-lng-powered-container-ship-on-asia-europe-route Thu, 02 Jul 2026 17:44:04 +0200 Europe is investing in ever larger, cleaner container ships at a time when maritime sovereignty and supply-chain resilience have become strategic priorities. http://www.euronews.com/my-europe/2026/07/02/eu-car-industry-clashes-over-strategy-to-fight-chinese-competitors http://www.euronews.com/my-europe/2026/07/02/eu-car-industry-clashes-over-strategy-to-fight-chinese-competitors Thu, 02 Jul 2026 15:24:25 +0200 With thousands of jobs are at stake, EU car suppliers and manufacturers disagree over the local content requirement set by the European Commission in its Made in Europe bill. http://www.euronews.com/business/2026/07/02/us-job-growth-plummets-as-eurozone-unemployment-holds-at-record-low http://www.euronews.com/business/2026/07/02/us-job-growth-plummets-as-eurozone-unemployment-holds-at-record-low Thu, 02 Jul 2026 15:06:05 +0200 New labour market data highlights a growing transatlantic divide, with US payroll additions slowing drastically, while the Eurozone unemployment rate remains anchored at an all-time low. http://www.euronews.com/next/2026/07/02/openai-offers-the-us-government-a-5-ownership-stake http://www.euronews.com/next/2026/07/02/openai-offers-the-us-government-a-5-ownership-stake Thu, 02 Jul 2026 14:06:55 +0200 Sam Altman reportedly wants to hand the US government a stake in OpenAI worth tens of billions, and he wants Silicon Valley's other giants to do the same. http://www.euronews.com/my-europe/2026/07/02/eu-budget-commissioner-piotr-serafin-criticises-frugals-over-proposed-long-term-budget-cut http://www.euronews.com/my-europe/2026/07/02/eu-budget-commissioner-piotr-serafin-criticises-frugals-over-proposed-long-term-budget-cut Thu, 02 Jul 2026 10:23:01 +0200 The so-called "frugal" member states are asking a significant reduction in spending ahead of the EU's upcoming 2028-2034 budget. http://www.euronews.com/business/2026/07/02/spain-jobless-total-falls-below-23-million-for-first-time-since-january-2008 http://www.euronews.com/business/2026/07/02/spain-jobless-total-falls-below-23-million-for-first-time-since-january-2008 Thu, 02 Jul 2026 09:28:30 +0200 The State Public Employment Service recorded 2,291,982 jobseekers in June, 28,739 fewer than in May, dropping below 2.3 million for the first time since January 2008. Social Security membership also hit a record high. http://www.euronews.com/business/2026/07/01/us-federal-reserve-expected-to-decide-on-rate-hike-in-four-weeks-warsh-says http://www.euronews.com/business/2026/07/01/us-federal-reserve-expected-to-decide-on-rate-hike-in-four-weeks-warsh-says Wed, 01 Jul 2026 18:30:16 +0200 US and European central banks are weighing inflation risks ahead of key policy decisions, with energy prices and an AI-driven investment boom shaping the outlook. http://www.euronews.com/business/2026/07/01/google-ordered-to-pay-klarnas-pricerunner-13-billion-over-search-abuse http://www.euronews.com/business/2026/07/01/google-ordered-to-pay-klarnas-pricerunner-13-billion-over-search-abuse Wed, 01 Jul 2026 14:47:11 +0200 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. http://www.euronews.com/next/2026/07/01/bruising-film-about-openai-picked-up-by-indie-studio-after-amazon-snub http://www.euronews.com/next/2026/07/01/bruising-film-about-openai-picked-up-by-indie-studio-after-amazon-snub Wed, 01 Jul 2026 14:39:32 +0200 Neon has bought Luca Guadagnino's unflinching drama about Sam Altman, weeks after Amazon walked away from the nearly finished film following its $50 billion tie-up with OpenAI. http://www.euronews.com/business/2026/07/01/trump-made-over-1-billion-from-crypto-in-first-year-back-in-office-new-filing-shows http://www.euronews.com/business/2026/07/01/trump-made-over-1-billion-from-crypto-in-first-year-back-in-office-new-filing-shows Wed, 01 Jul 2026 12:58:51 +0200 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. http://www.euronews.com/my-europe/2026/07/01/where-does-a-university-degree-give-you-the-biggest-edge http://www.euronews.com/my-europe/2026/07/01/where-does-a-university-degree-give-you-the-biggest-edge Wed, 01 Jul 2026 09:32:26 +0200 Europe in Motion breaks down employment and unemployment data across Europe. http://www.euronews.com/business/2026/07/01/ebrd-backs-young-entrepreneurs-as-uzbek-small-firms-seek-credit http://www.euronews.com/business/2026/07/01/ebrd-backs-young-entrepreneurs-as-uzbek-small-firms-seek-credit Wed, 01 Jul 2026 06:00:58 +0200 The financing comes as small businesses account for more than half of Uzbekistan’s GDP, but many still lack the records, collateral and support needed for loans. http://www.euronews.com/business/2026/06/30/abivax-shares-jump-36-as-new-trial-data-support-ulcerative-colitis-drug-obefazimod http://www.euronews.com/business/2026/06/30/abivax-shares-jump-36-as-new-trial-data-support-ulcerative-colitis-drug-obefazimod Tue, 30 Jun 2026 14:59:13 +0200 French biotech company Abivax said new clinical trial data supports the safety and effectiveness of its experimental ulcerative colitis treatment. http://www.euronews.com/business/2026/06/30/scandinavian-airlines-bets-on-recovery-with-record-875-billion-airbus-jet-order http://www.euronews.com/business/2026/06/30/scandinavian-airlines-bets-on-recovery-with-record-875-billion-airbus-jet-order Tue, 30 Jun 2026 13:25:47 +0200 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. http://www.euronews.com/business/2026/06/30/irans-inflation-spiral-deepens-as-rial-slides-and-tensions-rise http://www.euronews.com/business/2026/06/30/irans-inflation-spiral-deepens-as-rial-slides-and-tensions-rise Tue, 30 Jun 2026 13:20:52 +0200 As Iran's rial falls to record lows amid escalating military tensions in the Persian Gulf, a sharp rise in inflation is pushing up the cost of basic necessities, with low-income households and rural communities bearing the brunt of the crisis. http://www.euronews.com/my-europe/2026/06/30/eu-allocates-steel-import-quotas-to-trading-partners-to-curb-import-surge http://www.euronews.com/my-europe/2026/06/30/eu-allocates-steel-import-quotas-to-trading-partners-to-curb-import-surge Tue, 30 Jun 2026 12:27:51 +0200 The new quotas will come into force on 1 July, with some preferential treatment agreed for partners bound by a trade agreement with the EU. http://www.euronews.com/business/2026/06/30/the-5-billion-ai-export-plan-gathering-momentum-in-central-asia http://www.euronews.com/business/2026/06/30/the-5-billion-ai-export-plan-gathering-momentum-in-central-asia Tue, 30 Jun 2026 06:03:34 +0200 Uzbekistan is aiming to move from outsourcing into higher-value services, using its young workforce, energy resources and digital infrastructure to attract investment. http://www.euronews.com/business/2026/06/29/world-bank-backs-spain-with-new-madrid-office http://www.euronews.com/business/2026/06/29/world-bank-backs-spain-with-new-madrid-office Mon, 29 Jun 2026 21:28:25 +0200 First vice-president and economy minister Carlos Cuerpo presents Spain as a key hub for multilateral institutions after the opening of the World Bank office. http://www.euronews.com/my-europe/2026/06/29/eu-sets-october-deadline-to-get-tangible-results-with-china http://www.euronews.com/my-europe/2026/06/29/eu-sets-october-deadline-to-get-tangible-results-with-china Mon, 29 Jun 2026 19:00:48 +0200 As EU Trade Commissioner Maroš Šefčovič met his Chinese counterpart Wang Wentao in Brussels on Monday, he said he would travel to China this autumn. Germany’s trade Minister Katherina Reiche also met Wentao, with her ministry calling on Beijing to ensure “a level playing field". http://www.euronews.com/business/2026/06/29/lucky-strike-maker-bat-to-axe-5500-jobs-worldwide-in-695m-cost-drive http://www.euronews.com/business/2026/06/29/lucky-strike-maker-bat-to-axe-5500-jobs-worldwide-in-695m-cost-drive Mon, 29 Jun 2026 15:10:51 +0200 British American Tobacco is cutting 5,500 jobs across the globe and handing thousands more roles to outside contractors, as the cigarette giant races to strip out costs and pivot towards vapes and nicotine pouches.