http://www.euronews.com en Latest news from Euronews Euronews 2026 Tue, 12 May 2026 16:15:42 +0200 Tue, 12 May 2026 16:15:42 +0200 30 https://static.euronews.com/website/images/euronews_flatblue.png http://www.euronews.com http://www.euronews.com/business/2026/05/12/iran-war-pushes-us-inflation-to-38-as-petrol-prices-surge http://www.euronews.com/business/2026/05/12/iran-war-pushes-us-inflation-to-38-as-petrol-prices-surge Tue, 12 May 2026 16:15:32 +0200 US consumer prices rose 3.8% in April as the Iran war drove petrol costs up 28% in a year, with real wages falling for the first time in three years, according to government data. http://www.euronews.com/business/2026/05/12/how-solar-and-wind-projects-are-accelerating-the-energy-transition http://www.euronews.com/business/2026/05/12/how-solar-and-wind-projects-are-accelerating-the-energy-transition Tue, 12 May 2026 14:03:36 +0200 Authorities in Uzbekistan say 5,600 megawatts of solar and wind capacity have already been added to the national grid through international partnerships. New investments now focus on energy storage, AI infrastructure, and large-scale data centres linked to the energy transition. http://www.euronews.com/business/2026/05/12/global-trades-next-top-priority-bypassing-the-hormuz-chokepoint http://www.euronews.com/business/2026/05/12/global-trades-next-top-priority-bypassing-the-hormuz-chokepoint Tue, 12 May 2026 13:56:13 +0200 Global shipping firms are redesigning trade routes as tensions in the Strait of Hormuz disrupt supply chains, raise costs and expose the vulnerability of global commerce to geopolitical conflict. http://www.euronews.com/business/2026/05/12/shipping-industry-fears-fuel-shortages-that-could-drive-up-prices-worldwide http://www.euronews.com/business/2026/05/12/shipping-industry-fears-fuel-shortages-that-could-drive-up-prices-worldwide Tue, 12 May 2026 11:07:15 +0200 Global shipping companies are bracing for fuel shortages and rising costs as the Iran war disrupts supplies of bunker fuel through the Strait of Hormuz. http://www.euronews.com/business/2026/05/12/us-treasury-enlists-banks-to-target-iranian-money-laundering-schemes http://www.euronews.com/business/2026/05/12/us-treasury-enlists-banks-to-target-iranian-money-laundering-schemes Tue, 12 May 2026 10:01:46 +0200 The US Treasury has directed banks to intensify their monitoring of Iranian money laundering networks that enable funds from sanctioned oil. The move is part of the wider strategy to pressure Iran into a deal as negotiations stall. http://www.euronews.com/business/2026/05/11/soaring-energy-profits-reignite-calls-for-windfall-tax-across-europe http://www.euronews.com/business/2026/05/11/soaring-energy-profits-reignite-calls-for-windfall-tax-across-europe Mon, 11 May 2026 12:57:48 +0200 European oil and gas companies that posted huge profits in the first quarter on soaring prices caused by the war in the Middle East face new calls from London to Paris to tax their outsized gains. http://www.euronews.com/business/2026/05/11/oil-jumps-4-after-trump-rejects-irans-response-to-ceasefire-proposal http://www.euronews.com/business/2026/05/11/oil-jumps-4-after-trump-rejects-irans-response-to-ceasefire-proposal Mon, 11 May 2026 07:59:44 +0200 Oil prices jumped on Monday morning while European markets edged lower and Asian stocks rose to new all time highs after US President Donald Trump rejected Tehran’s response to the latest proposal on ending the war in Iran. http://www.euronews.com/business/2026/05/11/which-eu-capitals-have-rents-higher-than-minimum-wages http://www.euronews.com/business/2026/05/11/which-eu-capitals-have-rents-higher-than-minimum-wages Mon, 11 May 2026 06:12:53 +0200 Euronews Business takes a closer look at gross minimum wages and average rent costs across EU countries and their capital cities. In many capitals, even the gross minimum wage is not enough to cover rent. http://www.euronews.com/my-europe/2026/05/08/eu-legislation-cannot-be-dictated-by-social-media-threats-says-mep-trade-chief http://www.euronews.com/my-europe/2026/05/08/eu-legislation-cannot-be-dictated-by-social-media-threats-says-mep-trade-chief Fri, 08 May 2026 15:33:28 +0200 Bernd Lange, the MEP lead on the EU-US trade deal, has rejected pressure from Washington to fast-track implementation, insisting the bloc’s democratic procedures cannot be dictated by tariff threats from President Donald Trump. http://www.euronews.com/business/2026/05/08/potato-futures-soar-700-in-less-than-a-month-on-iran-war-speculation http://www.euronews.com/business/2026/05/08/potato-futures-soar-700-in-less-than-a-month-on-iran-war-speculation Fri, 08 May 2026 15:33:28 +0200 Potato-linked financial contracts have risen over 700% in a few weeks, despite a current oversupply in Europe, due to speculative trading surrounding the volatile environment caused by the Iran war. http://www.euronews.com/my-europe/2026/05/08/after-20-rounds-of-sanctions-the-eu-finally-sees-cracks-in-the-russian-economy http://www.euronews.com/my-europe/2026/05/08/after-20-rounds-of-sanctions-the-eu-finally-sees-cracks-in-the-russian-economy Fri, 08 May 2026 12:47:18 +0200 Europeans are taking credit for the growing signs of strain in the Russian economy. Does that mean sanctions are working? It's complicated. 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/how-uk-30-year-bonds-reached-the-highest-yield-this-century-and-why-it-matters http://www.euronews.com/business/2026/05/07/how-uk-30-year-bonds-reached-the-highest-yield-this-century-and-why-it-matters Thu, 07 May 2026 15:15:08 +0200 Investors are demanding significantly higher returns to hold British debt as 30-year gilt yields reached levels not seen since 1998 this week. The surge represents a major challenge for the UK Treasury but why did it happen and what does it mean exactly? 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/my-europe/2026/05/07/meps-and-eu-countries-fail-to-reach-an-agreement-on-eu-us-deal http://www.euronews.com/my-europe/2026/05/07/meps-and-eu-countries-fail-to-reach-an-agreement-on-eu-us-deal Thu, 07 May 2026 09:27:23 +0200 Despite intense pressure from the US, negotiators agreed to meet again in 10 days after more than 6 hours of talks last night. Both sides, seeking a compromise, said however that progress had been made during the negotiations. http://www.euronews.com/business/2026/05/06/resilience-amid-ruins-why-markets-are-hitting-record-highs-despite-iran-war-effects http://www.euronews.com/business/2026/05/06/resilience-amid-ruins-why-markets-are-hitting-record-highs-despite-iran-war-effects Wed, 06 May 2026 07:00:16 +0200 Global indices in the US, Japan and South Korea have reached all-time highs despite the economic fallout from the ongoing Iran war. Investors are clearly looking past immediate geopolitical risks but what is driving the rally? 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/my-europe/2026/05/05/eu-trade-chief-urges-us-to-swiftly-restore-15-tariff-arrangement http://www.euronews.com/my-europe/2026/05/05/eu-trade-chief-urges-us-to-swiftly-restore-15-tariff-arrangement Tue, 05 May 2026 19:06:41 +0200 EU Trade Commissioner Maroš Šefčovič met US Trade Representative Jamieson Greer ahead of what is expected to be a tense round of negotiations between EU countries and MEPs over the implementation of the EU-US trade deal, as Washington pushes the EU to rapidly eliminate tariffs on US goods. http://www.euronews.com/my-europe/2026/05/05/we-should-never-have-signed-this-trade-deal-with-the-us-leading-mep-says http://www.euronews.com/my-europe/2026/05/05/we-should-never-have-signed-this-trade-deal-with-the-us-leading-mep-says Tue, 05 May 2026 12:04:56 +0200 French MEP Aurore Lalucq argues that Donald Trump’s recent tariff threats, which she considers a violation of the EU–US trade agreement, show the EU should not have agreed to the deal, highlighting divisions within the Socialists & Democrats. http://www.euronews.com/my-europe/2026/05/04/eu-and-us-trade-chiefs-to-meet-as-tariff-tensions-escalate http://www.euronews.com/my-europe/2026/05/04/eu-and-us-trade-chiefs-to-meet-as-tariff-tensions-escalate Mon, 04 May 2026 14:17:13 +0200 The Turnberry deal is still under negotiation between EU governments and lawmakers before it can take effect on the EU side, and the Commission warned that if the US takes actions deemed inconsistent with the agreement, it reserves the right to consider all options. 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/my-europe/2026/05/04/donald-trumps-eu-car-tariffs-targeting-germany-says-key-german-mep http://www.euronews.com/my-europe/2026/05/04/donald-trumps-eu-car-tariffs-targeting-germany-says-key-german-mep Mon, 04 May 2026 09:51:20 +0200 German MEP Bernd Lange said US President Donald Trump’s threat to impose 25% tariffs on EU cars appears to target Germany, following Chancellor Friedrich Merz’s criticism of the US stance on Iran. However, the move would likely breach the EU–US trade agreement reached last summer. 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/my-europe/2026/04/30/eu-vows-to-fight-tooth-and-nail-for-european-jobs-as-china-threatens-retaliation http://www.euronews.com/my-europe/2026/04/30/eu-vows-to-fight-tooth-and-nail-for-european-jobs-as-china-threatens-retaliation Thu, 30 Apr 2026 16:33:54 +0200 In an interview with Euronews, EU Trade Commissioner Maroš Šefčovič said the European Union would stand its ground after China threatened retaliatory measures over plans to strengthen the bloc’s industrial policy. 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/2026/04/30/trump-tightens-us-naval-blockade-as-iranian-rial-collapses-to-record-low http://www.euronews.com/2026/04/30/trump-tightens-us-naval-blockade-as-iranian-rial-collapses-to-record-low Thu, 30 Apr 2026 13:26:15 +0200 The latest drop follows a currency shock several months ago, when the rial fell from around 1.4 million to 1.6 million per US dollar in under a week, as the war moves turns into an economic clash to exhaust the Iranian regime' options. 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/oil-temporarily-surges-above-126-per-barrel-as-us-iran-conflict-seemingly-intensifies http://www.euronews.com/business/2026/04/30/oil-temporarily-surges-above-126-per-barrel-as-us-iran-conflict-seemingly-intensifies Thu, 30 Apr 2026 10:17:01 +0200 Oil markets face upward pressure on Thursday, with Brent crude briefly touching $126 as markets price in tensions in the negotiations between the US and Iran. 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/my-europe/2026/04/29/china-pushes-eu-capitals-to-scrap-made-in-europe-law-or-face-retaliation http://www.euronews.com/my-europe/2026/04/29/china-pushes-eu-capitals-to-scrap-made-in-europe-law-or-face-retaliation Wed, 29 Apr 2026 19:52:52 +0200 As EU countries debate the European Commission’s proposal, Beijing is urging national governments to abandon the planned law. Otherwise, China says it will take countermeasures. 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/my-europe/2026/04/28/china-hawks-are-gaining-ground-in-the-commission-will-eu-countries-follow http://www.euronews.com/my-europe/2026/04/28/china-hawks-are-gaining-ground-in-the-commission-will-eu-countries-follow Tue, 28 Apr 2026 15:54:49 +0200 The European Commission's services are sizing up tools to counter Chinese rivals, including the Anti-Coercion Instrument. But despite mounting pressure from Beijing, the issue is still in its early stages — and EU member states remain divided. 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/2026/04/28/uae-decides-to-leave-opec-citing-focus-on-its-national-interest http://www.euronews.com/2026/04/28/uae-decides-to-leave-opec-citing-focus-on-its-national-interest Tue, 28 Apr 2026 15:16:27 +0200 The UAE’s historic decision is a major blow to the alliance of oil producers, just as the global energy crisis is escalating over Iran’s blockade of the Strait of Hormuz, but the Gulf state insists its decision “enhances the UAE’s ability to respond to evolving market needs." http://www.euronews.com/business/2026/04/28/euronews-explains-what-are-eurobonds-why-is-it-divisive-and-does-it-make-sense http://www.euronews.com/business/2026/04/28/euronews-explains-what-are-eurobonds-why-is-it-divisive-and-does-it-make-sense Tue, 28 Apr 2026 13:43:12 +0200 What are eurobonds, and how could they help the European economy? Why is France pushing for more joint debt, and will it work? Euronews examines the case behind an asset that central banks and economists increasingly say makes economic sense but remains politically toxic for the EU. 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/my-europe/2026/04/24/mercosur-meps-letter-warns-of-concentration-risk-due-to-quota-allocation-system http://www.euronews.com/my-europe/2026/04/24/mercosur-meps-letter-warns-of-concentration-risk-due-to-quota-allocation-system Fri, 24 Apr 2026 13:44:44 +0200 A letter obtained by Euronews is circulating among MEPs sounding the alarm on the potential abuse of the EU-Mercosur trade deal quota allocation system by South American Big Agriculture. http://www.euronews.com/my-europe/2026/04/24/at-first-summit-without-orban-zelenskyy-rejects-symbolic-eu-membership http://www.euronews.com/my-europe/2026/04/24/at-first-summit-without-orban-zelenskyy-rejects-symbolic-eu-membership Fri, 24 Apr 2026 08:46:32 +0200 Also in this newsletter: EU approves €90 billion loan for Ukraine after Hungary lifts controversial veto. http://www.euronews.com/my-europe/2026/04/23/made-in-europe-law-should-be-limited-to-geographically-close-countries-leading-mep-says http://www.euronews.com/my-europe/2026/04/23/made-in-europe-law-should-be-limited-to-geographically-close-countries-leading-mep-says Thu, 23 Apr 2026 17:09:44 +0200 French liberal MEP Christophe Grudler, who will lead negotiations on a “Made in Europe” law in the European Parliament, told Euronews the European preference proposed by the European Commission to counter foreign competition in the EU market extends to too many non-EU countries. 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.