Now playing Next Markets A look at how the Magnificent Seven rival Europe’s top four economies Euronews Business takes a closer look at how Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta, and Tesla now account for nearly one-third of the S&P 500 Index, a concentration that sparks intense debate over the future of market equilibrium. 06/02/2024
Now playing Next Business 'Betrayed' SAP workers rebel against forced office return The German software giant has changed direction, and more than 5,000 employees have signed an internal petition saying they feel 'betrayed'. 02/02/2024
Now playing Next Europe News Borrell 'satisfied' despite EU failing ammunition target for Ukraine The European Union's failure to provide Ukraine with one million ammunition rounds within a year as it has promised should still be cheered, some of the bloc's top officials have argued. 01/02/2024
Now playing Next Business Does China's Evergrande have to pay back its $300 billion debts now? The world’s most heavily indebted real estate developer has been ordered to undergo liquidation. But their assets don't cover their liabilities. 29/01/2024
Now playing Next Economy What's in store for LNG and Europe in 2024? The story of liquified natural gas (LNG) — natural gas cooled down to liquid form for ease and safety of non-pressurised storage or transport — is getting interesting as it increases its share in the global primary energy mix, Osama Rizvi writes. 29/01/2024
Now playing Next Tech News US opens inquiry into Big Tech's partnerships with AI startups Tech giants have recently invested billions in artificial intelligence (AI) startups. 26/01/2024
Now playing Next Business This AI startup went from zero to $1 billion in two years Voice AI startup ElevenLabs has gained so-called "unicorn" status after its latest round of fundraising. 22/01/2024
Now playing Next Economy Lagarde and Lindner's insights at Davos: A 'New Normal'? In Davos, European Central Bank President Lagarde and German Finance Minister Lindner discussed the global economic outlook, addressing challenges such as climate change and potential impacts of a Trump presidency. They emphasised strengthening domestic markets and adapting to a "new normal". 19/01/2024
Now playing Next Tech News OpenAI’s Sam Altman calls firing saga 'ridiculous' at Davos OpenAI’s CEO spoke about last year’s firing saga and addressed concerns about the future of AI in Davos. 18/01/2024
Now playing Next Economy ECB's Lagarde hints in Davos of potential summer rate cuts At Davos, ECB's Lagarde hinted at possible summer rate cuts, but stressed that the ECB remains data-focused. Current economic uncertainties and market expectations for policy easing remain on the ECB's radar. 17/01/2024
Now playing Next Tech News ChatGPT maker OpenAI outlines plan to deter election misinformation ChatGPT maker OpenAI says it plans to deter the use of its tools for election misinformation in 2024. Here's how. 17/01/2024
Now playing Next Economy Davos 2024: Ukraine's Zelenskyy set to meet JP Morgan boss Ukraine is seeking new ways to finance its rebuilding plans as vital aid from the West slows down. President Volodymyr Zelenskyy reportedly has plans to meet JP Morgan's CEO at the World Economic Forum. 15/01/2024
Now playing Next Markets Tech giants see €350 bn early year downturn, reversing 2023 rally Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla see net €350 bn early year downturn, reversing 2023 rally, according to Bloomberg Magnificent 7 Total Return Index 04/01/2024
Now playing Next Business L’Oreal heir shows she's worth it with more than €90 billion Francoise Bettencourt Meyers, the heiress of L’Oreal, is the first woman to surpass a €90 billion fortune, according to Bloomberg. 29/12/2023
Now playing Next Business Tesla could lose its prime spot in the EV market to a Chinese company Elon Musk may not be sitting too long on top of the world's biggest electric car empire. 29/12/2023
Now playing Next Tech News X, formerly Twitter, sees massive outage as thousands report issues Elon Musk's X suffered one of its biggest outages on Thursday, with users losing access to their posts and timelines. 21/12/2023
Now playing Next Economy New risk to inflation? Cost of the Red Sea attacks on global trade Higher shipping costs and longer delivery times bring a new risk to global inflation. 20/12/2023