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CEOs double down on AI as confidence in global economy slips, report

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USA

Elon Musk absent from Trump's White House dinner with US tech leaders

Trump hosted tech leaders at the White House to discuss domestic investments and room for further development in an unexpected dinner which snubbed former aide and chief of Department of Government Efficiency, Elon Musk.

Business

Nestlé dismisses CEO after undisclosed relationship with subordinate

Freixe, who had been CEO for a year, will be replaced by Philipp Navratil, a longtime Nestlé executive.

Business

Top UK CEOs richer than ever: FTSE 100 boss pay reaches €5.3M

Median pay for Britain’s top bosses rose 6.8% to a record high, with 13 executives earning €11.6M or more, as critics warn of deepening inequality.

Business

You're fired! Who will be Deutsche Bahn's next CEO?

Germany's Federal Transport Minister Patrick Schnieder has announced the early dismissal of Deutsche Bahn CEO Richard Lutz. But who will be his successor?

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Culture news

Messi and his wife steal the show on Coldplay’s notorious kiss cam

After the viral Astronomer "Coldplaygate" moment, the Argentinian footballing superstar showed everyone how it’s done - sharing a sweet moment with his wife on the now-notorious kiss cam.

Markets

Renault shares plummet 17% after profit warning and weak results

The carmaker disappointed with its preliminary financial figures for the past six months and has not yet found a permanent successor to former CEO Luca de Meo, instead appointing an interim leader.

Business

C-suite overconfidence in AI could prove bad for business, says survey

Many business leaders have “misplaced confidence” in the strength of their responsible AI practises, according to a new survey by EY.

Business

Renault shares plunge as CEO departs to lead Kering

In a surprise move, French carmaker Renault Group’s CEO Luca de Meo announced his departure on Sunday. The company’s shares tumbled by nearly 7% on Monday, following the news.

Business

Wizz Air sees income hit by engine issues and grounded aircraft

CEO József Váradi said the airline had shown resilience in a context where “rare challenges” had become “recurrent”.

Business

Billionaire investor Warren Buffett to step down as CEO by year end

The announcement, following a five-hour question-and-answer period at the company's annual shareholders' meeting on Saturday came as a big surprise, as the 94-year-old had previously said he did not plan to retire.

World

Global CEO pay has increased 56 times more than workers' since 2019

The findings are part of a study in which Oxfam surveyed 2,000 companies across 35 countries, in which CEOs earned more than $1 million (€885,000) in 2024.

Business

Stellantis shareholders approve €23.1mn payout for former CEO Tavares

The European carmaker is still looking for a new head after Carlos Tavares resigned in December, following a year of slumping sales. Investors rewarded the former CEO with a controversial pay package on Tuesday.

Business

Primark boss steps down over inappropriate behaviour allegation

Paul Marchant “acknowledged his error of judgement”, said Primark owner Associated British Foods on Monday.

Business

Record year for UniCredit bank sees top banker's pay rise by a third

The increase in salary for UniCredit SpA's chief executive officer, Andrea Orcel, further enhances his status as one of Europe's best paid bankers.

Business

BP expected to scrap renewables targets as part of performance reset

Renewable output is set to become less of a priority, while the pledge to reduce oil and gas output may be officially abandoned.

Business

Starbucks lays off 1,100 workers globally in bid to boost efficiency

The cuts come after CEO Brian Niccol assumed his post in September, tasked with boosting declining customer demand.

Business

Nokia announces ex-Intel AI and data centre boss as new CEO

Nokia has shared that it has appointed a new chief executive officer (CEO), as the company attempts to venture more into the artificial intelligence market.

Business

CEO earnings in Europe's top 100 companies: How much do they make?

CEOs earn 110 times more than the average worker in Europe. Euronews Business takes a closer look at how much CEOs earn, comparing their pay to average annual salaries across the EU.

USA

United Healthcare CEO shooting: Luigi Mangione to plead not guilty

Suspect for the murder of United Healthcare CEO, Luigi Mangione, has said he will fight his extradition to New York where he faces murder charges.

USA

CEO shooting: What we know about suspect Luigi Mangione

Police have charged a 26-year-old man in connection to the killing of UnitedHealthcare's CEO Bryan Thompson last week.