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What happens when a company has no bosses? A Danish firm found out

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Business

Spotify founder Daniel Ek steps down as CEO, sending shares lower

Spotify said in a press release that the move “formalises" how Spotify has been operating since 2023, with the new co-CEOs largely leading strategic development and operational execution.

Business

Nestlé chairman to step down after recent shock dismissal of CEO

The decision comes after shareholders criticised the chairman's handling of a scandal involving the firm’s CEO. Laurent Freixe was fired earlier this month after an investigation found he had failed to disclose a romantic relationship with a subordinate.

Business

Tech firms in Central and Eastern Europe chase the West’s progress

The combined market capitalisation of the 100 largest tech companies in Central and Eastern Europe amounts to nearly $117 billion, according to the "Digital Champions CEE 2025" report, prepared by the Digital Poland Foundation.

Business

Sixt shares plummet as firm remains unprofitable despite softer losses

The car rental and mobility firm also saw stagnating revenue in Germany, its home market.

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Business

DoorDash agrees to acquire UK rival Deliveroo for €3.55 billion

DoorDash, the US food delivery app, has agreed to acquire British rival Deliveroo for £2.9 billion (€3.55 billion) in cash, expanding its business in Europe, Asia and the Middle East.

Business

Santander announces buyback plan while CA also sees earnings rise

Spain's Santander has reported a record profit of €12.57bn and revealed plans for more share buybacks. France's Crédit Agricole, meanwhile, has recorded a rise in net income.

Business

Business funding: Where is venture capital flowing in Europe?

Venture investments in Europe lagged last year, although economic bright spots and a rise in exits provide hope for 2025.

Business

Airbus remains positive on yearly deliveries despite missing target

The European planemaker delivered 766 jets last year, marginally missing its goal due to supply chain disruptions.

Business

Disney looks for fairy-tale outcome as it names new chairman

As Disney appoints a new chairman, the struggle continues to find a suitable replacement for CEO Bob Iger. A successor must be named in 2026.

Business

Feud between fast-fashion rivals heats up as Shein sues Temu again

Online fast-fashion giant Shein has filed another lawsuit against competitor Temu, accusing the China-founded shopping platform of stealing its designs, copying its product images and engaging in other types of fraud.

Business

Siemens beats profit estimates on strong demand for electrification

The German tech giant reported a profit that was 11% higher than that recorded in the same period last year.

Business

Beaumanoir adds Quiksilver and Billabong to its brand portfolio

Ready-to-wear group Beaumanoir buys western European business of Boardriders (Quiksilver, DC Shoes, Element) but some jobs in France will go.

Business

IDS shares rise as Czech billionaire posts interest in Royal Mail

Shares in IDS, the owner of Royal Mail, rise after reports that it has received - and rejected - a bid from Czech billionaire Daniel Křetínský.

Business

ProSieben board turns down MFE bid to split German broadcaster

German broadcaster ProSiebensat.1 has rejected a bid put forward by MFE-MediaForEurope to split up the company.

Business

More than 500 companies named for not paying minimum wage

The UK government has pointed the finger at iconic British businesses such as EasyJet, Greggs, Hamleys and Harrods who it says have failed to pay staff members the minimum wage.

Business

Amazon Prime Video will introduce ads starting next year

Amazon Prime Video is introducing ads next year, and it's not the only one. Euronews Business explores why more streaming companies are adopting this strategy.