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Business

Chinese imports plunge 30% to 40% after EU tax on small parcels

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Azerbaijan

Azerbaijan's biggest bank enters Uzbek market with Davr Bank acquisition

Azerbaijan's largest financial institution, the International Bank of Azerbaijan, is expanding its corporate banking operations by acquiring a 51% controlling stake in Uzbekistan's Davr Bank in a deal valued at $150 million (€128.5m).

Business

Luxottica founder's son resigns, says company has lost its soul

Leonardo Maria Del Vecchio has resigned as Ray-Ban chairman, accusing EssilorLuxottica's leadership of growing distant from staff.

Business

Spanish workers spend the equivalent of 231 days paying taxes, study says

Tax Freedom Day fell on 20 August, according to Fundación Civismo. The think tank says the average worker’s tax burden has increased by 54 days since 2018, partly because of higher social contributions and income tax thresholds failing to keep pace with inflation.

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Business

Monte dei Paschi board approves dual exchange offers for Banco Bpm and Banca Generali

CEO Luigi Lovaglio's plan aims to bolster MPS and fend off Intesa Sanpaolo's 30.5-billion-euro Opas. Approved with nine votes in favour and four abstentions.

Economy

UK inflation hits four-month high of 2.9% as energy bills soar

A 13% jump in the energy price cap drove UK inflation to 2.9% in July, the sharpest gas price rise in almost four years.

Tech News

How Cyprus became one of Europe's biggest video game hubs

A small Mediterranean island now ranks among Europe's top 10 gaming markets by revenue — and third in the world for mobile downloads, behind only China and Vietnam.

Zambia

Zambia's Hakainde Hichilema wins re-election with 60% of vote

The election was widely seen as a referendum on Hichilema's first term during which Zambia's economy returned to growth after years of fiscal distress.

Europe News

Euroviews. Geothermal energy promises domestic power - the EU is hesitating

The EU runs the risk of standing idly by whilst the US and Canada develop geothermal energy into an industry. In Europe discussions about partnerships are still ongoing, writes Tatiana Mindekova from the global energy think tank ‘Ember’ in a guest article for Euronews.

Europe News

Spain extends Almaraz nuclear plant to 2030, delays closure by 3 years

Almaraz will remain in operation until 2030 after a decision by Pedro Sánchez's Government, a move warmly welcomed in the Extremadura region, which was hit by a major blackout in April last year and where the plant employs some 4,000 people.

Europe News

Euroviews. Fewer rules: Europe was built on coal and steel, not paperwork

The EU keeps churning out new rules, writes Gitta Connemann, head of Germany's CDU's influential business association, MIT. Small and medium-sized businesses bear the brunt of EU bureaucracy, she argues, calling for a halt to new regulation and for rules that add no value to be scrapped.

Economy

Off sick for up to ten years: What lies behind Germany's teacher shortage

At the start of the new school year, many German schools face an acute staffing crisis, with teachers missing in several subjects and lengthy sick leave further tightening an already tense situation.

Economy

Poland now sixth-largest EU economy, ahead of Belgium and Austria

Poland's economy is gaining in importance in Europe. In 2025 the country ranked sixth in the EU by nominal GDP, accounting for almost 5% of the bloc's total output.

Economy

US employers slash 23,000 jobs amid ongoing Iran war pressure

July's unemployment rate eased slightly to 4.1% from 4.2% in June, as more Americans leave the labour market.

East-West Connect

How is Kazakhstan attracting manufacturing investment?

In partnership with MDQ

Kazakhstan is seeking to attract more investment into higher-value manufacturing as it looks to diversify its economy beyond raw materials and expand value-added industries.

Europe News

Euroviews. Why Israel should stay in the EU's research programme beyond 2027

Israel must remain fully integrated into the European Research Area from 2028 to 2034, Carsten Ovens argues in a Euronews op-ed, calling it vital to Europe's interests and an investment in the continent's future.