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Business

Stellantis revenue plunges as falling EU and US sales hit car giant

Europe's second-largest car maker, Stellantis, reported that its net revenues slumped by 27% in its latest earnings update as it aims to slim down its inventory and launch new products.

Business

Robust retail business gives boost to Banco Santander

Banco Santander's revenue increases, as the bank’s retail, wealth, consumer and payments branches all record strong growth.

Climate

Drought stops world's largest man-made lake from producing electricity

Experts say the crisis is even more devastating to Zambia's economy and fight against poverty than COVID-19 lockdowns.

Economy

Power to the people - should Europeans choose where their taxes go?

As France tries to find its way through political gridlock, the outgoing PM Gabriel Attal is looking for policies with cross-party support. One idea is to give more power to taxpayers.

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Economy

Good news for Europe's top economies as disposable income rises

Disposable household income per capita in Europe's top economies crept up by 0.2% to 3.4% in the first three months of 2024. During the same period, real GDP per capita also saw growth across most European countries.

Economy

Apartment hunting: Where in Europe will it cost you the most?

While Serbia saw the biggest increase in apartment prices per square metre over the year, there is one country in Europe that still has the highest price per square metre, as well as the highest average income.

Business

Allianz, Europe's largest insurer, sees double-digit jump in profits

Profits at the German insurance group were driven by its property-casualty segment, which benefited from higher prices and relatively benign claims from natural catastrophes.

Business

Telefónica confirms 2024 targets after earnings meet expectations

The Spanish telecoms giant says it has started 2024 with "solid growth and profitability rates".

Business

BP pledge to cuts costs as profits fall below expectations

Energy giant BP is to launch a major cost-cutting programme after Q1 profits were hit by falling gas prices and a refinery outage and earnings fell short of analyst forecasts.

Business

UBS returns to profit for the first time since Credit Suisse takeover

The Swiss banking giant's shares were up more than 9% after the earnings report.

Markets

Back in profit: Barclays share price jumps nearly 5% on latest results

Shares in Barclays jumped on Thursday as the UK lender swung back to profit after reporting losses in the final three months of last year amid its efforts to restructure the bank's operations.

Climate

Climate change will cut incomes by a fifth by 2050, scientists say

In Europe, southern countries like Spain and Italy will bear the brunt of declining incomes, while Arctic-adjacent nations could benefit.

Economy

Why women are less invested than men: What can they do about it?

As the cost of living keeps rising, investing and smarter money management is becoming increasingly important. Women, too, need to learn money skills.

Economy

Where in Europe has the most wealth inequality?

Experts suggest that tax systems and home ownership rates play a significant role in the disparities of wealth between the rich and poor. Euronews takes a look.

Business

First post-pandemic dividend for Lufthansa as profits soar

Europe's biggest airline says 2023 provided the third-best financial result in the history of the group.

Economy

Where does the middle class pay the highest and lowest tax in Europe?

The tax burden on the middle class differs across the EU, as well as across the different income segments.

Economy

UK middle earners 'struggle' to make ends meet despite £60k salaries

While low earners are certainly "far worse off" than those in the middle, evidence shows many households on median income "continue to face economic struggles", according to a new report.

Economy

Low savings creates higher cost to mental health for UK workers

A recent study reveals more than 11 million Britons have savings of less than £1,000. Euronews looks at the figures and takes a look at the situation across the rest of Europe.

Business

Hot parents' children earn more, research shows

Good looks can be their own kind of inherited asset, boosting income across the generations, a new study reveals.

Economy

Tesla stock drops as earnings fall short of analyst estimates

Tesla's net income more than doubled last quarter on a one-time tax benefit, even as electric vehicle price cuts and slowing sales growth cut into profits.