Culture news

UK to introduce levy on stadium tickets to support grassroots venues

The UK government is set to introduce voluntary stadium and arena ticket levy to save grassroots music venues struggling to stay open.

14 November 2024

No Comment

No Comment: University crisis in Argentina

Students in Argentina are protesting against President Javier Milei's veto of increases in funding for public universities.

13 November 2024

Economy

Germany's economic sentiment falters as Trump's win casts shadow

Germany's economic sentiment dropped in November as internal political gridlock and Trump's election stoked concerns. The ZEW index fell from 13.1 to 7.1, with experts citing fears over Trump's tariffs and stalled reforms in Germany's coalition government.

12 November 2024

Markets

Trump trade: What investors need to consider in the long term

Following the euphoria on the stock markets that greeted the victory of President-elect Donald Trump, analysts have been looking at what could do well for investors in the long-term.

9 November 2024

Economy

Fed cuts rates as Powell ignores Trump-fuelled inflation risk

The US Federal Reserve has lowered rates by 0.25%, as expected. Markets see potential for a further cut in December, while concerns rise over fiscal impacts and inflation under a Trump presidency.

7 November 2024

Economy

Sweden cuts key interest rate to boost staggering economy

Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade.

7 November 2024

USA

Inflation gauge closely watched by the Fed falls to lowest level since

The US personal consumption expenditures price index was released on Thursday. The index is the one the US Federal Reserve tends to favour over the more widely-accepted consumer price index.

31 October 2024

Economy

Eurozone inflation figures see rise above forecasts for October

Eurozone inflation hit 2% in October, exceeding forecasts and up from September's 1.7%, driven by services and food prices. Germany witnessed unexpected price increases. The euro strengthened.

31 October 2024

Culture news

The 'Last Night Out' looms as UK clubs shut at alarming rate

Findings from the Night Time Industries Association shows that if UK venues continue to close at the current rate, there will be no more nightclubs in the country by the end of the decade.

30 October 2024

Economy

Russian central bank hikes interest rate to record-high 21%

Russia's central bank has hiked the key interest rate by 200 basis points to a record-high 21% in a bid to fight inflation, fuelled by military spending.

25 October 2024

Economy

Will the European Central Bank opt for a large rate cut in December?

Money markets see an increased likelihood of the European Central Bank (ECB) deepening its rate cuts in December following weak economic data. However, analysts expect the bank to maintain a gradual approach to rate reductions due to the persistent upside risks in inflation.

25 October 2024

Economy

ECB cuts rates again as inflation falls below target

The 25 basis point cut, expected by analysts, arrives against a backdrop of settling inflation and anaemic growth.

17 October 2024

Economy

UK inflation falls to 3-year low boosting hopes for another rate cut

Lower air fares and petrol prices dragged down price increases in September in the UK, prompting hopes that there will be another interest rate cut on the cards.

16 October 2024

Economy

Will the ECB deliver another rate cut at this week's meeting?

The ECB is expected to announce a rate cut on Thursday, responding to falling inflation and worsening economic conditions. Eurozone inflation fell to 1.8% in September, while weak PMI data indicates economic stagnation.

14 October 2024

Economy

Can't afford a house in the UK - how about an island instead?

Euronews Business looks at which islands around the world could cost you less than the average UK house.

12 October 2024

Economy

Netherlands: Inflation rate slows but remains higher than most

Despite a steep drop in fuel prices, annual inflation in the Netherlands was still 3.5% in September, one of the highest in the eurozone.

8 October 2024

Economy

Eurozone inflation drops in September, falling below ECB's target

The drop below the target of 2% was mainly due to falling energy prices. However, the European economy may still not be out of the woods.

1 October 2024

Economy

German inflation plunges to over three-year low as energy prices wane

German inflation fell for the second month in a row in September, as energy prices pulled back. However, food prices rose at a faster pace.

30 September 2024

Lifestyle

Europe’s oldest nightclub La Paloma in Barcelona re-opens

While many venues across Europe are facing closure due to inflation rates, rising rent costs, soaring energy prices and a shift in post-pandemic habits, a bit of good news comes from Spain as La Paloma, which opened in 1903 and shut in 2007, is reopening its doors...

30 September 2024

Economy

French and Spanish inflation dips below 2% fuelling rate cut hopes

Lower-than-expected inflation is fuelling bets for the ECB to keep cutting the benchmark interest rate in October.

27 September 2024