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Business

Scholz visits Meyer Werft shipyard as company struggles to stay afloat

Meyer Werft, one of the world's biggest cruise ship builders, will receive government support to patch up its budget deficit.

Economy

Italy's industrial production creeps up while growth remains tepid

Italy’s production appears to be stabilising although year-on-year data is still in the doldrums.

Economy

Producer prices in Germany decline due to lower energy costs

June’s fall was primarily due to the prices of energy, such as natural gas and electricity falling, as well as the costs of intermediate goods decreasing too.

Economy

Eurozone manufacturing sector hits six-month low on new order slowdown

Exports and employment were also slow, while input costs were on the rise, contributing further to declining output.

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Economy

German wholesale inflation continues to drop on energy price falls

Falling natural gas and electricity prices were the main contributors to May’s figure, as well as the declining cost of intermediate goods.

Economy

Flicker of optimism for Europe's producers as energy prices see a fall

Higher energy prices over the past few months because of the Russia-Ukraine war have been costly for European factories and manufacturers.

Economy

Final manufacturing figures show Eurozone inching towards recovery

The index remains in negative territory but shows the smallest fall in more than a year. Spain's economic health is looking up while Germany and France continue to show weakness.

Markets

Ahead in the markets: manufacturing PMIs, UK CPI and Nvidia earnings

In the week ahead, global manufacturing PMIs, inflation data from the United Kingdom (UK), and Nvidia’s quarterly results will be in the spotlight for the financial markets.

Economy

Weak rise in German factory orders points to continued economic slump

Lower-than-expected demand for German manufacturing suggests dark days may still lie ahead for the country’s industry.

Economy

French industry tumbles at start of 2024

Insee said the 1.1% decline was largely due to significantly lower output in the transportation and automotive sectors.

Business

Toyota recalls 280,000 pickups and SUVs in the US - What about Europe?

Toyota has recently recalled about 280,000 vehicles in the US, due to a transmission issue which could possibly raise the risk of crashes.

Business

Europe moves to end reliance on China EVs with €4.4bn factory plans

It's one of the largest fundraisings in the European electric vehicle industry and is expected to reduce Europe’s dependence on Chinese EVs.

Business

Boeing on thin ice with Emirates as new delays announced

Boeing in the 'last chance saloon' warns Emirates boss Sir Tim Clark, as the manufacturer's crisis continues.

Scenes

Watch: Ayşegül turning over a sustainable new leaf in Türkiye

In partnership with Media City

Ayşegül Taşkıran is revolutionising biofuels by converting natural waste into pellets

Economy

Here's why businesses in Turkey are more optimistic about inflation

Following months of sky-high inflation, Turkey’s January Business Confidence report points towards a slowly improving situation.

Economy

European industry activity slows ahead of ECB decision

Several European countries reported upbeat services and manufacturing data, the last indicators ahead of the ECB's monetary policy meeting on Thursday.

Business

Italy's motorists drive European car market forward in 2023

Euronews Business breaks down the latest data on the European car market.

Economy

Germany's GDP shrank in 2023 as industries limped to end of year

Europe's biggest economy had a rough year: German GDP contracted by 0.3% in 2023, according to official data.

Economy

French industrial production beats expectations, showing 0.5% rise

French industrial production for November beats expectations while other EU countries fail to perform as strongly

Economy

UK manufacturers see growing competitiveness against Germany, France

The majority of UK manufacturers view the country as a more competitive place to locate their activities.