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Business

Turkish firm buys company formerly owned by fallen business tycoon

Sabanci Holdings has bought a majority stake in Mannok, once the prized firm of Seán Quinn - and since a victim of several attacks and sabotage attempts.

Business

Diageo spirits sink as Latin American sales fail to perform

London spirits maker Diageo's shares dropped 8% in early trading as it reported plummeting sales in Latin America and the Caribbean. The spirits maker warned that challenges remain.

Business

Car sales in Europe decline: Is the future of electric cars at stake?

In March, car sales in the EU registered a decline with consumer behaviour trends shifting.

Business

Netflix reports strong subscriber gains as earnings beat forecasts

The world’s largest video streamer, Netflix, beat market expectations in its first-quarter earnings. However, the robust results failed to lift its share price due to weaker-than-expected guidance.

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Business

Goldman Sachs profits surge ahead to beat forecasts

The Wall Street giant's investment banking and trading business drove the results past analysts' estimates.

Business

JPMorgan opens earnings season with profit rise and risk warning

JPMorgan reports a 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls.

Business

Volvo sees record sales in March boosted by electric SUV sales

Volvo Cars saw robust sales in March 2024, boosted by the growing popularity of their fully electric and plug-in hybrid models.

Economy

Car sales rev up in February as hybrids take Europe's top slot

Hybrid-electric car sales grew the most in the EU last month but petrol-fuelled cars are still in high demand.

Economy

'Buy one, get one free': France forbids supermarket mega sales

French supermarkets can no longer offer discounts of more than 34% for various personal and household products. The new law aims to protect smaller companies against the might of multinationals' mega sales. But how will it work for consumers?

Business

HSBC shares dive 8% as profit expectations fail to satisfy investors

The share price of HSBC Holdings slumped by more than 8% in London as the UK's biggest bank left investors disappointed with the profits reported for the final three months, and for all of 2023.

Business

Primark sales shape up trading figures for Associated British Foods

Primark's market share touched a record high of 7.1% in December, despite early challenges due to an unusually warm winter.

Economy

UK shoppers tightened their purse strings over Christmas

The gloomy picture is fuelling fears of a recession, with the December fall being the biggest one recorded since January 2021, a period that was heavily affected by pandemic-related restrictions.

Business

Tesco lifts profit guidance following robust Christmas sales

Tesco has increased its profit guidance following better-than-expected Christmas sales due to exceptionally strong fresh food sale volumes.

Economy

Hopes rise for eurozone economy, but sales growth lags behind

Positive surge in eurozone economic sentiment and employment expectations indicator contrasts with a less pronounced increase in sales. Euronews Business breaks down the latest figures

Business

Black Friday: Are you being ripped off? Here are the scams to avoid

There will be fewer good deals and more scams than you think. How can you avoid falling into the Black Friday traps? Euronews Business takes a look.

Culture news

Napoleon's hat fetches 1.9 million euros at auction in Paris

One of the unique hats that Napoleon Bonaparte was believed to have worn when he ruled 19th century France was bought by an anonymous buyer.

Economy

UK retail sales at COVID-19 lockdown levels as cost of living rises

UK retail sales have slumped back to COVID-19 lockdown levels, as increased cost of living bites.

Business

Hermès outshines luxury rivals amid sector slowdown

French company surprises as global economic uncertainty drags down luxury fashion segment.

Economy

Cost of living and hot weather cause retail sales to fall in UK

The cost of living crisis keeps on curtailing consumers’ ability to spend on non-essential items. This autumn’s exceptionally hot weather also deterred people from buying winter clothes.

Business

EU car sales rise for 14th consecutive month, mostly thanks to EVs

New car registrations increased by 9.2% last month, reaching 861,000 units, more than half of which were electric and hybrid vehicles.