Economy & Money
European economy, markets, the euro, ECB, inflation and business.
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The ancient trick making food waste useful and tasty
Instead of throwing away byproducts of food processing, fermentation is making them valuable.
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Broadcom, Micron and ARM sink, leading chip stocks lower
U.S. chipmakers plunged after Broadcom earnings disappointed investors.
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Global steel crisis deepens as oversupply reaches alarming levels, OECD warns
The global steel industry is facing a growing crisis as subsidised production and excess capacity continue to distort markets, acc…
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Hong Kong wants to be a bridge between Central Asia and Chinese businesses
High-level Hong Kong delegation visited Kazakhstan and offered new partnership in several economy sectors including professional s…
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Bitcoin falls to $61,000, down more than 25% this month as long-term holders sell
Bitcoin has fallen to its lowest level since February, dropping more than 25% this month, as long-term holders liquidate billions …
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Bluesky was launched as a Twitter rival — but it's far less popular. Now it's eyeing Reddit for inspiration
"I think the public square is not the direction we want to go in...we're very inspired by companies like Reddit," Bluesky's Rose W…
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Tire giant Pirelli vows legal action as short seller alleges ‘close relationship’ with Russia
Pirelli has instructed lawyers to take legal action after short seller Grizzly Research claimed the firm has a "close relationship…
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Remy Cointreau posts 35% profit drop, shares jump on recovery hopes
French drinks group Remy Cointreau reported a 35% drop in full-year net profit on Thursday as tariffs slammed sales in its key Chi…
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AI giant Broadcom sheds $300bn in market value as outlook misses sky-high expectations
The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but it disappointed investors by …
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Partners Group warns it could cap more fund withdrawals after triggering private equity rout
Partners Group said it could cap capital withdrawals from more of its funds after a European gating sparked a private equity stock…
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Christine Lagarde: Women and leadership: widening the pipeline
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Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech: 'We want to be sure nobody has a kill switch'
The proposals include new acts to bolster advanced chip manufacturing and homegrown cloud computing.
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SpaceX sets IPO price, valuing company at $1.75tn ahead of record debut
The company said on Wednesday that it plans to list its shares at $135 each. The offering would value SpaceX at around $1.77tn (€1…
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Finland's president says EU should expand to 40 states — including Canada
Finnish President Alexander Stubb said the European Union needs to expand to project power on the global stage.
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‘Buying stuff like it’s going out of fashion’: Biotech M&A on track for best year since pre-Covid
Driven by looming patent cliffs, newly buoyant public markets, and Big Pharma's race to beef up their pipelines, dealmaking in 202…
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Europe's take-home pay ranking: Where do you earn the most after tax?
Workers' take-home pay varies dramatically across Europe, with annual net earnings ranging from under €13,000 to more than €54,000…
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'By the grace of God': Miners dig on as lab-grown diamonds change market
The rising popularity of lab-grown diamonds heaps pressure on those hunting for the natural gems.
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KKR, Ares, Blackstone tumble as Partners Group caps private equity fund withdrawals
U.S. private markets firms fell on Wednesday, as concerns over redemption pressure returned to the spotlight.
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Piero Cipollone: Europe’s money evolves so people’s freedom to pay remains
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France's Macron invites Sam Altman to attend G7, OpenAI tells CNBC
French President Emmanuel Macron has looked to win over tech bosses amid hopes to boost AI capability.
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OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
The OECD has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.
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UK assets face underestimated risk event, analysts warn as PM hopeful swerves call to calm investor nerves
One analyst said markets would reprice U.K. fiscal risk "accordingly and quickly" if Burnham's political ambitions come to light.
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Novo Nordisk rolls out Wegovy pill in the UAE — testing appetite outside the U.S. with first global launch
Novo is "all in" on launching the Wegovy pill in overseas markets, and it sees it as a "major opportunity."
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