English

Indrabati Lahiri

Economy

Lockdown may have set productivity back 40 years, says OECD

The impact of lockdowns on children's education during the Covid-19 pandemic may have set back the chances of increasing global economic growth by up to 40 years, according to the Organisation for Economic Cooperation and Development (OECD).

Economy

UK house prices rise for fourth month running on lower mortgage rates

Northern Ireland saw the highest growth within the UK, where house prices increased by about 5.3% annually.

Business

BP sees profits for 2023 plunge, but still second highest in decade

BP has been trying to transition into renewable and more sustainable energy for some time but has suffered a series of setbacks.

Economy

Where in Europe do people pay the highest taxes?

Euronews Business takes a closer look at tax across Europe to see where people are paying the most - and the least.

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Economy

Turkey inflation for January climbs as housing and utility prices rise

Turkey's inflation figures for January continued to climb as prices for housing and utility services rose further.

Business

Tesla recalls millions of cars over warning light glitch

Tesla has been forced to recall some 2.2 million cars in the US, because of its warning lights' font sizes not being correct.

Economy

Why is Spain struggling with increasing unemployment?

Spain’s unemployment inched up by 2.2% (60,404 people) in January as the country continues to deal with lower productivity.

Economy

Inflation has slowed in the Eurozone in January

Energy prices dropped in January, helping keep inflation down in the bloc.

Business

HSBC hit with £57 million fine for not protecting deposits

HSBC neglected to adequately protect customer deposits from around 2015 to 2022, leading to the PRA issuing its second largest fine ever.

Markets

Flutter starts trading on NYSE: Will it stick with London too?

As Flutter moves over to the US, there's questions over whether the company will now end its London listing.

Economy

Middle East tensions fuel chances of oil price surge

Following a drone attack on a US airbase in Jordan, the Middle Eastern conflict could get worse. US President Joe Biden says his country "will hold all those responsible to account at a time and in a manner of our choosing".

Markets

Markets’ week ahead: European stocks slip ahead of Fed rate reveal

The US Federal Reserve is expected to announce its interest rate decision on Wednesday, with speculations of a rate cut increasingly losing steam.

Economy

Weekly markets wrap: S&P 500 hits new records, luxury stocks soar

European markets benefited from spillover sentiment from US equities this week, as well as upbeat economic data.

Markets

Will entertainment stocks be a hit in 2024?

Entertainment stocks, such as Paramount Global, had a weak performance in 2023 - although this year could prove different as streaming and gaming sectors continue to evolve.

Economy

Turkey’s central bank hikes key interest rate to 45% to curb inflation

This hike is the latest move to control soaring inflation, which has left several households unable to afford basic necessities.

Economy

Cash set to make a comeback for Irish businesses

The policy is part of new legislation from Irish politicians to ensure the public has access to cash so that no shopper is "left behind".

Business

How some investors are gaining by betting on Trump’s success

Two stocks associated with Donald Trump surged as the former US president strengthens market sentiment on his 2024 comeback.

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

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.

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