English

Indrabati Lahiri

Business

Unilever opts for primary listing in Amsterdam for ice cream business

Unilever has chosen Amsterdam over London for its ice cream business’ primary listing, in a new blow to the City of London's struggling initial public offering (IPO) market.

Economy

Service industry helps give late boost to UK's economic growth

The UK economy inched up slightly in the last quarter of 2024, ahead of market expectations. However, the country is still dealing with slower growth than some of its other G7 peers.

Economy

Global electric vehicle sales for January reveal US-driven spurt

Strong performance in the US as well as Europe contributed to robust worldwide electric vehicle sales in January but China saw softer growth.

Economy

EU remains key political and trade partner, says Kazakhstan president

The Kazakh president and the president of the European Council discussed key issues such as bilateral cooperation, as well as maintaining constructive dialogues.

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Business

TUI Group sees robust demand for package holidays in late 2024

TUI Group had a strong performance in the last three months of 2024, boosted by increasing demand for short and medium-haul destinations.

Economy

Property sector in danger? More countries may follow Spain's tax moves

France, Greece and Portugal could also follow Spain's lead and potentially make significant property tax changes in an effort to tackle their respective housing crises and make real estate more affordable to residents.

Business

Blow for Europe as Chinese EV makers fan competition with new deals

A number of Chinese electric vehicle companies have announced a range of promotions over the Lunar New Year holidays, such as better financing deals, in an effort to boost flagging sales.

Business

Nokia announces ex-Intel AI and data centre boss as new CEO

Nokia has shared that it has appointed a new chief executive officer (CEO), as the company attempts to venture more into the artificial intelligence market.

Economy

Trump to announce tariffs on steel and aluminium, with more coming

Trump's comments on 25% tariffs are the latest example of his willingness to threaten, and in some cases to impose, import taxes. Tariffs are coming much earlier in his presidency than during his previous four years in the White House, when he prioritised tax cuts and deregulation.

Business

Volvo CEO says 2025 will be a challenging year for motor industry

In a Euronews interview, the CEO of Volvo Cars warned that 2025 would be a tough one for the motor industry. He also shared his views on tariffs and the development of electric vehicle sales.

Economy

UK house prices reach record high driven by looming tax deadline

UK house prices surged in January, as buyers rushed to snap up properties ahead of the stamp duty increases being implemented from 1 April 2025 onwards.

Business

AstraZeneca reports strong results boosted by promising trials

AstraZeneca continued to see strong growth in 2024 on the back of a series of positive trials, as well as a solid pipeline of products.

Business

Pernod Ricard cuts sales outlook on geopolitical uncertainties

Pernod Ricard, along with several other major European drinks brands, has been dealing with faltering sales due to increased global uncertainty and an unfavourable foreign exchange market.

Business

Shein’s London listing at risk as Trump plans US tax changes

Shein and other fast fashion companies could be heavily impacted by new tax changes in the US, which could close a key loophole vital for their business models.

Business

Diageo plc warns of profits falling by millions if US tariffs go ahead

Diageo plc could be severely impacted by an escalating trade war in North America, as the market is currently its biggest source of net sales.

Economy

Turkey inflation falls for eighth month in a row as food prices dip

Falling housing and electricity prices also contributed to January's slowing inflation rate, as did a drop in recreation and culture prices.

Business

UniCredit dives in to take minority stake of Italian insurance group

UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in Commerzbank.

Economy

UK alcohol tax to jump from 1 February in new blow to industry

The UK’s alcohol sector is still struggling to recover from the lingering effects of the pandemic, as well as changing consumer preferences.

Markets

Could it cost you more to wake up and smell the coffee under Trump?

Apart from the Colombian tariffs threatened by US president Donald Trump, coffee prices have also been hit by poor harvests in Brazil which is one of the commodities main producers.

Economy

UK house prices see weak rise in January amid high interest rates

UK house prices have advanced marginally in January as buyers continue to struggle with affordability pressures.

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