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Europe News

Brussels extends trade truce with US to avoid new-year tariffs

The European Union today extended its trade truce with the United States for a further 15 months, preventing tariffs on trans-Atlantic trade worth billions of euros from kicking in automatically on January 1.

19/12/2023

Economy

Spanish economy shows resilience as exports boom

Spanish exports exceeded €319.86 billion from January to October, an all-time high, according to government statistics released on Monday.

18/12/2023

Business

BP pauses oil cargo on Red Sea as missile attacks affect global trade

Global trade is suffering a major setback from missile attacks in the Red Sea, where 10% of the world's seaborne trade passes through.

18/12/2023

Economy

Euroviews. New India-Europe corridor brings opportunities and challenges alike

As the world moves towards "minilateralism" — meaning, small groups of countries cooperating to tackle collective issues or pursue goals — the IMEC presents the EU with an opportunity to grow its trade and improve its access to global markets, Osama Rizvi writes.

15/12/2023

Economy

Chinese exports increase for the first time in six months

The increase comes as a surprise to analysts expecting a drop of more than 1% in the world’s second-biggest economy.

07/12/2023

Economy

France trade deficit lifted in October by easing energy costs

The French trade balance improved by €200 million in October compared to the previous month. Euronews Business breaks down the latest economic data.

07/12/2023

Business

Why has Italy abandoned the New Silk Road project with China?

Italy exits the New Silk Road: Euronews Business explores what this agreement encompasses and which countries are still involved.

07/12/2023

Economy

Good news for the global economy in 2024? Here's the OECD's forecast

Euronews Business take a look at what the OECD projects in its latest analysis of the major global trends and prospects for the next two years.

29/11/2023

Economy

Here's why EU imports and exports are seeing a downturn

Euronews Business takes a look at some of the reasons why EU imports and exports have been decreasing.

23/11/2023

Markets

How a dark fleet of ships is helping Russia evade oil sanctions

A dark fleet, untraceable operators, and discounts helped Russian oil trade flow despite Western sanctions in the last 18 months.

16/11/2023

Business

Maersk to slash 10,000 jobs over difficult container trade environment

Maersk, the world’s biggest shipping company, plans to eliminate 10,000 jobs due to what it described as a challenging environment for container trade and logistics services.

03/11/2023

Economy

China's economy grew by 4.9% but its outlook is still gloomy

The world's second-largest economy expanded by 4.9% year on year in the third quarter, beating analysts’ forecasts but showing signs of slowing down.

18/10/2023

Europe News

EU must close raw materials deals to avoid being ‘weaponized' - Breton

The EU risks being ‘weaponized’ by other nations unless it moves urgently to close more trade deals for the supply of critical raw materials, EU commissioner for internal market Thierry Breton said on Thursday.

28/09/2023

Brussels, My Love?

Brussels, my love? Ursula von der Leyen looks back on policy promises

In this edition of our talk show Brussels, my love, we pick apart the EU Commission president's State of the Union speech and discuss a European Parliament report that calls prostitution a form of abuse and not a job.

16/09/2023

Europe Decoded

Everything we know about the EU inquiry into Chinese electric cars

It was the big surprise of the State of the Union speech: the European Union is launching a trade inquiry into Chinese electric vehicles.

14/09/2023

Europe News

EU trade with Russia drops to below 2% of share - Eurostat

The EU's trade with Russia has dropped to its lowest levels since the start of the war in Ukraine, with Russia's share in EU imports and exports now below the 2% mark, according to the EU's statistical office Eurostat.

01/09/2023

Business

BRICS wants an increased influence that the West cannot ignore anymore

Six new countries are set to join the BRICS to make their presence felt on the global economic stage. But the Western world’s sustainability goals might suffer the consequences.

29/08/2023

Ukraine

Ukraine war: ships leave Odesa, star pilots killed, drone crash

The latest developments from the war in Ukraine.

27/08/2023

Europe News

Lula berates the EU for making 'threats' in talks for Mercosur deal

Brazilian President Luiz Inácio Lula da Silva criticised the European Union for making environmental demands during negotiations of a free trade deal.

19/07/2023

Europe News

Cost of living crisis took its toll on EU households in 2022

The EU's official statistics agency on Monday released its annual key figures for Europe providing a snapshot of the continent's economic and societal health over the past 12 months. We picked out those you must know.

17/07/2023