Business

EU new car registrations rose in October, boosted by robust performance in Germany and Spain. ADVERTISEMENT New car registrations in the EU inched up 1.1% in October, according to the European Automobile Manufacturers’ Association (ACEA)’s latest report, released on Thursday. This increase was mainly because of a rebound in Germany, where registrations grew 6%, after three months of decreasing sales. …

The price of Bitcoin reached $97,000 on Thursday, climbing 4.54%, marking an all-time high for the crypto currency. ADVERTISEMENT Bitcoin, considered part of the so-called ‘Trump trade’, has gathered pace since the US election outcome as investors have continued to gain confidence in political support for the crypto currency. At the time of writing, its price was at $97,000 (around …

Nvidia shares declined following strong quarterly results as investors set a high bar for earnings. A lower gross margin and slowing growth also contributed to the fall. ADVERTISEMENT Nvidia’s third-quarter earnings for fiscal 2025 once again showcased robust demand for artificial intelligence (AI) chips. However, capacity constraints and expectations for a lower profit margin failed to impress investors, causing the …

The job cuts, which will account for around 14% of the company’s total European workforce, are expected to happen by the end of 2027. ADVERTISEMENT Motor company Ford is to cut its workforce by 4,000 in Europe by the end of 2027, with the bulk of employees going in Germany, as it blames the decision on pressure from increased competition …

Jaguar’s big plans for the future include replacing its historic “growling cat” logo with a “leaping cat” one, as it attempts to bring modernism into its company design. ADVERTISEMENT Iconic car maker Jaguar has unveiled a new logo and monogram, as part of a new rebrand. The move is a “powerful celebration of modernism”, according to the company, and has …

The producer price index, which looks at the average change in selling prices that domestic producers get for their services and goods, was down for the 16th month in a row. ADVERTISEMENT German producer prices fell in October by 1.1% and in line with analyst expectations. That was slightly better than the 1.4% fall in September but still the 16th …

The ECB warns of mounting eurozone sovereign debt risks in its latest review, citing high debt levels, fiscal slippage, and weak growth. ADVERTISEMENT The European Central Bank (ECB) has raised the alarm over a potential resurgence of eurozone sovereign debt vulnerabilities, as elevated debt levels, sluggish growth, and fiscal slippage converge into a dangerous cocktail. In its latest November 2024’s …

Wero, the new European mobile payment system, has launched in Belgian banks this week. ADVERTISEMENT BNP Paribas Fortis, Belfius, ING and CBS are now offering customers in Belgium Wero through their apps, according to the European Payments Initiative. The digital wallet is also operational in Germany and France, enabling cross-border payments across Western Europe. It aims to become the first …

Inflation in the UK rose sharply to a six-month high in October, above BOE’s 2% target, scaling back bets that there will be further cuts in borrowing rates this year. ADVERTISEMENT Inflation in the UK climbed more than expected in October to 2.3% up from 1.7% in September, according to the Office for National Statistics (ONS), due to higher domestic …

Bruce Daisley is a best selling author on a mission to make the workplace more enjoyable. Based in the UK, he is a former VP of Twitter. Listen to episode two of the second season of My Wildest Prediction to find out more. ADVERTISEMENT My Wildest Prediction is a podcast series from Euronews Businesswhere we dare to imagine the future …