Business

Aspen Insurance has became the latest company to choose to list on the New York Stock Exchange instead of the London Stock Exchange, mainly because of higher valuations and less rigid listing requirements in the US. ADVERTISEMENT The London Stock Exchange (LSE) has been hit with a new blow following another key UK company, Aspen Insurance, a Lloyd’s of London …

Germany’s inflationary pressures resurged strongly in December, exceeding forecasts and reaching an 11-month high, with latest data signalling a persistent challenge for policymakers at the European Central Bank. ADVERTISEMENT Germany’s inflation figure hit 2.6% in December, its highest level in 11 months and surpassing forecasts of 2.4%. Core inflation edged up to 3.1%. Markets reacted as Bund yields hit 2.45% …

Nyobolt is one of several UK-based EV battery companies that are struggling to compete with Chinese EV and battery rivals, especially when it comes to raising funds. ADVERTISEMENT Nyobolt, a British electric vehicle (EV) battery manufacturer has revealed that it could deplete its cash resources by the end of the first quarter, unless new funding is obtained.  The company spun …

The services proposed by SpaceX may include encryption for telephone and internet communications used by the Italian government and military. The deal has been under review since mid-2023 but has faced opposition from local telecommunication providers. ADVERTISEMENT The Italian government is advancing negotiations for a €1.5bn telecommunications security services deal with Elon Musk’s SpaceX. The development follows Prime Minister Giorgia …

Regional disparities in housing costs as a share of disposable income vary widely across countries. While the UK has the largest gap, it also includes some of the regions with the lowest cost proportions. ADVERTISEMENT Housing and living crises have gripped Europe in recent years, with inflation in 2022 reaching its highest levels in more than four decades in the …

Electric vehicle company BYD has announced record sales for the last year, boosted by rising Chinese demand, as well as government trade-in deals. ADVERTISEMENT China’s biggest electric vehicle (EV) maker BYD revealed record sales of both hybrids and EVs worldwide in 2024, supported by soaring domestic demand, as well as the success of government trade-in programmes. The car maker also …

Low-cost UK airline EasyJet is planning to try out a new lightweight painting method, in an effort to save on fuel usage and cut overall aircraft weights. ADVERTISEMENT The method will mainly cut the number of coats needed per plane to paint the iconic EasyJet white and orange design. The budget airline is working with Mankiewicz Aviation Coatings for the …

The euro declined further against the US dollar to a fresh low in over two years amid concerns about the Eurozone’s economy, Trump’s tariffs, and monetary policy discrepancy between the ECB and the Fed. ADVERTISEMENT The euro declined 0.9% against the US dollar, reaching mid-1.02, its lowest level since 21 November 2022 on Thursday. The common currency extended weakness against …

Information and Communication Technology (ICT) specialists are by far the most in-demand professionals, making up 9% of all online job advertisements. Euronews Business takes a closer look at job ads and the most requested skills in the EU. ADVERTISEMENT Are you currently unemployed and searching for a job? Perhaps you’re considering a career change, or maybe you’re a at the …

European natural gas futures climbed the highest since October 2023 after Russian gas flows to Europe via Ukraine stopped on New Year’s Day. ADVERTISEMENT The price of the Dutch TTF, the benchmark European natural gas climbed by more than 4% to €51 per megawatt-hour, its highest level since October 2023, before easing a little, on the first trading day after …