Business

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 US president-elect, a climate sceptic, is likely to hinder global progress on the green transition. Even so, there may be a silver lining for Europe. ADVERTISEMENT As world leaders meet for the UN’s annual climate summit this week, hitting green targets may seem like an increasingly difficult task. Hosting COP29 this year is Azerbaijan, a country that champions oil …

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 …

The French competition watchdog warns artificial pricing is unhelpful for consumers and stifles market rivalry. The energy regulator disagrees. ADVERTISEMENT The French government should prepare to abolish regulated power tariffs (TRVs), the Autorité de la Concurrence, the nation’s competition watchdog has said. In a statement published on Tuesday, the regulator said that the mechanisms “blur the price signals that should …