Business

AI recruiters will make work more accessible, Nancy Xu says

AI recruiters will make work more accessible, Nancy Xu says

How will AI agents reshape work and transform hiring processes? My Wildest Prediction explores the topic with Nancy Xu, founder and CEO of Moonhub, a company specialising in AI-driven recruitment. ADVERTISEMENT My Wildest Prediction is a podcast series from Euronews Businesswhere we dare to imagine the future with business and tech visionaries. In this episode, Tom Goodwin talks to Nancy Xu, …

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European markets stay steady despite French government’s collapse

European markets stay steady despite French government's collapse

The French stock markets showed no immediate reaction to the political turmoil in the country. ADVERTISEMENT Despite the fall of Michel Barnier’s government on Wednesday, the Paris Bourse rose on Thursday with the leading CAC 40 index up 0.65% around 10am, having climbed 0.66% on the previous day. The euro, too, was little changed. Earlier, the French benchmark stock index …

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Bitcoin tops $100,000 as big rally sparked by Trump election win rolls on

Bitcoin tops $100,000 as big rally sparked by Trump election win rolls on

The milestone comes just hours after the President-elect signalled a lighter regulatory approach to the crypto industry when he said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair the Securities and Exchange Commission (SEC). ADVERTISEMENT Bitcoin has topped the $100,000 mark as a massive rally in the world’s most popular cryptocurrency sparked by the election …

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Eli Lilly shares rise as Zepbound weight-loss test shows solid success

Eli Lilly shares rise as Zepbound weight-loss test shows solid success

Lilly said patients taking Zepbound lost about 20% of their weight on average compared with nearly 14% for Wegovy. The drug maker also said more patients taking Zepbound achieved at least 25% weight loss. ADVERTISEMENT Shares of Eli Lilly climbed on Wednesday after the drug maker detailed a study showing that its blockbuster weight-loss drug Zepbound helped patients shed more …

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Italian deputy PM blames Agnelli family for Stellantis problems

Italian deputy PM blames Agnelli family for Stellantis problems

Matteo Salvini, Italy’s deputy prime minister and minister of infrastructure and transport, has criticised the Agnelli family over car maker Stellantis’ problems, as the company continues to struggle with weaker sales and falling demand. ADVERTISEMENT Italian deputy prime minister Matteo Salvini has said the Agnelli family should be held as responsible for Stellantis’ issues as the car company’s now ex-chief …

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General Motors takes billion-dollar hit over losses in China

General Motors takes billion-dollar hit over losses in China

China has become an increasingly difficult market for foreign car makers, with BYD and other domestic companies raising their quality and cutting costs. The country is now also subsidising its own domestic car makers. ADVERTISEMENT General Motors has announced it is having to take a restructuring charge of more than $5bn (€4.8bn) and write down assets in the fourth quarter …

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German AI company Helsing moves into attack drone market

German AI company Helsing moves into attack drone market

Helsing’s new strike drone launch comes as the company tries to capitalise on the growing interest in autonomous weapons, the effectiveness of which has been highlighted by the war between Russia and Ukraine. ADVERTISEMENT German artificial intelligence (AI) and security company Helsing has launched its first strike drone, named HX-2.  The move comes as the company attempts to take advantage …

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Bank of America signs again with FIFA for US-hosted Club World Cup

Bank of America signs again with FIFA for US-hosted Club World Cup

While games at the next World Cup, co-hosted with Canada and Mexico, will be watched by hundreds of millions globally mostly on free-to-air public networks, the Club World Cup broadcast picture is unclear. ADVERTISEMENT World Cup sponsor Bank of America has teamed with FIFA for a second time, signing for the Club World Cup that still has no broadcast deals …

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Why the euro’s seasonal December rally could be at risk this year

Why the euro's seasonal December rally could be at risk this year

December has traditionally been the euro’s strongest month, with consistent gains driven by US dollar weakness. However, political instability in Europe, US tariff threats, and global geopolitical tensions may challenge the euro’s usual seasonal rally this year. ADVERTISEMENT December has historically been the strongest month of the year for the euro, with the single currency gaining an average of 1.6% …

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Trump names billionaire investment banker as ambassador to Britain

Trump names billionaire investment banker as ambassador to Britain

Warren Stephens is head of Stephens Inc, a privately owned diversified financial services firm. Its headquarters are in Little Rock, Arkansas. ADVERTISEMENT President-elect Donald Trump has named billionaire investment banker Warren Stephens as his envoy to Britain, a prestigious posting for the Republican donor whose contributions this year included $2m (€1.9m) to a Trump-backing super political action committee (PAC). Trump, …

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