Business

The proposal, submitted last week, is a revision of an earlier plan the artificial intelligence startup presented to TikTok’s parent ByteDance on 18 January, a day before the law that bans TikTok went into effect. ADVERTISEMENT The first proposal, which ByteDance has not responded to, sought to create a new structure that would merge San Francisco-based Perplexity with TikTok’s US …

Novo Nordisk announced positive trial results for its next-generation obesity drug, leading to a 7.13% surge in its share price on Friday. ADVERTISEMENT Europe’s largest pharmaceutical firm, Novo Nordisk, revealed positive trial results for its next-generation obesity drug, amycretin, marking a major step in its competition within the increasingly heated weight-loss drug market, particularly against its US rival Eli Lilly. …

Teacher salaries, when adjusted for inflation, have declined in many European countries in recent years. Euronews Business looks at these trends over time. ADVERTISEMENT Secondary classroom teacher recruitment in 2023/24 reached only half of its target in England, according to the National Foundation for Educational Research (NFER) report. Teaching was ranked as the best job in the UK for 2025 …

From a difficult childhood in Cameroon to becoming one of the best combat sports champions of his time, Francis Ngannou holds the record of 18 MMA fight wins. ADVERTISEMENT The mixed martial arts champion and professional boxer has triumphed over extraordinary obstacles to become the athlete he is today. Francis is committed to developing MMA in Africa. Through the Francis …

The CEO of Huawei Europe spoke to Euronews’ business editor, Angela Barnes, in Davos about the pending Trump-era tech challenges and whether the group is prepared to tackle them. ADVERTISEMENT At an exclusive roundtable lunch in Davos this week, Kenneth Fredriksen, the CEO of Huawei Europe, spoke to Euronews Business about the return of Donald Trump to the White House …

The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. ADVERTISEMENT The eurozone should look to the United States if it wants to compete more effectively for global investment, said managing director of the International Monetary Fund (IMF) Kristalina Georgieva, on Friday. “The United States has a culture of confidence. Europe …

Tesla has revealed a new premium model Y version, first launched in China, which comes with a range of improved features. ADVERTISEMENT EV manufacturer Tesla launched a new version of its Model Y in Europe, the US and Canada on Thursday, after already having introduced it in the Chinese market some weeks earlier. The Model Y is currently Tesla’s best-selling …

Business activity in the eurozone is now expanding for the first time since August 2024, although the upturn remains modest. ADVERTISEMENT There are modest signs of improvement in business activity in the eurozone, according to new data from the Hamburg Commercial Bank (HCOB). The preliminary Composite PMI, an indicator of economic health, rose from 49.60 in December to 50.20 in …

The US aircraft manufacturer closed last year with a steep loss and weak sales, according to preliminary figures released by the company. ADVERTISEMENT The aircraft manufacturer Boeing, said it incurred nearly $3 billion (€2.85bn) worth of charges in the fourth quarter of 2024 due to a lengthy labour stoppage, job cuts and problems with a number of government programmes. As …

Stronger wages have contributed to the decision by Japan’s central bank to raise rates to about 0.5%. The BOJ reiterated that it may in the future raise interest rates again, if required. ADVERTISEMENT The Bank of Japan (BOJ) raised its key interest rate to about 0.5% from 0.25% on Friday, noting that inflation is holding at a desirable target level. …