Business

Healthcare companies such as GSK plc and tech companies such as Siemens AG were among the top losers on European markets on Wednesday morning. ADVERTISEMENT European markets opened downbeat on Wednesday morning amid escalating geopolitical tensions, especially in the Middle East.  Britain’s FTSE 100 opened 0.3% lower on Wednesday morning, with Compass Group plc, GSK plc and Flutter Entertainment being …

Nvidia’s shares fell despite unveiling its next-generation artificial intelligence chips at the annual GPU Technology Conference (GTC), highlighting the risk-off sentiment-driven markets. ADVERTISEMENT On Tuesday, Nvidia announced its new generation of artificial intelligence (AI) chips, designed to power future advancements in robotics and self-driving cars at the annual (GTC) in San Jose, California. However, its shares fell more than 3% …

The latest Bank of America Fund Manager Survey shows a record rotation from US to European equities, driven by Germany’s fiscal stimulus and rising defence spending. A net 60% of investors expect stronger European growth, marking a sharp sentiment shift. ADVERTISEMENT Investors are making a sharp pivot from the United States to Europe, betting that the era of American exceptionalism …

In nominal terms, Eastern and Southeastern Europe experienced the most significant increases in minimum wages between 2015 and 2025. Euronews Business examines how minimum wages have changed across Europe over the past decade. ADVERTISEMENT An adequate minimum wage is crucial for ensuring a decent standard of living for workers. But how have minimum wages changed in Europe from 2015 to …

With US support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300bn (€274bn) in frozen Russian assets. ADVERTISEMENT European leaders are considering whether frozen Russian assets could be used to compensate Ukraine, support its military and help rebuild shattered homes and towns. However, there is a long-standing debate surrounding the Kremlin assets that were frozen shortly …

Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn. ADVERTISEMENT The Bank of England is expected to hold rates steady at 4.5% this Thursday, following a quarter-point rate cut in February. Policymakers will be seeking to steer the UK away from stagflation, as growth remains weak and inflation sticky. Recent …

Germany is expected to pass a major spending bill on defence and infrastructure, allowing the country to unleash hundreds of billions of euros into the economy. Both the euro and Germany’s stock markets may maintain their uptrends amid optimism about the fiscal reform. ADVERTISEMENT The German stock market and the euro continued to rise ahead of Tuesday’s parliamentary vote on …

In this episode of Focus, we attended ITB Berlin 2025 and met tourism leaders who highlighted sustainability, technology, and new travel experiences shaping the future of global tourism. ADVERTISEMENT ITB Berlin 2025 brought together 6,000 exhibitors from 170 countries and highlighted key developments in global tourism. Patricia Yates, CEO of Visit Britain, presented film tourism as a way to attract …

Faced with persistent inflation and a slowing economy, the Federal Reserve finds itself in a tight spot ahead of its interest rate decision this week. ADVERTISEMENT When Federal Reserve officials last met in late January, things looked pretty good. Hiring was solid, the economy had just grown at a solid pace in last year’s final quarter. Inflation, while stubborn, had …

The OECD has lowered its eurozone GDP growth forecast to 1.0% for 2025, down from 1.3% in December, citing weak investment and rising geopolitical risks. Global growth is also revised down to 3.1% as trade disruptions weigh on sentiment. ADVERTISEMENT Europe’s economy is set for a weaker-than-expected recovery as trade disruptions and persistent inflation weigh on sentiment, according to the …