Business

Price pressures eased more than expected in February, a relief for US consumers concerned about looming tariff effects. ADVERTISEMENT US inflation slowed last month for the first time since September and a measure of underlying inflation fell to a four-year low, even as widespread tariffs threaten to send prices higher. The consumer price index increased 2.8% in February from a …

Can young women revolutionise the world of tech? According to Tara Chklovski, CEO of Technovation, the answer is yes – it’s simply a matter of providing them with the same funding and networking opportunities as men. 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, …

The Latvian firm is the first European airline to introduce in-flight Wi-Fi powered by Elon Musk’s Starlink. ADVERTISEMENT AirBaltic CEO Martin Gauss has defended the firm’s decision to partner with Space X’s Starlink to provide in-flight internet to customers. “It made…some controversial headlines because Elon Musk is the owner of that company. But the technology, of course, is outstanding,” he …

Euronews Business takes a look at how European and global markets are performing on Wednesday, amid escalating trade tensions and talks on Ukraine. ADVERTISEMENT European markets inched higher on Wednesday morning as increased optimism over a possible ceasefire in Russia’s war in Ukraine boosted investor sentiment.  Britain’s FTSE 100 rose by around 0.4% on Wednesday afternoon, while Germany’s DAX index …

Northvolt said it had faced “significant internal challenges in its ramp-up of production”. ADVERTISEMENT Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities. The firm said that it had made an “exhaustive effort…to secure a viable financial and operational future for the company”, but it had experienced a number of “compounding challenges”. …

Volkswagen AG concluded 2024 with lower operating results but slightly increased sales revenue. The carmaker presented its plans to navigate the challenges coming from the US and China, but they haven’t factored in tariffs for 2025. ADVERTISEMENT Tumbling operating profit, a lower dividend and slightly increased sales revenue were among the announcements from struggling German carmaker VW in its latest …

Euronews Business takes a look at how European and global markets are performing on Tuesday, amid escalating global tariff tensions. ADVERTISEMENT European markets opened mostly mixed on Tuesday morning as investors consider how US President Donald Trump’s decisions on tariffs will impact company stocks – and the wider economy. Britain’s FTSE index opened 0.10% lower on Tuesday morning, while Germany’s …

New 25% tariffs on steel and aluminium imports into the United States are set to take effect on Wednesday. ADVERTISEMENT Japan’s trade minister said Tuesday that he had failed to win assurances from US officials that his country will be exempt from tariffs, some of which will take effect on Wednesday. Yoji Muto was in Washington for last ditch negotiations …

Wall Street tumbled amid tariff-driven recession fears in the US economy, triggering sharp selloffs in the big tech stocks, wiping out billions of euros in market valuation. ADVERTISEMENT Recession fears mounted as the global trade war escalated following a series of US tariffs and retaliatory measures taken by China and Canada last week. Wall Street tumbled on Monday, with the …

UK firms are reluctant to hire due to subdued growth prospects and rising labour costs, two new studies show. ADVERTISEMENT UK vacancies continued to decline in February as businesses paused or slowed their hiring plans due to a subdued economic outlook and rising payroll costs.  According to KPMG and REC’s latest job market survey, the number of vacancies fell for …