Business

Economists agree that a Trump presidency could weaken the euro against the dollar, with some analysts predicting parity if Republicans gain full control of Congress. While the euro strengthened during Trump’s first term, conditions now could drive it lower. ADVERTISEMENT Economists broadly agree that a Trump victory in the US elections would be likely to weaken the euro against the …

In its latest proposed contract, Boeing is offering pay raises of 38% over four years, as well as ratification and productivity bonuses. ADVERTISEMENT Factory workers at Boeing are voting on whether to accept a new offer or to continue a strike that has lasted more than seven weeks and shut down production of most Boeing passenger planes. A vote to …

Markets are poised for high volatility this week due to the upcoming US election and key central bank decisions. Below is an outline of crucial market events and potential trends for the days ahead. ADVERTISEMENT The US presidential election is set to drive significant market volatility this week, as investors brace for risk hedging and position adjustments depending on the …

Euronews Business explores how the E1 electric boat racing championship is making the sport more sustainable. ADVERTISEMENT The world’s first electric boat racing championship, the UIM E1 World Championship, recently concluded its fifth race at Lake Como, in Italy. Actor Will Smith was there to see his team – Westbrook Racing – secure its first win on the final day …

As the US prepares to elect a new president, many analysts have outlined what a Trump victory could mean for the global economy. What, on the other hand, could Europe expect from Harris? ADVERTISEMENT “My presidency would not be a continuation of Joe Biden’s presidency,” said Democratic candidate Kamala Harris last month, speaking to Fox News. In terms of domestic …

The Nordic countries along with the Baltic region are both leading contenders in the contest to become Europe’s centre for digital technology. ADVERTISEMENT In the intensely competitive battle to reap the rewards from digital technology and innovation, Europe is constantly on the look out for new unicorns. These are the privately owned tech start-ups valued at more than $1bn (€920m).  …

The US election will certainly impact stock markets and government bonds. Here’s a detailed look at the potential reactions of these financial instruments under different outcomes. ADVERTISEMENT Markets have been preparing for the US presidential election throughout the month, with mounting uncertainties creating significant volatility. The close race between Trump and Harris has led investors to shift towards safe-haven assets …

Colm McLoughlin, the Irishman who led Dubai Duty Free to become an airport retail giant. ADVERTISEMENT The Irishman who landed in the deserts of the United Arab Emirates and helped lead Dubai Duty Free into becoming an airport retail behemoth generating billions of dollars, has died. Colm McLoughlin was 81. McLoughlin ran Dubai Duty Free from 1983 until he retired …

Microsoft said that the new roles at its Dublin office will focus on cybersecurity and artificial intelligence (AI). ADVERTISEMENT Microsoft is to create 550 new roles within engineering and research and development at its Dublin office over the next three to four years. The new posts will focus on cybersecurity and artificial intelligence services which will then be offered to …

Market sentiment soured amid uncertainties surrounding next week’s US election, exerting pressure on stock markets. The euro strengthened due to rising inflation, while the US dollar weakened ahead of the upcoming non-farm payroll report. ADVERTISEMENT Global markets extended their losses for the week, with uncertainties surrounding the impending US presidential election. Major benchmarks across the US and Europe appear set …