ECB in Focus as US CPI Dims Fed Jumbo Rate Cut Outlook
European markets are bracing for a hawkish stance from the European Central Bank (ECB) as the impact of unexpectedly high…
Category: Business
Sánchez calls for reevaluation of EU tariffs on Chinese EVs
“We don’t need another war, especially a trade war. What we truly need is to foster bridges between the European…
German Chancellor Scholz emphasizes immigration for economy
On Wednesday morning, German Chancellor Olaf Scholz delivered a significant speech in the Bundestag, addressing pressing issues such as migration,…
Germany political instability reduces investor confidence
The increasing popularity of populist parties in Germany, such as the Alternative for Germany (AfD) and the Alliance Sahra Wagenknecht…
UK average pay growth hits two-year low
Euronews Business delves into the recent decline in the growth of the UK’s average earnings, excluding bonuses, which has fallen…
Germany inflation rate hits lowest level in over three years
Recent news has sparked optimism for a potential interest rate cut by the European Central Bank (ECB) as the policy…
Bank of France Deputy Governor Discusses Central Bank Challenges
Agnès Bénassy-Quéré, the deputy governor of the Bank of France, recently engaged in a conversation with Euronews’ Angela Barnes regarding…
UK jobs market faces worst month in over a decade
The UK’s job market continues to show signs of weakness, experiencing a decline for the 14th consecutive month as of…
Europe luxury market faces challenges as China’s growth slows
In August, China revealed consumer price growth that fell short of expectations, indicating persistent weakness in domestic consumer demand. This…
German economy struggles as more job cuts are expected
Recently, news broke that Volkswagen (VW), Europe’s largest automotive manufacturer, is contemplating the closure of two of its production plants.…
Hungary industrial decline worsens as car production falls
The future outlook for the Hungarian industrial sector appears grim, as the recent improvement in output is likely just a…
UK house prices reach two-year peak after summer boost
The August Halifax House Price Index has uncovered which regions in the UK are experiencing significant growth in house prices,…
ECB Rate Cut More Likely as Eurozone Growth Revised Down
Eurozone growth for the second quarter of 2024 was revised down to a modest 0.2%, indicating a slowdown in economic…
Eurozone retail sales rise in July as euro gains against dollar
Eurozone retail sales experienced a modest increase of 0.1% in July 2024, marking a recovery from a 0.4% decline in…
Turkish inflation rate drops fueling expectations for rate cuts
Annual inflation in Turkey has been on a downward trend since June, yet the figure for August remains more than…