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Economics at euronews.com

Tuesday, Sep 24

09

Fossil fuel investment could cost extra under EU insurance plans

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EU insurance regulator Eiopa is considering hiking capital charges on oil and gas bonds by up to 40%, as it seeks to prepare the industry for net-zero.

Oil prices looking sticky as weaker economic data disappoints

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Crude oil markets are facing downward pressure following the release of weak manufacturing and services data from major economies. Meanwhile, escalating conflicts in the Middle East and additional stimulus measures from China have provided…

08

Sour taste for sweet eaters and smokers as Slovak price hikes approved

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Slovakia's parliament passes new law to increase the price of sugary drinks and tobacco products in order to help cut the country's budget deficit.

07

Consumer group asks for Meta to act on fake ads

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Meta is not acting on fake online ads, which breaches the Digital Services Act (DSA), claims Dutch consumer group Consumentenbond.

Monday, Sep 23

20

What is the UN's Global Digital Compact and what does it mean for AI and tech companies?

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The UN’s Summit of the Future has put tech and AI governance high on the multinational body's global agenda.

18

No more free food on flights? This European airline is trialling a buy-on-board programme

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This airline will no longer serve free meals on certain flights.

17

Major new UN pact reaffirms global commitment to transition away from fossil fuels

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The 42-page plan for the UN's 193 member states to work together in addressing the most significant global challenges has been years in the making.

UniCredit risks Berlin's wrath to raise stake in Germany's Commerzbank

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If the deal wins approval, it will make the Italian bank Commerzbank's largest shareholder - to the dismay of the German government.

13

Brussels takes China to the WTO over 'questionable' probe into EU dairy products

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The call for WTO consultations comes as EU and Chinese officials step up talks on the dispute around electric vehicles.

Trump says he won't run for president again if he loses in 2024

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The comments stand out because Trump rarely acknowledges the possibility he could legitimately lose an election, falsely claiming instead that he could only be beaten by cheating.

12

French PM Barnier signals intention to raise taxes for the wealthy

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"The French people want and need tax justice," Michel Barnier noted after his recent appointment, looking for ways to plug France's budget deficit.

Eurozone business activity contracts in September as Olympic boost fades

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Eurozone business activity contracted in September, and weaker demand eased inflationary pressures. This supports the case for a European Central Bank (ECB) rate cut in October, seen as needed to encourage growth.

09

DAX may face pressure amid rising economic and political uncertainties

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Germany's stock market has continued to reach new highs, buoyed by the easing monetary policies of global central banks. However, political and economic challenges may limit further gains.

08

Markets lookahead: Global manufacturing PMIs, SNB, and RBA rate decision

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This week is packed with key economic data and events, including manufacturing and services PMIs from major economies, alongside interest rate decisions from the Swiss National Bank (SNB) and the Reserve Bank of Australia (RBA).

Coffee prices on the boil as natural disasters decimate crops

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Europe's coffee lovers are bracing themselves for higher prices as natural disasters hit the world's top two coffee-producing countries.

The Big Question: Estonia has the most tech unicorns per capita in Europe - what’s their secret?

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Digitalisation has made the country a hub for tech unicorns, Sandra Saräv, Estonia's deputy minister for Economy and Innovation, explains how they did it.

Sunday, Sep 22

23

Cyprus to join European power grid following interstate agreement with Greece

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'The Electricity Connection will contribute towards lifting the energy isolation of Cyprus and connecting the national electricity transport system with the respective European ones. A work of strategic importance for Cyprus, Greece, but…

08

Want a job? You may no longer need a degree, according to LinkedIn

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Hiring patterns for businesses in the UK have changed in recent years. Increasingly, employers are happy to recruit staff who do not have a degree. Euronews Business looks at the reasons behind the change.

Saturday, Sep 21

10

Explained: How the EU will tap into Russia's frozen assets to raise €35 billion for Ukraine

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The profits made by Russia's frozen assets are the key behind the €35 billion loan that the EU has promised to Ukraine.

Friday, Sep 20

20

State of the Union: Will the new Commission stick to its climate policy goals?

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This edition of State of the Union focuses on the catastrophic floods in central Europe, the presentation of the EU commissioners-designate and the economic power of the European Green Deal. #StateOfTheUnion

19

ECB's Lagarde predicts inflation to hit 2% target next year

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ECB President Christine Lagarde praised the "remarkable" unwinding of inflation with minimal job losses, projecting inflation to hit target by 2025. However, she warned that significant uncertainties remain.

17

Critics slam Mario Draghi's landmark EU competitiveness report as 'one-sided'

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Draghi is being accused by various stakeholders of not including voices from all parts of Europe in his landmark report.

‘Exciting’ solar breakthrough means energy can be kept in sustainable batteries that don’t overheat

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It builds on previous research showing solar energy can be stored for up to 18 years.

16

Owner of exploding pager firm under Hungarian protection, mother says

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Cristiana Bársony-Arcidiacono's company came under scrutiny after a Taiwanese firm said it had authorised BAC Consulting to use its name on the pagers that were detonated in fatal attacks in Lebanon and Syria.

Is the Entry/Exit Scheme delayed again? What travellers need to know about new EU border checks

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If the EES becomes operational in autumn, non-EU travellers entering the Schengen Area will have to go through new scanners at EU borders.

15

ING pledges to stop financing new upstream oil and gas projects

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ING says it would no longer be offering finance to pure-play oil and gas companies for explorations or developments in new fields, as part of its move to help support the transition to green energy.

13

Mercedes-Benz shares fall as German carmaker lowers full year outlook

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The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for the full year because of weakness in Chinese demand for its vehicles.

11

Pound rockets to more than two-year high after BoE rate decision

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Sterling soared to its highest level in two and a half years against the US dollar after the Bank of England held its interest rate steady, diverging from the Federal Reserve’s substantial rate cut.

Volkswagen denies plans to cut 30,000 staff from its workforce

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Earlier this month, CEO Oliver Blume told employees that the company needed to end a three-decade-old job protection pledge that would have banned layoffs until 2029.

10

Markets weekly recap: Risk-on sentiment boosted by Fed’s outsized rate cuts

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Global stock markets are set for a positive weekly close following the Fed’s jumbo rate cuts. The Bank of England’s hawkish rhetoric has kept the Pound at a two-and-a-half-year high.