Economy

Economy

Hungary's new government pushes for euro by 2030

Hungary's new leadership wants the country to adopt the euro by the end of the decade while repairing strained ties with Brussels. But with a weak economy and tight deadlines, experts warn the path will be steep.

DW News 5 months ago

Economy

Oil slips on renewed peace hopes as AI boom fuels stock market rally

Oil prices dipped after US President Donald Trump's latest words fuelled hopes a for renewed peace talks with Iran. At the same time, stock markets and especially tech stocks were benefiting from the ongoing positive investment sentiment fuelled by...

Euronews 5 months ago

Economy

G7 trade ministers meet in Paris as global tensions and tariff threats mount

G7 trade ministers have gathered in Paris as global economic tensions intensify, with talks set to focus on critical minerals, industrial policy and trade resilience. The meeting comes against a backdrop of Middle East turmoil and renewed US tariff...

France 24 5 months ago

Economy

Asian Development Bank announces €65bn regional investment plan across Asia

At its annual meeting in Samarkand, the Bank outlined a programme focused on cross-border energy and digital infrastructure. Officials detailed economic projections and new agreements while expanding regional investment priorities

Euronews 5 months ago

Economy

EU trade chief urges US to ‘swiftly’ restore 15% tariff arrangement

EU Trade Commissioner Maroš Šefčovič met US Trade Representative Jamieson Greer ahead of what is expected to be a tense round of negotiations between EU countries and MEPs over the implementation of the EU-US trade deal, as Washington pushes the EU...

Euronews 5 months ago

Economy

EU split over market supervision threatens competitiveness plans

Despite intensifying debate in Brussels on reaching agreement over more harmonised rules for capital markets supervision, member states remain divided, risking delays to Europe’s competitiveness agenda.

Euronews 5 months ago

Economy

This airline will pay pilots up to $100,000 a year to move, not fly, aircraft

British Airways is recruiting experienced wide-body pilots to taxi aircraft between terminals at Chicago O’Hare, for one of the most unusual aviation jobs out there, offering a decent salary without ever taking off.

Euronews 5 months ago

Economy

EU finance ministers urge caution amid Trump tariff threats and trade tensions

EU finance ministers meeting in Brussels on Monday and Tuesday sought to downplay US president Donald Trump’s fresh tariff threats. Some viewed his announcement as yet another post on social media by the US President.

Euronews 5 months ago

Economy

Airline's plan for fuel surcharge raises questions of legality

As jet fuel prices continue to skyrocket, some airlines, such as Spanish budget carrier Volotea, have decided to add a fuel surcharge on tickets, even on those that have already been purchased. But while the idea may help offset rising costs, some...

France 24 5 months ago

Economy

Italy’s PM Meloni visits Baku to reinforce key energy links

During her visit to Baku, the Italian premier said she wanted Azerbaijan to strengthen its role as an energy hub between Europe and Asia, with Italy serving as "the privileged gateway to the European market."

Euronews 5 months ago

Economy

‘The international order will be rebuilt’: European leaders scramble to shore up security

The European Commission's trade boss Maroš Šefčovič heads to Paris to talk business with a senior White House representative, while European Commission President Ursula von der Leyen and European Council President António Costa remain in Armenia to...

Euronews 5 months ago

Economy

Two years of DMA: is it really 'fit for purpose'?

On 28 April, the European Commission's first formal review of the Digital Markets Act (DMA) found it “fit for purpose”, noting its positive impact on consumers and competition. The Parliament calls for fast-tracking stronger enforcement amid...

Euronews 5 months ago

Economy

Middle East war live: Saudi Arabia calls for de-escalation after US–Iran clashes

Saudi Arabia called on Tuesday to de-escalate the conflict in the Middle East after Iran and the United States traded fire, rattling a fragile ceasefire. The United Security Council is set to hold a closed-door meeting on Lebanon later in the day...

France 24 5 months ago

Economy

Valve just imported 50 tons of game consoles in two days

We still don't know when Valve will launch the Steam Machine, but we may not have to wait too long. Valve just imported roughly 50 tons of "Game Consoles" into the United States in the two-day period between May 1st and April 30th, according to...

The Verge 5 months ago

Economy

GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it

Amid falling revenue and store closures, GameStop wants to buy the much larger eBay.

Ars Technica 5 months ago

Economy

Nigerian refinery accused of sacking union members is key to UK plan to tackle jet fuel shortage

Heidi Alexander says part of answer to strait of Hormuz crisis is importing more fuel from US and west AfricaA refinery in Nigeria accused of dismissing workers for joining a union has emerged as key to the UK government’s hopes of saving the summer...

The Guardian 5 months ago

Economy

Amazon’s trying to turn its massive shipping operation into another AWS

Amazon might have a part in delivering all kinds of stuff to your door soon, as its massive shipping network opens up to other companies outside its marketplace, more directly competing with giants like DHL, UPS, and FedEx. The new Amazon Supply...

The Verge 5 months ago

Economy

Why Saudi Arabia is withdrawing from sport

There are few major sports left that are not supported by investment from Saudi Arabia. But with the kingdom pulling out of golf and canceling planned events and contracts elsewhere, is the Saudi sports era over?

DW News 5 months ago

Economy

GameStop makes $56 billion offer to acquire eBay

GameStop has made an offer to acquire eBay for $56 billion, which comes as part of GameStop CEO Ryan Cohen's plan to transform the online marketplace into a "legit competitor to Amazon," he tells The Wall Street Journal. In an announcement on...

The Verge 5 months ago

Economy

EU and US trade chiefs to meet as tariff tensions escalate

The Turnberry deal is still under negotiation between EU governments and lawmakers before it can take effect on the EU side, and the Commission warned that if the US takes actions deemed inconsistent with the agreement, it reserves the right to...

Euronews 5 months ago