Boeing offers staff 25% pay hike in bid to avoid strike
Boeing is offering its staff a 25% pay bump over a four-year contract, in a bid to avoid a strike that could potentially shut down its assembly lines as early…
Polish travel group eSky acquires Thomas Cook from Chinese owner
Polish travel platform eSky will acquire Thomas Cook from Chinese group Fosun for a total of £30m (€35.6m). “The online travel agency business in the United Kingdom…does not align with…
Oil prices sink to nine-month low amid global economic uncertainty
Crude prices slumped following weak economic data from the US and China, which dampened demand outlooks. Risk-averse sentiment continued to dominate global markets. Crude oil prices fell for the second…
German carmaker Porsche to build luxury residential tower in Thailand
The Bangkok apartment building will be the third of its kind, following Porsche’s iconic residential buildings in Stuttgart and Miami. The German luxury car maker Porsche has recently revealed the…
Week ahead in the markets: Eurozone to confirm the second quarter GDP
Global markets will focus on key economic data from the major economies, including the Eurozone’s final GDP for the second quarter, Switzerland’s inflation and economic growth, and the US jobs…
Where in Europe are best countries for setting up a new business?
Euronews Business reveals where in Europe entrepreneus may have an easier time dealing with the challenges of setting up a business. Starting a small or medium sized company in Europe…
Belgians pumped a record €22bn into government bonds last year: Was it a one-off?
Last year the Belgian government set a new record by selling debt direct to its citizens. All eyes are on what happens when it matures next week. Indebted governments endlessly…
Nvidia shares slide as guidance misses expectations
Nvidia surpassed market expectations with its quarterly results but fell short of analysts’ estimates for growth in the current quarter. As a result, its shares fell during extended trading hours,…
Leaked report shows half of EIB staff fear reprisals for whistleblowing
Staff at the Luxembourg-based EIB are hesitant to report incidents of bullying, harassment or fraud – FT. A leaked internal survey from the European Investment Bank shows that 50% of…
Canada to Impose 100% tariff on Chinese-made electric vehicles
In alignment with the United States, Canada announced a 100% tariff on Chinese-made electric vehicles (EVs), including those produced by Tesla. Tesla’s shares fell by 3% on Monday in response…