The employment rate in the EU reached a historic high of 74.6 % in 2022, according to new data from Eurostat. But which regions are faring better than others? ADVERTISEMENT…
Day: November 12, 2023
Hermès outshines luxury rivals amid sector slowdown
French company surprises as global economic uncertainty drags down luxury fashion segment. ADVERTISEMENT Hermès has reported third-quarter sales of €3.37 billion, up by 15.6%, surpassing analysts’ expectations. The announcement comes…
Businesses are right to worry about the EU’s new climate tax mechanism
The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. With CBAM now preliminarily in force, a…
Green(washing) bonds in Brazil: How European banks are linked to deforestation and slavery
Environmental campaigners have dragged controversial investments into the spotlight, claiming that major European banks are linked to businesses that harm threatened species, engage in deforestation and other questionable environmental practices.…
Stellantis to invest €1.5 billion in Chinese EV manufacturer Leapmotor
Stellantis plans to invest about €1.5 billion in Leapmotor, a Chinese electric vehicle manufacturer, the companies said late on Wednesday. ADVERTISEMENT The European-based maker of Jeep and Ram and Leapmotor…
Mixed results for European banks against difficult economic backdrop
Deutsche Bank, Barclays, and Lloyds have all released their third-quarter results this week. Euronews brings you the essentials. Deutsche Bank ADVERTISEMENT Deutsche Bank shares were up by 7% on Wednesday…
Autoworkers reach deal with Ford, a breakthrough toward ending strikes against Detroit automakers
The United Auto Workers union said on Wednesday it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly 6-week-old strikes against Detroit…
Saudi Arabian football club Al-Hilal makes record €330 million bid for France striker Kylian Mbappe
The bid for Mbappe would make him the most expensive football player in history, overtaking the €236.5 million PSG paid for Neymar, who joined from Barcelona in 2017. ADVERTISEMENT After…
Europe’s central bank halts rate hikes as Israel-Hamas war casts a shadow over the economy
The European Central Bank left its rates unchanged on Thursday, marking a pause in its restrictive monetary policy after 10 increases since July 2022. ADVERTISEMENT The European Central Bank (ECB)…
Women’s World Cup: Philippines stun co-hosts New Zealand with 1-0 victory
Sarina Bolden’s goal proved decisive in their 1-0 win over New Zealand, spoiling the party for the co-hosts. ADVERTISEMENT The Philippines made history at their first Women’s World Cup with…
