Author: Euronews

The EU and the US struck a long-awaited agreement on Sunday, establishing a 15% tariff on EU exports, with certain sectors exempted. However key details remain unclear.

The eye-watering prices of rent in city centres across Europe keeps increasing, with only five European cities having average rents below €2,000 for a three-bedroom apartment, according to a new report from Deutsche Bank.

Thousands of tonnes of ‘Rugulopteryx okamurae’, an invasive seaweed from Southeast Asia, are accumulating on the beaches of the Strait of Gibraltar and the southern coast of Spain, constituting what local ecologists describe as a serious threat to regional biodiversity.

Unemployment rates are higher among the general population than among university graduates across Europe—except in Turkey. Euronews Business looks at the data.

By&nbspEuronews&nbspwith&nbspAP Published on 26/07/2025 – 11:24 GMT+2 ADVERTISEMENT According to President Volodymyr Zelenskyy, Ukrainian forces are holding back Russia’s summer attempts to break through defences along parts of the front line. “They are not advancing. It’s very tough for our guys out there. And it’s tough everywhere,” Zelenskyy told reporters. “It’s also very hard for the Russians — and that’s good for us,” he added. With the war now in its fourth year after Russia’s February 2022 full-scale invasion of its neighbour, the effort is draining resources on both sides, although Russia has more resources and people to sustain its…

ADVERTISEMENT The net worth of citizens varies significantly across Europe, and it changes every year. What really matters is how the changes compare when adjusted for inflation. Wealth per adult increased in a huge majority of European countries between 2023 and 2024, while a few saw declines, according to UBS’s Global Wealth Report 2025. Changes measured in local currencies are shown in both average and median values — we focus on the median for deeper analysis, which isn’t affected by extreme outliers, while briefly mentioning averages. Hungary recorded the highest real growth in median wealth per adult between 2023 and…

Observers point that by recognizing Palestine, French President Emmanuel Macron hopes to pressure his European allies, including the United Kingdom, Germany and Italy to take a stance and revive the long-defunct two state-solution.

Published on 25/07/2025 – 11:23 GMT+2 ADVERTISEMENT Carrefour supermarkets in Italy will soon be in the hands of Italian food multinational NewPrinces Spa, who announced the roughly one billion euro purchase on Thursday. The NewPrinces group owns the Plasmon, Centrale del Latte, Giglio, Polenghi Lombardo and Delverde food manufacturing brands, among others. The acquisition of approximately one thousand shops now requires authorisation from the relevant authorities, with a view to closing by the end of the year with Carrefour Nederland Bv and Carrefour Sa. With this transaction, the Reggio Emilia-based company reaches a potential turnover of 11 billion euros, becoming…

ADVERTISEMENT The European Union announced on Thursday a tentative agreement with China to alleviate restrictions the country had placed on critical exports of rare earths, which had caused alarm across the bloc and threatened to paralyse entire industries. The stringent curbs, which began in early April amid a trade spat with the United States, severely affected the global supply of seven rare earth elements and magnets needed for the defence, energy and automotive sectors. “These export controls have placed significant strain on some European companies,” said Ursula von der Leyen, the president of the European Commission, at the end of…

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits continued to drop sharply in the latest quarter.