Economic

Financial Analysis

Euro falls to two-month low as Fed shows no rush for further large rate cuts

Euro falls to two-month low as Fed shows no rush for further large rate cuts

The euro fell to its lowest level since 13 August against the US dollar after the release of the Fed...

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Activists condemn business interests in EU’s flagship overseas investment scheme

Activists condemn business interests in EU’s flagship overseas investment scheme

The EU’s flagship project to exert influence over the developing world is prioritising domestic busi...

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Rio Tinto takes big battery metal step with Arcadium Lithium purchase

Rio Tinto takes big battery metal step with Arcadium Lithium purchase

Mining giant Rio Tinto is to buy US-based Arcadium Lithium in a deal worth some $6.7bn (€6.11bn). Th...

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MEPs battle over green tech cars as EU automotive industry faces Chinese EV competition

MEPs battle over green tech cars as EU automotive industry faces Chinese EV competition

A debate in the European Parliament on Tuesday over the "crisis" facing Europe’s car industry saw th...

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Austria's embattled Signa Holdings sells stake in Selfridges

Austria's embattled Signa Holdings sells stake in Selfridges

Embattled Austrian property and retail giant Signa Holdings has sold its shares in the Selfridges Gr...

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EU pledges funds for developing countries ahead of Azerbaijan summit

EU pledges funds for developing countries ahead of Azerbaijan summit

EU finance ministers on Tuesday reaffirmed they’ll help developing countries bearing the brunt of cl...

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BP bows to investor pressure as it abandons plans to cut oil output

BP bows to investor pressure as it abandons plans to cut oil output

Oil giant BP is reportedly giving up its target to reduce its oil production in the next five years ...

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Troubled Thames Water waist-deep in trouble over illegal sewage dumping

Troubled Thames Water waist-deep in trouble over illegal sewage dumping

UK water regulator Ofwat has fined Thames Water £104m (€124m) for its part in illegal sewage dischar...

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PepsiCo lowers revenue forecast as consumers cut back

PepsiCo lowers revenue forecast as consumers cut back

PepsiCo lowered its organic revenue forecast for the year after US consumers continued to pull back ...

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