Browsing: Business

ECB streamlines supervision, cutting extra reporting 20% and standardising approvals, inspections and capital decisions to focus on material risks in euro area.

The revived EU-US trade file would lower EU duties on U.S. industrial goods and expand market access for selected American farm and seafood products.

The UK economy was unchanged in January as food and beverage services fell, adding to evidence of weak demand across consumer-facing sectors.

Easing food costs and higher airfares kept Dutch CPI inflation at 2.4% in February 2026, prices up 1.0% on month, while the EU HICP measure rose to 2.3%.

Statistics Austria estimated consumer prices rose 0.8% in February as annual inflation edged up to 2.2%, while the EU harmonised rate hit 2.3%.

Aston Martin said it will cut up to 20% of jobs, cut five-year capex to about £1.7bn and book restructuring provisions after a 2025 loss.

EU governments cleared an interim trade agreement with Mercosur, letting provisions take effect provisionally while the European Parliament process continues.

Eurostat says EU countries imported €3.471 trillion in services from non-EU providers in 2024, with commercial presence the dominant delivery mode.

Final figures put Austria’s January 2026 inflation at 2.0%, the lowest since December 2024, as cheaper electricity and fuels eased household costs.

European Commission officials said a deal is a deal as Brussels demanded US clarity on a new import surcharge and warned against breaching agreed tariff limits.