Browsing: Business

EuroWire, VIENNA: OPEC+ said on April 5 that eight participating countries will raise oil production by 206,000 barrels per day from May, extending a measured increase in supply under the group’s existing output framework. The decision was announced after a

EuroWire, ROME: Italy’s public budget deficit came in at 3.1% of gross domestic product in 2025, improving from 3.4% a year earlier but remaining above the European Union’s 3% reference ceiling, according to data published by national statistics agency ISTAT.

VIENNA: Austria’s annual inflation rate rose to 3.1% in March from 2.2% in February, according to a flash estimate released by Statistics Austria, marking a 0.9 percentage point increase in the headline reading. Consumer prices also rose 1.1% from the

EuroWire, LUXEMBOURG: Eurozone inflation accelerated to 2.5% in March from 1.9% in February, according to a flash estimate published by Eurostat, marking a renewed move above the European Central Bank’s 2% target after several months closer to that level. The

EuroWire, BRUSSELS: Economic confidence in the European Union and the euro area fell again in March, with the European Commission’s monthly sentiment gauges extending February’s decline as households and businesses turned more cautious. The Economic Sentiment Indicator dropped to 96.7

EuroWire, GENEVA: Workers looking to shield their careers from artificial intelligence are facing a labor market that is changing faster than it is shrinking, with the latest international data showing generative AI is most likely to remake office tasks rather

EuroWire, BRUSSELS: The European Commission said on March 24 that it had signed grant agreements worth €2.7 billion for 54 clean industry projects under the EU Innovation Fund, marking a major financing step for technologies aimed at cutting industrial carbon

EuroWire, LONDON: Britain’s latest cost squeeze is being shaped by decisions made in Washington under President Donald Trump. The current conflict was triggered by U.S. airstrikes in late February, and the White House later intensified pressure with a public ultimatum

EuroWire, LONDON: Student debt is widening the gap between Britain’s aspiring first-time homebuyers, with borrowers saving nearly £2,000 less a year for a deposit than people without student loans, according to new Barclays research released on March 23. The bank

EuroWire, BRUSSELS, March 19, 2026: The European Central Bank (ECB) has urged euro area banks to strengthen their preparedness for geopolitical shocks, asking lenders to carry out internal stress tests and set out concrete steps to protect their capital positions