Greece announces 30% increase in heating allowance
The government will raise the heating allowance by 30% and subsidise heating oil at the pump to help households cope with rising energy prices.
Business & Economy · Euronews · Business ·
Business & Economy
The latest business & economy reporting, source-backed developments and clearly labelled analysis from Rift Valley News.
304 stories on the record
IMF: Time to rebuild 'resilient' world economy
The world economy is being reshaped by AI investment but held back by ongoing conflict in the Middle East, says the IMF.
Business & Economy · African Business · Latest ·
Stellantis bets on Chinese partnerships to avoid European plant closures
Chief executive Antonio Filosa says sharing factory capacity could help keep plants open, as Stellantis invests in new platforms and European batteries.
Business & Economy · Euronews · Business ·
IMF global economic forecast shows 'resilience under strain'
The International Monetary Fund (IMF) forecasts that global economic output will slow to 3.1% this year in spite of geopolitical disruptions, but warns that high inflation and AI share valuations could be risks for financial stability.
Business & Economy · France 24 · Business & Tech ·
State bails out Kenya Airways again with $350m loan
A lack of profitably has made KQ chronically reliant on loans from the government, which is its largest shareholder with a 48.9% stake.
Business & Economy · African Business · Latest ·
LVMH sales miss growth forecasts as China luxury demand slows
LVMH, the world's leading luxury group, said its sales edged higher in the third quarter despite a slowdown in demand in China hitting its fashion and leather goods segment.
Business & Economy · Euronews · Business ·
Fuel prices: Sébastien Lecornu promises €10 cut per fill-up
In France, pump prices are among the highest in the European Union. The government has moved to cut the price per litre by 12 to 18 centimes, the prime minister said on Monday.
Business & Economy · Euronews · Business ·
IMF warns bond yields could see a 'disorderly' spike as debt, inflation risks worsen
The IMF says risks in the government bond market have worsened and that yields could jump sharply and disorderly.
Business & Economy · CNBC · Economy ·
This French AI stock is up 570% in 2026: Analysts see a further 90% upside
Despite its extraordinary rally, Bank of America analysts have upgraded Soitec SA stock to Buy and see potential for a further 90% upside.
Business & Economy · Euronews · Business ·
Citroën's iconic 2CV returns as an all-electric model
Nearly 40 years after production ended, the iconic 2CV returns at the Paris Motor Show as a fully electric city car, keeping things simple and affordable in an increasingly competitive market.
Business & Economy · Euronews · Business ·
Dangote extends refinery IPO to drive more African participation
The firm says that the two week IPO extension will give more African investors the chance to buy into the refinery as it plots future growth.
Business & Economy · African Business · Latest ·
Ecobank strengthens China-Africa trade links with new Beijing office and CIPS partnership
Ecobank is expanding its China platform through a new Beijing office and an agreement with the Cross-Border Interbank Payment System, aiming to facilitate trade and investment and give businesses easier access to opportunities across 34 African markets.
Business & Economy · African Business · Latest ·
Nobel prize in economics awarded to Robert E. Hall and Michael Woodford
The U.S. economists were awarded for work that underpins the models used by central banks and governments to stabilize the economy.
Business & Economy · CNBC · Economy ·
Thales to open what could be Japan’s first foreign-run defence maintenance base
The facility could be the first in Japan set up by a foreign defence company to maintain military equipment and support its operation, according to Nikkei.
Business & Economy · Euronews · Business ·
French MPs push exit tax on crypto above €800,000 and fines for undeclared wallets
French MPs want wealthy crypto investors who leave the country to pay tax on their paper gains, under an amendment backed in committee last week alongside fines of up to €10,000 for undeclared self-custody wallets, though every measure must be voted on again.
Business & Economy · Euronews · Business ·
India’s retail inflation jumps to 5.54% in September, above estimates
India inflations jumps for the 11-straight month, raising prospects of a further interest rate hike
Business & Economy · CNBC · Economy ·
IEA urges additional diesel releases ahead of key meeting
Tightening global diesel markets prompted the International Energy Agency to call on its members to accelerate previously agreed releases from strategic oil reserves, prioritising diesel. The IEA also asked member states to assess "whether additional diesel releases are necessary".
Business & Economy · Euronews · Business ·
Chinese carmaker BYD considers opening a factory in France
France is among the European countries where BYD is considering opening a plant. According to vice-president Stella Li, "France is on the shortlist".
Business & Economy · Euronews · Business ·
CBAM on trial: What the Russia-EU WTO case means for Africa
Russia's legal challenge to the EU's Carbon Border Adjustment Mechanism could offer Africa a route to question the controversial legislation.
Business & Economy · African Business · Latest ·
Airtel Money's $7 billion milestone for African fintech
The London Stock Exchange debut of Airtel Money marks a significant milestone for Africa's fintech industry. With a valuation of approximately $7 billion, the transaction highlights the growing appeal of African digital financial services to international investors while opening a broader…
Business & Economy · African Business · Latest ·
Absa becomes first African financial institution to invest in Lendable's blended-finance strategy
Investment reflects growing participation of emerging-market capital in global asset-backed credit strategies supporting the real economy
Business & Economy · African Business · Latest ·
Which European countries are hit the hardest by annual rent inflation and why?
Rent prices have risen significantly across Europe, and in particular in Romania and Croatia in recent periods. Euronews Business takes a closer look at annual rent inflation with a focus on these two countries.
Business & Economy · Euronews · Business ·
Oil prices drop as stocks rise after Trump touts 'energy ceasefire'
Most stock markets rose early Monday as oil prices fell after Donald Trump announced an "energy ceasefire" between Russia and Ukraine, which offset a fresh wave of Houthi attacks on Saudi Arabia.
Business & Economy · Euronews · Business ·
ESA director general reveals €10bn plan to get to space without NASA
The space industry, currently valued at €600 billion, is expected to grow by 10% a year, according to European Space Agency (ESA) director general Josef Aschbacher. He spoke to the Big Question about how Europe can benefit from this booming industry.
Business & Economy · Euronews · Business ·