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Business

Meta shares jump 5% as AI investments fuel revenue growth

Meta Platforms said Wednesday that its third-quarter profit jumped more than threefold, as the social media giant's revenue climbed sharply, adding to confidence that the firm's AI spending is improving the business.

22 October 2026

Business

Tesla profit falls 43% as it explores possible SpaceX merger

Tesla reported a decline in third-quarter profit, but generated more cash than analysts expected, leaving investors with a mixed picture as it explores a possible merger with Elon Musk's other big company, SpaceX.

22 October 2026

Business

Musk pledges SpaceX shares worth more than $10bn to US children

Elon Musk says he will give one SpaceX share to every child in America next year, a pledge worth about $10.7bn (€9.5bn) at Friday’s closing price. He has yet to explain who would qualify or how the shares would be distributed.

19 October 2026

Business

Could Tesla’s flying car send sales and shares soaring?

Tesla revealed its next-generation Roadster on Thursday in Texas, with one of the three new versions performing a jaw-dropping kickflip and demonstrating flying capabilities. However, analysts contacted by Euronews Business do not expect the model to generate significant revenue.

16 October 2026

Markets

Oil prices rise after reported attacks on ships in Strait of Hormuz

Oil prices rose on recent reports that Iran attacked ships in the Strait of Hormuz. European gas prices hovered near a four-year high, while Asian shares had a mixed reaction and European equities opened higher.

14 October 2026

Business

Big US banks beat earnings forecasts, but JPMorgan falls short

Wall Street's biggest banks reported another strong quarter on Tuesday, but they warned that higher rates and inflation could bite.

13 October 2026

Business

LVMH sales: China slowdown hits Louis Vuitton and Dior

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.

13 October 2026

Markets

EU countries agree to shift major financial market oversight to ESMA

EU countries struck a deal on Friday to give the EU’s financial markets watchdog more powers, aiming to make cross-border investment easier and help businesses raise more money across the bloc.

9 October 2026

Markets

Oil tops $105 as Trump weighs return to Iran combat operations

Brent crude rose above $105 a barrel on Thursday after reports that US President Donald Trump is considering a return to "major combat operations" against Iran, while European stock markets opened lower as rising oil prices fuelled inflation fears.

8 October 2026

Business

Schneider Electric shares plunge on record $22.6bn PTC deal

French energy technology group Schneider Electric has signed a definitive agreement to acquire Boston-based PTC for $22.6bn (€20.1bn) to expand its industrial AI business. The French company's shares plummeted on Monday following the announcement.

5 October 2026

Markets

Oil prices rise as bond sell-off hits global markets

Oil prices climbed further on Tuesday as uncertainty over US-Iran talks fuelled inflation fears. Government bond yields rose to multi-year highs, putting pressure on stocks.

29 September 2026

Business

A new wave of listings: Tashkent prepares companies for global markets

Uzbekistan’s investment fund (UzNIF) is preparing major companies in telecoms, aviation, banking and energy for potential listings. Uztelecom is currently the most advanced candidate as governance reforms advance and efforts to attract new capital gather pace.

18 September 2026

Business

Uber cuts 10% of global workforce in biggest layoffs since the pandemic

Uber is cutting 3,300 jobs worldwide as it strips out management layers and merges teams, saying the savings will fund growth in areas such as robotaxis.

3 September 2026

Business

British energy giant BP names Ian Tyler as chair after boardroom turmoil

British energy giant BP has appointed Ian Tyler as its permanent chair following the abrupt removal of his predecessor over governance and conduct concerns in May.

2 September 2026

Markets

Anthropic IPO: Five things to know before its Wall Street debut

The Claude developer is preparing for a potentially record-breaking initial public offering after rapid revenue growth, but its enormous losses and dispute with the Trump administration could concern investors.

26 August 2026

Tech News

China's viral dancing robots power Unitree's 600% stock market debut

Unitree, known for its dancing and backflipping robots, saw shares surge as much as 629% on its Shanghai stock market debut.

19 August 2026