Business and economics correspondent. Based in Copenhagen, covering the ECB, Nordic markets and monetary policy.
US President Donald Trump's annual financial disclosure shows digital assets have become by far his largest income source, raising fresh questions about conflicts of interest as he shapes crypto policy.
A record-breaking heatwave has pushed Germany to a new national temperature high of 41.5°C, with the heat system now advancing into Poland, where forecasters warn the country's 105-year-old record could fall within days.
Germany's Manager Magazin reports CEO Oliver Blume is preparing the most radical restructuring in Volkswagen's 89-year history, targeting up to 15% of the global workforce. The plans, which Volkswagen has neither confirmed nor denied, would double a previous round of cuts agreed only months ago.
The decision was widely expected. The bank said inflation across the euro area is now close to its two-percent target and signalled no change before the autumn.