Orsted shares jump after Democrats sweep US midterm elections
Global renewable energy stocks rallied after Democrats won control of the US House and Senate, with Denmark's Orsted among the European gainers.
Business
Markets, economics, and the companies shaping the global economy.
Business
Stockholm VC Creandum closes $750 million fund, its largest yet
Creandum, the Swedish venture capital firm behind early bets on Spotify and Klarna, has raised $750 million for its eighth fund, betting heavily on early-stage AI startups.
Business
Euro zone firms see rising risk of higher wage demands, ECB survey finds
A European Central Bank poll of large euro zone companies shows 40% now expect or see a risk of higher wage demands, double the share recorded three months ago, as a cost-of-living surge tied to the Iran war works through the economy.
Business
Lagarde denies plans to quit ECB post early after FT report
The Financial Times reported that Christine Lagarde intends to leave the European Central Bank before her term ends in 2027. Lagarde has since said she expects to serve it out in full.
Business
Anthropic files for Nasdaq IPO as Amazon stands to gain most
Anthropic has filed to list on the Nasdaq under the ticker 'ANT', with reports pointing to a valuation of up to $2 trillion. Venture backers will profit handsomely, but Amazon's stake, loans and cloud deal put it in line for the biggest payoff.
Business
Revolut starts offering personal loans to UK customers
The fintech, valued at roughly $115 billion, has begun issuing unsecured personal loans in Britain, challenging the country's biggest high street banks.
Business
US holiday forecasts diverge: shoppers plan cuts, trade groups predict growth
Consumer surveys show Americans intend to spend significantly less this holiday season, even as retail trade groups forecast overall sales growth driven largely by higher prices.
Business
UK growth beats forecasts as global tech shares slide on AI worries
Stronger-than-expected UK economic data for August has raised expectations that official forecasters will upgrade their growth outlook, even as a sell-off in technology and chip stocks unsettled global markets.
Business
Delta Cuts 2026 Profit Forecast as Fuel Costs Surge $6 Billion
Delta Air Lines lowered its full-year earnings outlook on Friday, saying jet fuel costs tied to the Iran war are rising faster than it can recoup through higher fares.
Business
Tech selloff hits Wall Street after report of OpenAI revenue shortfall
US stocks fell on Thursday after the Financial Times reported OpenAI's annualized revenue was roughly $20 billion below earlier investor estimates. A separate SpaceX spectrum deal hit telecom shares but lifted futures into Friday.
Business
Guardian Columnist Warns Current Market Turmoil Echoes 2008 Crash
Economics writer Larry Elliott says rising oil prices, a bond market sell-off and an AI stock bubble mirror the warning signs that preceded the 2008 financial crisis.
Business
Nike's Sliding Share Price Puts Its Dow Seat at Risk
Nike has already been dropped from the S&P 100 index. Analysts say its shrinking market value now makes it the most likely candidate to be removed from the Dow Jones Industrial Average as well.
Business
airBaltic Files for Chapter 11 Bankruptcy Protection in New York
Latvia's flag carrier has entered a court-supervised restructuring in the United States to cut its debt, securing €350 million in emergency financing while insisting flights and ticket sales continue as normal.
Business
Canada Seeks C$1 Trillion in Foreign Investment at Toronto Summit
Prime Minister Mark Carney is asking global investors for roughly US$723 billion over five years, betting that unease over US tariffs will send capital north.
Business
Saudi Arabia Shuts Key Pipeline After Attacks as Oil Prices Surge
Riyadh halted its main oil export route bypassing the Strait of Hormuz after strikes on pump stations, as Houthi forces advance on another vital chokepoint and Brent crude climbs past $100 a barrel.
Business
FT Reports Houthi Forces Seized Red Sea Islands, Details Unverified
The Financial Times says Yemen's Houthi movement has taken Red Sea islands from Saudi-backed forces in a rapid offensive. The specific claim could not be independently corroborated at the time of writing.
Business
Jaguar Land Rover to cut 4,000 jobs worldwide over two years
Britain's largest carmaker will shed roughly a tenth of its workforce, mostly in management and research roles, as it tries to recover from a cyberattack, US tariffs and falling sales.
Business
Mistral raises €3bn, becomes Europe's most valuable AI startup
The Paris-based AI company has closed a €3 billion funding round led by Samsung Electronics, valuing it at more than €21 billion and marking Europe's largest technology equity raise to date.
Business
Hedge fund billionaire Chris Rokos to leave UK tax residency for Greece
Chris Rokos, founder of Rokos Capital Management and Britain's third-highest taxpayer last year, is preparing to move his tax residency to Greece and open an office in Athens, Bloomberg reports.
Business
Houthi Attacks on Saudi Oil Sites Push Brent Crude Toward $100
Yemen's Houthi rebels struck energy facilities across southern Saudi Arabia on 8 September, injuring more than 70 people and driving oil and gas prices sharply higher.
Business
Canada Hits Back at US With Tariffs on 700 Products
Canada has imposed retaliatory tariffs of up to 50% on roughly US$20 billion of American goods, deepening a trade dispute that began when President Trump raised duties on Canadian exports earlier this year.
Business
US regulator investigates Tesla's driverless Cybercab after fatal crash
America's road safety agency has opened a probe into Tesla's Cybercab robotaxi, hours after the vehicles began carrying passengers in Austin, Texas. The investigation covers roughly 1,000 vehicles and at least nine crashes, including one that killed a pedestrian.
Business
UK startup Souk raises $1.6 million to revive dormant B2B partnerships
Souk, a London-founded software startup, has secured pre-seed funding led by Sure Valley Ventures to build an AI system that finds and reactivates underperforming referral partners for B2B companies.
Business
European tech startups raised over €475 million in one week
Tech.eu's latest weekly recap tracked more than 35 funding deals across Europe, a slower week compared with the totals recorded through most of August 2026.
Business data & indexes
Country rankings: Europe on 17 indicators
Every European country ranked on seventeen indicators: inflation, unemployment and the minimum wage from the latest monthly figures, and GDP per capita, government debt, interest payments, life expectancy, CO₂ emissions and more from the latest year. Free to read, with every figure dated and sourced.
Country comparison: economy, people and environment
Key economic, social and environmental figures for 30 countries in one sortable table, and any two of them side by side. Free to read, with every figure dated and sourced.
Nordic Tech Salary Index
A recurring index of technology salaries across the Nordics — currently seeded with public salary-research data ahead of News Unlimited's first proprietary survey.