Author: staff
Published on 27/08/2025 – 13:05 GMT+2 Energy prices are going to rise by 2% in the United Kingdom, according to the energy regulator Ofgem. Ofgem lowered the price cap by £1.79 (€2.08) per month in July, savings which will be lost comes October when average monthly bills will rise by £2.93 (€3.40). The price cap sets a maximum rate per unit that can be billed to customers for their energy use, but it doesn’t cap the final amount. Ofgem sets the price cap every three months to protect consumers and limits energy companies’ profits at about 2.5%. Around 37% of…
Beyond pushing back against tech standards, Washington is positioning itself to challenge Europe on the ideological legitimacy of its entire regulatory model. Thus, the battle over digital sovereignty will be cast in civilizational terms — free markets versus bureaucratic overreach, expression versus censorship, sovereignty versus globalism. And Europe’s far-right narrative of elite censorship will have the imprimatur of U.S. policy. These grievances will then likely merge with U.S. demands for greater burden-sharing on defense or security concessions on Ukraine. It’s also entirely possible the Trump administration will exploit divisions among member countries on digital sovereignty, tying reviews of America’s force…
By Euronews Published on 27/08/2025 – 15:32 GMT+2 •Updated 16:40 Taylor Swift’s engagement to American football star Travis Kelce is already making ripples in the business world after the pair made the announcement on Tuesday. “Your English teacher and your gym teacher are getting married,” the billionaire singer and her fiancé told fans on Instagram. The post included five pictures of the couple in a garden, with Kelce down on one knee. Shortly after the news was announced, Swifties were quick to analyse the post (featuring so-called Easter eggs or hidden messages), even dissecting the fashion choices made by Swift and…
“We’ll carry on deepening the deficit, nothing will happen and the situation will just get worse,” he said. But French opposition parties would be wrong to think they can cycle through new prime ministers, fresh elections and even an early presidential election without swallowing the bitter medicine that Macron’s successive governments have tried to administer, Chaney said. “If people start thinking it’s not so bad, we can live with deficits, we are heading toward a full-blown crisis,” he said. “Germany will start thinking that France is a serious problem and the ECB [European Central Bank] will not be able to…
Taylor Swift knew all too well what she was doing when she announced her engagement to American football star Travis Kelce via Instagram. Within less than ten minutes, the post had over one million likes, the headlines dominated international news, and even President Donald Trump later weighed in. This is because Swift is no standard celebrity: Forbes magazine named her the world’s wealthiest female musician, with a net worth of around $1.6 billion (€1.4bn). She is the first musician to reach billionaire status based solely on her songs and performances — as opposed to brand deals and partnerships — and…
Nvidia’s shares slid after the AI semiconductor giant reported its latest quarterly profit and gave a revenue forecast that was slightly below expectations in its latest earnings report. Demand for the company’s chips, an essential part of AI data centres, wasn’t quite feverish enough to ease recent worries that the AI craze may be fading. The results announced on Wednesday were hotly anticipated because Nvidia has emerged as a key barometer of a two-year-old AI boom that has been propelling the stock market to new heights. The Silicon Valley chipmaker also became the first publicly traded company to achieve a…
Published on 28/08/2025 – 7:45 GMT+2 The EU should speed negotiation of a tariff-rate quota (TRQ) system with the US to avoid existing exorbitant tariffs of 50% on steel and aluminium, the director general of the European Steel Association, EUROFER, has told Euronews adding that such a deal could also help with cooperation on Chinese overcapacities in the sector. Such TRQ systems enable specific quantities of steel and aluminium to be imported at a lower or zero tariff rate, with any additional amount subject to a much higher tariff rate. “Tariff-rate quotas are the only opening we have with the…
Published on 29/08/2025 – 12:28 GMT+2 Leading banks in the UK saw their share prices hit hard as news of a proposed new bank tax emerged. NatWest share prices lost more than 4.7% nearing midday in Europe, Lloyds saw a dip of 4.5%, and Barclays lost 3.7%. This dragged down the benchmark stock index in London; the FTSE 100 was down by nearly 0.4% at time of reporting. “NatWest, Lloyds and Barclays were the FTSE 100’s biggest fallers on Friday morning as investors wondered if the era of bumper profits, dividends and buybacks is now under threat,” Russ Mould, investment…
Published on 29/08/2025 – 15:57 GMT+2 Consumer price indexes in Spain, France and Italy came in 0.1% below expectations in August, signalling price stability in the eurozone, according to the latest inflation figures. In Germany, the bloc’s biggest economy, inflation was only slightly higher than anticipated in July. German prices increased by 2.2% in July from 2% in June year-on-year. Food prices were up, but energy costs drove the figure slightly down. Prices increased by 0.1%, compared to the previous month, according to the Federal Statistical Office. In France, EU-harmonised inflation was modest, 0.8% year-on-year in August. This was driven…
By Euronews Published on 31/08/2025 – 21:12 GMT+2 The Israeli military claimed on Sunday it killed a longtime spokesperson for Hamas’ armed wing. Israeli Defense Minister Israel Katz identified the spokesperson as Abu Obeida, who was reportedly killed over the weekend. There was no immediate comments from Hamas on the claim. Obeida’s last statement was issued on Friday, when Israel declared Gaza a combat zone after launching its expanded offensive, which was announced earlier this month and drew international condemnation. The statement said militants would do their best to protect living hostages, but warned that they would be in areas of…