14 results
A virtual trading point in the Netherlands sets gas prices for all of Europe. Here's how TTF works and why Middle East shocks transmit to European energy bills.
UK consumer prices rose 3.1 percent year-on-year in August, the highest in five months, as motor fuel costs surged. The Bank of England decides on rates Thursday.
European gas jumped 6 percent to €84.07 per MWh, the highest since December 2022, as the Saudi pipeline shutdown deepened a supply crisis with storage at a record low.
ESMA says top prediction-market platforms Polymarket and Kalshi lack EU authorisation, with event contracts potentially subject to MiFID II, MiCA or gambling rules.
The ECB raised its three key rates by 25 basis points, taking the deposit rate to 2.50% from 16 September: a second 2026 hike, with inflation at 3.3%.
Poland's parliament fell 25 votes short of overriding President Nawrocki's third crypto veto, leaving it the only EU state without MiCA rules.
IKEA is spending 1.2 billion euros to lower prices across Europe from September 1. Italy sees 22% average cuts, Kallax up to -29%. The strategy explained.
Draghi and Collison launch the Rhine Group, a think tank to turn the 170 proposals of the competitiveness report into concrete European reforms.
Dolenc backs a September rate hike to 2.50 percent: inflation at 3.3 percent, hawkish ECB minutes, markets price hike at 100 percent.
Revolut begins rolling out EURR, its first euro-pegged stablecoin, to select customers in Denmark, Poland and Portugal, with wider EEA access planned later this year.
Cash fell below 10% of UK payments in 2024 for the first time: 4.4 billion transactions. Cards at 64%, mobile banking at 75%; 1.2 million still rely mainly on cash.
Adyen raised its 2026 net revenue growth guidance to 21-23 percent from 20-22 percent after a first half slightly above expectations; shares jumped 11 percent, the best STOXX 600 performer.
Stellantis returns to profit with €293M net income but 1.8% adjusted margin sinks stock 8%. Revenue €43.5B (+13%) on higher volumes, yet margins trail GM and Ford far behind.
The ECB's Governing Council kept rates unchanged at its 22-23 July meeting, leaving the key policy rate at 2.25% as the Middle East conflict dominated the debate on inflation and growth.