Browsing: Business

EU approval of stricter steel import rules cuts tariff-free quotas, raises duties and resets market safeguards before June 30 expiry.

EU and US agreed a critical minerals action plan that aligns trade measures, market tools, stockpiling and formal supply chain coordination.

EU ETS emissions declined 1.3% in 2025, with industry emissions down and solar power growth helping keep the bloc on its long-term path.

Euronext wheat settled at 195.25 euros a tonne after hitting its weakest intraday level since February, with ample supplies steering the market lower.

Eight OPEC+ countries agreed a 206,000 bpd output increase for May, marking a second straight monthly rise under the group’s voluntary cut unwind.

Official data showed Italy narrowed its 2025 deficit to 3.1% of GDP, but the country remained above the EU threshold and debt rose to 137.1%.

Austria inflation accelerated to 3.1% in March, with energy prices turning positive and services still driving consumer price growth, flash data showed.

Eurozone consumer prices accelerated to 2.5% in March, driven by higher energy costs, while core and services inflation eased across the currency bloc.

The European Commission said EU and euro area sentiment fell in March, with households more cautious and business price expectations rising.

Global studies show clerical work faces the highest AI exposure, while wages and hiring improve where workers pair AI tools with domain expertise.