Europe

Spain’s Deoleo says olive oil prices set to halve from record levels

Jure Susac, a Bosnian olive farmer from the western-Herzegovinian town of Ljubuski, delivers his pickings to an oil-mill in Capljina, during harvest season, on October 29, 2022. Elvis Barukcic | Afp | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says one of the most challenging moments in the industry’s history appears to […]

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Burberry shares hit intraday high as overhaul strategy marks turning point

CHICAGO, ILLINOIS – NOVEMBER 14: A sign hangs above the entrance of a Burberry store on Michigan Avenue along the Magnificent Mile on November 14, 2024 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images LONDON — Burberry is aiming to win back shoppers and boost waning sales by refocusing on heritage

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François Hollande calls for a united Europe after Trump election win

French President Francois Hollande delivers a speech as he attends the inauguration of the new ‘Sud Europe Atlantique’ (South Europe Atlantic) high-speed rail line, linking Tours and Bordeaux, on February 28, 2017, in Villognon, central France. Yohan Bonnet | AFP | Getty Images Former French President François Hollande underlined the importance of Europe sticking together in

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Look inside this millennial’s tiny home in the woods of Denmark

For years, 36-year-old Anders Boisen lived in apartments all over the city of Aarhus, the second-largest in Denmark. Despite having a comfortable living situation — a two-bedroom apartment he shared with a girlfriend at the time — and a job working in city development at a local municipality, Boisen tells CNBC Make It he felt

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SpaceX rival TEC raises $160 million for reusable space capsule

The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. The Exploration Company (TEC) announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations. Venture capital firms Balderton

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Fintech unicorns watch Klarna IPO for signs of when window will reopen

Hiroki Takeuchi, co-founder and CEO of GoCardless.  Zed Jameson | Bloomberg | Getty Images LISBON, Portugal — Financial technology unicorns aren’t in a rush to go public after buy now, pay later firm Klarna filed for a U.S. IPO — but they’re keeping a watchful eye on it for signs of when the market will

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Russia warns U.S. is adding fuel to fire with long-range missile decision

Local residents walk past destroyed houses in the city, approximately 10 km from the frontline, on November 16, 2024 in Pokrovsk, Ukraine. Libkos | Getty Images The Kremlin has lashed back against a White House decision to now allow Ukraine to use U.S.-made long-range weapons for limited strikes inside Russian territory. The decision, reported by

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Tech funding in Europe stabilizes after years of decline

On Monday, British tech lobby group Startup Coalition warned in a blog post that there was a risk Reeves’ tax plans could result in a tech “brain drain.”. (Photo by Oli Scarff/Getty Images) Oli Scarff | Getty Images Venture capital investment in European technology startups is projected to decline for a third straight year, according

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Thyssenkrupp books $1 billion impairment on struggling steel unit

A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images). Nurphoto | Nurphoto | Getty Images Shares of Germany’s Thyssenkrupp jumped on Tuesday after the company posted a narrowed net loss and a 1-billion-euro ($1.06 billion) impairment on the firm’s

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