Economics

ECB urges eurobonds, leaders divided

The European Central Bank urged EU leaders ahead of Thursday's summit to create eurobonds and a Europe-wide "safe asset" to relaunch growth, a proposal widely contested.

ECB urges eurobonds, leaders divided
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US employers add 130,000 jobs

U.S. employers added 130,000 jobs in January, beating forecasts and bolstering expectations that the Federal Reserve would keep interest rates steady.

US employers add 130,000 jobs
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US hikes Swiss import tariffs

President Donald Trump said he raised U.S. tariffs on Swiss imports to 39% after a phone exchange with Swiss Federal Councilor Karin Keller-Sutter, whom he called "very aggressive."

US hikes Swiss import tariffs
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House overrules speaker on tariffs

House lawmakers rejected Speaker Mike Johnson’s effort to block votes, clearing the way for the House to consider resolutions to end President Trump’s national emergency basis for Canada tariffs.

House overrules speaker on tariffs
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Parliament approves Ukraine arms funding

The European Parliament approved a €90 billion loan to Ukraine to fund weapons purchases against Russia, while far-right MEP Jordan Bardella opposed it, citing excessive procurement exemptions and repayment assumptions.

Parliament approves Ukraine arms funding
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Merz rejects joint EU borrowing

German Chancellor Friedrich Merz rejected French President Emmanuel Macron's proposal for joint EU borrowing to fund strategic investments in EU policymaking, deepening a public Franco‑German rift.

Merz rejects joint EU borrowing
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AI takes entry level jobs

European employers increasingly adopted AI agents, displacing entry-level roles and leaving young workers at greater risk of job loss, longer hours and burnout, government advisers and studies said.

AI takes entry level jobs
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EU may ease carbon costs

European heavy industries urged EU leaders to cut climate compliance costs at a summit, saying carbon rules hurt competitiveness, and the European Commission said it would consider revising the system.

EU may ease carbon costs
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Europe seeks protection, Germany hesitates

European leaders and industry chiefs met in Antwerp today to seek measures to halt industrial decline as Chinese competition gained ground, with France urging protection while Germany hesitated.

Europe seeks protection, Germany hesitates
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Women across Europe earn less

On 11 February's Equal Pay Day, studies and advocates said women still faced significant pay gaps across Europe, with Austria about 12% and Madrid women earning €8,000 less.

Women across Europe earn less
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Heineken cuts 6000 jobs worldwide

Heineken announced it would cut up to 6,000 jobs worldwide over the next two years, citing falling beer demand which weakened sales and margins.

Heineken cuts 6000 jobs worldwide
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Alphabet Sells 100 Year Bonds

Alphabet issued a rare 100-year bond in global markets to raise billions for its AI push, drawing strong investor demand.

Alphabet Sells 100 Year Bonds
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Lufthansa slams strikes, spares subsidiaries

Lufthansa called strikes announced for Thursday in Germany a "completely unnecessary escalation" and said its subsidiaries Swiss, Austrian, Ita, Brussels, Eurowings and Discover were unlikely to be affected.

Lufthansa slams strikes, spares subsidiaries
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Markets plunge, wiping out rally

Bitcoin, gold and major technology stocks plunged across global markets, erasing a recent rally and rattling investors as steep losses wiped out gains and prompted further selling.

Markets plunge, wiping out rally
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Commerzbank boosts guidance, resists UniCredit

Commerzbank raised its 2026 profit guidance and touted record results in Germany as CEO Bettina Orlopp sought to fend off an unsolicited takeover bid from UniCredit.

Commerzbank boosts guidance, resists UniCredit
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Domestic travel boosts German hospitality

Germany recorded nearly 500 million overnight stays in 2025, driven mainly by domestic travelers, the Federal Statistical Office said, with hotels and campsites among the biggest beneficiaries.

Domestic travel boosts German hospitality
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Lufthansa strike grounds Swiss flights

Lufthansa pilots and flight attendants staged a strike on Thursday, grounding flights to and from Zurich, Basel and Geneva, organisers said, over pensions and working conditions.

Lufthansa strike grounds Swiss flights
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AI surprises; European shares tumble

A new AI application surprised investors and sent shares of European asset managers and brokers sharply lower, market analysts said.

AI surprises; European shares tumble
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