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VIENNA (Reuters) -Austria’s economy will grow slightly this year, avoiding what would be a third year of recession in a row, the Austrian National Bank said in its half-yearly economic forecast, predicting gross domestic product will rise by 0.2% this year. Economic think-tanks including Wifo, which provides the government with forecasts the budget is based …

Austrian central bank expects country will barely avoid recession in 2025 Read More »

(Reuters) – Airbus has signed a contract to install infrared protection systems on 23 German Air Force A400M transport aircraft, the planemaker said on Friday. The deal with Germany’s procurement agency BAAINBw will equip the military planes with Directed Infrared Counter Measures technology to defend against heat-seeking missiles during operations, Airbus said. (Reporting by Gianluca …

Airbus wins contract to provide infrared protection on German Air Force aircraft Read More »

(Reuters) -French pay-TV broadcaster Canal+ said on Friday it has reached an agreement with authorities in France relating to a dispute on tax on television services. The company, which was spun out of Vivendi in December, said it expects one-off charges on its income statement in the first half of 2025, which it is due …

French pay-TV broadcaster Canal+ reaches deal to settle French tax dispute Read More »

PARIS (Reuters) -France cannot go on piling up debt and should stabilise its public spending, an effort to which everybody should contribute starting with the most wealthy, Bank of France head and European Central Bank member François Villeroy de Galhau said on Friday. “There’s no reason why we shouldn’t succeed, but we need to make …

ECB’s Villeroy: France should stabilise public spending, focus on the wealthy first Read More »

By Francesco Canepa FRANKFURT (Reuters) -The European Central Bank should stop cutting interest rates at every meeting and instead keep its powder dry given an uncertain economic outlook, ECB policymaker Martins Kazaks told Reuters. The ECB cut rates for the seventh time in a row on Thursday to prop up a euro zone economy that …

ECB’s Kazaks calls time on rate-cut streak Read More »

A look at the day ahead in European and global markets from Stella Qiu It could be the most expensive breakup ever. The bromance-turned-to-brawl between U.S. President Donald Trump and billionaire Elon Musk sparked a 14% drop in Tesla shares overnight, wiping out $150 billion in market value. Then there’s the tens of billions of …

Morning Bid: Trump-Musk feud shakes markets pre-payrolls Read More »