Europe
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Barclays sees no further ECB rate cuts before end-2026 after policy decision
Barclays now expects the ECB to hold rates through the end of 2026. The bank revised its earlier forecast of a December 2025 cut following the ECB’s decision to maintain its key rate at 2%. The move underlines the central bank’s view that policy is “in a good place”.
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Puma to cut 900 jobs as sales continue to decline
Puma said it will cut around 900 white-collar roles globally by end 2026. The German sportswear group reported double-digit sales declines and rising debt, prompting a wider restructuring under new chief executive Arthur Hoeld as it seeks to stabilise margins and reset its global distribution model.
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Airbus, Leonardo and Thales unite in landmark European space merger
Airbus, Leonardo and Thales plan joint European space venture. The new entity will consolidate their satellite, systems and services businesses into a single organisation, strengthening Europe’s strategic autonomy in space and enhancing competitiveness against global rivals.
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Apple faces fresh antitrust complaint scrutiny
Apple faces a new antitrust complaint in Brussels. Filed by civil rights groups, the complaint alleges Apple’s App Store rules breach the EU’s Digital Markets Act, potentially worsening regulatory issues for the tech giant.
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RAIDS AI enters beta with real-time safety monitoring
AI safety platform RAIDS AI has opened its beta phase to new users. The launch follows a pilot focused on real-time detection of abnormal AI behaviour and comes as companies prepare for EU AI Act compliance.
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Kering to sell beauty unit to L’Oréal for €4 billion to reduce debt
Kering will sell its beauty division to L’Oréal for €4 billion. The deal marks a strategic shift for the luxury group, which is refocusing on fashion and easing a debt load built up through recent acquisitions and property investments.
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Dolenc urges ECB to hold steady unless new shocks emerge
Primož Dolenc urged patience on monetary policy. The acting Slovenian central bank governor said the European Central Bank should only cut interest rates further if fresh economic shocks hit the euro area, warning that premature easing could unsettle inflation expectations and financial stability.
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How data centres drive European resilience
Europe’s digital independence depends on its physical foundations. Fredrik Jansson, Chief Strategy and Marketing & Communications Officer at atNorth, explores how strategic investment in sustainable, well-located data centres can strengthen resilience, protect sovereignty, and power the continent’s next phase of AI-driven growth.
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Indian textile exporters pivot to Europe as U.S. tariffs bite
Indian textile exporters are shifting markets as tariffs squeeze margins. Exporters hit by new 50 percent U.S. import duties are redirecting orders toward Europe, offering steep discounts to retain American buyers, and eyeing Africa for lower-tariff production — but the transition is fraught with cost, compliance, and competitiveness pressures.
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Russia’s central bank rebukes state over asset seizures
Russia’s central bank has accused state agencies of violating shareholder rights in a high-profile nationalisation case, exposing friction within Moscow’s financial establishment and raising fresh warnings for European companies with remaining exposure to Russia.