The latest business and finance news in Europe, told with context and rigour.
CompaniesGermany, France
The French operator takes over 47 sites and 374 charge points, and MB.CHARGE Public customers get preferential rates across its network. No price has been disclosed.
CompaniesGermany
The car-parts maker confirmed on 3 November a plan to save about 300 million euros a year, as weaker orders from carmakers hit suppliers.
EconomyUnited Kingdom, Oman
The announcement combines a memorandum for a data centre with no timetable, a £7 billion export credit ceiling that is not loans, and a Gulf trade treaty still unsigned.
EconomyAnalysisEurope, Spain
Eurostat puts the euro area deficit at 3.0% of GDP and debt at 87.7%. Spain stands at 2.4%; France and ten other states are at 3% or above.
MarketsAnalysisEurope
Policymakers debated a hike with inflation at 3.8% but chose to wait. New projections come in December, and the search for a successor has begun.
CompaniesFrance, Germany
The French rail group also expects about 1.5 billion euros of negative free cash flow. Its shares were down about 28% shortly after 11:00 on 2 November, according to AFP.
CompaniesSpain
The Spanish utility invests a record €10.09 billion, mostly in power grids, and now expects adjusted net profit to grow at least 10% in 2026.
CompaniesIreland
The average fare dropped 4% in the half-year, but the airline expects higher prices next year and is reviewing costs, including temporary pay freezes.
Your moneySpain
The official gazette publishes the index some Spanish variable-rate mortgages follow. It is up from 3.134% in August, and 12-month Euribor rose from 2.954% to 3.247%.
