The US and China are home to over half of global personal wealth (54%), while Europe holds only 22%, with its five largest economies dominating the list. The Netherlands (1.14%) and Switzerland (1.04%) each hold shares above 1%.The global wealth
While 63% of European accommodations expect growth, vacancies for high-skilled roles are difficult to fill. High salary expectations and a lack of work-life balance are among the reasons for this. This is particularly true in Italy, where 70% of h
As our society goes digital, paper is disappearing – and with it, access for millions. A campaign group is fighting to protect the right to choose to get information either by post or email in the EU. The report also notes that choosing paper over
At the beginning of this year, tourism in the EU saw a positive trend, except for four countries. Related Sun, sea and overcrowded sands: These are Europe’s most complained about beaches Which EU countries are earning the most from t
Euronews Business takes a closer look at wage growth for the 25 largest occupations in the UK, Germany, France, and the Netherlands. Looking at the 25 largest occupations, certain jobs saw more than a 3% jump in real wages in the UK. Top-ranking
Euronews Business takes a closer look at the top growing and declining jobs, offering significant insights into global employment trends by 2030. Some other declines include:Administrative Assistants and Executive Secretaries (-20%)Printing and
The economy had seen a slight uptick at the start of this year as businesses sought to get ahead of tariffs, but the country has now slipped back into contraction territory. This optimism in the face of rocky economic conditions could be linked
European countries claimed shortages of around 1.2 million doctors, nurses and midwives in 2022. Yet, that same year, several had record levels of medical staff. The decision by many doctors to continue working beyond the standard retirement age
Janelle Harvey was running errands in Philadelphia in March 2021 — the busy sort that come with being a new mother. Her 1-year-old daughter was waiting for her at home, and she was anxious to get back. As she descended onto the SEPTA pub
A drab, vinyl-floored, windowless office building just north of Denver houses one of the wonders of the computer industry. It\’s home to several wonders, actually: a data center where two commercial quantum computers are operating for paying customers including JPMorgan, and a third prototype under c
The UK’s decision to leave the European Union has left lasting impacts on the country’s economy. While many of the repercussions appear to be longstanding, including low productivity, Euronews Business asked experts whether they think the worst is over.
About a year ago, Meta CEO Mark Zuckerberg couldn\’t stop talking about the metaverse, saying it was no less than the future of his entire company. He renamed the company in honor of these ambitions. Today, it\’s a relative blip when he speaks publicly.
Employment in the sports sector across the EU continues to grow, reaching 1.6 million jobs in 2024. But worryingly, the gender gap has widened since 2011. In most EU countries, men outnumbered women in sport-related jobs, with the biggest gender g
Editor\’s note: This story was originally published on March 23, 2023 and most recently updated on July 13, 2023 to reflect recent developments. Google has found itself in a defensive position as it faces questions over whether it\’s lost
EU defence spending rose by over 30% between 2021 and 2024, driving increased labour demand across the sector. Defence job postings have outpaced the wider job market since 2022. France, Germany, and the UK each have large and specialised defen
The first nonverbal Neuralink patient to receive the chip implant is offering a glimpse into how he uses the technology — editing and narrating a YouTube video using signals from his brain. Brad Smith is the third person in the world to get a brain
It was Google\’s TGIF (Thank God It\’s Friday) all-hands this week, where employees get to put their most burning question to CEO Sundar Pichai and other company leaders. Top of mind for employees was AI, including the company\’s recent showcase of generative AI products at its I/O developer conference
SpaceX\’s flagship rockets keep blowing up. On Wednesday night, one of the Elon Musk-run space technology company\’s latest rockets erupted into an inferno on the launchpad.The explosion, which enveloped a portion of SpaceX\’s Starbase campus in Texas
The US-EU tariff saga kept us hooked all summer long. But were you paying attention as both sides traded blows? Take the test to find out.
OpenAI recently unveiled GPT-4, the latest sophisticated language model to power ChatGPT that it says can hold longer conversations, reason better, and write code. GPT-4 demonstrated an improved ability to handle prompts of a more insidi
CompaniesBaker Hughes CoFollowAug 15 (Reuters) – U.S. energy firms this week held the number of oil and natural gas rigs operating steady, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future ou
When Adam Kovalčík flew to Ohio for an international science competition, he did not expect to come home with $100,000. The 19-year-old from Dulovce, Slovakia won that sum on Friday, though, because he developed a faster and cheaper way to make an e
Job postings mentioning generative artificial intelligence have risen sharply in several European countries in the year leading up to March 2025. Yet, experts emphasise that human intelligence remains a key requirement in the workplace. Other fi
Google\’s answer to ChatGPT is finally being released to the public. The company said that it will grant access to its artificial intelligence chatbot, known as Bard, in the US and UK starting Tuesday. Google says that you can
UNESCO World Heritage sites, including the Taj Mahal and Acropolis, are increasingly under threat from severe water hazards, a new report reveals. Within the European Union alone, 65 per cent of sites are facing at least one severe water risk, w
Tickets to space aren\’t cheap — but Axiom Space is a company pricing its offerings at the decidedly high end of the industry. Its tickets, which cost roughly $70 million, are steep compared to other human spaceflight options offered by space tourism
Cooper Taylor is only 17 years old, but he\’s already trying to revolutionize the drone industry. Taylor has spent the past year optimizing a type of drone that\’s being used more and more in agriculture, disaster relief, wildlife conservation, search
European stocks historically shine in July, with the EURO STOXX 50 and STOXX 600 averaging strong gains and 70% win rates. French banks like BNP and Credit Agricole, along with luxury giants, show standout seasonal strength. Zooming in on nation
According to Fortunes 2024 list of the 100 best companies to work for in Europe, these ones made the top 10. Why did employees rate them so highly? According to Fortune, while only 15 companies in this year’s list are from the tech sector, legac
The cost of veterinary services in Europe has surged more than 30% since 2015, outpacing overall inflation and hitting households hard. One of the main reasons for the jump in household total pet care prices is the fact that the market boomed du
Three teenagers designed a mini refrigerator that cools itself with salt and doesn\’t require an outlet. They\’re bringing it to hospitals to help transport medical supplies to rural areas without electricity. Dhruv Chaudhary, Mithran Ladhania, and Mr
There are scientists out there who are using AI to understand the sounds dolphins make, and it could have some world-changing impacts. \”I like to think that we will be able to talk to animals at some point,\” Drew Purves, the nature lead at Google De
A Soviet spacecraft that stalled on its way to Venus is about to fall back to Earth, space-debris trackers say, and nobody knows where it might land. Trackers think the object that\’s rapidly losing altitude in Earth\’s orbit is the Venus entry capsul
The colossal squid, a mysterious creature lurking in the Antarctic abyss, has finally made a cameo, a cohort of scientists say. You may have heard of the giant squid, which is famous from mariners\’ legends and for its epic battles with sperm whales.
Germanys economic sentiment hit a 3-year high in July, with the ZEW index rising to 52.7 amid hopes of a US-EU trade resolution and German stimulus. The eurozones outlook also improved, while markets stayed cautious after new US tariff threats.
The ground is slowly sinking or deforming beneath all the biggest cities in the US, according to new satellite analysis. If cities don\’t do something about this land-sinking phenomenon, called subsidence, it could damage buildings and infrastructure
The BedJet is an ingenious invention designed to keep you comfortable in bed. The BedJet\’s blower sends hot or cool air, depending on your preference, through a hose that is connected to the provided comforter. The comforter, which is more like a dual-layer flat sheet, fills with air that keeps you
Goldman Sachs shines a light on Europes market leaders, dubbed the GRANOLAS, echoing the Magnificent Seven of Wall Street. With a combined market cap exceeding €2.6 trillion, these firms continue to dominate sectors and outperform in European markets.
At approximately 5:30 a.m. on July 16, 1945, the world\’s first atomic bomb exploded in the New Mexican desert. It was bright, hot, and loud. Scientists and military personnel crouched nearby in bunkers. Less than 20 miles away, residents awoke to a
Exports had jumped in February and March as German manufacturers sought to get ahead of tariffs threatened by the US. Shipments then dropped dramatically in the following two months, pointing to a short-lived surge. Separate from the so-called “
SummaryTrump-Putin summit to discuss Ukraine ceasefire and LNG projectAlaska LNG project involves 800-mile pipeline for Asian exportsRussia's nuclear icebreaker vessels crucial for Northern Sea Route accessLONDON, Aug 15 (Reuters) – The United States has had internal discussions on using Russia
Google has tasked some of its large contract workforce with helping to evaluate the quality of responses produced by its AI-powered chatbot, and contractors say they\’re often not given enough time to rate the responses\’ accuracy. The com
A group of 287 current and former NASA employees said federal funding cuts will have dire consequences for NASA and the country as a whole. In a Monday letter titled the \”Voyager Declaration,\” addressed to NASA\’s interim administrator and US transpo
The EV battery firm, backed by Renault and other major investors, warns that support for European firms must remain steadfast — despite the collapse of Sweden’s Northvolt. Ensuring fair trading practicesWhen it comes to overseas firms making pro
Elon Musk\’s most ambitious project spun out of control before his eyes once again. SpaceX\’s Starship mega-rocket launched from its Texas facility on Tuesday evening to make an ill-fated third attempt at a huge milestone: releasing its first payload
Three teenage boys in New York City have invented a clever packaging material that they hope will replace toxic plastics and make plastic-free shipping a reality. Zhi Han (Anthony) Yao, Flint Mueller, and James Clare are planning to pursue a patent
After a one-day summit in Beijing, the European Union insisted on the need to immediately rebalance trade relations with China. Besides the restrictions on rare earths, von der Leyen singled out two areas in which progress was \”possible and needed
The Mediterranean tops the latest ranking, which features some notable surprises from the Black Sea and the Alps. The country has consistently ranked in the top spots over the years, featuring heavenly sites like Aya Napa, Nissi Beach, Fig Tree Ba
The wooded region of Podlaskie in northeastern Poland is proving to be fertile ground for technology and innovation. We speak to the companies and graduates at the heart of this unlikely tech hub. ADVERTISEMENT Poland’s Podl
One-fifth of the EU’s exports are heading to the US. Tariffs on the carmaking sector hit the German economy the most, but potential tariffs on the pharmaceutical one could cost substantially to the Irish economy. The German economy relies heavil
Elon Musk\’s feud with President Donald Trump has officially reached orbit. Musk said in a post on X Thursday that SpaceX \”will begin decommissioning its Dragon spacecraft immediately\” in light of Trump\’s statement that floated canceling the billiona
While working at OpenAI, Dario Amodei spent nearly five years helping to develop the language model powering ChatGPT. He\’s been up to a lot since then. In 2021, Amodei launched the artificial-intelligence company Anthropic. He\’s develope
Lobby groups say the money freed up for technology under the budget proposal isnt enough. On Wednesday the Commission presented its much-anticipated proposal for the new long-term EU budget, worth €2 trillion between 2028 and 2034, a sizable
Google has asked staff to test and improve its internal chatbot, Bard, before it\’s launched to the public, but many employees are already playing with a superior version. Googlers built \”Big Bard,\” as the company refers to it internally,
Jared Isaacman isn\’t just a billionaire CEO. He\’s also a SpaceX astronaut and financier — and now he\’s been dragged into the ongoing feud between Elon Musk and President Donald Trump.In December, Trump announced he was nominating Isaacman to be the new NASA Administrator, but rescinded the nominatio
Google has historically fostered a culture of open discussion and dissent, and that\’s been exemplified no better than in the way employees are testing its Bard chatbot. Last week, CEO Sundar Pichai sent a companywide email asking employe
Jeff Bezos\’sBlue Originhas announced the crew for its next space mission, which includes business leaders, space enthusiasts, and entrepreneurs. It\’s a very different lineup from the crew on the previous mission, which included Katy Perry and Lauren
NASA is not announcing the existence of extraterrestrial life. The James Webb Space Telescope has detected a possible sign of it, though.On Wednesday, a peer-reviewed study reported new observations of a possibly ocean-covered planet called K2-18 b,
CompaniesHanwha Solutions CorpFollowHD Hyundai Co LtdFollowLG Chem LtdFollowShow more companiesAug 14 (Reuters) – South Korea will announce a plan this month to restructure its ailing petrochemical sector, Industry Minister Kim Jung-kwan said on Thursday.Below are South Korea's top petrochemica
Google has announced its Bard AI chatbot is now available in more countries and territories, including Europe and Brazil. The latest expansion makes Bard available in \”most of the world\” and in the most widely spoken languages, the compa
Google is on the counteroffensive as the company attempts to reassert its dominance in artificial intelligence. Central to those efforts is the company\’s AI division, led by Jeff Dean, Google\’s senior vice president of research and AI. A
While ChatGPT has spurred a lot of excitement around generative AI, the conversational chatbot is not the only technology to come from OpenAI. The Microsoft-backed company has developed a slew of generative-AI products, including one cal
Europe is leading the US in aid for the first time since June 2022, with a total allocation of €138 billion until June 2025. Could this financial increase be sustained in time if Washington shrinks its support, or is it only a temporary spike? Sti
Amid the pressures posed by unpredictable US-China trade relations, many US firms are considering alternative supply sources to avoid rising prices. Could Europe be the answer? Related Beijing confirms that it has signed a trade agr
This as-told-to essay is based on a conversation with Tracey Woodruff, the director of the Program on Reproductive Health & the Environment at the University of California, San Francisco. She studies how microplastics and toxic chemicals impact fertility and child development. The below has been edi
SummaryUS, Russia aim to reach a deal to halt the war in UkraineLatest US tariffs raise concerns over economic activityTrump threatens further sanctions on buyers of Russian oilUS oil rig count rises by one to 411HOUSTON, Aug 8 (Reuters) – Oil held steady on Friday as markets awaited a meeting in co
Google hesitated for years to release a chatbot out of fear of the repercussions should it say something wrong, according to Noam Shazeer, a former Google Brain engineer and a key figure in the development of its large language-AI technology.
Elon Musk is said to be moving forward with an artificial-intelligence project within Twitter, despite recently signing an open letter calling for an industrywide halt to any AI training for several months. The Tesla billionaire, who acq
Plastics and the chemicals they carry are everywhere, from our air, water, and blood to the products we use every day. Researchers like Dr. Leonardo Trasande know the unexpected places where these chemicals sneak into our lives, like the receipts yo
