Sunday, 12 July 2026 · World
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European finance: the eurozone, the City of London, the ECB and the continent’s companies and markets.

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Trump made over €1 billion from crypto in first year back in office, new filing shows

US President Donald Trump earned roughly $1.2 billion (€1.05bn) from his family's cryptocurrency ventures during his first year ba…

EBRD backs young entrepreneurs as Uzbek small firms seek credit

The financing comes as small businesses account for more than half of Uzbekistan’s GDP, but many still lack the records, collatera…

Abivax shares jump 36% as new trial data support ulcerative colitis drug obefazimod

French biotech company Abivax said new clinical trial data supports the safety and effectiveness of its experimental ulcerative co…

Scandinavian Airlines bets on recovery with record €8.75 billion Airbus jet order

Scandinavian airline SAS has placed the biggest order in its history, agreeing to buy up to 40 Airbus widebody jets in a deal wort…

Iran's inflation spiral deepens as rial slides and tensions rise

As Iran's rial falls to record lows amid escalating military tensions in the Persian Gulf, a sharp rise in inflation is pushing up…

EU allocates steel import quotas to trading partners to curb import surge

The new quotas will come into force on 1 July, with some preferential treatment agreed for partners bound by a trade agreement wit…

The $5 billion AI export plan gathering momentum in Central Asia

Uzbekistan is aiming to move from outsourcing into higher-value services, using its young workforce, energy resources and digital …

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