Doloresz Katanich

The gross national debt of the United States officially reached $40 trillion for the first time in history this week, according to the US Treasury.

The gross national debt of the United States officially reached $40 trillion for the first time in history this week, according to the US Treasury.

The US debt crossed the $40 trillion threshold after adding $1 trillion in just five months. The total amount is equivalent to what an average US worker would earn in a whopping 615 million years.View on euronews

Shein is seeking a valuation of up to approximately $27 billion (€23.1bn) in its September flotation on the Hong Kong Stock Exchange, far below its reported peak of $100 billion in 2022. Europe is a key market, but new customs rules and regulatory scrutiny threaten its low-cost model.View on euronews

Shein is seeking a valuation of up to approximately $27 billion (€23.1bn) in its September flotation on the Hong Kong Stock Exchange, far below its reported peak of $100 billion in 2022. Europe is a key market, but new customs rules and regulatory scrutiny threaten its low-cost model.

Volkswagen workers have sharply criticised the company's management amid growing uncertainty over possible job cuts and the future of several German factories.

Doloresz Katanich 2 min read The German economy expanded more than previously thought in the second quarter.

Gas and electricity bills could increase in Europe this winter if wholesale prices remain elevated long enough to feed through to consumers.

Anthropic, the artificial intelligence company behind the Claude chatbot, is expected to go public within weeks in a listing that could eclipse the record set by SpaceX's Wall Street debut in June.

Doloresz Katanich The Netherlands will miss its winter gas-storage target amid market conditions that have made stockpiling gas unprofitable, Dutch state-owned gas infrastructure company Gasunie has warned.