Business Editor

Elena Rossi is an economist‑turned‑journalist from Milan. She worked in financial markets analysis before transitioning into media. At Europa Express she breaks down complex economic topics—corporate strategy, EU trade policy, taxation and markets—into accessible stories with clear context. Elena believes business journalism should illuminate how policies affect everyday lives, not just share price movements.

Network Rail repairs overhead wires at Ardwick Junction to end Manchester Piccadilly train disruption

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Operators across the network are implementing contingency measures to maintain passengers moving

Manchester Piccadilly station is experiencing major disruption on Thursday, April 16, 2026, after damage to overhead electric wires forced widespread train cancellations and delays across multiple rail operators. The fault originated at Ardwick Junction, located between Manchester Oxford Road and Piccadilly, where damaged overhead lines are preventing trains from running in both directions through the … Read more

IEA Warns Europe Faces Jet Fuel Shortages Within Six Weeks

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Why fuel reserves are hitting critical levels

Europe faces a window of roughly six weeks before jet fuel shortages trigger widespread flight cancellations, according to Fatih Birol, executive director of the International Energy Agency. The warning comes as the war between the U.S., Israel, and Iran continues to choke off vital energy supplies through the Strait of Hormuz, a critical export route … Read more

UK Economy Grows 0.5% in February Despite IMF Growth Downgrade

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Military operations in Iran render February data stale

The U.K. Economy expanded by 0.5% in February, according to preliminary data from the Office for National Statistics released Thursday. This growth significantly outperformed Reuters economist polls, which had projected a modest 0.1% monthly increase. Construction led the rebound with a 1% increase, while both production and services sectors grew by 0.5%. This follows a … Read more

Stack BTC CEO Jai Patel steps down as David Galan takes over

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From the liquidation of Kasei Investment Holdings came Stack BTC

Jai Patel, the chief executive of Stack BTC, stepped down from the board on Wednesday. The company announced the departure as it attempts to convince shareholders that the venture will deliver long-term value. He leaves behind a firm in the midst of a total identity shift. From the liquidation of Kasei Investment Holdings came Stack … Read more

UK GDP expands 0.5% in February, beating expectations

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Services and construction drove a surprise 0.5% jump in February

UK GDP expanded by 0.5% in February, far exceeding the 0.1% growth economists expected, though the gain arrives just as a new war in the Middle East threatens to erase it. The surge suggests the economy was gaining momentum before military operations began on February 28, creating a stark contrast between the official data and … Read more

UK private rents outside London plateau for first time since 2017

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Landlords are cutting prices to attract tenants

Typical advertised private rents outside London stayed flat at £1,370 ($1,740 / €1,600) per month during the first quarter of 2026. This plateau marks the first time since 2017 that rents have failed to increase in the first three months of the year compared to the previous year’s close. The last time the market saw … Read more

China hits 5% first quarter growth target despite Iran war disruptions

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Imports jumped nearly 28% in March

China’s economy expanded by 5% in the first quarter of 2026, exceeding economist expectations and hitting the government’s growth target despite the onset of the Iran war. The January-March data, released Thursday, shows an acceleration from the 4.5% growth recorded in the final quarter of last year. This resilience comes amid a volatile trade environment. … Read more

Top 100 Oil and Gas Companies Bank $23 Billion in Monthly War Windfalls

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State-owned giants and supermajors lead the profit surge

The world’s 100 largest oil and gas companies banked more than $30 million every hour in unearned profit during the first month of the US-Israeli war in Iran. This surge in wealth follows a price spike in March that pushed crude oil to an average of $100 (£74) per barrel, resulting in $23 billion in … Read more

IMF warns global government debt will exceed 100% of GDP by 2029

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U.S. And European debt levels face heightened market volatility

Global government debt is on track to exceed 100% of GDP by 2029, a threshold not seen since the end of the second world war, according to the International Monetary Fund’s April 2026 Fiscal Monitor. The fund warned that the war in the Middle East is exacerbating an already fragile financial environment by driving up … Read more