A court in Turin is set to rule in the coming weeks on an inheritance dispute dividing the Agnelli family, the founders of the Fiat car company and arguably the ...
Big European companies have delivered significantly stronger than expected first-quarter results, defying a challenging economic backdrop that includes surging inflation and rising interest rates.
But European stocks are down from ...
Europe’s growing dependence on imported critical raw materials (CRMs) should be viewed as a major concern, according to recent comments by Mark Rachovides, chairman of Cyprus mining company Venus ...
Aston Martin’s (AML.L) stock popped nearly 22 per cent on Thursday, after the luxury carmaker announced a 234 million pound investment by China’s Geely (0715.HK), that will see the ...
Sony Group Corp (6758.T) on Thursday said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on ...
BT Group (BT.L), Britain’s biggest broadband and mobile provider, will cut up to 55,000 jobs including contractors by 2030 – potentially over 40 per cent of its workforce – as it completes its ...
Bankers are beefing up risk management, monitoring and emergency procedures around the use of social media after an internet-fueled run toppled Silicon Valley Bank two months ago and sparked turmoil ...
If investors agree on one thing this year, it’s that the dollar is going to fall. That’s made the greenback’s 2 per cent bounce over the last month ...
Deutsche Bank AG (DBKGn.DE) has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the ...
Euro zone inflation accelerated last month, Eurostat said on Wednesday, confirming preliminary data pointing to increasingly stubborn price growth among the 20 nations sharing the euro.
Overall price growth accelerated to 7.0 ...
British car plants will close with the loss of thousands of jobs unless the Brexit deal is swiftly renegotiated, Stellantis (STLAM.MI) has told the UK parliament, the latest in ...
Tesla Inc (TSLA.O) boss Elon Musk, who has never used traditional advertising to sell cars, said on Tuesday that the automaker would try it and see whether it produced ...
UBS Group AG (UBSG.S) was rushed into buying cross-town rival Credit Suisse Group AG (CSGN.S) in a deal it did not want, as a global bank crisis worsened ...
Turkey’s market rout deepened on Tuesday amid investor expectations that President Tayyip Erdogan could be able to extend his rule – and his unorthodox economic policies – into a third decade.
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Tesla Inc CEO Elon Musk will be under pressure to address investor concerns about the lack of a clear successor, softening demand and delays of some new models when he ...
European Union states on Tuesday gave the final nod to the world’s first comprehensive set of rules to regulate cryptoassets on Tuesday, piling pressure on countries such as Britain ...
US retail sales increased less than expected in April, but the underlying trend was solid, suggesting that consumer spending likely remained strong early in the second quarter, despite growing risks ...
The pound dropped on Tuesday after a rise in Britain’s jobless numbers suggested fewer Bank of England rate increases could be needed in the coming months to bring down ...
Tesla Inc’s (TSLA.O) new vehicle-assembly system, which created instant buzz when it was unveiled in March, ignited a debate among auto manufacturing experts on whether CEO Elon Musk’...
As talks over raising the US government’s $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for the fallout from a potential default.
The financial ...
The US Virgin Islands has subpoenaed Tesla Inc (TSLA.O) CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co (JPM.N) of helping enable sexual abuses ...
US lawmakers are grappling with what guardrails to put around burgeoning artificial intelligence, but months after ChatGPT got Washington’s attention, consensus is far from certain.
Interviews with a US ...
Hacker groups affiliated with North Korea have stolen $721 million worth of cryptocurrency assets from Japan since 2017, the Nikkei business daily reported on Monday, citing a study by UK blockchain analysis ...
Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer its sale to a group of lenders, capping years of financial ...