Elon Musk has won the backing of some of the world’s wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N).
From Oracle Corp’s (ORCL.N) co-founder ...
Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data seen by Reuters shows, reflecting a number of factors including ...
Facebook owner Meta Platforms Inc (FB.O) on Wednesday gave an early glimpse of its first physical store, which features a floor-to-ceiling screen for showing off games on its virtual ...
Britain’s Wetherspoon(JDW.L) expects to break even this year if there are no further COVID-19 restrictions, but a fresh warning from the pub group on Wednesday over “considerable” ...
Europe’s antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of US tech giants, called on Thursday for a global approach towards Big Tech to ...
The global PC market, which includes tablet shipments, showed signs of resilience during the first quarter of 2022, despite a slight contraction, according to a report released this week by technology ...
By Maria Demertzis and Francesco Papadia
When Europeans imposed sanctions on Russian firms and authorities, they did not sanction Gazprombank. This was necessary or European companies would not have been ...
The European Central Bank should raise its deposit rate back into positive territory this year, French central bank chief Francois Villeroy de Galhau said on Friday, comments that point to ...
Extensive building renovations and the use of heat pumps could nearly halve Europe’s Russian gas use, researchers said on Friday, although industry groups said this would require a substantial ...
The European Union aims to cut off Sberbank (SBER.MM), Russia’s largest lender, from the SWIFT international payment system as Western allies seek to further isolate Moscow from financial ...
British Airways owner IAG (ICAG.L) has scaled back plans to ramp up short-haul capacity at Heathrow airport, saying a cut of around 5 per cent to its summer schedule would ...
Revenue for carmaker Stellantis (STLA.MI) rose 12 per cent in the first three months of the year, supported by strong pricing and the type of vehicles sold, offsetting the impact ...
A US Senate committee is expected to pass a bill on Thursday that could open members of the Organization of the Petroleum Exporting Countries and its partners to antitrust lawsuits ...
BMW (BMWG.DE) posted a rise in first-quarter profit on Thursday, boosted by a reevaluation of the German car maker’s stake in its Chinese joint venture and strong pricing, ...
Hungary and Slovakia will be able to continue buying Russian crude oil until the end of 2023 under existing contracts, an EU source told Reuters on Wednesday, benefitting from exemptions from ...
The European Union has proposed a phased embargo of Russian oil, tightening its sanctions on Moscow for its invasion of Ukraine. What would the impact be of banning Russian barrels ...
Turkey’s annual inflation jumped to 69.97 per cent in April, above forecast and at a two-decade high, according to data on Thursday, fuelled by the Russia-Ukraine conflict and rising energy ...
The Russian rouble jumped on Wednesday to around a two-year high against both the dollar and the euro, retaining the support of hefty capital controls as the European Union proposed ...
War may be raging on their doorstep but Central Europe’s economies are outpacing their euro zone peers as consumer spending booms. A reversal could come as soon as this ...
Norway’s $1.2 trillion sovereign wealth fund is prepared for a rocky ride as it confronts the biggest geopolitical changes in three decades, its chief executive said on Tuesday.
“We probably ...
Stellantis (STLA.MI) has agreed to buy the Share Now car-sharing business from BMW (BMWG.DE) and Mercedes-Benz (MBGn.DE) as the two German groups focus more on the software ...
Oil prices bounced on Wednesday ahead of an announcement by the US Federal Reserve and further sanctions on Russia by the European Union, offsetting demand worries in top importer China.
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Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have ...
Sales of Green, Social and Sustainability (GSS) bonds in Europe could total 1.6 trillion euros ($1.68 trillion) by 2026, making up almost half of all new bond issuance in the region, according to ...