International

Shares in French luxury giant LVMH (LVMH.PA) fell more than 6 per cent on Wednesday and were on track for their biggest one-day drop since October 2023 after its second-quarter sales ...

A week of hot summer weather at the end of June, England reaching the final of the Euro 2024 soccer championship and promotions on branded goods drove UK grocery sales over ...

Growth in eurozone business activity stalled this month as a tepid expansion in the bloc’s dominant services industry failed to offset a deeper downturn among manufacturers, a survey showed ...

Tesla (TSLA.O) on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as the electric vehicle maker ...

Grid Telecom, a wholly-owned subsidiary of Greece’s Independent Power Transmission Operator (IPTO), and Dawiyat Integrated, a telecommunications arm of Saudi Electricity Company (SEC), this week signed a Memorandum of ...

Alphabet (GOOGL.O) beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services, but flagged that ...

A jump in British household savings since the COVID-19 pandemic appears here to stay and cannot be fully explained by higher interest rates or unemployment fears, according to the country’...

Israeli cybersecurity startup Wiz has ended talks with Google-parent Alphabet (GOOGL.O) on a reported $23 billion deal in which it would have become the US tech giant’s largest-ever acquisition, ...

Turkey’s central bank held its policy rate steady at 50 per cent on Tuesday as expected and repeated it remains highly attentive to inflation risks, even as it expects disinflation ...

Commercial greenhouses in Europe are testing new energy and water efficiency technologies in support of the green transition. By Bárbara Pinho In the province of Almería in southeastern ...

Apple is partnering with the philanthropic arm of real estate firm Sobrato and two other California-based groups to launch a fund with an initial investment of $50 million to support affordable ...

Meta Platforms has announced that it has decided to suspend use of generative artificial intelligence tools in Brazil in response to the government’s objections to its new privacy policy ...

Russia should accelerate the creation of infrastructure for payments in cryptocurrencies but carefully weigh the associated risks, its money laundering watchdog said in a statement, ahead of a parliamentary vote ...

EU antitrust regulators are asking industry participants if Google’s (GOOGL.O) multi-year generative artificial intelligence (AI) deal with Samsung (005930.KS) hinders rival chatbots on Samsung smartphones, according to an ...

European companies are seeing outsized gains and losses in their shares when they report earnings, a Reuters analysis shows, a trend that has more to do with the growing sway ...

Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the ...

Outsized positions in artificial intelligence darling Nvidia (NVDA.O) have boosted portfolio managers’ returns this year but the bets stand to magnify risk if the chipmaker’s red-hot shares see ...

By Maria Demertzis, André Sapir, Jeromin Zettelmeyer After every European election, Bruegel produces a series of memos to the new European Commissioners that will take office in Brussels. The first ...

Poland’s antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for ...

European aerospace groups Airbus (AIR.PA) and Thales (TCFP.PA) are exploring a tie-up of some space activities as new competition disrupts the sector, two industry sources said. The sources ...

France’s ailing public finances and its 154 billion euros ($168 billion) deficit figure leave the euro zone’s second-biggest economy “dangerously exposed” in case of a new macroeconomic shock, according to ...

The French competition authority confirmed this week that an investigation is underway into chipmaker Nvidia (NVDA.O) over alleged anti-competitive practices. Benoit Coeure, president of the agency, told Reuters on ...

British recruiters warned of tough hiring market conditions in the near-term as workers avoid switching jobs and employers take longer to fill vacant positions due to economic and political uncertainties ...

British luxury group Burberry (BRBY.L) on Monday sacked its CEO and named former Coach boss Joshua Schulman to replace him, as it promises a “more familiar” look and presses ...