International

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 ...

US technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla (TSLA.O), which was seeking a patent licence ...

Kuwait’s budget is projected to show a deficit of 5.6 billion dinars ($18.33 billion) for the 2024-2025 fiscal year, with expenses estimated at 24.5 billion dinars and revenues at 18.9 billion dinars, according ...

The gap in returns between the S&P 500 and the index’s equal-weighted counterpart is at its widest in 15 years, underscoring the need to diversify beyond AI heavyweights such ...

By Fausto Corvino The era of low-cost air travel in Europe may be over for good, thanks in part to recent EU environmental policies. All in all, this is good ...

EU-funded researchers are using AI and satellite technologies to make the continent’s renewable energy infrastructure more reliable. By Jack McGovan Solar panels and wind turbines had to be shut ...

Investments in artificial intelligence (AI) startups surged to $24 billion from April to June, more than doubling from the previous quarter, according to data from Crunchbase, highlighting the growing appetite for ...

Russian traders have finalised a share exchange for investors in Yandex, often dubbed Russia’s Google, one of the final steps needed to complete a more than $5 billion deal that ...

By Maria Demertzis  When the extreme right party National Rally won first place in the European elections earlier this June, President Emmanuel Macron felt that confidence in the governing coalition ...

Global hydroelectric generation slumped to a five-year low last year as a result of lower-than-average rainfall across China, North America and India, contributing to record fossil fuel combustion and emissions ...

Microsoft (MSFT.O) has ditched the board observer seat at OpenAI that has drawn regulatory scrutiny on both sides of the Atlantic, saying it was not necessary after the AI ...

Deutsche Lufthansa (LHAG.DE) slashed its 2024 earnings guidance for a second time and issued a profit warning for its second quarter on Friday as one of Europe’s top airlines ...

Lucid Group (LCID.O) reported second-quarter deliveries above market expectations this week, as price cuts helped boost demand for its luxury electric sedans. Demand for electric vehicles has grown at ...

With doubts growing about whether President Joe Biden will remain a candidate for re-election in 2024, some investors are preparing to game out potential economic scenarios and trades if a stronger ...

Fast fashion retailer Shein said it would invest 250 million euros ($271 million) over five years in the UK and Europe as the company battles criticism of its model based around flying ...

Taiwan’s central bank announced that it has no timetable for launching a digital currency, warning the process will be “huge and complex”, but it will hold public hearings on ...

The prospect of near-term interest rate cuts is bolstering the case for investors to remain bullish after a run in US stocks that may soon be tested by upcoming corporate ...

Meta Platforms’ (META.O) newest social media offering Threads has over 175 million monthly active users, according to a report by CEO Mark Zuckerberg, published a year after it first launched. ...

German insurers expect to see a lower increase in premium income this year, the German Insurance Association (GDV) said this week, as the life insurance business struggles with a delayed ...

Digital payments have a significantly smaller environmental impact compared to cash transactions, according to a report by the European Digital Payments Industry Alliance (EDPIA). The study, conducted by Oxford Economics, ...

Investor morale in the eurozone broke an eight-month streak of improvements with a bigger-than-expected decline in July, a survey showed this week, describing the results as a “bitter setback”. Sentix’...

Carlsberg (CARLb.CO) has agreed to buy British soft drinks maker Britvic (BVIC.L) for 3.3 billion pounds ($4.23 billion), a move the Danish brewer said would forge a UK beverage “powerhouse” ...