International

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” ...

German exports fell more than expected in May, due to weak demand from China, the US and European countries, data from the federal statistics office showed this week. Exports fell ...

Global passenger demand in May 2024 increased by 10.7 per cent compared to the same month in 2023, according to the latest data from the International Air Transport Association (IATA). The overall demand, ...

The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year despite a drop in listings, an industry report ...

Skydance Media and Paramount Global (PARA.O) agreed to merge, the companies announced late on Sunday, scripting a new chapter for one of Hollywood’s oldest studios. The companies agreed ...

British fintech company Revolut’s CEO Nikolay Storonsky will cash in part of his multibillion dollar stake in the company as part of a $500 million share sale, according to a ...

The pound traded at a three-week high against the euro on Monday, after Sunday’s election in France looked likely to result in a hung parliament that raises the risk ...

French shares fell, the risk premium of French bonds over German rose and the euro dipped on Monday, after elections left France facing a hung parliament and the prospect of ...

Global shipments of augmented reality (AR) and virtual reality (VR) headsets experienced a significant decline of 67.4 per cent year over year in the first quarter of 2024, according to a report ...

The enterprise applications market experienced significant revenue growth in 2023 as artificial intelligence (AI), particularly generative AI (GenAI), began to transform the employee and customer experience of business software. According to ...