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Politics
Britain plans new regulations after setbacks
Buy now, pay later firms like Klarna and Block's Afterpay could be about to face tougher rules in the U.K.Nikolas Kokovlis | Nurphoto | Getty ImagesBritain's new Labour government will soon set out updated plans to regulate the "buy now,…
Unilever pops 6% on guidance raise, says Ben & Jerry’s spinoff on track
Tubs of Ben & Jerry's ice cream in a store freezer in London, UK, on Thursday, April 25, 2024. Unilever Plc said it wanted to shed its ice cream division, which generates around 8 billion ($8.5 billion) in annual sales, in a bid to…
Revolut clinches UK banking license, ending three-year wait
Revolut cards is seen in this illustration photo taken in Krakow, Poland on March 29, 2024. Jakub Porzycki | Nurphoto | Getty ImagesBritish fintech startup Revolut on Thursday that it had received a preliminary banking license with…
Corporate earnings, Wall Street selloff
The Unilever headquarter building seen by the Nieuwe Maas river in Rotterdam. Sopa Images | Lightrocket | Getty ImagesLONDON — European markets are heading for a lower open Thursday, with a flurry of corporate earnings and a selloff on…
South Korea GDP, Wall Street sell-off
In a photo taken on November 4, 2019 a subway train crosses a rail bridge over the Han river, before the skyline of the Yeouido business district of Seoul.Ed Jones | Afp | Getty ImagesJapan's Nikkei 225 extended its six-day losing streak…
Harris’ tech allies on track to raise $100 million, Silicon Valley skeptics
Vice President Kamala Harris' allies in the tech community have launched a behind-the-scenes lobbying campaign to convince wealthy donors to back her campaign for president, according to people familiar with the matter.Longtime investors…
Chinese EV startups are spending more on research than Tesla is
Nio's second factory in the city of Hefei has around 2,000 human workers and 756 robots.CNBC | Evelyn ChengBEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to…
Biden explains his decision to exit presidential race, back Harris to take
President Joe Biden will delivered a speech from the Oval Office to explain his decision to drop out of the presidential race against former President Donald Trump, and laid out his plan for the remaining months of his term.It was the…
Nvidia supplier SK Hynix posts highest profit in 6 years on AI chip boom
A man walks past a logo of SK Hynix at the lobby of the company's Bundang office in Seongnam on January 29, 2021.Jung Yeon-Je | AFP | Getty ImagesSK Hynix, one of the world's largest memory chipmakers, on Thursday said second-quarter…
‘Defense of democracy’ drove Harris endorsement
U.S. President Joe Biden addresses the nation from the Oval Office of the White House in Washington, Wednesday, July 24, 2024, about his decision to drop his Democratic presidential reelection bid. Evan Vucci | Via ReutersPresident Joe…