Browsing Category
Politics
UniCredit boosts its stake in Commerzbank, applies to own up to 29.9% of
Commerzbank headquarters in the financial district of Frankfurt, Germany, on Sept. 12, 2024.Bloomberg | Bloomberg | Getty ImagesUniCredit announced on Monday it had increased its stake in German lender Commerzbank to around 21% and…
Trump assassination attempt: Ryan Routh evidence revealed
Ryan W. Routh, suspected of attempting to assassinate Republican presidential nominee and former U.S. President Donald Trump at his West Palm Beach golf course, stands handcuffed after his arrest during a traffic stop near Palm City,…
Britain’s finance minister calls for spending discipline but no return to
Britain's Chancellor of the Exchequer Rachel Reeves speaks on the second day of the annual Labour Party conference in Liverpool, north-west England, on September 23, 2024. Paul Ellis | Afp | Getty ImagesLiverpool, ENGLAND — U.K. Finance…
Luxury stocks slip as fears grow of a prolonged downturn
An advertisement for Hugo Boss AG in Shanghai, China, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty ImagesLONDON — European luxury stocks tumbled on Monday as analysts warned of a deteriorating demand outlook, particularly…
Battery giant Northvolt to cut 25% of Swedish workforce in cost-cutting
Employees of the State Archaeological Office have hung pictures of finds from a construction trailer during a main archaeological investigation on the Northvolt site. Picture Alliance | Picture Alliance | Getty ImagesBattery maker…
Europe adrift without a rudder as France and Germany fight crises
Steel worker at the blast furnace tap of the at the Salzgitter AG steelworks on March 02, 2020 in Salzgitter, Germany. Maja Hitij | Getty Images News | Getty ImagesEurope looks to be heading toward a downturn as its biggest economies,…
TSMC and Samsung in talks with UAE on chip megafactories, WSJ reports
The Dubai International Financial Centre (DIFC) area of Dubai, United Arab Emirates, with the Burj Khalifa in the backdrop, Sept. 16, 2022.Christopher Pike | Bloomberg | Getty ImagesGlobal chip giants Taiwan Semiconductor Manufacturing…
European stocks; live stock moves, PMI data, Fed cut reaction
Customers sit outside at a cafe terrace in Paris, France, on Nov. 10, 2021.Bloomberg | Bloomberg | Getty ImagesLONDON — European stocks were flat in early trade Monday morning as German and French business activity data pointed to…
UK Finance Minister Reeves vows no austerity despite tough budget
Britain's Finance Minister Rachel Reeves has pledged to make the "necessary", "urgent" and "incredibly tough" choices to restore the country's economic stability.Pool | Getty Images News | Getty ImagesFinance minister Rachel Reeves will…
A stunning sterling rally is about to collide with Britain’s political
LONDON — The British pound has jumped to its highest level in two-and-a-half years following a hawkish rate hold from the Bank of England, but strategists warn the upcoming U.K. budget could pose a risk to investor and consumer…