France accuses Russia of using gas supply as 'weapon of war'
France on Tuesday accused Moscow of using energy supplies as "a weapon of war" as Russian gas giant Gazprom reduced deliveries to one of its main utilities and prepared to halt flows along the major pipeline to Germany from Wednesday.
Private label ousting big brands as cost of living crisis grows
Tomasz Luksza, who took over his father's Polish confectionary business just over a decade ago, has a problem he's not unhappy about: European supermarkets want more gummy bears and chocolate-covered marshmallows than he can make.
Column - Scarcity Changes The LME Warehousing Game: Andy Home
The London Metal Exchange's (LME) global warehousing network is shrinking rapidly.
Zurich Insurance Shares Rise On H1 Profit Beat, Share Buyback
Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the board and announced a bumper 1.8 billion Swiss francs ($1.91 billion) share buyback on Thursday, sending its shares higher.
Lloyd's of London's Hiscox to provide insurance for Ukraine grain corridor
Hiscox is committed to a planned insurance consortium providing cover for ships travelling through a safe passage from Ukraine.
Austria's RBI sees big profit gains in Russia and Belarus
The Russian and Belarusian operations of Raiffeisen Bank International (RBI) posted the sharpest gains in profit among its subsidiaries in the first half.
After a record first half, Lamborghini prepares for a cold winter
Chief Executive Stephan Winkelmann said he is preparing for a challenging winter if Europe's energy crunch gets worse.
UK's Domino's Pizza says inflation took bite out of profits
Britain's Domino's Pizza reported a 16% fall in first-half pretax profit on Tuesday.
HSBC hangs up on Ping An break-up call, lifts payout and profit goal
HSBC pushed back on a proposal by top shareholder Ping An Insurance Group Co of China to split the lender.
Japan's top airline ANA reports first net profit in 10 quarters
ANA on Monday posted a quarterly net profit for the first time in two and a half years as the sector recovers from the financial pain of the pandemic.
Samsung Electronics says operating profits up 12.18 percent in Q2
South Korean chip powerhouse Samsung Electronics said Thursday that second-quarter operating profits were up 12.18 percent.
Europe's banks flash some good news but downbeat on economy
European banks this week offered flashes of surprisingly good news on profits, but some executives spoke of a bleak outlook for the rest of the year.
Analysis: Food delivery companies revamp for cost-of-living crunch
When food delivery service Grubhub struck a deal with Amazon earlier this month, offering Prime customers a year's free delivery, shares in rivals slumped.
Airlines' fragile recovery from Covid
Airlines, including British Airways and Lufthansa, have been forced to axe thousands of flights owing to a lack of staff.
Global airlines chief slams new Heathrow restrictions
The head of a body representing global airlines hit out at new restrictions at London's Heathrow on Tuesday, saying the airport had under-estimated the speed of the recovery and was focused on profits at the expense of airlines that must now foot the bill.
Australian BNPL Star Zip Pulls Buyout Of Rival Amid Tech Rout
Australian buy-now-pay-later (BNPL) firm Zip Co Ltd dumped a buyout of U.S.
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Investment platforms face hangover after pandemic party
The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy.
Samsung Electronics Q1 operating profit jumps 51% on solid chip demand
Revenue rose 19% to a record 77.8 trillion won.
Huawei reports record net profit as exec Meng makes public return
The company attributes its profitability to "improved product portfolios and more efficient internal operations"
Amazon holiday quarter profit doubles
Facebook's parent firm Meta suffered on Thursday a plunge in stock value that was comparable to the size of New Zealand's economy.
Cybersecurity firm McAfee to be sold for more than $14 billion
After several years of back-to-back losses, the company seems set to return to profitability this year.
4 Best Ways to Maximize Your Bitcoin Trading
The number of Bitcoin traders is increasing steadily despite the volatile nature of this virtual currency.
Uber posts big loss as pandemic clobbers ridesharing, despite delivery offset
Revenue in the quarter was $3.2 billion, a 16-percent decrease from the same period a year earlier.
Jeff Bezos to step down as Amazon CEO
Bezos, 57, founded Amazon in his garage in 1994 and went on to grow it into a colossus that dominates online retail.
'Nobody will be thinking about Cristiano' Portugal coach not interested in Ronaldo's record
Fernando Santos said that Ronaldo's chance to create a record in international football would not influence Portugal's gameplan.
McDonald's launching meatless 'McPlant' burger
McDonald's had already tested out a plant-based burger in Canada in cooperation with the company Beyond Meat, which specializes in vegan meat substitutes.
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BTS management agency stock doubles on market debut
The IPO price was set at 135,000 won ($118) but within minutes of the Kospi exchange opening the stock was trading at 330,000 won.
Uber earnings hit hard as pandemic stalls revenue
Uber said the company sees a recovery from the crisis that will allow it move into profitability.