Shares in H&M were down 6% in early trade, underperforming the wider Swedish market (.OMXSPI). Year-to-date they are...
Timilehin Adejumobi
By 2025, a fourth of new sales will be all-electric, the company said, rising to a third...
Investors had begun to doubt the ECB's commitment to another big rate hike this week after the...
Spot gold was up 0.1% at $1,903.64 per ounce as of 0316 GMT, trading in a $6...
That said, Tuesday's U.S. inflation news should not force the Fed's hand on aggressive hikes, as was...
Samsung's around 300 trillion won project is part of a 550 trillion won private-sector investment plan unveiled...
Investors piled back into stocks in U.S. markets overnight as fears about contagion in the banking sector following the collapse of...
Gross domestic product grew by 3.9% in October-December, the second quarter of the fiscal year, while the...
The approval of the measures at Tuesday's shareholder meeting comes as AMC faces an April 27 hearing...
Expectations shifted abruptly after a bank run triggered the failure of two banks and a dramatic move...
Meta, which is pouring billions of dollars to build the futuristic metaverse, has struggled with a post-pandemic...
Stocks have been hammered in the past few days following the collapse of SVB Financial Group (SIVB.O) and peer...
Binance has been informed by its partner for sterling transfers, Paysafe, that it would halt its services...
Bitcoin rose to $26,533 at around 1306 GMT, up around 10% on the day at its highest...
Nokian Tyres last year said it would sell the Russian tyre making business in response to the war in...
The bank stock fell by about 1.6% after Credit Suisse said it had found “material weaknesses” in its financial...
Since the agency first published a report on GCC banks' exposure to energy transition three years ago,...
Treasury yields rise as investors assess interest rate outlook ahead of key inflation data
1 min read
Shockwaves linked to Silicon Valley Bank’s failure continued to reverberate through markets. Bond yields had plummeted as prices rose...
The investments come as Volkswagen, Europe's top carmaker, tries to close a gap with electric vehicle (EV)...
As recently as a week ago, investors were just recovering from a reality-check that prompted many to...
HSBC bought the UK arm of Silicon Valley Bank for a symbolic one pound on Monday, rescuing...
The fallout sent traders scaling back their bets on how much further the Fed would continue raising...
The company rolled out support for creators to share NFTs on Instagram and Facebook last year, when...
Markets remained nervous following the collapse of Silicon Valley Bank last week and the failure of New...
The sudden shutdown of SVB Financial (SIVB.O) triggered concerns about risks to other banks resulting from the U.S. Federal...
Neuralink competitor Science launches new platform to accelerate medical device innovation
2 min read
The cost of the technology required to develop medical devices is often “prohibitive” for early-stage startups, Science...
The all-cash deal has been approved by Qualtrics’ board of directors and a Qualtrics committee of independent...
SVB's failure, which the Fed came to a view as a potentially systemic shock if bank depositors...
This week the European Commission, the EU's executive arm, will present plans to reform Europe's electricity market,...
The ECB's 26-member governing council will "very, very likely" raise interest rates by another half a percentage...
Charles Schwab shares head for worst day ever, drop 20% as fears of banking crisis deepen
1 min read
The sharp pullback came even as Schwab reassured shareholders and customers that it isn’t seeing significant outflows...
