Europe

Ryanair Reports 34% Increase in Net Profit

Irish low-cost carrier Ryanair said that their net profit rose to $2.09 billion or 34%, making it its best-ever financial performance.


Tesla Offers Unofficial Discounts to European Leasing Companies Amid Price Cut Fallout

Tesla is making efforts to address concerns raised by European leasing companies due to multiple retail price cuts and delays in service...

UK to Put Up Office in San Francisco to Address AI Risks

The UK is intensifying its efforts to assess and address AI risks by opening a new office in San Francisco...

Slovak Media Fears Government Crackdown After PM Assassination Attempt

Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS...


Latest News

Greek central bank issues 'Grexit' warning if aid talks fail
The Greek central bank warned on Wednesday that the country would be put on a "painful course" towards default and exiting the euro zone if the government and its international creditors failed to rea
Oil prices rise on strong U.S. demand
Brent crude oil rose on Wednesday as strong demand and falling stockpiles in the United States pushed prices higher.
Samsung partners with Sigfox for Internet of Things
Samsung, the technology giant has announced its undisclosed amount of investment in France-based start up Sigfox, which has recently raised $115 million mega round in venture capital.
Citi faces headwinds in commodity trade finance, presses on with expansion
Citigroup Inc (C.N) and rivals in the commodity trade finance sector are facing headwinds of weak oil prices, sanctions on Russia and stiff competition, which have pressured fees.
Greek standoff saps Europe, dollar swings ahead of Fed
European shares hit a near four-month low and yields on lower-rated euro zone sovereign debt climbed to their highest point since November, as financial markets braced for the possibility of Greece de
Oil falls on dollar, Libya output, Yemen talks
Oil prices fell on Monday as the Greek debt crisis helped boost the dollar, making fuel more expensive to holders of other currencies, and as United Nations talks offered a chance for peace in Yemen w
Boeing sees potential for over 1,000 jets in mid-market
Boeing Co (BA.N) is exploring a potential market of over 1,000 aircraft in a niche between its single-aisle 737 and wide-body 787, but has not decided whether to invest in a new jetliner, its sales ch
Metro says won't sell Kaufhof 'below value'
German retailer Metro AG (MEOG.DE) will not compromise on price for a sale of its department store chain Kaufhof and other factors such as solid financing will also be important in the decision, Finan
Hopes high for Thiam turnaround at Credit Suisse
Tidjane Thiam starts work as CEO of Credit Suisse (CSGN.VX) next month with investors optimistic he can bring about a major change of strategy at the bank, even if he has to raise cash to do it.
China to extend economic diplomacy to EU infrastructure fund
China will pledge a multi-billion dollar investment in Europe's new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters - Beijing's latest round of
Real Time Analytics