Amazon makes its biggest profit since the lockdown shopping boom
Amazon has revealed its biggest profit since the lockdown online shopping boom after a leap in sales.
The…
Yearly Archives
2023
Euroclear makes €3 billion from frozen Russian assets
Euroclear earned over €3bn this year in profits from Russian assets that were frozen by EU sanctions at the…
Jim Ratcliffe won’t be able to buy Manchester United shares through his…
Ineos Group, the chemical company owned by British businessman Jim Ratcliffe, has assured creditors that it will…
London Heathrow Airport lifts forecast citing return of Asia and business traffic
London Heathrow Airport has raised its forecasts for 2023 in terms of passenger traffic and cash flows. The airport…
Tesco Appoints former Aldi Boss to Head UK Operations
The Russian billionaire Mikhail Fridman has failed to get some relief from the strict sanctions that were imposed…
Land Rover Electric Defender to be Made in Slovakia
Jaguar Land Rover is building an electric version off-road Defender in Slovakia, as part of the company's…
Mattel sales increase due to global success of Barbie movie
Mattel's sales have risen for the first time since last year thanks to the Barbie film.
The US toymaker credits…
Mercedes: Electric car market is brutal for manufacturers
Mercedes-Benz said that the electric car market was "brutal" to carmakers due to intense competition forcing them…
ECB maintains interest rates at current levels amid fears of recession in the…
European Central Bank paused the most aggressive cycle of rate increases since the introduction of the Euro amid…
Early drug treatment for Alzheimer’s disease is beneficial according to new…
Researchers from Eisai and Eli Lilly presented a study that showed the benefits for patients of using new…
Carmakers warn that time is running out on post-Brexit EV tariff delays
In a letter addressed to Ursula von der Leyen, the Commission's President, Europe's largest auto lobby group has…
UBS extends credit line to Qatari Sheikh for $9 billion in Mideast push
People with knowledge of this matter claim that UBS Group AG has extended a credit line of $9 billion to one of…
Europe’s Wine Harvest Swells After Challenging Climate
Gas prices are still around 50 euros ($53), more than twice the average of the decade prior to Vladimir Putin's…
Brookfield and Qatar Invest £400 million in Canary Wharf Group
Jeremy Hunt, Chancellor of Exchequer, has told the pensions sector that it must push forward with reforms. The…
Meta (META) Shares Rise After Q3 EPS, Revenue Beat Estimates
Meta Platforms Inc. Investors' hopes of a long-term recovery in advertising were dashed by Meta Platforms Inc.,…
The Yen (JPY), which is the Japanese currency, has fallen to a level not seen in…
The dollar fell below 150 again, increasing the risk of intervention by the government on the currency market. This…
ASML Machine Made the Huawei Smartphone Chip that Alarmed US
According to sources familiar with the situation, China's Semiconductor Manufacturing International Corp. utilized…
Quick Returns on Quarterly Revenue Growth from Improved Ad Business
Snap Inc. saw revenue growth again in the third quarter, after two consecutive periods of decline. This shows that…