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Business

Company birth and death rates across Europe: Where are firms thriving?

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Business

European carmakers fear supply shocks as Nexperia halts China exports

Culture news

Universal and AI music firm settle lawsuit and launch new platform

Business

Apple delivers strong results despite global trade war and AI rivalry

Business

Amazon posts biggest cloud growth in years, sending shares up 13%

Business

Microsoft beats revenue expectations and invests a further €30bn in AI

Business

Meta projects higher expenses for 2026, sending shares plummeting

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Business

Alphabet posts first-ever quarter with $100 billion in revenue

Investors celebrated the third-quarter numbers by driving up Alphabet’s stock price more than 6% in Wednesday’s extended trading.

Markets

Personal finance and AI: Should you trust ChatGPT’s investment advice?

Retail investors keep flocking to publicly-available online AI tools such as ChatGPT to help with their financial decisions, despite clear warnings about risks. But how capable are simple AI models of providing reliable and trustworthy investment advice?

Economy

EU inks agriculture deal with Ukraine but political obstacles remain

The EU’s new export agreement with Ukraine comes into effect on Wednesday, even as Hungary, Poland and Slovakia maintain a ban on Ukrainian agricultural imports — a move that underscores the challenges of integrating Ukraine’s vast farming sector into the European Union.

Markets

Nvidia becomes first company to pass $5 trillion market capitalisation

Nvidia's value is now greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund.

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Business

Mercedes sees quarterly profit plunge on China weakness and US tariffs

The German carmaker maintained its annual outlook despite the profit slump.

South Korea

Trump given golden crown in South Korea but trade deal remains elusive

It has been tricky to strike a deal with South Korea, with the sticking point being Trump's demand for $350 billion of direct investment in the US.

Business

OpenAI completes for-profit restructuring and inks Microsoft agreement

Microsoft will hold a roughly 27% stake, worth around $135bn, in the for-profit firm.

Money

New PayPal, OpenAI deal means customers can buy directly on ChatGPT

Customers will soon be able to purchase goods directly through OpenAI’s ChatGPT by using PayPal.

Business

Amazon confirms around 14,000 job cuts to its corporate workforce

The US tech company is preparing a fresh round of job cuts with thousands of positions affected as the tech giant aims to reduce bureaucracy and increase the use of AI.

Business

HSBC sees 14% profit drop after provision hit from Madoff lawsuit

The earnings come after the bank said on Monday it would set aside $1.1 billion to cover litigation by investors who lost money in the Madoff fraud scandal.

China

China signs expanded ASEAN free trade pact amid Trump protectionism

The free trade area covers a combined market of more than 2 billion people, lowers tariffs on goods, and boosts flows of services and investment.

Economy

Why is China restricting rare earth exports and will the EU respond?

European Commission President Ursula von der Leyen says the EU is ready to use "all tools" in response to Chinese export controls of rare earths as industry suffers.

Markets

Markets prepare for rate decisions while tracking US-China trade talks

Global stocks rallied on Monday morning, driven by optimism that a new trade deal is in reach between the US and China.

Tech News

Donald Trump says TikTok deal with China could be finalised this week

However, the details of a possible deal are under wraps.

Economy

US-China trade deal closing in ahead of high-stakes meeting

Beijing decided to implement tighter restrictions on rare earths exports that are needed for advanced technologies. In response, Trump threatened additional tariffs on Chinese imports.

Business

A new wave of DIY marketing: Small businesses take to TikTok

It might seem that in an age of mass production and advanced technology, the handiwork of artisans is doomed to failure. Nothing could be further from the truth, say traditional entrepreneurs who have found their niche in social media.

Economy

Tensions high as China and EU prepare another meeting on rare earths

Maros Šefčovič's meeting with his Chinese counterpart is cancelled. Instead, EU and Chinese experts will discuss China's rare earth export controls in Brussels.

Business

Uzbekistan hosts international forum on fair business

Officials, entrepreneurs and experts from ten countries met in Tashkent to discuss business integrity, transparent regulation and the protection of entrepreneurs’ rights.

Business

Jaguar Land Rover cyberattack drives UK car production to 73-year low

UK factories built 35.9% fewer vehicles in September after major manufacturer JLR was knocked offline by a cyber incident. Now the sector is accusing Westminster of unfairly taxing its own workers, putting Britain’s economy at risk.

Business

German lift maker responds to Louvre heist with playful marketing post

German lift manufacturer, Böcker, turned to social media when they spotted their ladder used in the Louvre theft. In a post, the firm said: "The Böcker Agilo transports your treasures weighing up to 400kg at 42m/min — quiet as a whisper."

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Economy

Trump ends trade talks with Canada over anti-tariff TV advert

US President Donald Trump's post came after Canadian Prime Minister Mark Carney said he plans to double Canada's exports to countries other than the US in response to Washington's tariffs.

Money

US President Trump pardons convicted Binance founder Changpeng Zhao

Changpeng Zhao, known as "CZ," stepped down as head of the world's largest cryptocurrency exchange and pleaded guilty to money laundering in 2023.

Work

Meta to cut 600 jobs from its artificial intelligence division

Facebook and Instagram parent company Meta is cutting 600 jobs in its AI division, according to US media.

Business

How Qatar is seeking soft power by shaping city skylines worldwide

With investments across continents and developments reshaping city skylines, Qatar is demonstrating its growing ambition to make a lasting mark on the world’s urban landscape.

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Business

Tesla profits fall despite higher sales, hitting share price

Tesla reported a fourth straight decline in quarterly profit even as sales rose, triggering a drop in its shares in after-hours trading. Meanwhile, CEO Elon Musk is betting on the robotaxi branch to revitalise the company's future.

Business

Greece acts on housing crunch as shortages pile pressure on government

The Greek government has just announced the use of two solutions to tackle the housing crisis in Greece, but some say those might not be enough to fix one of the worst housing crisis in Europe.

World News

Carney says Canada will double non-US exports over US trade policy

According to Carney, the decades-long process of an ever-closer economic relationship between the Canadian and US economies is now over.

Business

Warner Bros Discovery weighs sale after 'unsolicited' buyer interest

After months of speculation, Warner Bros Discovery has confirmed it is reviewing strategic options — from a full sale to partial deals — amid reports of interest from Paramount, Netflix and Comcast.

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Tech News

Baidu to launch driverless taxi trials in Switzerland this December

Baidu is joining the fast-growing race to launch driverless taxis in Europe, going head-to-head with Uber, Waymo and other global tech rivals.

Business

Netflix blames tax dispute in Brazil for rare earnings letdown

Netflix shares were down more than 6% in extended trading after the company delivered weaker-than-expected results.

Economy

EU Commission calls for no escalation with China over rare earths

In a tense context for European companies, European Commissioner for Trade Maroš Šefčovič held a phone call on Tuesday with his Chinese counterpart Commerce Minister Wang Wentao over rare earth export restrictions.

Business

US and Australia sign critical minerals deal as a way to counter China

Beijing recently said it would tighten rare earth exports, prompting the US to impose further tariffs on Chinese goods. Now, Australia and the US are looking to counter China's dominance of the critical minerals market.

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Business

L’Oréal seals €4bn deal for Kering’s entire luxury beauty portfolio

In a move set to reshape the global beauty landscape, L’Oréal will take over Kering’s complete beauty portfolio, from Creed niche fragrances to Gucci makeup products.

Partner content

Scaling impact: AIIB partners with Sri Lanka to advance sustainable development

Partner content presented by AIIB

Over the past decade the Asian Infrastructure Investment Bank has channelled over USD 500 million into Sri Lanka — from landslide mitigation to green energy.

Business

China’s BYD makes largest recall of 115,000 cars over design issues

The move brings into question BYD’s low-cost business model as Chinese firms undercut competitors on price.

Business

BBVA fails in €17bn takeover battle for smaller Spanish rival Sabadell

The bid only convinced shareholders representing 25.47% of Sabadell voting rights. That was far short of the 50% BBVA needed for the deal to pass outright.

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Business

Nearly 40% jump in net profit: Chipmaker TSMC capitalises on AI boom

Taiwan Semiconductor Manufacturing Corp., the world’s biggest semiconductor manufacturer, reported an unexpected jump in its net profit for the July-September quarter.

Business

'Immediately rejected': French telecoms firm SFR refuses rival's bid

SFR's owner, Altice Group, rejected the €17bn offer made by three French groups to take over the telecoms company. But negotiations are expected to continue.

Business

Nestlé to cut 16,000 jobs worldwide in major restructuring move

Nestlé is cutting 16,000 jobs globally to streamline operations, focus on high-return products, and shore up profitability under new CEO Philipp Navratil.

Business

LVMH Chief Bernard Arnault sees his wealth jump by $19 billion

The 76-year-old businessman, one of the world's richest individuals, saw his wealth increase by 12% on Wednesday as his LVMH group enjoyed a share rally.

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Economy

Feeling the strain: Italian pasta makers boil over Trump tariffs

Faced with the threat of exorbitant US tariffs, Italian pasta producers are hoping for political support — and that they will not have to wait for a legal resolution to their case.

Economy

Property bubbles: Where in Europe are houses the most overpriced?

A new European Commission report published on Tuesday shows that house prices in Portugal are among the highest in Europe, with tourism and the crisis in the construction sector being the main factors.

Business

Stellantis to pour €11bn into US expansion to avoid tariff losses

The car giant says its biggest-ever US investment will increase output by 50%, add more than 5,000 jobs, and counter some tariff costs by boosting North American profitability.

Business

US charges Cambodian crypto kingpin after largest ever bitcoin seizure

Prosecutors say individuals in forced-labour camps convinced victims to funnel billions into fake investments. The state may now use the seized crypto to repay the defrauded parties.

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