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Business

Here is why Walt Disney investors could get cheery

The 100-year-old company is promising to deliver - Disney has just released its latest earnings report.

Markets

France’s Credit Agricole sees 13% revenue growth in Q3

Credit Agricole has announced a 13% growth in revenues this quarter compared to last year, but it now has allegations of money laundering to contend with.

Business

UBS shares up by 4% despite $785 million loss following Credit Suisse

UBS shares were up by 4% as the Swiss banking giant cut costs faster than expected while moving forward with its merger with rival Credit Suisse.

Markets

Huge sell off at Google: Tech giant loses value of Disney overnight

Shares in Google's parent company Alphabet lost almost 10% after the company published its earnings report.

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Markets

Germany's Birkenstock valued at $8.6 billion before IPO

The footwear company sold its first pair of shoes in 1774 and supermodels still wear their products today.

Economy

Households lost a record €6.6 trillion across the world in 2022

2022 was a “turning point” for global wealth, says German financial company Allianz in its latest Global Wealth Report.

Markets

Chip designer Arm secures almost $5 billion in mammoth IPO

British chip designer Arm Holdings' shares debut on the Nasdaq on Thursday, in what is the largest initial public offering in nearly two years.

Business

Saudi Telecom Company becomes Spanish Telefónica's top shareholder

Saudi Arabia's STC Group has amassed a 9.9% stake worth €2.1 billion in the Spanish multinational telecommunications company

Italy

Shares in Italian banks recover after windfall tax is capped

The surprise announcement of a new tax had sent share prices plunging.

Tech News

Elon Musk sells almost $4 billion worth of Tesla stock

Analysts expected the world's richest man to have to sell more Tesla shares to finance his Twitter buyout - even as he said he would not.

Green News

Billionaire Patagonia boss gives company away to fight climate crisis

The outdoor fashion brand predicts it will give €100 million away a year to environmental causes under the new ownership structure.

Tech News

Twitter-Musk trial on $44 billion takeover deal to start in October

Elon Musk wanted a trial to commence next year but Twitter won its motion for an expedited trial over its lawsuit against the Tesla boss.

Culture news

Twitter shareholders sue Elon Musk for manipulating stock market

Top investors claim the prospective buyer has allegedly used his social media platform to alter share prices.

Tech News

Twitter shares soar by 25% after Elon Musk becomes largest stakeholder

Elon Musk has become the single largest stakeholder in Twitter, sending its shares soaring on Monday.

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Empty streets in Sudan ahead of planned protest

The streets of the Sudanese capital were deserted early on Saturday morning ahead of a planned anti-coup protest.

World News

Coronavirus: Global markets fall amid pessimism over response measures

World shares dropped on Friday after a sharp fall on Wall Street, as doubts over action to counter COVID-19 came to the fore.

World News

Markets plunge further on fears COVID-19 will stunt global economy

Stocks slumped again on Tuesday, piling on losses a day after the market's biggest drop in two years amid fears COVID-19 will slow global growth.

Markets

Oil helps European stocks rise while tobacco goes up in smoke

Oil helps European stocks rise while tobacco goes up in smoke

Markets

Asian shares inch up, investors brace for U.S. elections

Asian shares inch up, investors brace for U.S. elections

Business

Apple beats Amazon and Microsoft to trillion dollar crown

Better than expected sales results have pushed up Apple shares to record highs and the company's valuation to a trillion dollars