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Angela Barnes

Markets

French government 10-year bond yield tops 5% for first time since 2002

The yield on the French government's benchmark 10-year bond surpassed 5% on Wednesday as investors demanded a higher return for holding the country's debt.

Markets

Netflix shares drop on slowing engagement and revenue growth

Netflix shares fell after its latest earnings failed to cheer investors as the streaming giant faces mounting competition and reportedly plans to cut around 1,000 jobs.

Business

Elon Musk backs SpaceX-Tesla merger as rocket firm turns profit

Elon Musk has signalled his support for a potential merger between SpaceX and Tesla, as SpaceX reported a sharp rise in revenue and its first quarterly profit since going public.

Business

Power outage hits Google Cloud services disrupting UK banks

A power outage at a Google Cloud data centre in London caused serious network disruptions to its services Tuesday, the US tech giant said. The issue has since been "mitigated" for "most" customers, it added later.

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Business

France presses resale platforms to remove 'stolen' goods after unrest

France's digital minister on Monday urged online resale platforms to remove listings for "stolen items" following Saturday's looting and summoned representatives of companies including Vinted and eBay for talks.

Business

Why pharma giant Roche is putting German investments on hold

Germany’s bid to revive its struggling economy faces a fresh setback as a major pharmaceutical player raises concerns over the country’s business climate.

Economy

Europe erupts: The mounting economic pressures behind the protests

From rising food prices and unaffordable housing to stagnant purchasing power and strained public services, demonstrations across Europe highlight growing frustration over living standards.

Economy

UK economy unexpectedly grows despite fall in consumer spending

Britain's economy grew unexpectedly in August, official data showed on Thursday, in a boost to Finance Minister John Healey ahead of the Labour government's budget update this month.

Markets

Taiwan chip giant TSMC says net profit hit record in third quarter

Taiwanese chip giant TSMC said on Thursday that net profit soared 68.7% to a record high in the third quarter, buoyed by massive global demand for AI hardware.

Markets

Deepening tech sell-off drags stocks lower as major markets slide

A deepening tech sell-off drags Asian stocks lower as South Korean and Japanese markets sink. European markets open mixed.

Markets

Oil prices drop as stocks rise after Trump touts 'energy ceasefire'

Most stock markets rose early Monday as oil prices fell after Donald Trump announced an "energy ceasefire" between Russia and Ukraine, which offset a fresh wave of Houthi attacks on Saudi Arabia.

Markets

Markets mixed as investors eye oil price volatility and US bonds

Shares were trading mixed early on Thursday morning, as investors tried to digest the recent swings in oil prices and the US bond market.

Business

Turkish Airlines orders 150 Boeing 737 MAX jets in major new deal

Turkish Airlines said on Wednesday it was to buy 150 jets from Boeing that would be scheduled for delivery between 2033 and 2037.

Markets

AMD joins trillion-dollar chipmaker club as AI demand surges

AMD has become the latest trillion-dollar company, as the AI investment boom sends its shares soaring and data-centre demand fuels record growth.

Economy

France debt set for highest level since 1978 as fiscal strain grows

France is facing mounting pressure to rein in its public finances as it prepares a €54 billion package of spending cuts for next year.

Markets

European stocks edge lower as oil prices and bond yields retreat

Oil prices retreated while European stock markets opened lower on Friday after the Bank of Japan became the third major central bank in a month to raise interest rates.

Economy

Japan's central bank raises benchmark interest rate to 1.25%

Japan’s central bank on Friday raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high.

Business

Germany seeks UniCredit guarantees over Commerzbank takeover

Berlin seeks guarantees from UniCredit as its leverage over Commerzbank fades and the Italian lender moves closer to taking control.

Economy

Donald Trump pledges to remove a 15% tariff on Irish whiskey

US President Donald Trump announced on Sunday at the close of a golf tournament in Ireland that he plans to remove a 15% tariff on Irish whiskey.

Tech News

China's Xi Jinping proposes BRICS 'open-source AI zone'

China will lead the creation of an "open-source zone for artificial intelligence" for BRICS countries, President Xi Jinping said on Sunday at a summit of the 11-nation group in New Delhi.

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