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Eleanor Butler

Markets

Germany's Bayer sees shares pop as US government endorses legal appeal

The biotech giant is facing over 67,000 US lawsuits over allegations that its Roundup weedkiller causes cancer — a claim Bayer denies.

Markets

Investing in a climate crisis: Are cat bonds a win for your portfolio?

Typically a product for the US market, catastrophe bonds are now attracting growing global interest.

Business

Puma shares soar on report China’s Anta Sports could bid for brand

The athletics brand saw its shares leap in Frankfurt on Thursday after heavy losses earlier this year.

Economy

Youth politics could help nations confront the economic hit of ageing

AI adoption alone is insufficient to offset the economic hit of ageing populations, says a new EBRD report.

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Markets

What’s causing the crypto sell-off, who is losing, and will it last?

Bitcoin has plummeted from October highs after US President Trump turned up tensions in his trade war with China. While some commentators see crypto increasingly tied to macro events, others blame trading tactics.

Markets

Nvidia shares rise after quarterly earnings, calming bubble anxiety

Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high.

Economy

EU urges focus on domestic growth drivers but stays upbeat on eurozone

Resilient domestic demand is driving growth in the eurozone despite global economic headwinds.

Economy

Vučić shrugs off Brussels criticism by flaunting economic credentials

The president's economic pitch comes against the backdrop of fierce opposition in Serbia and fresh criticism from Brussels.

Markets

Nvidia shares jump on Blackwell chip talk ahead of Trump-Xi meeting

Tensions between the US and China have hindered semiconductor trade between the two nations, although an easing of restrictions may soon be on the cards.

Business

Mercedes sees quarterly profit plunge on China weakness and US tariffs

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

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.

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.

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.

Economy

French bond yields spike, stocks fall as another government collapses

Prime Minister Sébastien Lecornu resigned less than a day after his cabinet was appointed, spooking already-wary investors.

Markets

Oil prices jump after OPEC+ announces modest monthly output hike

Analysts forecast that the rise may be short-lived as soft demand threatens a supply glut.

Markets

Etsy shares soar 16% after OpenAI partnership on ChatGPT payment

OpenAI is allowing ChatGPT users in the US to buy from Etsy sellers through its platform. One million Shopify merchants, including Glossier and SKIMS, will also be available through the chatbot in the near future.

Business

Big Pharma’s retreat: Is NHS pricing behind investor pullbacks?

Multinational pharmaceutical firms are pulling pack or pausing investments in the UK, blaming a lack of competitive drug pricing.

Business

Germany’s Bosch to cut 13,000 jobs at its auto-parts business

The engineering giant is hoping the job cuts will save €2.5bn as Europe’s car market crisis stretches on.

Economy

BCC: UK should subsidise pay to tackle young worker sickness plight

The UK must tackle long-term sickness if it wants to bolster its workforce and grow the economy, said the British Chamber of Commerce.

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