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Indrabati Lahiri

Business

British oil giant BP prepares to sell North Sea business

Amid higher windfall taxes and volatile global energy markets, BP's proposed sale could bring an end to around 60 years of North Sea production under the British energy giant’s ownership.

Economy

Bank of England holds interest rates at 3.75% despite inflation risks

Although UK inflation fell in June, the Bank of England held interest rates steady as renewed conflict in the Middle East and volatile energy prices clouded the outlook.

Business

European industry faces further disruption as waterways run low

Prolonged low water levels have forced several European industries, including oil refining, nuclear power and chemicals, to reduce output because of raw-material and cooling-water shortages.

Business

Microsoft posts record profit on AI growth but Meta disappoints

Microsoft reported record quarterly profit and forecast accelerating Azure growth, while Meta’s profit and margins were hit by severance costs and legal expenses.

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Business

Porsche profit jumps 34% despite China slump and falling sales

Porsche maintained its full-year guidance as cost-cutting and stronger 911 sales lifted profit, despite a 32% fall in Chinese deliveries and plans to eliminate thousands of jobs by 2035.

Business

SK hynix net profit jumps over 1,000%, but shares slide

Despite record second-quarter profits fuelled by AI demand, SK hynix shares plunged as investors questioned whether the boom can last amid Middle East tensions.

Business

The challenges companies face to launch robotaxis in Europe

European carmakers like BMW, Volkswagen and Mercedes-Benz have continued to struggle significantly to roll out commercial robotaxi fleets, unlike Chinese companies, but why?

Economy

Venezuela earthquake damages cost almost $20 billion, World Bank says

Almost a month after the devastating earthquakes, Venezuela has a mammoth task ahead in terms of rebuilding, rehabilitating and mitigating the social and economic damage of the biggest natural disaster in decades.

Business

What European entrepreneurs should know before becoming digital nomads

From taxes to finances and cybersecurity, these are some of the key factors to be aware of before embracing the digital nomad life.

Business

Volkswagen’s Chinese branch doubles down on self-driving technology

Amid rising competition in the self-driving technology market, especially in China, Europe’s biggest auto company plans to make some big moves to catch up.

Economy

Food inflation to soar due to energy and fertiliser crisis, UN says

Rising energy and fertiliser prices are likely to continue contributing to food inflation globally, the UN warned in its latest report. This in turn can drive up the cost of a healthy diet and threaten progress against global hunger.

Health news

UK, Spain, Germany: Why are doctors across Europe going on strike?

Doctors are increasingly striking across Europe, demanding better pay, improved working conditions and more recognition of responsibilities.

Tech News

Spotify co-CEO doubles down on move to AI-generated music

Spotify’s latest move to allow AI-generated music on its platform has led to widespread concerns about human artists being pushed out and royalty dilution.

Health news

Deadly snakes might be coming to a neighbourhood near you

Highly venomous snake species such as cottonmouth moccasins in North America, kraits in Asia and the black mamba in Africa could all increasingly move habitats due to rising temperatures and human encroachment.

Tech News

The internet is not safe for children, say UK police bosses

Leading police agencies say that tech companies not doing enough to protect children from harm online.

Tech News

High-stakes SpaceX rocket launch delayed due to mechanical woes

SpaceX has already spent months testing and redesigning the Starship V3, which it described as “the most powerful launch system ever developed.”

Culture news

Cannes awaits shooting of new season of The White Lotus

While filming has already begun along the French Riviera, The White Lotus' production team has yet to be seen in Cannes, making the likelihood of the iconic film festival being used as backdrop increasingly uncertain.

Culture news

These are the best places to watch the Eurovision 2026 final

From bars to live music venues and public arenas, Eurovision Song Contest fans will be spoilt for choice when it comes to viewing options for Saturday's Grand Final.

Culture news

Eurovision Song Contest: Who are the most popular artists of all time?

Spotify’s new research reveals the most streamed entries in the history of the Eurovision Song Contest and key factors shared by winning entries.

Culture news

Eurovision 2026 semi-finals: All you need to know

Discord over Israel's participation and its war in Gaza has dominated the build-up to this year's Eurovision Song Contest. Now, on the eve of the start of the semi-finals, here’s a breakdown of who's set to perform when and what to expect.

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