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Doloresz Katanich

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.

Economy

How long can the Russian economy continue to fund the frontline?

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have no immediate major obstacles, according to experts.

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.

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

Inflation in the UK remains high, sitting at 3.8% in September

Consumer prices remained almost twice as high as the Bank of England’s 2% target in September.

Markets

Gold falls from new record, European markets show signs of recovery

European markets bounced back from recent weakness on Tuesday morning amid persistent geopolitical uncertainties.

Markets

French bond prices decline after unexpected S&P downgrade

After a surprise downgrade from S&P Global Ratings on Friday, French bond yields jumped and prices declined, reflective of the increased risk felt by investors.

Markets

Euronext backs German push for single European stock exchange

Euronext is ready to work on the consolidation of European capital markets, said CEO Stéphane Boujnah.

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

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.

Markets

Gold hits fresh record, European stock markets rise after Fed comments

The Federal Reserve chair's tentative support for more rate cuts gave a boost to markets on both sides of the Atlantic, despite trade tensions between Washington and Beijing.

Business

French telecom bid: Orange, Bouygues, and Free offer €17bn for SFR

The three French groups submitted a joint non-binding offer to take over the telecom activities of the Altice Group in France, which includes most of SFR.

Markets

European markets turn gloomy as US–China trade war looms

Relations between China and the US are souring as the countries place fees on each other’s ships, worrying investors. The new front in the trade war comes despite President Trump’s claim on social media: "Don't worry about China, it will all be fine!”

Economy

Mokyr, Aghion and Howitt win 2025 Nobel Prize in Economics

Joel Mokyr, Philippe Aghion and Peter Howitt win Nobel Prize for Economics 'for the theory of sustained growth through creative destruction'.

Markets

‘It will all be fine’: Donald Trump reacts and European markets rise

Leading stock indexes in Europe climbed after the US President responded to mounting trade tensions between Washington and China. There's also been a positive reaction to a ceasefire in Gaza between Israel and Hamas, while France's new government is promising to end its budget chaos.

Economy

Looking to retire? The world’s best destination is in Europe

Three European countries ranked among the five most attractive global destinations for retirees this year, based on their high quality of life, tax efficiency, and safety.

Markets

US rare earth stocks surge, European markets see mixed start

Shares of US rare earth and critical mineral miners surged on Thursday as China announced further restrictions on its own exports. In Europe, trade was tentative in the opening on Friday.

Markets

Gold climbs above $4,000 in a record move - what is behind the rally?

The price of gold topped $4,000 per ounce for the first time on Tuesday as economic uncertainty pushes investors towards safe haven assets.

Business

AI boom: SoftBank to buy ABB’s robotics business for $5.4 billion

The acquisition brings together SoftBank's AI know-how and ABB's robotics expertise as companies race to stay ahead of tech advances.

Markets

Gold and Bitcoin hit record: Safe havens climb as uncertainty persists

The government shutdown in the US and the French political crisis have brought renewed uncertainty to financial markets.

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