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EU countries agree to shift major financial market oversight to ESMA

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A new wave of listings: Tashkent prepares companies for global markets

Uzbekistan’s investment fund (UzNIF) is preparing major companies in telecoms, aviation, banking and energy for potential listings. Uztelecom is currently the most advanced candidate as governance reforms advance and efforts to attract new capital gather pace.

Business

Uber cuts 10% of global workforce in biggest layoffs since the pandemic

Uber is cutting 3,300 jobs worldwide as it strips out management layers and merges teams, saying the savings will fund growth in areas such as robotaxis.

Business

British energy giant BP names Ian Tyler as chair after boardroom turmoil

British energy giant BP has appointed Ian Tyler as its permanent chair following the abrupt removal of his predecessor over governance and conduct concerns in May.

Markets

Anthropic IPO: Five things to know before its Wall Street debut

The Claude developer is preparing for a potentially record-breaking initial public offering after rapid revenue growth, but its enormous losses and dispute with the Trump administration could concern investors.

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Tech News

China's viral dancing robots power Unitree's 600% stock market debut

Unitree, known for its dancing and backflipping robots, saw shares surge as much as 629% on its Shanghai stock market debut.

Business

Ferrari’s first EV sells for record $40 million at auction

The Italian luxury carmaker’s first electric car has set a record for a new vehicle sold at auction, just months after its unveiling drew backlash.

Business

Apple shares fall despite record revenue as outlook disappoints

Apple’s iPhone revenue jumped by almost 22% in the three months to June, but its forecast for the current quarter fell short of analysts’ expectations.

Markets

Apple tops Nvidia as world's most valuable company

Apple, which does not develop its own large language models, has gone from being seen as a laggard in the AI race to being rewarded by investors for its cautious approach and strong iPhone sales.

Business

Germany's Delivery Hero backs €13 billion takeover by Uber

German food delivery giant Delivery Hero said it supports Uber's €13 billion takeover offer, which would significantly expand the US ride-hailing company's global food delivery network.

Business

EasyJet backs Apollo's £5.7bn takeover bid over Castlelake

The budget airline easyJet has swung behind a £5.7 billion (€6.6bn) takeover proposal from the US private equity giant Apollo, abandoning its support for a rival American bidder days after agreeing to that offer.

Markets

Samsung loses over $100 billion in market value despite record profit

Samsung Electronics has forecast a nineteen-fold leap in quarterly profit, its third record quarter in a row, yet investors responded by wiping more than $100 billion (€87.5bn) off the company's value amid doubts over how long the AI-driven memory boom can last.

Business

Sky agrees to buy British broadcaster ITV for up to £1.6 billion

The two British media businesses are set to come under one roof, as ITV has agreed to sell its broadcasting and streaming business to Sky for up to £1.6bn (€1.87bn), in a deal that would create a major new competitor to global streaming platforms.

Business

EasyJet shares jump 10% as board backs Castlelake takeover proposal

The budget airline said it has reached ‘an agreement in principle’ with US investment firm Castlelake.

Business

Abivax rallies 36% as trial data ease safety fears over obefazimod

French biotech company Abivax said new clinical trial data supports the safety and effectiveness of its experimental ulcerative colitis treatment.

Markets

The investments that soared and slumped in the first half of 2026

The first half of 2026 has rewarded investors who backed the machinery behind AI and punished those who reached for crypto and gold, as the technology boom reshaped which assets thrived and which were left behind.

Business

Micron posts record results as AI boom drives 15-fold jump in profit

The US chipmaker Micron Technology has reported quarterly revenue and profit far above Wall Street's expectations, as insatiable demand for the memory chips that power AI transformed the firm's fortunes.