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Commerzbank shares soared Wednesday after Italian bank UniCredit acquired a nine-percent stake in Germany's second-biggest lender, half of it from the German state, fuelling speculation about a potential takeover.
When will gasoline from Nigerian tycoon Aliko Dangote’s mega-refinery finally flood the home market? That's the question Nigerians are asking as Africa’s most populous country battles chronic petrol shortages.
Equity markets were mixed Wednesday as worries about the world's top two economies offset US rate cut optimism, while the yen hit a nine-month high after a Bank of Japan official hinted at more monetary tightening.
UK online property website Rightmove said Wednesday it had rejected a multi-billion-pound takeover offer from Australian peer REA Group, majority owned by Rupert Murdoch's News Corp empire.
Equities slipped Wednesday as worries about the world's top two economies offset US rate cut optimism, while the yen hit a nine-month high after a Bank of Japan official hinted at more monetary tightening.
US presidential hopefuls Kamala Harris and Donald Trump clashed on China and economic issues Tuesday, with the Democratic candidate saying he "sold us out" on China while the former president declared "they've destroyed the economy."
Equities slipped Wednesday following a mixed day on Wall Street, as worries about the world's top two economies offset optimism that the Federal Reserve will start cutting interest rates next week.
Time stands still at Serbia's Vinca nuclear facility, where the decommissioned Yugoslav-era reactor is a testament to the fears generated by the controversial energy source.
The backbone of the economy, Sri Lanka's tea pickers are determined to use their powerful vote to choose a president this month who will change grim working conditions for good.
A weight loss drug has been found to be broadly safe and effective for children under 12 with obesity, according to a small study on Wednesday that was cautiously welcomed by outside experts.
Four US civilians are set to attempt the first-ever private spacewalk on Thursday -- a risky endeavor usually reserved for trained astronauts from government agencies.
Volkswagen on Tuesday axed an agreement protecting jobs in Germany that had been in place three decades, as the ailing auto titan pushes ahead with a controversial cost-cutting plan.
The EU's top court on Tuesday delivered two major victories in the bloc's battle to rein in tech giants by ruling against Apple and Google in separate legal sagas with billions of euros at stake.
UK Prime Minister Keir Starmer survived an early test of his fledgling premiership on Tuesday when lawmakers backed his controversial plan to end fuel benefits for millions of pensioners.
A senior US Federal Reserve official proposed Tuesday a number of "broad and material" changes to new banking rules, toning down plans to tighten regulation and supervision.
BMW said Tuesday it was recalling about 1.5 million vehicles due to problems with their brakes and cut its outlook for the year, sending the German luxury carmaker's shares tumbling.
The European Union scored two major legal victories on Tuesday in separate cases that left Apple and Google owing billions of euros.
Islamic scholar Tariq Ramadan, who faces a string of allegations in Switzerland and France, was found guilty of rape by a Swiss appeals court Tuesday, overturning an earlier lower court acquittal.
European and Asian stock markets diverged along with the dollar Tuesday after a rally on Wall Street as traders assessed the outlook for interest rates in the United States and Europe.
Djibouti said it has offered a port-sharing deal with Addis Ababa, a move aimed at easing tensions between Horn of Africa rivals Ethiopia and Somalia.
Chinese tech giant Huawei on Tuesday unveiled the world's first triple-folding phone at more than three times the price of the newest iPhone, hours after its US competitor lifted the curtain on its own new handset built for AI.
A top EU court on Tuesday delivered two major victories for Brussels by ruling against Apple and Google in separate legal sagas with billions of euros at play.
A Swiss appeals court on Tuesday found Islamic scholar Tariq Ramadan guilty of raping a woman in a Geneva hotel 15 years ago, overturning an earlier lower court acquittal.
Chinese tech giant Huawei on Tuesday unveiled its new smartphone, billed as the world's first trifold phone, hours after US competitor Apple lifted the curtain on its new iPhone built for AI.
A top EU court will rule on Tuesday in a 13-billion-euro tax case involving Apple and Ireland, and could also deliver a victory for Brussels by upholding a multi-billion-euro fine against Google, in two eagerly awaited decisions.
Asian markets mostly rose Tuesday after a rally on Wall Street as traders try to assess the outlook for US interest rates following last week's disappointing jobs report, with focus on the release of key inflation data.
Australia will ban children from using social media with a minimum age limit as high as 16, the prime minister said Tuesday, vowing to get kids off their devices and "onto the footy fields".
Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador.
Air Canada is preparing to suspend most of its flights starting next Sunday as it faces a likely impasse in talks with its pilots over wage demands, the company said.
Josip Heit, the Chairman of GSB Gold Standard Corporation AG (GSB Germany), GSB Germany, and certain affiliated companies, brands, and platforms have reached a settlement to resolve the civil investigations of U.S. state securities regulators in Alabama, Arizona, Arkansas, Georgia, and Texas, his lawyers announced today.Under the terms of the settlement, Mr. Heit and the GSB entities will consent – without admitting or denying any violations of law or that any product offered by the GSB entities is a security – to cease-and-desist from offering or selling unregistered securities in the settling states.
Beleaguered Swedish electric car battery maker Northvolt said Monday it would cut its workforce as it scales back operations to focus on its main gigafactory in Sweden.
Manchester United have agreed a partnership with local authorities to investigate how plans to rebuild or replace Old Trafford would impact the area around the club's iconic stadium.