
Fed fines Deutsche Bank $186 million and threatens further action
The US Federal Reserve hit Deutsche Bank with a $186 million fine Wednesday for failing to fix "unsafe and unsound practices" that it pledged to address as long ago as 2015.
1970-01-01 08:00

Ukraine’s Kernel May Need a Year to Fix Chornomorsk Port After Russian Attack
Kernel Holding SA, Ukraine’s largest sunflower oil producer, said it may need at least 12 months to restore
1970-01-01 08:00

Key UK Offshore Wind Project Axed in Blow to Climate Plans
Vattenfall AB will stop the development of an offshore wind project in the UK after costs surged, posing
1970-01-01 08:00

Grocers Cleared of Profiteering From High UK Food Prices
Britain’s antitrust regulator has cleared the country’s biggest supermarkets of profiteering from high food costs, but said some
1970-01-01 08:00

Exclusive-Microsoft hit with EU antitrust complaint by German rival
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft was hit with an EU antitrust complaint by German rival alfaview on Thursday,
1970-01-01 08:00

Thyssenkrupp Gets EU Approval for €2 Billion Green Steel Aid
Thyssenkrupp AG secured European Union approval for a €2 billion ($2.2 billion) package in state subsidies from the
1970-01-01 08:00

Abu Dhabi Edtech Firm Alef Education Considers an IPO
Alef Education, an Abu Dhabi-based edtech firm, is considering an initial public offering in the United Arab Emirates
1970-01-01 08:00

Europe’s Searing Heat Wave to Intensify in Greece Over the Weekend
Extreme heat across the Mediterranean is expected to ease slightly on Thursday, before building across fire-ravaged Greece as
1970-01-01 08:00

European heatwave - latest updates as red alerts and record temperatures continue
Firefighters battled a blaze in Rhodes as a new heatwave loomed over Greece, threatening to stoke tinderbox conditions across the country. Greek meteorological service had warned of a heightened risk of fires from Thursday, as the country recovered from the first major heatwave of the summer. A second heatwave was forecast to start on Thursday, with temperatures exceeding 40 degrees Celsius (104 degrees Fahrenheit) in some areas, and rising further on Friday to a maximum of 44C. Thousands have also been evacuated in the Canary Islands and Switzerland in recent days, as southern Europe is gripped by ongoing wildfires and extreme heat caused by the fossil-fuel-driven climate crisis. Fires are common in Greece, but hotter, drier and windy summers have turned the Mediterranean into a wildfire hotspot in recent years. Temperature records were shattered in Rome and Catalonia on Wednesday as most of Italy’s big cities were placed under a red alert. Read More Why is there no UK heatwave as Europe swelters during Charon? Expert warns of heart attack risk as heatwaves intensify due to climate change Families unable to cancel summer holidays despite extreme heat warnings and wildfires
1970-01-01 08:00

Goldman Versus HSBC, Citi in South Africa Rate Puzzle
Economists are divided over whether South Africa’s central bank will pause interest-rate increases on Thursday, or extend its
1970-01-01 08:00

Paris Housing Prices Extend Drop to Lowest Level in Four Years
Paris home prices slumped to the lowest level in four years as rising interest rates extended a downturn
1970-01-01 08:00

Tesla Sinks as Musk Warns of More Blows to Profitability
Tesla Inc. shares dropped in early trading after the carmaker warned of more hits to its already-shrinking profitability.
1970-01-01 08:00