At least 10 Ukrainian soldiers died in the Donetsk region after the Kurakhovo Reservoir dam was blown up, TASS reported, citing Russian security forces. The blast flooded nearby areas, trapping soldi...

Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal…

HO CHI MINH CITY -- Vietnam is mulling data consent and foreign transfer rules for the technology sector that critics say threaten to stifle innovation and widen the trade imbalance with America, at a time when the incoming U.S. president is expected to strike out at trade rivals. Vietnam, which…

Pete Hegseth, a 44-year old NATO-skeptic, is perhaps Trump's most surprising pick as he fills out his cabinet ahead of the 20 January inauguration

A look at the day ahead in European and global markets from Kevin Buckland

HO CHI MINH CITY -- Vietnam's Vingroup has said it is willing to sell off assets to fund VinFast, its electric vehicle arm, as a backstop to ensure the Nasdaq-listed startup breaks even by 2026. The country's biggest conglomerate said it would lend up to $1.4 billion to VinFast and that founder…

Investing.com-- Bitcoin fell from record highs on Wednesday, retreating as optimism over a Donald Trump presidency now appeared to be cooling, with focus turning to upcoming U.S. inflation data for more cues. Major meme token Dogecoin also retreated on Wednesday after a stellar run-up to…

Korea Zinc said on Wednesday it has decided to withdraw its plan to issue new shares worth $1.8 billion after the proposal sparked an investigation by the financial watchdog and a sell-off in the company's stock.

Unbabel on Wednesday announced an artificial intelligence-powered translation service, adding another rival to a highly competitive space.

There may not be a hotter stock on Wall Street right now than Palantir Technologies. The company's artificial intelligence (AI) software is revving its growth engine, and there is a wide-open market opportunity in both government and the private sector. The stock is up approximately 800% since the…

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To navigate the dangerous new era, Keir Starmer must end the culture of denial around the biggest strategic mistake of modern times The 35th anniversary of the Berlin Wall coming down was not commemorated much in Britain last weekend. It is no Poppy Day. The unravelling of the iron curtain doesn’t…

Primary Food Processors are essential to Europe’s food security. But we face significant challenges in today’s changing landscape. We urgently call on policymakers to implement strategies that improve sustainability and efficiency of our sector, ensuring Europe’s resilient future food supply.

We characterize optimal product market policy in an unequal economy in which firm ownership is concentrated and markups increase with firm market shares. We study the problem of a utilitarian regulator who designs revenue-neutral interventions in the product market. We show that optimal policy…

Ukrainian authorities activated air raid alerts throughout the entirety of the country on Wednesday, with the president's chief of staff warning of a missile attack on the capital city, AFP report...

The Foreign Ministry summoned the ambassador of Russia, but also the chargé d'affaires of Georgia, for comments by country's prime minister it said called into question the integrity of Moldova's polls.

The $20 Secret Santa limit applies to everyone except your friends who work in finance. Wall Street bankers are about to cash substantially bigger bonus checks at the end of this year, according to a report released yesterday by Johnson Associates. Coming after two consecutive years of lower…

RWE AG announced on Wednesday that its adjusted net income in the first nine months of the fiscal year 2024 decreased by 1.4% annually to reach €1.6 billion. Its external revenue lost 24% in contrast ...

RWE AG announced on Wednesday that its adjusted income in the first nine months of the fiscal year 2024 decreased by 1.4% annually to reach €1.6 billion. Its external revenue lost 4.9% in contrast wit...

More to come......

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The Spanish government will propose to the European Commission to amend the post-COVID reconstruction plan to redirect unused EU funds to the 'reconstruction and revitalisation' of the areas most affected by the recent torrential rains and floods. ‘We are going to present an addendum to the…

Chances of the bill being passed this year are not high.

HONG KONG/WASHINGTON -- China has vowed to strengthen security after a hit-and-run attack in the southern city of Zhuhai killed 35 people, shocking the nation and highlighting what some experts see as an alarming pattern. On Tuesday evening, authorities revealed the scope of the devastation left…

President-elect Donald Trump is poised to reshape the US government’s approach to crypto, actively seeking candidates with industry-friendly views for key regulatory positions. According to the Washington Post, as part of his strategy to establish the United States as the “crypto capital of the…

BANDAR SERI BEGAWAN, Brunei (Reuters) -- Vietnam Airlines will issue a request for proposal to aircraft manufacturers next year to purchase 50 narrowbody jets, its CEO said on Wednesday. The carrier last year signed a provisional deal with Boeing BA for 50 737 MAX planes that has yet to be…

US prohibits airlines from flying to Haiti after planes were shot by gangs PORT-AU-PRINCE, Haiti — The Federal Aviation Administration prohibited U.S. airlines from flying to Haiti for 30 days after gangs shot three planes and the United Nations also Tuesday temporarily suspended flights to…

Major stock market indexes in the Asia-Pacific traded mostly lower on Wednesday, partly mirroring the decline in Wall Street that preceded the newest report on the United States' inflation. The region...

Japan has announced a new plan to revitalize the country's semiconductor and artificial intelligence industries as it works to regain its chip leadership. The proposal will provide support worth 10 trillion yen ($65 billion) or more by fiscal 2030, Prime Minister Shigeru Ishiba said earlier this…

Bulgarian President Rumen Radev spoke about the threat of climate change at the COP29 climate summit in Baku on Tuesday, where he backed a net zero target, admitting that just 10 years ago, he would have thought the goal was incompatible with competitiveness. The UN summit in Baku runs from 11 to…

The European company had acquired Grubhub in 2020 in an all-stock deal for $7.8 billion, creating the world’s largest food delivery company outside China at the time. A deal for Grubhub could be finalized imminently, assuming the talks do not fall apart, the report said, adding that Grubhub is…

SoftwareOne Holding sales increased during its third quarter by 1.4%, the company said on Wednesday, adding that discussions about taking it private were progressing but were "challenging". Group revenues increased to 236.7 million Swiss francs ($268.06 million), while adjusted core operating…

Humphreys's product dramatically reduces the price and increases the portability of the life-affirming treatment. Read more: Irish innovator makes history at James Dyson Awards

Japan's Mizuho Financial Group will take a 15% stake in Rakuten Group subsidiary Rakuten Card for 165 billion yen ($1.06 billion) in a further deepening of the two companies' strategic alliance, they said on Wednesday.

President Ilham Aliyev described his country as a victim of a "well-orchestrated campaign of slander and blackmail".

In an X post, Musk said that all Department of Government Efficiency actions will be posted online for maximum transparency.

The right-wing populist party Motorists for Themselves, part of the Patriots for Europe group, has made significant gains, according to new polling data published by the Median agency. According to a poll conducted for the Czech News Agency, the Motorists could win 6% of the vote in the upcoming…