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…

In a joint statement issued Tuesday, Kadokawa and its subsidiary pledged to pay the outstanding amounts once calculations are complete.

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......

Germany's conservative CDU/CSU, led by Friedrich Merz, is expected to win the snap election on 23 February according to the latest polls but remains at odds on energy and climate policy with its most likely coalition partner: Olaf Scholz’s Social Democrats (SPD). Merz's Union is currently leading…

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Can’t wait until Black Friday to start your holiday shop or score a killer deal on a gadget you’ve been eyeing? You may not have to. Although Black Friday isn’t until November 29th, Best Buy, Walmart, and Target have begun rolling out their holiday discounts, many of which are available elsewhere.…

The Swedish government has proposed to give social services a greater role in preventing young people from joining criminal gangs by changing the confidentiality rules between public services. Before the summer, the Swedish government presented a new Social Services Act, which, among other things,…

In This Article: MUNICH (Reuters) - Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of obtaining project guarantees last year that are backed by the German government. A year ago, Berlin supported Siemens Energy with…

Government to order review of rail fare prosecutions The government is set to order an independent review of rail fare prosecutions and enforcement by train companies following reports of disproportionate action against passengers by revenue protection teams. The BBC understands that Transport…

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…

Portuguese Foreign Minister Paulo Rangel warned on Tuesday of the downside of Europe's "cultural tendency" to "over-regulate" and called for a better "balance" between technological development and the defence of democracy and human rights. Read more. "Europe has a cultural tendency to…

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…

Shopping for clothing is one of my favorite past times — and with all the early Black Friday apparel sales happening now, it's starting to feel like Christmas morning! Apparel and shoes are seeing some of the biggest markdowns with popular brands like Lululemon, Nike, Adidas, Patagonia and more…

Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million.

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…

Fake social media accounts are being used in Romania's ongoing presidential and parliamentary election campaigns to artificially boost the popularity of certain candidates and promote content targeting their opponents, according to an analysis by the Romanian Intelligence Service (SRI). The SRI…