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Israeli jets strike commercial district in southern Beirut

Israeli jets carried out strikes on the southern suburbs of Beirut on Thursday, after previously issuing evacuation orders for Lebanese civilians, Al Jazeera reported. The strikes hit the commercial ...




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S&D to block Fitto and Várhelyi, blaming Weber’s actions

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Taiwan Says TSMC’s US Investments Help with Trade Balance




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Asia shares wobble on China angst; long-end US bond yields rise with dollar




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How This Simple Tool Helped Jensen Huang Build Nvidia Into the King of AI




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EON Boosts Power-Grid Spending by 20% as Europe Electrifies




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Siemens Sees Data Center Boom Helping Offset Automation Slump




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Merck KGaA Beats Estimates on Boost From Life Science Unit




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Deutsche Telekom Earnings Boosted by Momentum in US and Germany




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Siemens Q4 revenue up by 1% to €20.8 billion

Siemens AG announced on Thursday that its revenue in the fourth quarter of the fiscal year 2024 increased by 1% to €20.8 billion. The company's net income rose 11% year-over-year to €2....




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Siemens Q4 revenue up by 2% to €20.8 billion

More to come......




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StanChart Loses Four Financing Bankers in India Amid Revamp




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Just Eat Takeaway sells Grubhub for $650m to Marc Lore-backed startup

After four years abroad, Grubhub is coming back home. Netherlands-based Just Eat Takeaway will sell the food delivery service to billionaire entrepreneur Marc Lore’s restaurant startup Wonder in a deal worth $650 million. Just like the lukewarm food it sometimes delivers, Grubhub’s performance in…




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Saudi Arabia is trying to build a mega-city in the desert. Now, Neom is dialing back plans for its first stage

Neom is scaling back its ambitious plans as costs swell. Neom Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 World Cup and a winter sports resort. The new city faces financial challenges, leadership changes, and…




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Don’t be a deer in Trump’s headlights, EU foreign chief warns MEPs

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Poland hails opening of US missile base as sign of its security

The opening comes amid a nervous reaction among some NATO members to the election of Trump, who has vowed not to defend countries that do not spend enough on defence.




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Spanish politicians clash over Teresa Ribera’s EU nomination

The Spanish government of Prime Minister Pedro Sanchez (S&D) on Wednesday called the opposition Partido Popular's (EPP) boycott of Teresa Ribera, Ursula von der Leyen’s Spanish commissioner pick, “shameful” and “anti-patriotic”. Ribera (PSOE/S&D), Spain's current minister for ecological…




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Filing: FTX co-founder Gary Wang, due for sentencing on Nov. 20, built “tools” to help the US government detect potential fraud in the stock and crypto markets




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Labor Board Bans Anti-Union 'Captive Audience' Meetings




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Lula’s Embrace of Xi Sets Up a Clash Over Trump’s China Policy




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Borissov begins coalition talks with pro-Russian party BSP and populists ITN

Boyko Borissov, leader of the election-winning GERB (EPP) party, has opened negotiations with the pro-Russian Bulgarian Socialist Party (BSP) and the populists of There is Such a People (ITN) over a possible Bulgarian government. GERB won early parliamentary elections in October in one of the EU's…




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ASML Upholds 2030 Sales Forecast in Bet on AI-Driven Demand




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Deutsche Telekom's Q3 revenue up by 3.4% to €27.6B

Deutsche Telekom AG announced on Thursday that net profit in the third quarter of its fiscal 2024 soared 53.7% year over year to €1.9 billion.The company's revenue totaled €27.6 billion after a 3.4% j...




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Britain's motor finance industry is in crisis – with banks bracing for billions in payouts

Britain's motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country's costliest consumer banking scandal. The burgeoning crisis stems back to a landmark judgement from the U.K.'s Court of Appeal in late October, when the court ruled it…




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Czech PM urges EU to rethink climate goals in possible absence of global allies

In today’s edition of the Capitals, find out more about Borissov beginning coalition talks with a pro-Russian party and populists, the S&D threatening to defy its 'gentleman's agreement' with the EPP, and so much more.




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South Africa Partially Reopens Mozambique Border After Unrest




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These 5 Moves Can Lower Your 2024 Tax Bill




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E.ON's sales at €56.3B for first 9 months of 2024

E.ON SE announced on Thursday that its sales for the first nine months of fiscal 2024 came in at €56.3 billion, dropping by 19% year-on-year.More to come......




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Nvidia B200 GPU and Google Trillium TPU debut on the MLPerf Training v4.1 benchmark charts; the B200 posted a doubling of performance on some tests vs. the H100

Nvidia, Oracle, Google, Dell and 13 other companies reported how long it takes their computers to train the key neural networks in use today. Among those results were the first glimpse of Nvidia’s next generation GPU, the B200, and Google’s upcoming accelerator, called Trillium. The B200 posted a…




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ASML says its revenue to grow to 44 billion-60 billion euros by 2030

Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an average annual increase of 8%-14%, driven by strong demand for its most advanced tools. The guidance came in a statement…




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Billionaire Ali’s Lulu Falls in Debut After Mega Abu Dhabi IPO




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ASML says its revenue to grow to between $46 bln and $63 bln by 2030

Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an average annual increase of 8%-14%, driven by strong demand for its most advanced tools.




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ASML targets €60 billion revenue with AI, EUV growth

ASML Holding NV stated on Thursday that it predicts annual revenue of €44 to €60 billion by 2030, with gross margins between 56% and 60%.The Dutch semiconductor equipment leader emphasized in a report...




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Apple hit with £3 billion claim over iCloud pricing and packaging practices

Consumer champion Which? not amused by fruit-based giant's alleged preference for its own cloud storage service UK consumer group Which? has filed a £3 billion action against Apple over alleged competition law breaches related to its iCloud service.…




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France's Thales sees revenue and profit growth after cyber expansion

By Sudip Kar-Gupta PARIS (Reuters) - Defence and technology firm Thales unveiled new four-year targets on Thursday, predicting more than 25 billion euros ($26.34 billion) of revenues by 2028 as it reaps a decade of cyber investments. Europe's largest defence technology supplier, which has…




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Apple supplier Foxconn's Q3 profit rises 14%, beats forecasts

In This Article: TAIPEI (Reuters) - Apple supplier Foxconn reported on Thursday a 14% rise in third-quarter net profit, driven by strong AI server demand. The Taiwanese company, the world's largest contract electronics maker, reported net profit for the July-September quarter rose to T$49.3…




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Sources: the UK Treasury is planning to introduce legislation on stablecoins and staking; the FCA says it plans to publish a crypto regulatory roadmap “shortly”




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How markets might be wrong about Trump

Plus the long and winding road of disinflation




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Bhutan Is Making It Easier to Visit to Revive Its Economy




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French boycott of COP29 lays bare widening divides at UN climate summit

Azerbaijan’s President Ilham Aliyev lashes out at Emmanuel Macron and steps up defence of oil and gas as regional countries dominate guest list




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Nvidia says Jetson Thor, a computer first unveiled in March 2024 and designed for testing humanoid robot software, will be available in the first half of 2025




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Bitcoin Flirts With $100K, Dogecoin Edges Higher, Ethereum Dips As CPI Numbers Fuel Rate Cut Hopes: Analyst Says BTC Could See Over 180% Upside Due To This Bullish Pattern

Bitcoin continued to make records as supportive inflation numbers raised the market's expectations of further interest rate cuts by the Federal Reserve. What Happened: The world's largest cryptocurrency sailed above $93,000 during U.S. trading hours Wednesday, before a sharp correction into the…




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Swedish games developer Embracer misses Q2 operating profit forecast

Swedish games developer Embracer on Thursday posted a bigger-than-expected drop in second-quarter operating profit driven by game release delays in a seasonally softer quarter. The owner of the Tomb Raider franchise said its adjusted operating profit fell 33% to 1.2 billion Swedish crowns ($109.18…




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Here's what to expect when Disney reports before the bell

Disney will report its fiscal fourth-quarter earnings before the bell on Thursday, and Wall Street will be paying close attention to the state of its streaming and theme parks businesses. Investors will also be listening for any details on the search for CEO Bob Iger's successor. Here is what Wall…




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Will Trump End or Escalate Biden’s Wars?

An awfully hopeful take on what Trump might do about America's "forever wars".




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FTSE 100 Live: Pound Holds Below $1.27, Touching August Lows




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Here's what the U.S.' enemies — and allies — might see from Marco Rubio as secretary of state

Sen. Marco Rubio's nomination as secretary of state will see him become the world's most important diplomat.




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IPhone Maker Hon Hai’s Profit Beats Estimates On AI Demand




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Rachael Ray, 56, has no kids and says her dog brings her a 'ray of light'

Rachael Ray says she doesn't regret not having kids. John Lamparski/Getty Images for NYCWFF Rachael Ray says she doesn't regret not having kids even though she was "bashed for it" over the years. Instead, the celebrity chef said on her podcast that she prefers the company of her dog. And it's not…




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ASML says its revenue to grow to between $46 billion and $63 billion by 2030