Financial Analysis
Austria's embattled Signa Holdings sells stake in Selfridges
Embattled Austrian property and retail giant Signa Holdings has sold its shares in the Selfridges Gr...
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EU pledges funds for developing countries ahead of Azerbaijan summit
EU finance ministers on Tuesday reaffirmed they’ll help developing countries bearing the brunt of cl...
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BP bows to investor pressure as it abandons plans to cut oil output
Oil giant BP is reportedly giving up its target to reduce its oil production in the next five years ...
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Troubled Thames Water waist-deep in trouble over illegal sewage dumping
UK water regulator Ofwat has fined Thames Water £104m (€124m) for its part in illegal sewage dischar...
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PepsiCo lowers revenue forecast as consumers cut back
PepsiCo lowered its organic revenue forecast for the year after US consumers continued to pull back ...
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Eurozone jobless figure remains stable, according to latest data
The latest dataset on EU and Eurozone unemployment has been released, indicating it has stabilised f...
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Will paying German drivers a bonus for buying electric vehicles work?
Proposals by the German Social Democratic Party (SPD) to pay drivers thousands of euros to replace t...
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French-Italian car giant Stellantis sees sales in US crash by one fifth
Stellantis delivered 305,294 vehicles in the third quarter, a sharp 19.8% drop from the same period ...
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Dutch airline KLM plans 'painful' cost-cutting to combat high outgoings
Dutch airline KLM announced a “painful” round of cost-cutting and other measures on Thursday aimed a...
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