The ‘Apple of e-bikes’ targets profitability next year even as rivals enter bankruptcy
Adrien Roose, CEO and co-founder of e-bike firm Cowboy, told CNBC this week that he expects the company to reach profitability on a full-year basis in 2024.
Germany approves financial reforms to help its tech industry compete with Silicon Valley
Germany on Friday approved a litany of changes to its rules for stock-based compensation at tech startups, listing of companies and taxation.
Everton: Premier League deducts club 10 points for profit and sustainability rule breach
Everton have been deducted 10 points by the Premier League for a breach of profit and sustainability rules.
Rolls-Royce shares at one-year high despite ‘defective’ engine jibes from Emirates boss
Shares of Rolls-Royce are at a 52-week high, up just under 190% in the span of a year.
Alibaba sheds over $20 billion in market value after scrapping plans to list its cloud business
Alibaba lost more than $21 billion in market cap off the back of its ill-fated cloud spinoff plans, according to CNBC calculations of data from FactSet.
Volvo shares tumble 14% to record low as Chinese owner Geely sells off stock
Shares of Swedish carmaker Volvo Cars tumbled on Friday as its parent company began selling off some of its holdings.
ECB’s Lagarde: Increasing signs that the global economy is fragmenting into competing blocs
European Central Bank President Christine Lagarde said that Europe is now at a critical juncture.
Europe markets tick higher at open, look set for weekly gains
European markets started Friday in the green after a reversal of momentum in the previous session.
Russian shelling kills six in Kherson; Finland to blockade Russian borders
Russian shelling killed six people and injured at least 10 in parts of the Ukrainian region of Kherson over the last 24 hours, local officials confirmed.
Why ‘how was school?’ isn’t a good question to ask kids. Here’s what to say instead
“Most adults want to switch off after work and let go of their day — children are the same,” one child psychologist says.
