EU economics chief says Europe is gripped by a ‘double crisis’ — but it can avoid a recession
Europe can avoid a recession, Paolo Gentiloni, the European Commissioner for economic affairs, told CNBC on Saturday.
Many Italian parties are against China’s Belt and Road Initiative, foreign minister says
Many Italian parties are against Rome’s participation in China’s Belt and Road Initiative, Antonio Tajani, the country’s foreign minister said Saturday.
BMW unveils Vision Neue Klasse concept car as it touts the dawn of a new EV era
The first electric vehicles based on the Neue Klasse — or new class — architecture are set to enter production in 2025.
Singapore picks economic czar Tharman Shanmugaratnam as its next president
Former deputy prime minister Tharman Shanmugaratnam, won 70.4% of votes, the elections department said, to become Singapore’s head of state.
Former Harrods owner Mohamed Al Fayed, whose son was killed in crash with Princess Diana, dies at 94
Mohamed Al Fayed, former owner of the famed Harrods department store in London whose son was killed in a car crash with Princess Diana, has died, his family said Friday. He was 94.
Russia’s Putin says he will soon meet with China President Xi as war in Ukraine drags on
The upcoming meeting comes amid steady gains by Ukrainian forces on the battlefield.
Forget about Nvidia. The big winner so far this quarter is a one-time Midwest phone company
The biggest stock market gain so far in the third quarter is in the Chicago-based parent of U.S. Cellular.
Dell has best day on stock market since its relisting in 2018 after earnings sail past estimates
Dell shares surged more than 20% on Friday after the company reported better-than-expected earnings and revenue.
Vietnamese EV maker VinFast fails to cement meme stock status as eye-popping rally fades quickly
There has been growing interest from retail crowds in VinFast, but it pales in comparison with other popular Asian carmakers during their peak popularity.
Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000
Nonfarm payrolls were expected to increase 170,000 in August, according to a Dow Jones consensus estimate.
