BP CEO defends spending plans as climate protesters block entrance to London energy conference
BP CEO Bernard Looney on Tuesday sought to defend the firm’s fossil fuel spending plans as protesters disrupted the first day of a global energy conference.
Watch CNBC’s full interview with Santander Executive Chair Ana Botin
Ana Botin, the executive chair at Santander, speaks to CNBC’s Charlotte Reed after the bank lifted its profitability goal on Tueasday.
Samsung says S23 smartphone sales ahead of S22 with most people buying the priciest ‘Ultra’ model
Sales of Samsung’s Galaxy S23 flagship smartphone have outstripped last year’s S22 in a comparative period, according Samsung executive Patrick Chomet.
Uber-backed ride hailing app Careem is halting its operations in Qatar
The surprise announcement, which went into effect immediately on Feb. 28, comes just months after Qatar hosted the 2022 World Cup.
As Russian forces bear down on Bakhmut, Ukraine admits situation there is ‘more and more difficult’
Officials in Kyiv have conceded that the situation is rapidly deteriorating around Bakhmut, a besieged city in eastern Ukraine.
Brexit deal hailed as ‘turning point’ for Northern Ireland, but could still face opposition in Belfast
The new Brexit deal signed by the U.K. and the European Union on Monday was heralded as a “turning point” for Northern Ireland, but must still pass muster in Belfast.
Payments firm Klarna posts smaller Q4 loss, eyes return to profit
“Buy-now, pay-later” firm Klarna aims to return to profit by the summer, the company said on Tuesday, as it reported wider losses for 2022.
Big Tech vs. Big Telco: Top EU official says there’s no ‘battle’ over network funding
European Commissioner for the Internal Market Thierry Breton said there is not necessarily a “battle over fair share between Big Telco and Big Tech.”
Credit Suisse ‘seriously breached’ obligations in Greensill case, Swiss regulator says
Credit Suisse “seriously breached its supervisory obligations” in the context of its business relationship with financier Lex Greensill and his companies, Swiss regulator FINMA concluded Tuesday.
Santander lifts profitability goal to 15-17%, pay-out to 50% in 3-year strategy
Spain’s Santander said it plans to raise its return on tangible equity ratio to between 15%-17% for the period 2023-2025.
