Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015
Shares of Finnish telecom firm Nokia plunged after a steep drop in sales and operating profit in the second quarter.
‘Britain will be a friend and a partner’: UK’s Starmer aims to overhaul EU relations at key summit
The U.K.’s new Labour Prime Minister Keir Starmer is seeking to reset fractured relations with Europe as he hosts more than 45 heads of state at a summit.
Volvo Cars jumps 11% after reporting a record core operating profit
Shares of Volvo Cars rose sharply on Thursday after the company reported a jump in annual operating profit for the second quarter.
U.S.-China tensions are not a ‘new Cold War,’ veteran Singapore diplomat Bilahari Kausikan says
The term is “misleading” and only bears “superficial similarities to the U.S.-Soviet competition of [an] earlier era,” he says.
European Central Bank set to hold rates with inflation picture muddying demand for cuts
Recent inflation data showed a decline in headline inflation but wage growth is a still serious headache for the ECB.
Asia chip stocks tumble amid news the U.S. may consider trade curbs
Chip stocks in Asia tumbled on Thursday following a tech selloff on Wall Street amid reports the U.S. may be considering tighter export restrictions.
TSMC second-quarter profit beats expectations as AI chip boom continues
TSMC on Thursday beat revenue and profit expectations in the second quarter, as demand for advanced chips used in AI applications continue to surge.
JD Vance blames U.S. wage losses on China’s efforts to build its middle class
U.S. presidential hopeful Donald Trump’s new running mate JD Vance stuck to a hard line on China in his first speech since being selected earlier in the week.
Olympic track and field gold medalists are about to receive prize money for the first time ever
World Athletics President Sebastian Coe has defended his decision to pay prize money to track and field gold medalists at the Paris Olympics this summer.
