Bitcoin on Monday rose past $40,000 for the first time since May last year, boosted by hopes that the United States will soon allow broader trading of the world's biggest cryptocurrency.
Inflation in the eurozone fell to its lowest level in more than two years in November, official data showed Thursday, raising hopes the European Central Bank could soon cut interest rates.
Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy as they headed into virtual meetings Thursday in a bid to halt a continuous slump in prices.
Uber is to roll out its service to London black cabs next year, it announced Wednesday, despite long-running friction between drivers of the traditional taxis and the US-based firm.
Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at the age of 99, his employer has confirmed.
The retail sector's efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual "Black Friday" shopping day followed by the newer "Cyber Monday."
Markets drifted Friday following a broadly healthy week, with traders hoping for fresh Chinese moves to help the country's troubled property sector after officials called on banks to provide support.
Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the climate crisis or embracing the clean energy transition, the International Energy Agency said Thursday.
Tesla chief executive Elon Musk broke his silence Thursday on a strike against his company in Sweden, saying it was "insane" that it may block new car deliveries.
Nvidia on Tuesday reported that its revenue more than tripled in the recently ended quarter as companies snapped up chips to power artificial intelligence (AI).
Eurozone stock markets advanced Wednesday on hopes of an end to the US Federal Reserve's interest rate-hiking cycle, but London flatlined before a key budget update.
Binance boss Changpeng Zhao has become the most powerful cryptocurrency figure to fall in a two-year period chaotic even by the standards of the notoriously volatile industry.
Microsoft CEO Satya Nadella on Monday announced the hiring of OpenAI's Sam Altman and other members of his team, days after the co-founder of the venture behind ChatGPT was fired.
Shapeshifting Colombian superstar Shakira is in comeback mode after a torrid, highly publicised split from her footballer ex, Gerard Pique.
Major Asian and European stock markets fell Thursday as investors took a breather and cashed in on a recent rally following better-than-expected US inflation figures.
Chinese internet giant Tencent announced on Wednesday a nine percent year-on-year dip in third-quarter net income, even as it posted growth in revenue over the same period.
The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on consumers and businesses.
German auto supplier Continental said Monday it will cut thousands of jobs to reduce costs, at a time the sector is facing severe headwinds.
Stock markets slid Friday after Federal Reserve boss Jerome Powell warned the central bank "will not hesitate" to hike US interest rates further in its quest to bring down inflation.
With companies cutting back on office space as working from home remains popular, Europe's biggest business district is looking to students to fill the void left by workers.
German chemicals giant Bayer said Wednesday it would cut management jobs and was examining splitting off one of its divisions after reporting a massive third-quarter loss.
French automaker Renault and Japanese partner Nissan officially launched their "rebalanced" alliance on Wednesday as they seek to reset a rocky 24-year-old partnership.
UBS posted a larger-than-expected loss in the third quarter on Tuesday, the first quarterly drop since 2017 as it integrates Credit Suisse after taking over its fallen Swiss banking rival.
Japanese gaming giant Nintendo raised its annual forecasts on Tuesday after strong first-half sales of its new "Zelda" and "Mario" franchise games for the ageing Switch console.
Korean Air said Tuesday it "strictly manages" cosmic radiation exposure for its flight crew, after a landmark decision ruled an air steward's cancer death was akin to an industrial accident.
Irish no-frills airline Ryanair on Monday announced the start of regular dividends to shareholders after net profit surged 72 percent in its first half on higher fares and record traffic.
The EU on Monday announced an investigation into Chinese e-commerce giant AliExpress, seeking more details on what measures it is taking to protect consumers online from illegal products, including fake medicines.
Uber and Lyft will pay $328 million to settle a New York probe alleging that the companies "cheated" drivers, in an accord that also establishes paid sick leave, state officials announced Thursday.
Danish shipping giant Maersk said Friday it would slash 3,500 jobs as net profit and revenue plunged in the third quarter due to a sharp fall in freight rates.
The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service.
