World News

European shares steady, interest rate uncertainty remains (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Real-estate, healthcare stocks top gainers * Aixtron drops on China…

US Big Tech says it meets EU gatekeeper status, TikTok criticises label Companies can be fined up to 10 per cent of annual global turnover for DMA violation Seven companies including Amazon, Apple, Google, Facebook-owner Meta and…

MORNING BID EUROPE-China dampens the mood again Yet news that Tesla and its main Chinese rival BYD racked up record deliveries of China-made electric vehicles in the second quarter suggests that demand in at least one segment of the…

Mitsubishi sets up new company for hydrogen business in Europe Mitsubishi Corporation (MC), a global integrated business enterprise, has established a new company, Eneco Diamond Hydrogen, to develop green hydrogen and associated renewable…

MORNING BID EUROPE-Fragile markets wait on PMIs A look at the day ahead in European and global markets from Tom Westbrook A red tide swept over Asia-session screens on Friday as markets took a hot Japanese inflation reading and the Bank of…

Frontline Growth’s New Report Outlines How the Growth of the European Ecosystem is Driving Competition for SaaS Startup Expansion Findings highlight despite global pullback on growth, the timing and conditions are ideal for U.S.…

European business activity slows in June as higher interest rates begin to bite S&P Global’s Chris Williamson described the numbers as “worrying” as the euro zone’s flash composite PMI dropped to 50.3 in June. Earlier data from…

Europe’s central bank backs big rate hike despite bank chaos The ECB hiked rates by half a percentage point Thursday, underlining its determination to fight high inflation. The European Central Bank carried through with a large interest…

Investors chase European equities, dump U.S. as election nears Fund flows into European stocks have surged in recent months, data showed, as global investors look to diversify away from U.S. equities amid concerns over higher valuations…

Accenture adds Objectivity and Einr to European business Global consulting and technology company Accenture has closed two acquisitions, welcoming Objectivity’s teams to its offices in three European countries, and Einr to its Norwegian…