As the dominant force in online search, Alphabet Inc.’s Google has for years had little to challenge its supremacy. But the rapid adoption of OpenAI’s ChatGPT has some investors concerned that may be about to change.
European Union lawmakers are set to back tough requirements for fossil fuel producers to rein in emissions of one of the most potent greenhouse gases.
LVMH is shifting resources out of Hong Kong, reflecting waning interest in what used to be Asia’s premium shopping hub as mainland Chinese consumers switch to shopping at home.
Assicurazioni Generali SpA is looking to sell Tua Assicurazioni, a unit inherited from its purchase of a smaller Italian rival, people with knowledge of the matter said.
The People’s Bank of China signaled it may start gradually scaling back some of the stimulus measures implemented during the pandemic as the economy begins recovering and credit demand picks up.
The euro area’s economic rebound gained further momentum in April thanks to resurgent service-sector activity, while the business outlook remains resilient to recent banking-sector stress.
(Bloomberg) — French Finance Minister Bruno Le Maire said the state’s mechanism limiting the cost of electricity for consumers could last another two years as wholesale prices remain high.Â
A Russian Su-34 military jet accidentally fired on the city of Belgorod north of the Ukrainian border, the Russian defense ministry said, leaving a massive crater and damaging homes and cars.
UBS Global Wealth Management has turned bullish on the Japanese yen, wagering that the central bank will consider adjusting its ultra-loose monetary policy stance in the coming months.
Africell Holding SAL will launch new financial services this weekend in Angola, a country that’s lagged behind as the rest of Sub Saharan Africa dominated the mobile payments market.
