Fabrice Coffrini | Afp | Getty Images Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth up to $1 billion in the second half of the year. The group posted a net loss attributable to shareholders of $279 million for the quarter, its second … Read more
Environmental activist Greta Thunberg leaves Westminster Magistrates’ Court in London, England, on Feb. 1, 2024. Leon Neal | Getty Images News | Getty Images LONDON — Swedish climate activist Greta Thunberg on Friday was cleared of a public order offense over a protest at an oil and gas conference in October. Thunberg was arrested Oct. … Read more
Patrons at sidewalk tables of Janis bar in Cais do Sodre in Lisbon, Portugal. Horacio Villalobos | Corbis News | Getty Images Euro zone headline inflation eased slightly in January, flash figures published by the European Union’s statistics agency showed on Thursday, while core figures declined less than expected. Annual headline price rises came in … Read more
A Shell logo displayed on a sign at a gas station in Nakuru, Kenya. Sopa Images | Lightrocket | Getty Images British oil giant Shell on Thursday beat expectations for full-year profit and announced a $3.5 billion share buyback program. Shell reported adjusted earnings of $28.25 billion for the full-year 2023. The firm logged its highest-ever annual … Read more
Dmitry Rybolovlev, president of As Monaco Football Club SA, arrives at court in New York on Jan. 9, 2024. Bloomberg | Bloomberg | Getty Images Russian billionaire Dmitry Rybolovlev on Tuesday lost a New York federal court lawsuit in which he had accused the Sotheby’s auction house of helping an art buyer defraud the oligarch … Read more
The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images Norway’s giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global, one … Read more
Jurgen Klopp, Manager of Liverpool celebrates with the Champions League Trophy after winning the UEFA Champions League Final between Tottenham Hotspur and Liverpool at Estadio Wanda Metropolitano on June 01, 2019 in Madrid, Spain. Michael Regan/Getty Images Jürgen Klopp will unexpectedly step down as Liverpool soccer team manager at the end of this season, the club … Read more
An employee arranges a display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc’s biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours after Rolex SA decided to buy a … Read more
Robert Holzmann, governor of Austria’s central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023. Bloomberg | Bloomberg | Getty Images The European Central Bank may defy market expectations and hold off on starting interest rate cuts during the whole of 2024, the institution’s Governing Council member Robert Holzmann said Monday. … Read more
Greece has been struggling with forest fires that could not be controlled for 10 days on July 27, 2023 in Rhodes, Greece. Dia Images | Getty Images News | Getty Images Scientists on Tuesday confirmed 2023 as the hottest year on record and warned that the planet is now within touching distance of smashing through … Read more