Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Danish renewables giant Orsted on Friday received approval from shareholders for its emergency $9.4 billion rights issue, shortly after the crisis-stricken company issued aRead More →
In a Wednesday interview with CNBC’s Jim Cramer, Salesforce CEO Marc Benioff defended the guidance his company issued — even as the figures disappointed Wall Street. “Our results are absolutely fantastic and our guidance is also, you know, is always appropriately conservative,” Benioff said. The enterprise software company posted itsRead More →
Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty Images Apple shares rose more than 3% in extended trading Tuesday after a federal judge ruled that Alphabet may continueRead More →
European consumers are facing higher prices when going to the supermarket. Andia | Universal Images Group | Getty Images Euro zone inflation edged higher to 2.1% in August, according to the latest flash data from statistics agency Eurostat on Tuesday. Economists polled by Reuters had expected the rate to remainRead More →
LONDON — European stock markets kicked off the new month higher, as the defense and health-care sectors received a boost from corporate news. The Stoxx Aerospace and Defense index was up 1.65% at 10 a.m. in London (5 a.m. ET), after the U.K. government announced Sunday that Norway had placedRead More →
A recent surge in matcha’s popularity has led to a global matcha shortage, driven by soaring demand and limited production in Japan, where high-quality matcha is grown. Justin Sullivan | Getty Images News | Getty Images TOKYO — When Chitose Nagao retired after nearly three decades in advertising to start a matchaRead More →
Key Points The Saudi Pro League is looking at privatization to bring it to greater heights. Football is a core part of Saudi Arabia’s Vision 2030, a sweeping plan to diversify its economy away from oil revenues and reposition the kingdom as a global cultural and commercial hub. The countryRead More →
A federal appeals court ruled Friday that most of President Donald Trump’s global tariffs are illegal, striking a massive blow to the core of his aggressive trade policy. The U.S. Court of Appeals for the Federal Circuit held in a 7-4 ruling that the law Trump invoked when he grantedRead More →
Meta Platforms CEO Mark Zuckerberg departs after attending a Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram, at U.S. District Court in Washington, D.C., U.S., April 15, 2025. Nathan Howard | Reuters Meta on Friday said itRead More →
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the ChineseRead More →
