Shipping giant Maersk shares slide 15% after suspending share buybacks amid Red Sea disruption
Danish shipping giant Maersk on Thursday flagged "high uncertainty" in its 2024 earnings outlook as Red Sea disruptions continue to weigh on the industry.
CNBC Europe
'Stability is fragile': An overlooked European conflict zone is at a tipping point between peace and combat
Peace and stability is far from guaranteed in one of Europe's most volatile conflict zones, according to a top EU diplomat.
Russian war critic Boris Nadezhdin barred from running in presidential election
Russia's electoral authorities claimed Nadezhdin's campaign had submitted too many defective signatures in support of his presidential bid.
Coup nations threaten to quit West Africa bloc: Here’s what it means for the region — and Russia
Three West African countries currently under the rule of military juntas have announced plans to exit the Economic Community of West African States.
World surpasses key warming threshold across an entire year for the first time
Scientists said the findings reaffirm the urgent need to slash planet-warming greenhouse gas emissions
Renewables giant Orsted exits several offshore wind markets, pauses dividend after turbulent year
Danish renewables giant Orsted on Wednesday announced plans to cut jobs and exit several offshore wind markets after a tumultuous year of rising costs.
Dutch far-right Geert Wilders' hopes of becoming prime minister sink after coalition talks collapse
Pieter Omtzigt, leader of the New Social Contract, quit negotiations, vexing Wilders' efforts to assemble a working alliance for his Party for Freedom.
BP shares rise 5% after British oil giant announces plans to boost shareholder returns
British oil giant BP on Tuesday announced plans to boost shareholder returns, even after a sharp drop in full-year profits aligned with lower oil prices.
UBS beats earnings expectations, announces up to $1 billion share buyback
Swiss banking giant UBS on Tuesday narrowly beat fourth-quarter earnings expectations and announced that it would recommence share buybacks worth $1 billion in the second half of the year.
Russia's war in Ukraine has had an unlikely consequence — it has revived the EU's plans to get even bigger
The Western Balkans had made slow progress on joining the EU — until war broke out. Whether it is ready and willing to make the final steps remains unclear.
Bill Gates- and Jeff Bezos-backed startup discovers large-scale copper deposit in Zambia
The rare discovery of a large-scale copper deposit could help in the global race to secure a supply of materials critical to the energy transition.
Shares of Italy's UniCredit jump 10% and hit eight-year high on earnings beat
Shares of Italian bank Unicredit hit their highest level since 2015 Monday, after announcing that it would return 8.6 billion euros ($9.2 billion) to investors.
Red Sea tensions risk significantly higher inflation, OECD warns
Higher shipping costs could add 0.4 percentage points to consumer price inflation, the Paris-based group said Monday.
These are the 10 most sustainable travel destinations in the world—none of them are in the U.S.
Tripadvisor ranked the global destinations based on commitment to sustainability.
Climate activist Greta Thunberg cleared of public order offense during London oil protest
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.
Russian war critic poses an awkward challenge for Putin and the Kremlin as the election nears
A challenger to Putin's long reign in office has emerged from within Russia's political establishment, in the form of Boris Nadezhdin.
‘Massive for the sport’: Lewis Hamilton’s blockbuster move to Ferrari hailed as a major coup for F1
The news sent shockwaves through Formula One, with 2009 world champion Jenson Button describing Hamilton's move to Ferrari as "massive for the sport."
Ferrari finishes a record year by topping Wall Street's estimates
The automaker reported a net profit of 1.26 billion euros, or $1.36 billion, for 2023, including 294 million euros, or $317.9 million, in the fourth quarter.
Formula 1 star Lewis Hamilton to leave Mercedes for Ferrari after 2024 season
Hamilton "activated a release option" in his contract, Mercedes said, following an 11-year partnership with the team.
Top wealth manager Julius Baer caught in property write-off storm as CEO steps down
The company will cut 250 jobs this year, impacting around 3% of its 7,425 employees.
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