CNBC Europe
TikTok to give creators over $2 billion in the next 3 years as it takes on Instagram and YouTube
TikTok plans to give high-profile creators over $2 billion in the next three years as it wages war on Instagram and YouTube.
Shell's second-quarter profit slumps 82% on coronavirus hit to oil prices, energy demand
Analysts had warned that "Big Oil" companies were likely to report "horrendous" second-quarter results.
'We don't know': AstraZeneca CEO says 'unpredictable' coronavirus may require annual vaccinations
The British firm is just one company working on a potential coronavirus vaccine.
Credit Suisse reports 24% rise in net profit as it merges its investment banking units
Credit Suisse reported a 24% jump in net income from a year ago, despite a "challenging economic environment."
Summer quarantine policies will create a 'rollercoaster effect' for airlines, Wizz Air CEO says
Quarantine policies in Europe will have a "rollercoaster effect", the chief executive officer of Wizz Air told CNBC.
Elon Musk says DeepMind is his 'top concern' when it comes to A.I.
The Tesla and SpaceX boss made his comments on DeepMind in an interview with The New York Times.
Barclays posts profit slide as the firm sets aside another £1.6 billion for coronavirus-related loan losses
Barclays has increased its coronavirus-related provisions in the first half of the year.
Fintech unicorn TransferWise sees valuation climb to $5 billion
TransferWise employees and early investors sold some of their stake in a $319 million secondary deal.
Watch live: White House coronavirus advisor Dr. Anthony Fauci interviewed by Reuters
Reuters international news agency is interviewing Dr. Anthony Fauci, a member of the White House coronavirus task force, as the nation struggles to contain the coronavirus outbreak.
Turkish lira falls to a fresh record low against the euro amid investor selling, sanctions risk
The lira's drop comes despite aggressive dollar selling in the billions by Turkish state banks to prop it up.
Euro zone banks could 'face difficulties' if economic crisis deepens, ECB supervisory chief warns
In a separate announcement Tuesday, the ECB asked European lenders not to pay dividends and not to buy back shares until January 2021.
Google is building a huge undersea fiber-optic cable to connect the U.S. to Britain and Spain
Google's new Grace Hopper fiber-optic cable will run from New York to Bude in the U.K. and Bilbao in Spain.
Income inequality will likely get worse due to the virus. This is what governments could do about it
As the situation deteriorates for low skilled and self-employed workers, international organizations expect income inequality to get worse in 2020 due to the coronavirus' crisis.
How firms are keeping staff and secrets safe from hackers now everyone is working remotely
Security chiefs from McLaren, Revolut, and Facebook explained what they're doing to keep their companies safe during the lockdown.
European equities could rally 10% on the back of historic fiscal stimulus, Morgan Stanley predicts
European stocks could jump 10% on the back of Europe's unprecedented fiscal plan, Morgan Stanley said.
Twitter faces 'walkout' over its handling of British grime star's anti-Semitic tweets
Twitter is facing a 48-hour 'walkout' over its handling of anti-Semitic tweets from British grime star Wiley.
Second wave fears in Europe roil travel stocks
The sixteen top travel and leisure stocks in Europe fell more than 3% in the first hour of trading, with Tui, easyJet and International Airlines Group all down by around 10%.
Ryanair reports net loss of 185 million euros and predicts traffic will be down 60% this year
The low-cost airline said Monday that its next fiscal 12 months "will be a very challenging year."
How the coronavirus is changing the way we shop — and what we're buying
The coronavirus pandemic is likely to change how and what consumers buy, forcing the retail industry to quickly innovate in a race that's likely to squeeze smaller brands.
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