Oil giant Shell raises dividend and launches $2 billion share buyback as commodity prices soar
Shell boosted its dividend for the second consecutive quarter and announced the launch of a $2 billion share buyback program.
CNBC Europe
Billionaire investor Chamath Palihapitiya backs UK insurance start-up as it pivots from drones to cars
Venture capitalist Chamath Palihapitiya has invested $10.6 million into London insurance start-up Flock, which is pivoting from drones to cars.
Credit Suisse investigation into Archegos scandal reveals multiple failings but no ‘fraudulent or illegal conduct’
In the wake of the sandal, the head of its investment bank, Brian Chin, and chief risk and compliance officer, Lara Warner, stepped down.
Rent controls are becoming a highly divisive issue in Europe
Rent controls are becoming increasingly popular in many European nations, but experts note they can even scare investors away.
Low-carbon hydrogen is not cheap and needs support, says major energy organization
Hydrogen has a broad range of applications and can be produced in a number of ways.
Fully vaccinated U.S. and EU citizens will no longer have to quarantine when traveling to England
U.S. and EU travelers who have been fully vaccinated against the coronavirus will soon be allowed to visit England without having to quarantine.
UK financial watchdog cracks down on lack of diversity in boardrooms with ‘comply or explain’ proposal
The FCA has proposed changing the rules for companies listed in the U.K. to include a "comply or explain" requirement for not meeting diversity targets.
UK Covid cases are now falling rapidly despite the easing of lockdowns, and it’s surprising the experts
Covid-19 cases in the U.K. fell for the seventh day in a row on Tuesday to 23,511 from 46,588 a week prior.
Chinese tech giants are snapping up gaming studios around the world
After decades of the U.S. and Japan dominating the gaming space, China's influence is growing as its tech giants snap up gaming studios around the world.
Deutsche Bank smashes estimates for the second quarter despite slide in trading revenues
Deutsche Bank on Wednesday posted a large profit beat for the second quarter, despite its all-important investment banking arm suffering a slide in revenues.
IMF warns that inflation could prove to be persistent and central banks may need to act
For the most part, the Washington-based institution sees these price pressures as transitory. However, it warned that "uncertainty remains high."
New Nokia smartphone is a ‘military grade’ model with 5G that can take a beating
The Nokia XR20 comes with a tough 6.67-inch Gorilla Glass Victus display, 5G internet and a dual-lens camera.
This food delivery giant is down over 20% in 2021. An investor says enough is enough
Cat Rock Capital, a major shareholder in Just Eat Takeway.com, says the food delivery firm’s communication with investors is “deeply flawed.”
ECB's Holzmann says central bank's new policy guidance was a 'step too far'
His words follow last week's announcement that the ECB will pursue a "persistently accommodative" stance.
Europe’s proposed A.I. law could cost its economy $36 billion, think tank warns
A new law designed to regulate artificial intelligence in Europe could end up costing the EU economy 31 billion euros ($36 billion) over the next five years.
Swedish researchers are paying unvaccinated people $23 to have their Covid shot
Swedish scientists are attempting to find out if financial incentives could motivate people to get vaccinated against Covid-19.
Marlboro maker Philip Morris says it may stop selling cigarettes in Britain within 10 years
"I want to allow this company to leave smoking behind," Philip Morris CEO Jacek Olczak said in an interview with the Mail on Sunday.
Dr. Scott Gottlieb says U.S. delta-driven Covid spike could peak in 3 weeks, following U.K. pattern
"If the U.K. is turning the corner, it's a pretty good indication that maybe we're further into this than we think" in the U.S., Dr. Scott Gottlieb told CNBC.
Budget airline Ryanair posts 273 million euro loss as Covid continues to wreak havoc
Low-cost airline Ryanair said Monday that it's still facing a "challenging" environment and that it might finish the fiscal year "somewhere between a small loss and breakeven."
Action on climate change can provide a shot in the arm for the global economy, economist says
The fatal floods in Germany in recent weeks have put the impacts of climate change firmly in the spotlight again.
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