London's elite Garrick Club votes to allow women for the first time
Members of Britain's exclusive all-male Garrick Club voted on Tuesday to permit women to join the institution for the first time in its 193-year history.
CNBC Europe
U.S. automakers like GM are rapidly losing ground in China, once an engine for growth
GM's fall from grace in China is staggering amid geopolitical tensions with the U.S., along with changing consumer sentiment and increased domestic competition.
UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover
It is the Swiss banking giant's first earnings report in the black since it completed the acquisition of fallen rival Credit Suisse.
Wegovy maker Novo Nordisk extends losses following first-quarter results
Analysts pored over the details in its first-quarter results and monitored a potential rival weight loss treatment.
Britain's ruling Conservatives hit with another local defeat as general election nears
The votes are likely to be the last major political test for U.K. leader Rishi Sunak's Conservative Party ahead of a general election later this year.
Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.
World's largest olive oil producer says the industry faces one of its toughest moments ever
Spain's Deoleo says the industry must undergo a "profound transformation" as it grapples with one of the most challenging moments in its history.
Oil giant Shell beats first-quarter profit estimates, launches $3.5 billion share buyback
British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading.
'Liquid gold': An olive oil shortage is fueling record prices and food insecurity fears
A shortage of olive oil has driven prices to record highs, fueled a crime surge and pushed the industry into crisis mode.
Police use tear gas, water cannons and stun grenades on 'foreign agent' bill protesters in Georgia's capital
Tear gas, stun grenades and water cannons were used by riot police against protesters of Georgia's controversial "foreign agent" bill in its capital Tbilisi.
Luxury carmaker Aston Martin slumps 6% as losses nearly double
Adjusted loss before tax was £110.5 million ($137.8 million) compared to a loss of £57.3 million the previous year.
Europe may need to impose tariffs of up to 55% to curb Chinese EV imports, research says
A new report says Brussels would need to levy higher than expected tariffs of around 50% on Chinese electric vehicles to dissuade their export into the bloc.
The world's happiest countries are targeting net-negative emissions — despite a growing 'greenlash'
Finland and Denmark are both targeting "net-negative emissions" in the years to come — despite an intensifying green political backlash.
Jeep maker Stellantis down 10% on sharp fall in revenue as it prepares for slew of new models
Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects.
'An intense five years': Read HSBC CEO Noel Quinn's surprise resignation statement
HSBC CEO Noel Quinn said it is "now the right time for me to get a better balance between my personal and business life."
Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth
Price rises in the 20-nation euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter.
Swiss pharma giant Roche's first-quarter sales edge higher as its emerges from post-Covid-19 slump
Roche lowered its 2024 growth outlook in February as it continues to confront a drop-off in demand for its Covid-19 products and a number of its cancer drugs.
Volkswagen profit drops 20% in first quarter on lower sales
German carmaker Volkswagen on Tuesday said its operating profit dropped by 20% in the first quarter of 2024 compared to the the same period a year earlier.
IMF chief warns of emerging market risk with high U.S. interest rates
The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic.
Turkey is the latest country to launch a digital nomad visa—find out if you qualify and where to apply
Applicants must have an income of at least $36,000 USD a year or $3,000 a month.
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