Turkey is pushing to finalize a free trade agreement with the Gulf Cooperation Council (GCC) by the end of the year, according to a statement from the Turkish trade ministry. This follows
British supermarket group Morrisons announced on Tuesday that its new CEO’s initiatives to enhance price competitiveness and develop a loyalty program are yielding positive results, as evidenced by a 4.1% increase in
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Germany’s Covestro announced on Monday that it is intensifying discussions with ADNOC after the Emirati energy company raised its takeover bid to 11.7 billion euros ($12.5 billion). Covestro, a producer of plastics
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The U.S. Treasury Department announced on Friday that it received $556.7 million from auctions selling warrants in 11 major U.S. airlines. These warrants were received in exchange for COVID-19 assistance provided to
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Siemens (SIEGn.DE) has temporarily halted the delivery of its new fast-speed ICE trains to Deutsche Bahn after detecting defects in some components, the German conglomerate announced on Thursday. A spokesperson for Siemens
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The campaign chief for British Prime Minister Rishi Sunak’s Conservatives stepped aside two weeks before an election after reports emerged that he and his candidate wife were being investigated for betting on
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Sales of new battery-electric cars in the European Union dropped 12% in May compared to the previous year, with a notable 30% decrease in Germany, according to data from Europe’s auto industry
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London stocks experienced a slight decline on Wednesday as investors balanced the news of Britain’s headline inflation hitting the Bank of England’s (BoE) target against a slower-than-expected drop in services price inflation.
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Billionaire Warren Buffett‘s Berkshire Hathaway Inc has acquired an additional 2.95 million shares in Occidental Petroleum, increasing its stake in the U.S. oil producer to nearly 29%. According to a regulatory filing
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Three British opinion polls released late on Saturday depict a challenging scenario for Prime Minister Rishi Sunak‘s Conservative Party, with one pollster warning of potential “electoral extinction” in the July 4 election.
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Russia’s Ingosstrakh announced on Friday that it might challenge UK sanctions in court and is seeking clarification on the measures imposed by the British government on Thursday. Ingosstrakh, which provides services including
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