Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat
Shell's earnings come as Big Oil's profits continue to fall from record highs in 2022.
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7 days ago
Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
Economists polled by Reuters had been expecting the reading to come in at 2.1% in April.
Russia's war in Ukraine 'not going to end any time soon,' JD Vance says
His comments come shortly after the U.S. and Ukraine signed a minerals deal, an agreement that Vance said showed the White House is making progress.
Ireland fines TikTok 530 million euros for sending EU user data to China
Ireland's privacy regulator said Friday that TikTok infringed the bloc's GDPR data protection law over transfers of European user data to China.
8 days ago
U.S. and Ukraine sign landmark minerals deal after months of fraught negotiations
The minerals deal, long coveted by U.S. President Donald Trump, comes more than three years since the start of Russia's full-scale invasion of Ukraine.
Auto giants ditch financial guidance as industry reels from Trump tariff chaos
The corporate updates come shortly after Trump imposed a 25% tariff on automotive imports into the U.S. earlier in the month.
'We won't be shy': How European companies are raising prices on American customers over U.S. tariffs
European CEOs have said that they intend to raise prices to preserve profit margins, along with cutting costs by shifting supply chains away from China.
9 days ago
German inflation dips less than expected to 2.2% in April
Economists polled by Reuters had estimated a 2.1% reading.
Microsoft says it respects European laws as U.S. ramps up trade tensions with EU
Microsoft President Brad Smith says the U.S. tech giant is committed to respecting European laws — even though it may not always agree with them.
Lars Klingbeil to become Germany's vice chancellor and finance minister, Social Democratic Party says
The Social Democratic Party's Lars Klingbeil has been tapped to become Germany's next finance minister in the incoming centrist coalition government.