Business & economy

World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.

Apple preview: Key metrics to watch for in upcoming earnings report

Apple’s stocks underperformed most of the US tech shares this year due to weakened iPhone sales and a lack of…

Here’s the two European countries with no female listed company CEOs

That’s according to new research carried out by Bloomberg, which highlighted which countries on the continent are lacking female leadership…

Riding the AI Wave: Amazon’s growth accelerates in the first quarter

Amazon reported robust first-quarter earnings that surpassed market expectations as its cloud computing service, Amazon Web Services (AWS), experienced accelerated…

Alarming lack of charging points means EU climate goals are still out of reach

There is an alarming gap between the current charging infrastructure and that of necessary to reach the climate targets of…

Majority of Germany’s “Open Door” refugees have entered the labour force

Most refugees who arrived in Germany thanks to Angela Merkel’s “Open Door” policy have now found work, according to a…

Lufthansa sees losses extend in Q1 after airline figures weighed down by strikes

German national carrier Lufthansa reported its first quarter 2024 earnings on Tuesday, clocking in an operating loss of -€849 million,…

HSBC boss Quinn in surprise decision to retire after five-year overhaul of bank

Lender HSBC is on the lookout for a new CEO after 62-year-old Noel Quinn unexpectedly announced his retirement on Tuesday.…

Volkswagen Group sees first quarter earnings slide as car sales stall

Volkswagen Group has reported a 20% year-on-year drop in first quarter operating profit for 2024, as falling sales and increasing…

Russian bear Putin sharpens his claws to take hold of more European businesses

In a move that is likely to increase tension between Russia and Western Europe, the Kremlin has unexpectedly announced the…

L’Occitane owner looks for clean sweep to return skin-care brand to private hands

The owner and major shareholder of French firm L’Occitane is looking to take his skin-care firm back into private hands…

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