Brewers are among European companies setting backup plans if Russia further throttles supplies to Europe! European beer drinkers may find the latest impact from the continent’s strained natural-gas supplies hard to swallow. Europe’s
Intel Corp. has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc. The deal is to jointly finance its massive factory expansion ambitions, signaling some big investors are upbeat about
Bank Australia has announced that it will no longer supply loans for ICE vehicles by 2025. The bank will continue to offer loans for used ICE vehicles until more affordable electric offerings become
Saudi Arabia’s sovereign-wealth fund has invested $7.5 billion in blue-chip American companies from Amazon.com Inc. to JPMorgan Chase & Co. As the kingdom deploys windfall revenue from high oil prices to diversify its
New data survey suggest that the euro-zone economy is shrinking! Weak European business surveys released Wednesday provided fresh evidence that a much-anticipated euro-zone economic contraction is underway. The closely-watched euro zone composite ‘Purchasing
Twitter stock dipped today! following reports of a whistle blower complaint about security issues, as the legal battle over Elon Musk’s stalled $44 billion takeover of the social-media company rumbles on. Shortly after
The latest price spike came in response to Russia’s plans to shut down one of Europe’s main fuel arteries for a few days at the end of the month. The shutdown announced Friday
Qualcomm Inc is considering a return to the server market with a new chip! In a new bid to decrease its reliance on smartphones, Bloomberg News reported. Shares of Qualcomm rose nearly 3%
Ericsson is being sued by hundreds of US citizens! They claim that the company’s alleged payment of bribes to al Qaeda and Islamic State protection money meant to let it operate in Iraq
The euro slid back below parity with the U.S. dollar Monday, a clear sign of the diverging fortunes of the European and U.S. economies currently The euro fell as low as $0.9992 before
