UK economy emerges from recession with 0.6% growth in first quarter
CNBC » Europe Politics
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15h ago
The U.K. economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, beating expectations ..read more
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Bank of England holds rates, stresses June cut depends on coming data
CNBC » Europe Politics
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2d ago
The Bank of England held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal ..read more
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Chip designer Arm's shares plunge over 8% after lackluster revenue guidance
CNBC » Europe Politics
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2d ago
Shares of Arm fell over 8% in premarket trading on Thursday as lackluster revenue guidance from the firm clouded a positive sales quarter driven by AI demand ..read more
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Amid pomp and propaganda, Russia holds Victory Day military parade as war rumbles on
CNBC » Europe Politics
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2d ago
Russia kicked off its 79th "Victory Day" military parade on Thursday as the war with Ukraine rumbles on into a third year ..read more
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AstraZeneca to withdraw Covid vaccine worldwide, citing a drop in demand
CNBC » Europe Politics
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2d ago
Pharmaceutical giant AstraZeneca on Wednesday said it planned to withdraw its Covid-19 vaccine as demand for it has declined ..read more
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Beer giant AB InBev beats profit estimates, with Bud Light boycott set to ease one year on
CNBC » Europe Politics
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3d ago
Analysts at Barclays said the company had passed its hardest quarter "with little to no bruises ..read more
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London's elite Garrick Club votes to allow women for the first time
CNBC » Europe Politics
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3d ago
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 ..read more
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Siemens Energy changes leadership at embattled wind turbine unit
CNBC » Europe Politics
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3d ago
The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid "comprehensive restructuring measures ..read more
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U.S. automakers like GM are rapidly losing ground in China, once an engine for growth
CNBC » Europe Politics
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4d ago
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 ..read more
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Wegovy maker Novo Nordisk down 4%, heads for worst day since October
CNBC » Europe Politics
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1w ago
Analysts pored over the details in its first-quarter results and monitored a potential rival weight loss treatment ..read more
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