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SpaceX starts trading after the largest public offering in history

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Remy Cointreau posts 35% profit drop, shares jump on recovery hopes

French drinks group Remy Cointreau reported a 35% drop in full-year net profit on Thursday as tariffs slammed sales in its key China and US markets. Despite this, shares soared more than 10% on Thursday morning.

Business

EasyJet shares rally as Castlelake weighs possible takeover offer

The budget airline's stock rose more than 12% after Castlelake said it was considering a possible offer. Prior to the rally, easyJet shares had fallen by around 23% over the past year against a backdrop of higher fuel costs and uncertainty linked to tensions in the Middle East.

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Meta wants Instagram and Facebook subscribers to foot its AI bill

Meta on Wednesday launched paid subscription plans for its flagship apps, marking a major push by the tech giant to diversify beyond its long-standing reliance on advertising revenue.

Business

Nvidia shares dip despite 85% revenue surge and strong outlook

The world's most valuable company beat forecasts as revenues jumped 85%. Yet rising competition and efforts to diversify beyond big tech left investors cautious, sending shares lower in late trading.

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Markets

SpaceX IPO countdown to what could be the biggest ever listing

SpaceX plans a record-breaking IPO that could raise around $75 billion (€64.5bn) despite ongoing losses. The Elon Musk-led firm says funds will support Moon and Mars missions, while strong Starlink earnings contrast with losses in X and xAI.

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European stocks rally, oil falls on hopes of US-Iran breakthrough

Some of Europe’s leading stock indices climbed more than 3% on Wednesday, while oil prices retreated as hopes for a diplomatic breakthrough in the Iran conflict boosted market sentiment.

Business

Mega elevator deal: Finland's KONE buys German rival TKE for €29.4bn

Finnish lift maker Kone nearly doubles its size in what the Finnish media described as the largest corporate acquisition ever carried out in Finland.

Business

Unilever and McCormick near mega deal to create a food giant

Unilever said Tuesday it had agreed a multibillion-dollar deal with US spices maker McCormick & Company to spin off most of the British group's food business, which is currently valued at $44.8bn (€38.95bn).

Markets

Markets rally, oil prices fall as Trump signals Iran talks

Oil prices fell more than 4% and European shares gained on Wednesday on the possibility of a de-escalation in the Iran war.

Business

Nvidia forecasts $1tn in AI-driven orders by 2027

Chief executive Jensen Huang says surging demand for artificial intelligence tools could drive Nvidia’s sales towards $1tn within two years.

Markets

European markets show mixed sentiment as oil prices climb further

European stock markets lost their enthusiasm by the early afternoon following a positive trend in the first half of the trading lead by strong performances in Asia. Meanwhile, oil prices are rising further.

Markets

Danone, Nestlé shares continue to slide after baby formula warnings

The companies have warned parents to stop using specific batches of formula over concerns they contain the toxin cereulide.

Markets

Markets rally and safe havens fall as Trump touts Greenland deal

Global markets rebounded after the US president shifted his stance on the Arctic island, claiming that a deal is in the works.

Markets

European markets drop, gold rises as Greenland tariff threat looms

The US is threatening to impose tariffs on eight European countries unless they support his plans to acquire Greenland. EU leaders are contemplating potential retaliatory measures — reiterating their support for territorial integrity.

Markets

Shares in Germany’s Thyssenkrupp slide as it forecasts heavy losses

Thyssenkrupp is entangled in a restructuring process as it seeks to shore up its finances, hit by high energy costs and cheap competition.

Markets

Germany's Bayer sees shares pop as US government endorses legal appeal

The biotech giant is facing over 67,000 US lawsuits over allegations that its Roundup weedkiller causes cancer — a claim Bayer denies.