The mass manufacture of huge tidal turbines could be one step closer after firm seals funding
The money will be used to support Nova Innovation's Volume Manufacturing and Logistics for Tidal Energy project.
CNBC Europe
Two-year-old events start-up Hopin boomed in the pandemic. Now it's a $7.75 billion business
Virtual events start-up Hopin had only eight employees in March 2020; its headcount now stands at 800.
Adidas raises outlook despite falling sales in China as boycott there continues
The German sportswear giant increased its outlook for the year, despite a drop in sales in Greater China.
Amazon plans to cut waste following backlash over the destruction of unused products
Amazon has launched two programs as part of an effort to give products a second life when they get returned to businesses that sell items on its platform.
Why Nvidia’s $40 billion bid for Arm could be in jeopardy
Nvidia's $40 billion bid to buy U.K.-based chip designer Arm from Japan's SoftBank has started to look increasingly uncertain.
Germany’s Commerzbank reports second-quarter loss as restructuring, write-off charges bite
Commerzbank on Wednesday reported a net second-quarter loss due to restructuring costs and an exceptional write-off to an outsourcing project.
An electric jet start-up just signed a $1 billion deal with a commercial airliner
Lilium, a German start-up making electric jets that can take off and land vertically, has announced plans to sell 220 aircraft to Brazilian airliner Azul.
Consortium prepares bid to buy the UK’s biggest chip plant back off Chinese-owned Nexperia
A consortium is raising money to fund a potential bid for Newport Wafer Fab, according to a person familiar with the situation.
Bolt valued at $4.75 billion as Uber rival aims to push into on-demand grocery delivery
Estonian ride-hailing start-up Bolt has raised $713 million in fresh funding to push into the rapidly growing online grocery delivery industry.
Chip plant says it has not heard anything from UK government on national security probe
The U.K. government has not informed Newport Wafer Fab that its sale to Nexperia is under investigation, according to two sources close to the company.
Inflation pressure to test Bank of England's patience at key meeting, economists warn
Economists broadly expect the Bank of England's Monetary Policy Committee to raise its inflation forecasts on Thursday after two straight months of overshoots.
France's Societe Generale beats profit forecast in second quarter as retail banking returns
Societe Generale has beaten expectations in the second quarter due to a bounce back in retail banking and fewer loan defaults.
Oil giant BP ups dividend and confirms share buybacks as it posts better-than-expected quarterly profit
Oil and gas giant BP beat second-quarter earnings expectations on Tuesday, while expanding its dividend and share buyback program.
Economists fear Europe's recovery could be derailed by one key issue
Consumers are proving more reluctant to spend money and experts are worried about what this means for the economic recovery.
Ireland turns to vaccine passes to fully reopen its hospitality industry
Ireland's tourism and hospitality trade has been dealing with stop-and-starts on reopening throughout the Covid-19 pandemic.
HSBC’s reported pre-tax profit more than doubles to $10.8 billion in first half of 2021
HSBC shares in Hong Kong jumped more than 3% following earnings release.
A huge movie studio is set to be built in the UK for the likes of Amazon and Netflix
A vast movie studio is set to be built just outside London as part of an effort to tempt the likes of Amazon and Netflix to make more blockbusters in the U.K.
Hydrogen produced using renewables will be able to travel through existing gas pipelines, Snam CEO says
Marco Alverà made his remarks during an interview with "Squawk Box Europe".
Amazon hit with $887 million fine by European privacy watchdog
The fine, disclosed by Amazon on Friday in a securities filing, was issued two weeks ago by Luxembourg's privacy regulator.
Elon Musk's brain computer start-up raises $205 million from Google Ventures and others
Neuralink has raised $205 million from investors including Google Ventures, Peter Thiel's Founders Fund, and OpenAI CEO Sam Altman.
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