Adidas reports 150% sales hike in China despite local boycott over human rights
Adidas said sales in China grew by 156% over the first three months of the year, despite a boycott by consumers in mainland China.
CNBC Europe
France's debt pile is surprisingly high — but experts aren't worried
The second largest euro area economy predicts that its public debt ratio is likely to stand at 117.8% in 2021, and to fall only slightly to 116.3% in 2022.
Bank of England governor warns inflation will be 'a bit bumpy' this year, but no cause for alarm
On inflation, the BOE said it expects the consumer prices index to temporarily climb above its 2% target toward the end of this year.
Russia authorizes use of 'Sputnik Light,' a one-shot Covid vaccine it says is 79% effective
The Russian Direct Investment Fund said the one-shot "Sputnik Light" Covid vaccine had an efficacy rate of 79.4% and would cost less than $10 a dose.
Bank of England sees UK growth surging over 7% this year on Covid vaccine rollout
The brighter economic forecast comes as the country gradually emerges from lockdown and more people are vaccinated against Covid-19.
France and Britain deploy navy patrol boats to Jersey in dispute over fishing rights
Tensions between France and the U.K. are growing over fishing rights.
EU is 'ready' to talk about waiving patent protections on Covid vaccines, after U.S. backs move
The EU is ready to discuss the waiving of intellectual property rights for Covid-19 vaccines, after the US said it supports the initiative.
Nio plans to start delivering cars to Norway in September
Chinese electric car start-up Nio announced it plans to begin deliveries in Norway in September, for the company's first entry into a market outside China.
Societe Generale cites 'remarkable' equity trading activity as it smashes expectations in the first quarter
The French bank reported strong performance across its trading divisions.
UK votes in elections that could expose divides and strengthen a push for Scottish independence
Tensions and old enmities between the four nations of the U.K. could be exposed in several key votes Thursday.
DeepMind extends hunt for the world’s best A.I. researchers to Toronto
The company posted a job ad for a research scientist in Toronto on its website last week and confirmed that it plans to build a small team in the city.
EU announces new powers to restrict takeover bids by foreign entities
The EU wants to step up its rulebook so it can restrict foreign-backed firms from engaging in the European market, a longstanding debate in the bloc.
India foreign minister self-isolating after Covid scare at UK's in-person G-7 summit
India's foreign minister met in person with U.K. Home Secretary Priti Patel on Tuesday and U.S. Secretary of State Antony Blinken on Monday.
Canceling dinner reservations could now have 'devastating' effects for a restaurant
As countries come out of lockdown, pub and restaurant owners have a simple plea for punters: honor your bookings.
Uber rival Bolt launches car-sharing service in Europe
Bolt has launched a car-sharing service in Europe as it looks to diversify its revenue streams and compete with Uber.
Ola hires ex-Jaguar and Aston Martin designer to work on electric vehicles
Ola, an Indian competitor to Uber that makes its own electric vehicles, has hired Jaguar Land Rover veteran Wayne Burgess as its head of vehicle design.
Big bank exits and fintech upstarts: Ireland's banking landscape is undergoing drastic change
Digital banking and the arrival of fintech rivals have shifted the dynamics of the Irish banking market.
EU says Apple’s App Store breaks competition rules after Spotify complaint
Apple has "abused its dominant position" in the distribution of music streaming apps, the European Commission said.
Europe's antitrust crackdown on Apple hints at what's coming for the company in the U.S.
The European Commission announced Friday a preliminary finding that Apple had abused its dominant market position.
Lockdowns are lifting, but VCs remain bullish on food delivery start-ups
Venture capitalists are continuing to invest in food delivery start-ups, even though the margins are often small. Taster is the latest start-up to raise money.
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