SoftBank-backed Greensill Capital reportedly files for insolvency
SoftBank-backed Greensill Capital has filed for administration, according to a report from the Financial Times.
CNBC Europe
Amazon-backed Deliveroo reveals it lost $309 million in 2020 ahead of IPO
Deliveroo, the Amazon-backed food delivery service, has revealed that it recorded a loss of £223.7 million ($309 million) last year in plans to IPO in London.
The cost of mining for cryptocash
Bitcoin and ethereum have been on record runs higher in 2021, but mining for cryptocash is getting more expensive.
London Stock Exchange boss sounds the alarm on SPAC 'froth'
Excess in U.S. SPACs "could end poorly" for investors, the CEO of London's stock exchange told reporters Friday.
A sand shortage? The world is running out of a crucial — but under-appreciated — commodity
The world is facing a shortage of sand — and climate scientists say it constitutes one of the greatest sustainability challenges of the 21st century.
New, energy-efficient trains are coming to the world's oldest metro system
The Piccadilly Line trains will replace rolling stock from the 1970s.
Europe facing 'uphill battle' with Covid vaccines as Italy blocks AstraZeneca shipment
Europe's coronavirus vaccine rollout has been thrust into the spotlight again after Italy blocked a shipment of Oxford-AstraZeneca vaccines to Australia.
Airlines are changing their flight destinations after the devastating shock of Covid
Airlines in Europe are looking at sunshine and beaches as their route to making money again.
Italy blocks shipment of AstraZeneca Covid vaccine destined for Australia
The European Commission, the institution leading the purchase agreements, has been blamed for not securing enough vaccines.
In the UK, scientists are using drones to pick the best spots for tidal power installations
There is excitement around the potential of tidal power, but work needs to be done to ramp up capacity.
European Union begins review of Russia's Sputnik Covid vaccine
The EMA is using a rolling review to study the data for the jab developed in Russia.
EU threatens legal action against the UK — again — over Northern Ireland deal
The EU is threatening new legal action against the U.K. over differences on their post-Brexit arrangements.
SoftBank-backed Greensill Capital is reportedly preparing to file for insolvency
Greensill Capital is preparing to file for insolvency in the U.K., according to a report from The Financial Times on Wednesday.
ECB could tweak its pandemic stimulus as bond yields surge, Germany's Weidmann says
The European Central Bank could tweak its coronavirus-related stimulus program, Germany's central bank governor told CNBC Wednesday, with officials wary of recent increases in bond yields.
Volvo says it will be 'fully electric' by 2030 and move car sales online
Volvo Cars becomes the latest firm to detail plans for a future centered around electric mobility.
Saudi Arabia and Russia are at loggerheads again, but OPEC meeting 'unlikely to ruin the oil party'
Analysts broadly expect OPEC+ to hike output from current levels, but questions remain over how much exactly and which countries will be affected.
Be wary of social media trading tips, European regulator warns
European regulators have warned retail investors against participating in financial markets "purely" based on information they gather from social media.
Asia is playing 'catch up' to Europe in the electric vehicle market, says Fitch analyst
Asia is falling behind because European governments are taking strong measures to boost growth in the electric vehicle sector, says Anna-Marie Baisden from Fitch Solutions.
Major offshore wind farm using 187-meter high turbines starts to produce power
The U.K. is a world leader in the offshore wind sector.
Fintech firm Klarna is raising $1 billion at a $31 billion valuation, sources say
Klarna is one of the world's largest providers of "buy now, pay later" services.
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