Chip designer Arm's shares drop after lackluster revenue guidance
Shares of Arm fell Thursday as lackluster revenue guidance from the firm clouded a positive sales quarter driven by AI demand.
CNBC Europe
Bank of England holds rates, stresses June cut depends on coming data
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.
A rare hostile takeover bid in Europe's banking sector has shocked markets
Spanish bank BBVA caught markets by surprise after it announced a rare hostile takeover bid for domestic rival Banco Sabadell.
Amid pomp and propaganda, Russia holds Victory Day military parade as war rumbles on
Russia kicked off its 79th "Victory Day" military parade on Thursday as the war with Ukraine rumbles on into a third year.
Bank of England set to hold rates as Europe's central banks diverge from Fed
Investors are set to focus on the MPC vote split, inflation outlook and Governor Andrew Bailey's comments on Thursday.
AstraZeneca to withdraw Covid vaccine worldwide, citing a drop in demand
Pharmaceutical giant AstraZeneca on Wednesday said it planned to withdraw its Covid-19 vaccine as demand for it has declined.
Siemens Energy shares jump 13% after guidance raise and leadership change at embattled wind turbine unit
The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid "comprehensive restructuring measures."
Beer giant AB InBev beats profit estimates, with Bud Light boycott set to ease one year on
Analysts at Barclays said the company had passed its hardest quarter "with little to no bruises."
London's elite Garrick Club votes to allow women for the first time
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.
U.S. automakers like GM are rapidly losing ground in China, once an engine for growth
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.
UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover
It is the Swiss banking giant's first earnings report in the black since it completed the acquisition of fallen rival Credit Suisse.
Wegovy maker Novo Nordisk extends losses following first-quarter results
Analysts pored over the details in its first-quarter results and monitored a potential rival weight loss treatment.
Britain's ruling Conservatives hit with another local defeat as general election nears
The votes are likely to be the last major political test for U.K. leader Rishi Sunak's Conservative Party ahead of a general election later this year.
Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.
World's largest olive oil producer says the industry faces one of its toughest moments ever
Spain's Deoleo says the industry must undergo a "profound transformation" as it grapples with one of the most challenging moments in its history.
Oil giant Shell beats first-quarter profit estimates, launches $3.5 billion share buyback
British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading.
'Liquid gold': An olive oil shortage is fueling record prices and food insecurity fears
A shortage of olive oil has driven prices to record highs, fueled a crime surge and pushed the industry into crisis mode.
Police use tear gas, water cannons and stun grenades on 'foreign agent' bill protesters in Georgia's capital
Tear gas, stun grenades and water cannons were used by riot police against protesters of Georgia's controversial "foreign agent" bill in its capital Tbilisi.
Luxury carmaker Aston Martin slumps 6% as losses nearly double
Adjusted loss before tax was £110.5 million ($137.8 million) compared to a loss of £57.3 million the previous year.
Europe may need to impose tariffs of up to 55% to curb Chinese EV imports, research says
A new report says Brussels would need to levy higher than expected tariffs of around 50% on Chinese electric vehicles to dissuade their export into the bloc.
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