Jurgen Klopp, Manager of Liverpool celebrates with the Champions League Trophy after winning the UEFA Champions League Final between Tottenham Hotspur and Liverpool at Estadio Wanda Metropolitano on June 01, 2019 in Madrid, Spain. Michael Regan/Getty Images Jürgen Klopp will unexpectedly step down as Liverpool soccer team manager at the end of this season, the club … Read more
The European Central Bank on Thursday held interest rates unchanged, and reiterated it would keep them high for a “sufficiently long duration” to bring inflation to target. The central bank is holding steady for the third straight meeting, after hiking its deposit rate to 4% in September. It said that recent data had “broadly confirmed” … Read more
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images ASML, one of the most important semiconductor equipment … Read more
Roomba robot vacuums made by iRobot are displayed on a shelf at a Target store in San Rafael, California, on Aug. 05, 2022. Justin Sullivan | Getty Images Shares of iRobot plunged more than 33% in extended trading on Thursday after a report said the EU’s antitrust watchdog intends to block Amazon‘s planned acquisition of … Read more
An employee arranges a display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc’s biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours after Rolex SA decided to buy a … Read more
BP CEO Murray Auchincloss speaks at the panel dicscussion during the Abu Dhabi International Petroleum Exhibition and Conference held at ADNEC Exhibition Center on October 2, 2023. Ryan Lim | Afp | Getty Images LONDON — Oil and gas major BP appointed Murray Auchincloss as permanent CEO, the company said Wednesday. His appointment comes roughly … Read more
Andresr | E+ | Getty Images LONDON — U.K. inflation unexpectedly nudged upwards to 4% year-on-year in December, fueled by a rise in alcohol and tobacco prices. This was the first month in which the annual consumer price index has risen since February 2023. Economists polled by Reuters had expected a modest decline in the … Read more
The European Central Bank may defy market expectations and hold off on starting interest rate cuts during the whole of 2024, the institution’s Governing Council member Robert Holzmann said Monday. Asked about those who call for the first rate cut to take place as soon as April, Austria’s central bank governor told CNBC, “I’m afraid, … Read more
Greece has been struggling with forest fires that could not be controlled for 10 days on July 27, 2023 in Rhodes, Greece. Dia Images | Getty Images News | Getty Images Scientists on Tuesday confirmed 2023 as the hottest year on record and warned that the planet is now within touching distance of smashing through … Read more
Shoppers at delicatessen market stall in Milan, Italy, on Thursday, Dec. 28, 2023. Bloomberg | Bloomberg | Getty Images Headline inflation in the euro zone jumped to 2.9% in December, up from 2.4% the previous month, though core inflation continued to ease. The annual print was a little lower than the 3% forecast in a … Read more
