Business

The European Central Bank raised interest rates for the first time in nearly three years on Thursday in the hope of curbing inflation before a surge in energy costs triggered by the Iran war spreads more broadly across the euro...

Deep in an underground bunker, where walls of screens stream live data from across the battlefield, the commander of Ukraine's drone forces is poring over terabytes of information to map out his next campaign: cutting Crimea off from Russia. Ukraine's...

Germany's construction sector has not yet emerged from its downturn, with a tentative recovery being hit by a new geopolitical price shock, the head of its main industry association said on Thursday. Marcus Nachbauer, chairman of the Bundesvereinigung Bauwirtschaft, said...

Shares in Hugo Boss rose about 7% on Thursday after Britain’s Frasers Group launched a $2.3 billion takeover offer for the German fashion brand. Frasers, already the largest shareholder of Hugo Boss with a stake of just over 26%, is...

The European Union agreed stronger measures to control prices in its new carbon market early on Thursday, responding to governments' concerns that the emissions-cutting initiative could increase fuel bills. Following negotiations that ran late into Wednesday night, EU countries and...

The leaders of Germany and France have agreed to scrap a landmark project to develop and build a new-generation fighter jet, officials said on Monday, bowing to industrial rivalries over Europe's most ambitious defence programme. German Chancellor Friedrich Merz and...

Bouygues Telecom, Orange and Free-iliad Group said on Saturday they have signed a memorandum of understanding with Altice France to buy telecoms operator SFR for €20.35 billion ($23.44 billion), including debt. If approved by regulators, the acquisition would rank among...

A longstanding political stalemate in the U.S. Congress over money for immigration enforcement ended on Tuesday, when the Republican-controlled House of Representatives passed a $70 billion bill to fund U.S. Immigration and Customs Enforcement and Border Patrol through the remainder...

Nvidia's entry into the AI PC market with its RTX Spark superchip last week is less a breakthrough for regular users than a high-stakes bet that a largely unproven concept can find wider appeal, analysts said. At the Computex trade...

Bitcoin is heading for its worst performance for this point in the year in at least a decade, as booming AI stocks and a series of glittering upcoming new listings such as SpaceX lure away capital from the world's largest...