Business

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...

The European Central Bank is expected to hike interest rates next week, becoming the first of the biggest central banks to do so since the Iran war unleashed an energy crisis that is stoking inflationary pressures in the euro zone....

Euro zone private sector activity shrank at the fastest rate in 18 months in May as waning demand for goods and services — a key gauge of economic health — dragged output lower for a second month while cost pressures...