Container carriers are set to lose a special European Union antitrust exemption for alliances to lower cargo costs, in a shift the industry complained would create uncertainty for firms that move most of the $25 trillion in annual goods trade.
Adobe Inc. announced new versions of its generative artificial intelligence model, Firefly, promising higher-quality images and the ability to produce new types of media.
Slovakia’s election-winner Robert Fico secured a pledge from his preferred coalition partner to assemble a new government, opening a path for the pro-Russian populist to return to power.
European equities recorded their biggest gain since November 2022, boosted by an easing in the relentless pressure from higher bond yields and optimism over Chinese stimulus measures.
Germany is aiming to pass a far-reaching new migration law by the end of the year that would impose tougher measures on those seeking asylum in the European Union’s wealthiest country.
Germany’s federal government will have room to increase net borrowing by around €5 billion ($5.3 billion) next year due to a mechanism that permits additional new debt during an economic downturn.
Base metals sank as fresh fears over property turmoil in China gripped markets despite news that China may unleash another round of stimulus.
Birkenstock Holding Plc’s initial public offering is expected to price Tuesday after the trading day ends, the last of four big listings seen as pacesetters for US equity markets.
Zimbabweans are still not yet sold on the government’s latest attempts to get them to ditch their favorite currency: the US dollar.
Electronic market maker GTS is expanding its presence in foreign exchange through a deal with algorithmic trading firm HC Technologies.
