UK launches new rules for listings in bid to boost growth for London's stock exchange
The U.K.'s Financial Conduct Authority announced Thursday new rules for the country's stock market listings in a bid to boost growth following a slow down in IPOs.
Sophie Kiderlin in asian news
Apple reaches deal with EU regulators to open up mobile payments system to rivals
EU antitrust regulators on Thursday accepted commitments from Apple to allow access to its tap and go payments technology to rivals, bringing an end to a four-year investigation.
Rivian investment a ‘catch-up move’ for Volkswagen that could take years to pay off, advisory firm says
Volkswagen's $5 billion investment in electrical vehicle startup Rivian is a "catch-up move" for the German automaker, but could take years to pay off, according to Cyrus Mewawalla, head of thematic intelligence at GlobalData.
European stocks hit session lows, extending negative sentiment; tech firms climb
LONDON — European stocks fell on Wednesday, extending negative sentiment seen in the previous trading session.
German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs
German airline company Lufthansa Group said Tuesday it would add an "environmental cost surcharge" to ticket prices as soon as this week, which could be as high as 72 euros ($77) for some flights.
These are the world’s best airlines according to Skytrax — including a new No. 1
Singapore Airlines is no longer the best airline in the world as Qatar Airways now holds the top spot, according to air transport rating firm Skytrax.
Airbus shares fall 12% as company cuts 2024 guidance on targets, deliveries
Shares in Airbus fell by close to 12% on Tuesday after the company said it was cutting its targets for 2024, including aircraft deliveries and earnings.
French IT firm Atos falls 12%, faces major share dilution after selecting rescue deal
Shares in beleaguered French IT company Atos fell around 12% on Tuesday after the firm said it had chosen a rescue deal, which is set to result in a major dilution of existing shareholders.