Europe markets lower, tech stocks down 3% following Wall Street declines; Volvo Cars down 4%

European stocks tumbled in Wednesday trade, following losses on Wall Street and in Asia-Pacific markets.   The pan-European Stoxx 600 index was 1% lower at 2 p.m. in London, with most sectors... Read more »

Japan’s next prime minister could be the youngest candidate in a crowded election for party leadership

Japan’s ruling Liberal Democratic Party is set to elect a new leader in September and, by extension, the country’s next prime minister.   With almost a dozen candidates set to enter the... Read more »

Gaza ceasefire talks paused with resumption planned next week

Gaza ceasefire talks in Doha paused on Friday with negotiators to meet again next week seeking an agreement to end fighting between Israel and Hamas and free remaining hostages, as U.S. President... Read more »

Chinese tech giant Tencent’s quarterly profit jumps 82% as key gaming unit accelerates

Tencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated.   Here’s how Tencent did in the June quarter against LSEG consensus estimates:   Revenue: 161.12... Read more »

Russia hates on the Olympic Games, relishing ‘scandals’ and controversy in Paris

Cast out of the Olympic Games as a pariah due to its ongoing war in Ukraine, Russia appears to be hell-bent on hating on the international sporting tournament in Paris.   After... Read more »

The popular ‘carry trade’ is unwinding — and economists fear Fed rate cuts could make matters worse

Rapid interest rate cuts from the Federal Reserve could make matters worse for the global “carry trade” unwind, according to economists at TS Lombard.   The warning comes as market participants seek... Read more »

Google parent Alphabet’s partnership with AI firm Anthropic under investigation in the UK

Britain’s competition regulator on Tuesday said it is investigating to see if Google parent Alphabet’s partnership with artificial intelligence startup Anthropic has resulted in reduced competition.   The Competition and Markets Authority... Read more »

Kamala Harris sees surge in big money support after Biden drops out of race

Vice President Kamala Harris is already seeing a wave of big money donor support following President Joe Biden dropping out of the race, with the help of bundlers who have assisted her... Read more »

‘A kind of civil war’: Divided France on alert for unrest amid political earthquake

“We’re scared of what might happen,” Amel, 34, told CNBC ahead of the final round of voting in France’s snap election this weekend.   The vote is being closely watched by all... Read more »

Tesla shareholders approve CEO Elon Musk’s $45bn pay package

Tesla shareholders have approved a $45bn (£35.3bn) pay deal for CEO Elon Musk, following a fiercely contested referendum on his leadership.   The result, announced on Thursday, comes as the billionaire tycoon... Read more »