Will TikTok shut down in the US this weekend? Official says app’s fate will be left to Trump
Outgoing US President Joe Biden last April signed a law requiring ByteDance to sell its US assets by January 19 or face a nationwide ban. Read More
European markets near an all-time high ahead of earnings season
European stock markets continued their climb, with the DAX repeatedly reaching new highs this week. Performance was driven by expectations of loosening monetary policy and strong corporate quarterly earnings. Read…
SpaceX’s Starship explodes during test launch minutes after rocket booster successfully caught
Elon Musk’s company said Starship broke apart, what it called a “rapid unscheduled disassembly”. Read More
American Express agrees million-dollar deal to settle sales and marketing probe
The New York-based financial giant provided inaccurate tax advice to customers and potential customers on wire products mainly aimed at small and mid-size businesses, New York tax officials said. Read…
European equities surge to 24-year highs, DAX sets new record
European stock markets continued their rally on Friday, with large-cap indices reaching levels unseen in over two decades. Read More
Scientists find obese children diagnosed with cancer face worse health outcomes
In two cancerous conditions, obesity was strongly linked to poorer outcomes such as relapse or death. Read More
European luxury stocks rally as Richemont posts record quarterly sales
Richemont reported strong quarterly results, driven by festival sales, despite ongoing weak demand in China. The robust earnings lifted rival share prices, buoying the European luxury sector on Thursday. Read…
New GDPR complaints against Chinese Big Tech question use of European citizens’ data
Online privacy NGO noyb has filed GDPR complaints against TikTok, AliExpress, SHEIN, Temu, WeChat and Xiaomi for illegal transfer of Europeans’ data to China. Read More
CEO earnings in Europe’s top 100 companies: How much do they make?
CEOs earn 110 times more than the average worker in Europe. Euronews Business takes a closer look at how much CEOs earn, comparing their pay to average annual salaries across…
Developing economies have greater challenges ahead, warns World Bank
Weak investment and climate change threaten growth in developing economies after a period of strong expansion. Read More