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Indrabati Lahiri

Business

US bans Qualcomm and Intel from exporting some chips to China

The move would primarily impact Huawei, a major Chinese smartphone and laptop manufacturer, which is suspected of having ties to the Chinese government and military.

Economy

UK property listings soar - are buyers being put off by high rates?

Buyers and renters alike have been plagued with higher living costs, interest rates and economic uncertainty in the last few months, leading to dampened demand in the UK housing market.

Economy

What are European businesses expecting from the EU elections?

EU businesses have many demands for the new government. Most of all, they want a powerful and resolute message: Europe is open for business and its brightest days are yet to come.

Business

Munich Re stock rises as company cheers investors with latest earnings

A stronger operational performance and less major-loss expenses than previously thought contributed to Munich Re's latest financial results.

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Business

Royal Mail would-be buyer looks to takeover French tech company

The Czech billionaire argues his offer for Atos will provide quick capital and a robust direction for the company.

Economy

No longer hot air? Will the EU finally sanction Russia's LNG sector?

Such a move could lead to a crack down on the re-export of Russian LNG from EU countries, but is unlikely to address EU imports of it. That could remain a sore point.

Business

Heineken to refresh hundreds of UK pubs and bring others back to life

The move comes as pressures caused by the cost of living crisis in the UK have eased and more people are finding their way back to the pub.

Business

Spanish defence firm Indra sees first quarter profits surge 40%

The company also saw good progress in implementing its strategic plan, as well as increased growth in its key defence and Minsait branches.

Business

Thousands of London cab drivers set to sue Uber for £250 million

Recently, Uber has been sued in a number of places, including Paris and in Australia by local cab drivers who say that Uber has led to them losing income.

Business

Gazprom sees worst loss in decades as European exports falter

Apart from falling European exports, Gazprom has also been hit by stabilising natural gas prices following the Russia-Ukraine war.

Business

Flutter takes a punt on move from London to New York listing

Flutter Entertainment is the latest of several UK and European companies planning to gamble on a brighter future on Wall Street.

Business

OECD economic outlook: Steady global growth expected for 2024 and 2025

The OECD has released its latest economic outlook and said it expects steady global growth in 2024 and 2025.

Economy

What is the 30:30:30:10 rule and how should you use it?

The 30:30:30:10 rule can be applied to both income and pension planning and can go a long way in helping you budget, achieve retirement goals and reduce portfolio risk.

Business

Boost for Adidas profits as Sunak puts his foot in Samba trainers

UK Prime Minister Rishi Sunak was widely teased for wearing the Adidas Samba trainers during an interview, with critics claiming he had made the trainer seem uncool.

Business

Lufthansa sees losses extend in Q1 weighed down by strikes

Despite a disappointing first quarter, the airline expects a record summer boosted by leisure as well as business travellers, leading to more plans to expand the company’s long-haul routes.

Business

Volkswagen Group sees Q1 earnings plummet as car sales stall

Mercedes-Benz also saw falling profits, as expected, due to changes in models and supply chain issues, while Stellantis also missed earnings expectations due to a poor product mix.

Economy

Looking forward to a relaxing retirement? Then start saving fast

More than one third of Europeans are still not saving enough for retirement, with about 40% saying that the current economic climate had eroded their pension contributions.

Economy

Spanish inflation hits three-month high on gas and food prices

German inflation, on the other hand, remained at almost three-year lows, as services inflation slowed further.

Business

TotalEnergies sees first quarter earnings drop on lower gas prices

Declining natural gas revenues dampened the company’s performance in the first quarter of 2024, with earnings down 22%, however its resilient oil business helped cap losses.

Economy

Why unemployment in Spain is rising and what's being done to cap it?

The abundance of temporary contracts, as well as low productivity, have both contributed to unemployment levels spiking in the first quarter of the year.

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