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Why UK bank launch is taking so long
Key PointsRevolut was granted a banking license with restrictions in July 2024 from the U.K.'s Prudential Regulation Authority (PRA).A year on, the fintech giant is still in a…
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European stocks STOXX 600, FTSE 100, DAX and CAC 40 set to open higher as
L'Oreal warns the EU-U.S. trade deal would be costlyL'Oreal missed second-quarter sales forecasts, posting a 2.4% increase, as growth in Europe slowed more than expected. The…
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Australia CPI, MAS policy statement
Opening callsHappy mid-week from Singapore. Asia markets are poised for a lower open.Futures for Hong Kong's Hang Seng Index stood at 25,344, pointing to a weaker open compared…
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Merck (MRK) earnings report Q2 2025
Merck & Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, April 8, 2025. Michael Nagle | Bloomberg | Getty ImagesMerck on Tuesday…
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Novo Nordisk shares plunge after Wegovy-maker cuts full-year guidance
Medical bottles and a syringe are seen with the Novo Nordisk logo displayed on a screen in the background.Nurphoto | Nurphoto | Getty ImagesDanish pharmaceutical giant Novo…
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Asia markets live: Federal Reserve, Australia CPI
India overtakes China in smartphone exports to the U.S. as manufacturing jumps 240%, report showsIndia has overtaken China to become the top exporter of smartphones to the U.S.,…
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Ray-Ban Meta smart glasses revenue tripled over the year
Ray-Ban Meta smart glasses on display in the window of a Ray Ban store in London, UK, on Friday, July 19, 2024. Bloomberg | Bloomberg | Getty ImagesRevenue from sales of Ray-Ban…
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Global baseline tariff will likely be 15% to 20%
President Donald Trump said Monday that he will likely implement a blanket tariff between 15% and 20% on imports to the United States from countries that have not negotiated…
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What the U.S.-EU trade deal means for the auto sector
A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany.Florian Wiegand | Getty Images News | Getty ImagesU.S. President…
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Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung
A Samsung flag flies outside the company office in Seoul, South Korea on February 05, 2024. Chung Sung-jun | Getty Images News | Getty ImagesSamsung Electronics has entered into…
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