British fintech Revolut tops $1 billion in profit as revenue jumps 72%
Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year.
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International tourism to the U.S. slumps, but Americans can't stop traveling overseas
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United Airlines and Delta Air Lines say international and premium travel is robust while domestic coach-class travel and some corporate travel has slowed.
BP shares whipsaw as activist investor Elliott discloses stake build
BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major.
International tourists to the U.S. slump, but Americans can't stop traveling overseas
United Airlines and Delta Air Lines say international and premium travel is robust while domestic coach-class travel and some corporate travel has slowed.
EU hits Apple and Meta with nearly $800 million in fines amid U.S. trade tensions
The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc's digital competition laws.
BP shares jump as activist investor Elliott discloses stake build
BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major.
European Union hits Apple and Meta with nearly $800 million in fines amid U.S. trade tensions
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The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc's digital competition laws.
European Central Bank’s Lagarde weighs in on Trump's criticism of Fed's Powell
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The ECB last week cut interest rates by a further 25 basis points and warned of a "deteriorated" growth outlook linked to tariff tensions.
Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules
The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc's digital competition laws.
Software giant SAP’s shares surge 10% after first-quarter profit beat
SAP announced Wednesday that its first-quarter operating profit had risen by 58% year-on-year to hit 2.5 billion euros ($2.9 billion).
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