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Copenhagen stock market falls as Novo Nordisk shares drop after quarterly report
Business News

Copenhagen stock market falls as Novo Nordisk shares drop after quarterly report

The European stock markets are green - except in Denmark. Novo Nordisk's quarterly report is weighing on the Copenhagen Stock Exchange
SpaceX reports $541 million loss as AI investments surge after New York IPO
Business News

SpaceX reports $541 million loss as AI investments surge after New York IPO

SpaceX beats expectations in its first quarterly report since its New York IPO. The company is making huge - and costly - investments in AI
South Korean stocks surge as AI chip giants Samsung and Hynix rebound
Business News

South Korean stocks surge as AI chip giants Samsung and Hynix rebound

The turbulence on the Seoul Stock Exchange continues. The trading week ended with a historic 18 percent gain
EU fines Google €890 million for favoring its own services in search results
Business News

EU fines Google €890 million for favoring its own services in search results

Search giant Google is facing an EU fine totaling 890 million euros, equivalent to almost 10 billion Swedish kronor. According to the European Commission, Google favors its own services and thereby violates the EU's Digital Markets Act
STMicroelectronics shares fall 15% after weaker-than-expected revenue forecast
Business News

STMicroelectronics shares fall 15% after weaker-than-expected revenue forecast

Geneva-based Franco-Italian semiconductor manufacturer STMicroelectronics is expecting an AI boost in the third quarter, which ends in September.
Bloomberg error briefly wiped about SEK 19 billion off Nordea’s market value
Business News

Bloomberg error briefly wiped about SEK 19 billion off Nordea’s market value

Incorrect reports can cause billions of dollars in losses on the stock market - something that happened when the news agency Bloomberg got Nordea's figures wrong. If there is an incorrect flash, there can be quite large price effects, especially in a somewhat thin summer market, says Lars Söderfjäll, head of equities at the Bank of Åland, to TT
Tesla reports weaker-than-expected profit, shares fall in after-hours trading
Business News

Tesla reports weaker-than-expected profit, shares fall in after-hours trading

Electric car maker Tesla's quarterly report showed lower-than-expected profits. The stock fell in after-hours trading on Wall Street
Hong Kong Stock Exchange considers evening trading and shorter lunch break
Business News

Hong Kong Stock Exchange considers evening trading and shorter lunch break

Hong Kong Stock Exchange operator HKEX is considering expanding its opening hours. Among other things, it is proposed to eliminate lunch breaks and add stock trading in the evening, Bloomberg reports, citing sources
Ryanair reports larger-than-expected 34% drop in quarterly profit
Business News

Ryanair reports larger-than-expected 34% drop in quarterly profit

Irish low-cost airline Ryanair reports a net profit of 538 million euros for the first quarter of the company's financial year, which ended in June.
OpenAI developing screen-free AI companion that can control smart devices, report says
Business News

OpenAI developing screen-free AI companion that can control smart devices, report says

OpenAI is developing a portable, screen-free smart speaker intended to be a new kind of computer for the AI era, Bloomberg reports, citing sources.
Samsung explores Wall Street listing after SK Hynix’s New York debut, Bloomberg says
Business News

Samsung explores Wall Street listing after SK Hynix’s New York debut, Bloomberg says

South Korean technology giant Samsung Electronics has begun exploring the possibility of listing a depositary receipt on Wall Street, Bloomberg reports, citing sources.
DeepSeek founder Liang Wenfeng becomes world’s richest AI founder
Business News

DeepSeek founder Liang Wenfeng becomes world’s richest AI founder

A 41-year-old Chinese man has become the world's richest AI founder.
Adnoc offers oil deliveries outside Strait of Hormuz to reduce shipping risk
Business News

Adnoc offers oil deliveries outside Strait of Hormuz to reduce shipping risk

The United Arab Emirates' state-owned Abu Dhabi National Oil Co (Adnoc) is offering refinery customers with long-term supply contracts the option of having oil delivered ship-to-ship outside the Strait of Hormuz.
Qatar pauses restart of major gas plant after tanker attack
Business News

Qatar pauses restart of major gas plant after tanker attack

Qatar is pausing efforts to rapidly increase fossil gas production at the Ras Laffan complex, the country's largest gas facility and the largest of its kind in the world. The decision follows a series of emergency meetings after a tanker carrying Qatari gas was hit by Iranian shelling on Tuesday
Ukraine says 25 Russian ships hit near Crimea in four days
World News

Ukraine says 25 Russian ships hit near Crimea in four days

At least 25 Russian ships have been hit in Ukrainian attacks near the Crimean peninsula in the past four days, the commander of Ukraine's drone force said, according to the BBC.
Eurozone retail sales rise less than expected in May
Business News

Eurozone retail sales rise less than expected in May

Retail sales in the eurozone rose by 0. 2 percent in May compared with the previous month, according to monthly statistics from the statistical office Eurostat
German factory orders rise more than expected in May
Business News

German factory orders rise more than expected in May

Orders received by German factories increased more than expected in May, according to recent figures from the German Ministry of Economy.
Israel weighs Wall Street listings for defense giants IAI and Rafael
Business News

Israel weighs Wall Street listings for defense giants IAI and Rafael

Israel is considering listing two state-controlled arms manufacturers on Wall Street: Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems.
US stock market booms, Apple plummets
Business News

US stock market booms, Apple plummets

Major U. S
The price of oil shipping is nine times higher
Business News

The price of oil shipping is nine times higher

There is a shortage of empty oil tankers available around the Persian Gulf. India has now booked one at nine times the normal price
Indonesia's central bank raises key interest rate for third time in a month to 5.75 percent
Business News

Indonesia's central bank raises key interest rate for third time in a month to 5.75 percent

Indonesia's central bank is raising its key interest rate. For residents, this is the third interest-rate increase in a month
Fed leaves interest rates unchanged, board disagrees on future outlook
Business News

Fed leaves interest rates unchanged, board disagrees on future outlook

The US Federal Reserve (Fed) - with new head Kevin Warsh at the helm - has, as expected, left US interest rates in the range of 3. 50–3
Lost nine million after Spain's 0-0 draw
Business News

Lost nine million after Spain's 0-0 draw

Draft agreement leaked - Iran to receive at least $300 billion
World News

Draft agreement leaked - Iran to receive at least $300 billion

Iran's oil exports will resume and a plan will be created to enable the country's economic development, according to a draft agreement between Iran and the United States seen by media outlets.
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