CEO Roy Jakobs told CNBC it was a “necessary intervention to help us to become competitive and lean.”

The global framework over sovereign debt financing needs to improve so that emerging market economies can get out of their debt problems faster, says Reza Baqir.

Renault has trimmed its interest in coalition ally Nissan stake as the automakers overhaul their decades-long union.

“Bookings are showing no signs of recession at this point in time,” Chief Financial Officer Neil Sorahan told Reuters.

TikTok is beginning to feel the sting of political and regulatory pressure in Europe, where the Chinese-owned app has evaded the scrutiny it’s faced in the U.S.

China’s consumption recovery from zero-Covid is getting off to a solid start – after a depressing fourth quarter.

Barclays has identified six London-listed stocks to buy, which it believes will benefit from fiscal credibility and reduced interest rate pressures.

Shares of Adani Group remained volatile as the group rebutted short seller firm Hindenburg’s accusations of embezzlement and fraud. Chinese stocks are headed for a bull market as traders return after a week-long New Year holiday.

European stocks are off to their strongest start in over 26 years, and analysts think there could be more upside ahead.

Goldman is bullish on a part of tech that’s now seeing “limited appetite.” It shares some top picks it expects will beat their peers when the economy recovers.