It is another “risk off” day in the jargon for stock markets in Europe. Banking stocks, in particular, are falling out of bed. Shares of Deutsche Bank and Commerzbank, Germany’s two largest lenders, have fallen at their worst by 13% and 8% respectively while BNP Paribas and Societe Generale, the first and third-largest banks in
Elon Musk, the billionaire founder of SpaceX, on Friday denied a media report from earlier this week that said investors from Saudi Arabia and the United Arab Emirates were planning to invest in a multi-billion dollar funding round in the company. A unit of Saudi Arabia’s investment fund and an Abu Dhabi-based company are planning
Researchers at the Indian Institute of Science (IISc) are working on designing antennas that can empower 6G technology, which is instrumental in realising efficient V2X (Vehicle to Everything) communications. In a recent study, the team, led by Debdeep Sarkar, Assistant Professor at the Department of Electrical Communication Engineering, shows how self-interference in full-duplex communication antennas
Germany’s largest bank has become the focus in a new wave of selling across banking and wider financial stocks, less than a week after the forced takeover of Credit Suisse. Deutsche Bank shares were down 11% on the day at one stage, in volatile trading, after a sharp jump in the cost of insuring against
In this article USDT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over. Justin Tallis | Afp | Getty Images Cryptocurrency firm Tether estimates it will make $700 million profit
Downing Street has shown “important signs of regret and embarrassment” over the rhetoric used by ministers to describe Albanians, according to the country’s prime minister. Edi Rama has previously accused Home Secretary Suella Braverman of fuelling xenophobic attacks after she spoke in parliament about an “invasion” of asylum seekers and “Albanian criminals” when describing the
Hundreds of people have been evacuated from their homes after a major forest fire raged in Spain’s eastern Castellon region – marking an unusually early start to the nation’s wildfire season. The blaze engulfed around 1,000 hectares of land since it broke out on Thursday amid bone-dry conditions. Emergency services attended the areas affected by
UK and EU officials will sign off on a new Brexit deal in London today, despite ongoing opposition from the Democratic Unionist Party (DUP). The Windsor Framework – designed to address problems with the post-Brexit Northern Ireland Protocol – was agreed by Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen last
The US has carried out airstrikes on targets backed by Iran’s Revolutionary Guard in Syria following a deadly attack on a coalition base. The Pentagon said a US contractor was killed when a suspected Iranian drone struck a facility in northeast Syria on Thursday. Five US service members and another US contractor were also wounded
Crypto companies are frustrated at the U.S. government for its lack of clear rules for the industry and the Securities and Exchange Commission for its aggressive actions against digital currency firms, according to multiple executives who spoke to CNBC. Unlike other countries, the U.S. has yet to come up with a comprehensive framework or set
The King’s first state visit of his reign has been postponed after widespread unrest in France erupted into violence over President Emmanuel Macron’s retirement age reforms. The official trip will be rescheduled as soon as possible, the Elysee Palace said in a statement. King Charles and the Queen Consort’s visit has been put on hold
RMT union members at Network Rail have voted to accept a pay offer. It means thousands of signal workers and maintenance staff will not take part in any more strikes in the long-running dispute over pay, jobs and working conditions. The offer members voted on amounts to a pay rise of up to 14.4% for
Willis’ wife Emma Heming Willis and loved ones serenaded the actor in a video posted by ex-wife Demi Moore to Instagram. The family says the 68 year-old actor was diagnosed with frontotemporal dementia (FTD). #CNN #News #shorts
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Goldman Sachs said in a research note Thursday the recent energy sector pullback should be viewed as a reason to buy since that strategy has worked well since late 2020. Thinking along those lines, we did add to one of our three oil exploration and production (E & P) stocks twice this month. However, we’re
Millions of mobile phone and internet users are facing a price increase of 17.3% on their bills in just a week’s time. Every April, many broadband and mobile firms raise their prices in line with the Consumer Price Index (CPI) plus an additional 3-3.9%. As these price rises are often applied mid-contract, people either have
The BBC will not continue filming its latest Top Gear series after an investigation into an accident that injured presenter Andrew Flintoff. In a statement, BBC Studios apologised to the former cricketer following its investigation into the incident in Surrey in December. It said it would “continue to support” Flintoff with his recovery. “Under the
In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance is the world’s largest crypto exchange by volume and assets, processing $9.5 trillion worth of trades in 2021 alone. But
Theatre-goers can expect “the biggest cast of celebrities ever assembled”, according to comedian Al Murray – one of the writers and voices for the stage version of Spitting Image that’s opening in the West End. “There’s 105 people in this show… It’s the biggest cast of celebrities ever assembled on any stage,” Murray told Sky
Gwyneth Paltrow’s accuser “pretty much” lost his love of life after the actress allegedly crashed into the back of him in a skiing hit-and-run, a US court has been told. Terry Sanderson, 76, is suing the Hollywood star for $300,000 (£244,000), claiming she was “out of control” and struck him, causing him to suffer a