Business

The ruling creates uncertainty around criminal prosecution of the aerospace giant in connection with the development of its bestselling airline plane. ADVERTISEMENT A federal judge on Thursday rejected a deal that would have let Boeing plead guiltyto a felony conspiracy charge and pay a fine for misleading US regulators about the 737 Max jetliner before two of the planes crashed, …

Although luxury watch revenues saw a slight dip, mainly because of one-time rises in showroom stocks, the company reported an increase in demand from the US. ADVERTISEMENT Watches of Switzerland Group has revealed its first half financial year 2025 (H1 FY25) results, for the 26 weeks ended 27 October 2024.  Group revenue for H1 FY25 came in at £785m (€948.61m), …

Oil prices have been down due to weaker than expected demand from China as well as increased production from countries such as Brazil and Argentina that are not in OPEC+. ADVERTISEMENT The OPEC+ alliance of oil exporting countries are meeting to discuss whether to put off plans to pump more crude amid sluggish demand and competing production from non-allied countries …

CCF, formerly HSBC France, is planning to cut 36% of its workforce and close a third of its branches. ADVERTISEMENT The bank Crédit Commercial de France (CCF) announced a restructuring plan on Wednesday for the next two years, estimating the loss of around 1,400 jobs. The cuts will affect around 36% of CCF’s workforce, made up of around 3,900 employees …

Temu is being investigated in Europe over suspicions it has been failing to prevent the sale of illegal products. ADVERTISEMENT Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register the company by the end of November. Temu is being investigated in Europe over suspicions it has been failing to …

How will AI agents reshape work and transform hiring processes? My Wildest Prediction explores the topic with Nancy Xu, founder and CEO of Moonhub, a company specialising in AI-driven recruitment. ADVERTISEMENT My Wildest Prediction is a podcast series from Euronews Businesswhere we dare to imagine the future with business and tech visionaries. In this episode, Tom Goodwin talks to Nancy Xu, …

The French stock markets showed no immediate reaction to the political turmoil in the country. ADVERTISEMENT Despite the fall of Michel Barnier’s government on Wednesday, the Paris Bourse rose on Thursday with the leading CAC 40 index up 0.65% around 10am, having climbed 0.66% on the previous day. The euro, too, was little changed. Earlier, the French benchmark stock index …

The milestone comes just hours after the President-elect signalled a lighter regulatory approach to the crypto industry when he said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair the Securities and Exchange Commission (SEC). ADVERTISEMENT Bitcoin has topped the $100,000 mark as a massive rally in the world’s most popular cryptocurrency sparked by the election …

Lilly said patients taking Zepbound lost about 20% of their weight on average compared with nearly 14% for Wegovy. The drug maker also said more patients taking Zepbound achieved at least 25% weight loss. ADVERTISEMENT Shares of Eli Lilly climbed on Wednesday after the drug maker detailed a study showing that its blockbuster weight-loss drug Zepbound helped patients shed more …

Matteo Salvini, Italy’s deputy prime minister and minister of infrastructure and transport, has criticised the Agnelli family over car maker Stellantis’ problems, as the company continues to struggle with weaker sales and falling demand. ADVERTISEMENT Italian deputy prime minister Matteo Salvini has said the Agnelli family should be held as responsible for Stellantis’ issues as the car company’s now ex-chief …