EU News Digest Latest News & Updates
Andy Buchanan | AFP | Getty Images Jim Ratcliffe visits the Ineos oil refinery in Grangemouth, Scotland. The U.K.’s wealthiest man, Jim Ratcliffe, could soon hold a larger influence over North Sea oil, with his company in exclusive negotiations with ConocoPhillips for its British assets. ConocoPhillips confirmed to CNBC via …
Read More »Airlines cancel thousands of flights after Avery surprises East Coast
John Moore | Getty Images A cancelled flight waits in a snow storm at the Newark Liberty International Airport on November 15, 2018 in Newark, New Jersey. The early season storm caused flight cancellations throughout the northeast United States. Airlines cancelled over 1,900 flights around the country after winter storm …
Read More »Volkswagen to spend 44 billion euros on electric, autonomous cars by 2023
Justin Sullivan | Getty Images The Volkswagen logo is displayed at Serramonte Volkswagen on November 18, 2016 in Colma, California. Volkswagen announced it’s to spend 44 billion euros ($50 billion) on new plants, electric cars, autonomous driving and mobility services. The war chest is to be spent in the four …
Read More »Here’s what Wall Street analysts had to say about Nvidia’s earnings
Chesnot Getty Images A gamer plays a video game with the Graphic card GeForce during the ‘Paris Games Week’on October 27, 2016 in Paris, France. Nvidia shares fell steeply after the chipmaker gave weak fourth quarter revenue guidance when it reported third-quarter earnings after the close on Wednesday. “After many …
Read More »Nvidia stock falls on revenue and guidance miss
David Paul Morris | Bloomberg | Getty Images Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., holds a Nvidia Volta 125 Teraflops per second (TFLOPS) Tensor Core as he speaks during an event at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Sunday, Jan. …
Read More »David Hockney painting sells for a record $90 million
Don Emmert | AFP | Getty Images A crowd of people attend the sale where David Hockney’s Portrait of an Artist (Pool with Two Figures) is displayed at Christie’s in New York. A painting by British artist David Hockney has sold for more than $90 million — a world record …
Read More »Here’s a list of when retailers will be open
Retailers are gearing up for shoppers to turn up in droves this holiday season, with sales for the industry expected to climb more than 4 percent from a year ago, topping $700 billion. And during the holidays, many shoppers will take advantage of key shopping days like Black Friday and …
Read More »Huawei aims to overtake Samsung as No. 1 smartphone player by 2020
Huawei CEO Richard Yu gives a press conference to present the new Huawei Balong 5G01, a 3GPP 5G commercial chipset on February 25, 2018 in Barcelona, on the eve of the inauguration of the Mobile World Congress (MWC). Earlier this year, six top U.S. intelligence officials warned American consumers not …
Read More »David’s Bridal to file for Bankruptcy
Jeenah Moon | Bloomberg | Getty Images A pedestrian passes in front of a David’s Bridal Inc. store in New York, U.S., on Wednesday, Nov. 14, 2018. Wedding dress retailer David’s Bridal said on Thursday it will file for bankruptcy in the “near future,” as it grapples with a heavy …
Read More »Facebook claims progress against fake news after NYT report
Christophe Morin/IP3 | Getty Images News | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc. attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Facebook on Thursday released its latest report on the …
Read More »