Business
U.S. employers added 130,000 jobs in January, beating forecasts and bolstering expectations that the Federal Reserve would keep interest rates steady.
European employers increasingly adopted AI agents, displacing entry-level roles and leaving young workers at greater risk of job loss, longer hours and burnout, government advisers and studies said.
European heavy industries urged EU leaders to cut climate compliance costs at a summit, saying carbon rules hurt competitiveness, and the European Commission said it would consider revising the system.
OpenAI, based in San Francisco, said it planned to triple revenue and spend tens of billions, and named a "Head of Preparedness" after criticism and an employee resignation over ads.
Heineken announced it would cut up to 6,000 jobs worldwide over the next two years, citing falling beer demand which weakened sales and margins.
BMW recalled hundreds of thousands of vehicles worldwide over a faulty starter relay that can short and cause fires, affecting multiple model lines and tens of thousands in Germany.
Stefano Di Stefano resigned as a Monte dei Paschi director after prosecutors opened an insider-trading investigation into his purchases of bank shares, the lender said.
An Amsterdam court ordered an independent investigation into chipmaker Nexperia and upheld the suspension of its Chinese CEO, citing allegations of mismanagement and governance breaches.
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Elliott Management built a significant stake in London Stock Exchange Group and engaged its management to press for share buybacks and a turnaround amid reduced listings and AI disruption concerns.
Alphabet issued a rare 100-year bond in global markets to raise billions for its AI push, drawing strong investor demand.
Lufthansa called strikes announced for Thursday in Germany a "completely unnecessary escalation" and said its subsidiaries Swiss, Austrian, Ita, Brussels, Eurowings and Discover were unlikely to be affected.
Bitcoin, gold and major technology stocks plunged across global markets, erasing a recent rally and rattling investors as steep losses wiped out gains and prompted further selling.
Commerzbank raised its 2026 profit guidance and touted record results in Germany as CEO Bettina Orlopp sought to fend off an unsolicited takeover bid from UniCredit.
Activist investor Ancora Holdings bought a stake in Warner Bros. Discovery to try to block a proposed sale to Netflix and press shareholders toward a rival Paramount‑Skydance offer.
Germany recorded nearly 500 million overnight stays in 2025, driven mainly by domestic travelers, the Federal Statistical Office said, with hotels and campsites among the biggest beneficiaries.
Lufthansa pilots and flight attendants staged a strike on Thursday, grounding flights to and from Zurich, Basel and Geneva, organisers said, over pensions and working conditions.
Dutch brewer Heineken said it would cut 5,000 to 6,000 jobs over the next two years, citing weaker beer sales and reduced profit expectations.
Tesla accused an IG Metall representative of secretly recording a works-council meeting at its Grünheide factory and had police remove him, while IG Metall called it a "dirty campaign."
A new AI application surprised investors and sent shares of European asset managers and brokers sharply lower, market analysts said.
