Tesla considering building automotive investment in Spain – source

(Reuters) – U.S. electric car manufacturer Tesla (NASDAQ:TSLA) is in talks with the leaders of the regional government of Valencia…

Factbox-European companies cut jobs as economy sputters

(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring…

2023 underperformance prompts Wolfe to upgrade T-Mobile

Wolfe Research analysts upgraded shares of   (NASDAQ:TMUS) to Outperform from Peer Perform. The price target of $160 per share suggests…

GameStop shares slide sharply in premarket trade after CEO Furlong terminated

GameStop Corp (NYSE:GME) shares shed more than 19% of their value in premarket U.S. trading on Thursday after the video…

Chinese regulators try to assure sceptical foreign financiers

(Reuters) – China is open for investment, the country’s top financial regulators told foreign financiers at a high-profile forum in…

Microsoft, Google strategy to test AI search ads irks some brands

(Reuters) – Alphabet (NASDAQ:GOOGL)’s Google and Microsoft (NASDAQ:MSFT) are inserting ads into AI experiments without providing an option to opt…

Toshiba board recommends shareholders support $14 billion buyout

(Reuters) – Toshiba (OTC:TOSYY) Corp said on Thursday its board has decided to recommend shareholders take up a tender offer…

Amazon should not pay $268 million in Luxembourg back taxes, EU court adviser says

(Reuters) – Amazon (NASDAQ:AMZN) should not pay 250 million euros ($268 million)in back taxes to Luxembourg as ordered by EU…

Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint

(Reuters) – Meta Platforms’ Instagram, Alphabet (NASDAQ:GOOGL)’s YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC…

Wizz Air sees return to profit on strong demand, summer preparations

(Reuters) – European low-cost airline Wizz Air is confident that strong bookings combined with a big investment in its operations…