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Allegro Boosts Adjusted Profit by 24 Percent in the Quarter and...

Allegro, Poland’s largest online retailer, increased its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 23.6 percent year-over-year to 931.8 million zlotys...

Shell’s quarterly profit rose 24 percent due to higher oil and...

British energy company Shell’s adjusted profit rose 24 percent in the first quarter to $6.92 billion. The company benefited from rising oil and gas...

U.S. Stocks End Mixed as Investors Watch Iran and the Fed

U.S. stocks ended today’s trading session mixed. Fluctuating hopes for a deal to end the war in the Middle East have made investors nervous,...

Tesla increased its net profit by 17 percent in the first...

U.S. electric car manufacturer Tesla increased its net profit by 17 percent to $477 million in the first quarter, driven by higher car sales....

Commerzbank has rejected a takeover bid from UniCredit, citing dissatisfaction with...

German bank Commerzbank has rejected a takeover bid from UniCredit. It accused the Italian banking house of hostile tactics and misleading claims. Reuters reports...

TSMC, the world’s largest chipmaker, posts record profits amid strong demand...

Taiwan Semiconductor Manufacturing (TSMC), the world’s largest contract manufacturer of computer chips, increased its net profit by 58 percent year-over-year in the first quarter...

XTB Faces Further Problems: Million-Zloty Fine in Poland, Foreign Interventions, and...

Poland’s Financial Supervision Authority (KNF) imposed a 20 million zloty fine on XTB. The decision was issued on March 30, 2026 and made public on April...

European stocks resumed their decline as Trump announced further attacks on...

European stocks resumed their decline today after U.S. President Donald Trump announced the continuation of attacks on Iran. The pan-European STOXX Europe 600 index,...

OECD: Investment in AI Offsets the Economic Impact of War, but...

Investment in artificial intelligence (AI) is helping to partially offset the negative economic impact of geopolitical shocks and supply chain disruptions caused by the...

Gold and silver prices plummet amid dimmed prospects for interest rate...

The price of gold plummeted by more than six percent today, dropping to just under $4,500 per troy ounce (oz; 31.1 grams). Silver lost...

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