Business

Ryanair rebounds into profit as bookings soar

Ireland's Ryanair flew back into profit in the final three months of 2022 as travelers flocked to budget airlines during Europe's cost-of-living crisis.

Energy & Green Tech

EU cuts gas consumption by 20% over past four months

EU countries have cut the amount of natural gas they consume by 20 percent over the past four months as they adapt to an energy crunch, the bloc's statistics agency said Tuesday.

Business

Europe's battle to rein in Big Tech

The European Union is on a mission to get US tech giants to stop avoiding tax, stifling competition, profiting from news content without paying and serving as platforms for disinformation and hate.

Automotive

Ferrari sales, earnings guidance shift higher

Italian luxury sports car manufacturer Ferrari said Wednesday it had raised its 2022 earnings guidance after posting double-digit gains in sales and earnings.

Business

Airlines giant IAG revenue back at pre-pandemic level

IAG, owner of British Airways and Spanish carrier Iberia, revealed Friday revenue slightly above pre-pandemic levels as it posted third-quarter profits on rebounding passenger demand.

Automotive

VW readies Porsche IPO in one of Europe's largest listings

Volkswagen was nearing the finish line Wednesday as it readied the sale of shares in luxury carmaker Porsche ahead of an expected market listing that will rank among the largest such offerings in European history.

Automotive

Volkswagen sets Porsche IPO at up to 9.4 billion euros

Volkswagen has set the price range for the multibillion-euro sale of a minority stake in luxury brand Porsche as it prepares an initial public offering to fund VW's investments in new technologies and businesses including ...

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