Business

Embattled French tech giant Atos says needs more cash

Struggling French tech giant Atos said on Monday it needs more cash than previously estimated to stay afloat and welcomes a government offer to acquire company activities linked to national security.

Business

Spotify swings to profit, paying subscribers rise

Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.

Business

Lufthansa reports loss, cuts outlook after strikes

German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.

Business

EU's five biggest antitrust fines on big tech

The European Commission's powerful competition regulator on Monday slapped Apple with a 1.8-billion-euro ($1.9-billion) penalty, the third biggest antitrust fine by the European Union.

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