In May, 11.6 million PC and console games were sold in European markets. Compared to the same five-week period in 2023, this is a decrease of almost 17%. These are figures from GSD, which tracks all digital game sales from most major publishers (Nintendo data is missing), as well as physical game sales in all … Read more
British drivers are being warned that the price of new vehicles could skyrocket in the near future due to a possible trade war between the US, European Union and China. Both United States have taken significant steps to crack down on the number of Chinese-made electric vehicles being imported by imposing heavy tariffs on manufacturers … Read more
Many British people have already planned their summer holidays and would like to book their winter holidays. With the help of Jet2 and Jet2CityBreaks, holidaymakers can experience Iceland’s beautiful landscapes through 12 UK airports. Flights go to Keflavík International Airport near Reykjavik. The airline said: “Jet2.com and Jet2CityBreaks have announced details of their unique trips … Read more
Apple Vision Pro will finally launch outside US markets this summer, the brand confirmed at WWDC 2024. While that’s huge news for any Apple fan who’s been waiting all this time to put the luxury headset into practice, it’s a competitive game. several months for every manufacturer in that market. The best VR headsets available … Read more
The European Central Bank has eased pressure on borrowers across the eurozone after cutting its key interest rate for the first time in almost five years. Citing a continued decline in inflation, the ECB said it would cut its deposit rate from a record high of 4% to 3.75%, putting it ahead of the US … Read more
Image source, Getty Images Image caption, ECB President Christine Lagarde Item information Author, Lucy Hoeker Role, Business reporter, BBC News June 6, 2024 The EU became the second major global economy to cut lending rates this week as it said it had made progress in tackling inflation. The European Central Bank (ECB) announced a cut … Read more
The EU’s direction will be determined over the next four days, when 370 million voters across the bloc cast their ballots in European Parliament elections. Top jobs, including Ursula von der Leyen’s bid for a second five-year term at the helm of the European Commission, will be affected by the outcome of the election. Although … Read more
Sun Jun 2, 2024 7:29 PM EDT CNBC Pro: Profits at these five global banks will remain high despite an ECB rate cut, Berenberg says Despite a rate cut expected this week, profits at a handful of major European banks will remain robust, according to Berenberg. One of the lender’s shares could rise more than … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Green shoots are emerging for Europe’s tech startups after a two-year investment drought, as dealmaking among early-stage companies increases and venture capitalists raise new funds. Creandum, an early backer of Spotify, Klarna and Depop, unveiled … Read more
51 minutes ago Mining shares tumble after Anglo American rejects BHP’s takeover bid Mining shares tumbled on Wednesday afternoon after Anglo American rejected a third takeover proposal from rival BHP Group, as the companies agreed to extend the deadline for talks by a week. Anglo shares initially rose before paring gains to 0.65% at 4.10pm … Read more