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BERLIN (Reuters) - The listing of Porsche could break the ice in capital markets, chief executive Oliver Blume said on Tuesday following Volkswagen's decision to trigger an IPO of the sportscar brand....

BERLIN (Reuters) - Lufthansa is planning to hire nearly 20,000 new employees by the end of 2023 as the aviation industry recovers from the pandemic, according to Chief Executive Carsten Spohr. During ...

BERLIN (Reuters) - Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing would be, adding that he expected huge interest from the market. The fun...

(Reuters) - Crypto investment product firm 21.co, parent of 21Shares, said on Tuesday it had raised $25 million in a funding round led by Marshall Wallace that valued the company at $2 billion. "With ...

PARIS (Reuters) - France will pick the new boss of state-controlled power giant EDF in the next few days, the finance minister said on Tuesday, as the group grapples with a record number of nuclear re...

(Reuters) - Russia's economy is expected to contract by 2.9% this year before returning to growth in 2023-24, Russian news agencies cited Economy Minister Maxim Reshetnikov as saying on Tuesday. Reshe...

By Eduardo Baptista BEIJING (Reuters) - High-profile universities and state-run research institutes in China have been relying on a U.S. computing chip to power their artificial intelligence (AI) tech...

By Naveen Thukral SINGAPORE (Reuters) - Abundant rice supplies in key exporters may largely offset an expected drop in output after floods in Pakistan and severe heatwave in China damaged crops, cappi...

VLADIVOSTOK, Russia (Reuters) - The head of Russia's No. 2 lender VTB said on Tuesday the bank returned to profit in July after record-making losses in the first six months of the year. Speaking at Ru...

(Reuters) - A wildfire on Fairview avenue, in the county of Hemet, California, spread to 2,000 acres (810 hectares) killing two people and injuring another, the Cal Fire and Riverside County Fire Depa...