As competition in the multibillion-dollar space industry heats up, the U.K.’s OneWeb and France’s Eutelsat have combined.
How surging trade with China is boosting Russia’s war
Russian customs data filed as recently as August 2023 point to the continued supply of battlefield equipment, including drones, helmets, vests and radios, from China, new analysis by CNBC shows.
Spain’s right-wing leader fails in first bid to become prime minister
Feijóo received 172 votes in favor of his mandate in the Wednesday session — four short of the absolute 176 majority needed from the 350-strong parliament.
Largest untapped UK oil field approved for development amid environmental backlash
British regulators on Wednesday gave approval for Norway’s energy giant Equinor to develop the controversial U.K. offshore Rosebank field in the North Sea, just off the northwest coast of the Shetland Islands.
JPMorgan’s UK digital bank blocks customers from buying crypto
From Oct. 16, Chase UK customers will “no longer be able to make crypto transactions via debit card or by outgoing bank transfer.”
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Improbable, which is backed by SoftBank, said its revenues more than doubled last year after a pivot to powering new “metaverse” experiences.
Armenia warns of ‘ethnic cleansing’ as thousands flee the Nagorno-Karabakh enclave
The mass exodus comes after a lightning military operation by Azerbaijan last week saw it take full control of the region.
Travelers say Tampa International is the best large airport in North America for the second year in a row
J.D. Power ranked large airports in North America based on customer satisfaction. Tampa International Airport took the top spot for the second year in a row.
Betting on a rate cut is ‘premature,’ European Central Bank member says
It is “premature” to bet on a cut to interest rates, Francois Villeroy de Galhau, France’s central bank governor, told CNBC exclusively on Monday.
A top European software investor raises $700 million — defying the venture capital slump
Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds.