Alibaba is ramping up in Europe, and is already ahead of Amazon in one region
Alibaba is investing heavily into Europe for Singles Day this year, as the Chinese tech giant competes with Amazon for the EU’s exploding e-commerce market.
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Are high energy prices here to stay? Analysts weigh in on the global gas crisis
The liquefied natural gas (LNG) terminal at the Yangshan Deepwater Port in Shanghai, China, on Saturday, Oct. 9, 2021. Qilai Shen | Bloomberg | Getty Images Winter hasn’t even arrived, …
Spanish island’s volcanic eruptions still causing massive damage
Spanish island’s volcanic eruptions still causing massive damage The Cumbre Vieja has scorched more than 200 acres of land so far, and lava is still flowing through the streets of …
Deutsche Bank posts fifth straight quarter of profit despite slide in trading revenue
VIDEO 5:29 05:29 Third quarter brought strong momentum, Deutsche Bank CFO says Squawk Box Europe Deutsche Bank reported a fall in revenues at its investment banking unit on Wednesday, but …
Nazi war crimes suspect on trial in Germany
Nazi war crimes suspect on trial in Germany A 96-year-old woman is on trial outside Hamburg, Germany, accused of being an accessory to the murder of thousands of people at …
Japan’s Princess Mako weds, then goes on TV to defend the marriage
Tokyo — In what was called the most anticipated live TV appearance of the year, 30-year-old Princess Mako defended her controversial decision to marry a man some here branded unworthy …
Wealth management boom helps UBS report $2.3 billion profit, beating estimates
VIDEO 3:59 03:59 We see continuing momentum and expect to add more clients, UBS CEO says Squawk Box Europe UBS has beaten analyst expectations in the third quarter as its …
Zalmay Khalilzad, the U.S.’ lead Taliban negotiator, sticks by deal in Afghanistan
Zalmay Khalilzad, the U.S.’ lead Taliban negotiator, sticks by deal in Afghanistan In his first interview since resigning as the U.S.’s chief negotiator with the Taliban, Ambassador Zalmay Khalilzad strongly …
China is pushing to develop its own chips — but the country can’t do without foreign tech
China’s reliance on foreign firms in the semiconductor supply chain could make domestic giants vulnerable to geopolitical issues as was the case with Huawei.
UNICEF warns Haiti is “nowhere near safe” as abductions worsen
UNICEF warns Haiti is “nowhere near safe” as abductions worsen The number of abductions for ransom in Haiti have surpassed 2020 numbers in the first eight months of this year. …