Shares in Britain’s Dixons Carphone plunged 30 percent after the retailer cut its full-year profit forecast on Thursday, blaming tougher conditions in the mobile market as customers keeptheir handsets longer. The retailer said headline pretax profit for the year was expected to be in a range of 360 million pounds to 440 million pounds ($460-562 […]

Dutch police on Thursday questioned a Spanish man detained with gas canisters in a van while driving near a concert venue where a rock concert was cancelled due to a threat of an attack. The man was being held in Rotterdam, where he was stopped in the white vehicle with Spanish licence plates on Wednesday, […]

Germany’s central bank has successfully moved $27.9 billion worth of gold bars from New York and Paris to Frankfurt in a Hollywood-style transfer. The Bundesbank announced Wednesday that it had shipped the last of the gold it had been storing at France’s central bank, Banque de France, in Paris, completing the final stage of a […]

Barclays customers are now able to use Apple’s virtual assistant Siri to make payments on their phones. The bank claimed to be the first U.K. retail bank to make use of the voice-activated personal assistant with its mobile banking app on Monday. Without having to open the app, customers will now be able to make […]

Estonia wants to issue its own virtual currency with the help of Ethereum founder Vitalik Buterin. The cryptocurrency, called “estcoin,” could be launched via the digital coin community’s version of crowdfunding – an initial coin offering (ICO). ICOs enable start-ups to raise funds by selling off cryptocoins, such as bitcoin and ether, in return for […]

Advertising mogul Martin Sorrell told CNBC on Wednesday his company is poised to increase its investment in Facebook to “well over” $2 billion this year. WPP, the world’s largest advertising group, will keep Google as its top media investment in 2017. However, Sorrell suggested the firm’s client portfolio could be set to see Facebook move […]

A scheduled meeting between Egypt’s Foreign minister and top U.S. presidential advisor Jared Kushner was aborted at the last minute Wednesday, just hours after the U.S. withdrew tens of millions of dollars in aid. The foreign ministry would not give a reason for the cancellation of the meeting, however, it was dropped from Sameh Shoukry’s […]

Britain will outline its plans on Wednesday to escape the “direct jurisdiction” of the European Court of Justice after Brexit, one of Prime Minister Theresa May‘s main aims in talks to unravel 40 years of EU membership. The plans will be laid out in one of the most politically sensitive documents Britain has published this […]

President Mario Draghi gave little indication about the next steps for monetary policy in the euro zone during a speech on Wednesday ahead of a key meeting between central bankers. The European Central Bank chief seemed to have learned from his own mistakes by avoiding commenting on how and when he might bring monetary stimulus […]

Euro zone manufacturing businesses clocked their best month of growth in six-and-a-half years in August, offsetting the weakest services growth in seven months and keeping overall activity on steady path, a survey of private companies showed on Wednesday. IHS Markit’s Flash Eurozone Composite Purchasing Managers’ Index, considered a good guide to economic growth, edged up […]