Mining and commodities trading group Glencore raised its earnings guidance on Thursday and said it expected the increased take-up of electric vehicles and demand for storage to boost demand for its products. The company increased its full-year forecast for a profit measure called marketing adjusted earnings before interest and tax (EBIT) by $100 million to […]

Lego has appointed Niels B. Christiansen to replace Bali Padda as chief executive, the Danish toymaker said on Thursday. Christiansen was chief executive of the unlisted Danish thermostat maker Danfoss until last month, a position he took up in 2008. Padda, who took over as chief executive for Lego eight months ago, was Lego’s first […]

Escalating tensions between the U.S. and North Korea have highlighted similarities between President Donald Trump and another political heavyweight: Vladimir Putin, according to one leading political analyst. The U.S. president has been accused of responding with undue aggression to continued threats from North Korea and its expanding military arsenal. Charles Hecker, a senior partner at […]

French soldiers were hit and injured by a vehicle in the western Paris suburb of Levallois-Perret, Paris police authorities said on Wednesday, adding that a security operation was underway in the area. “Police intervention is underway. Search underway for vehicle,” the Paris police department said in a Tweet. Six soldiers were hurt, four of them […]

Dutch bank ABN Amro reported on Wednesday a larger than expected 45 percent rise in second-quarter underlying net profit to 960 million euros ($1.13 billion), helped by a growing loan book and lower costs. Analysts polled by the bank had on average expected a profit of 750 million euros, from the 662 million euros made […]

The asset management firm Standard Life is looking at Ireland as its European base for when the United Kingdom leaves the European Union, its CEO told CNBC Tuesday. “Certainly, we are looking to put our MiFID company into Ireland,” Keith Skeoch, chief executive officer of Standard Life, told CNBC, referring to the financial regulation framework […]

The U.S. dollar index has fallen by around 9 percent since the start of the year but that could be about to change, according to strategists at Wells Fargo, who suggest the stocks and sectors which could be positively affected amid the move higher. Disappointing economic data, political uncertainty and positive developments abroad have sent […]

Europeans are consuming more and more butter at a time when prices are skyrocketing, stockpiles are running low and dairy giants are warning of an imminent shortage. Chef Séverine Nobis, who jointly runs a Parisian pastry school in the French capital, told CNBC that market fears of a European butter shortage cannot be ignored. “The […]

Tiny fragments of gold could be used in the fight against cancer, according to scientists at the University of Edinburgh. Researchers found that the precious metal could be used in such a way so that it increases the effectiveness of other drugs prescribed to treat lung cancer cells. Microscopic pieces of the precious metal – […]

What will the office of tomorrow be like? The needs of employees are changing and businesses must change with them in order to attract the best workers. One way to do this will be combining work and leisure, experts tell CNBC. “Employers today need to create an environment that attracts the talent and allows them […]