German software giant SAP plunged as much as 11% Thursday after reporting weaker-than-expected growth in its cloud contract backlog in the fourth quarter. It’s the biggest daily fall since October 2020, when its stock dropped 22% following disappointing third-quarter results. The stock is also on track to close at its lowest price since mid-2024. Shares…
Illustration shows the logo of Deutsche Bank Brussels, Saturday 25 March 2023. Nicolas Maeterlinck | Afp | Getty Images LONDON — European stocks opened higher on Thursday, as traders focused on a raft of earnings reports from some of Europe’s biggest companies. The pan-European Stoxx 600 was up 0.5% shortly after 8:30 a.m. in London…
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Jan. 28, 2026. Kent Nishimura | Bloomberg | Getty Images As expected, the U.S. Federal Reserve left its key interest rate steady in a range between 3.5%-3.75%. But what investors…
WASHINGTON — Melania Trump is capping her first year back as first lady with the global release of a documentary she produced about the 20 days leading up to husband Donald Trump’s return to the White House. “Melania” will premiere Thursday at the Kennedy Center, where the Trumps are expected to walk the red carpet…
The overarching theme I could not ignore when asking some college football coaches and NFL scouts about Bill Belichick’s legacy in the NFL was clear: cheating. Not his six Super Bowls won as a head coach, not his coaching tree nor his decision to start a former sixth-round NFL Draft pick, Tom Brady, who became…
One message came out loud and clear after the latest Federal Reserve meeting: Investors will have to wait longer for any interest rate cuts this year. The Fed’s first policy meeting of the year wrapped up Wednesday, with policymakers as expected leaving interest rates changed but starting to show a more hawkish consensus taking shape…
Nvidia has become the world’s most valuable company thanks to its advanced chips that are powering the AI revolution. But it could not succeed without ASML. The Dutch semiconductor equipment company, one of Europe’s most valuable, makes lithography machines needed to print extremely fine patterns on silicon wafers. It’s the only company in the world…
Who’d have thought that Bill Belichick would steal the news cycle of a Super Bowl that he’s not even in — in a league that he no longer coaches in? Who’d have thought that Bill Polian, who hasn’t worked in an NFL front office since 2011, would end up getting almost as much attention? But…
Deutsche Bank said Thursday it had record profits during the fourth quarter of 2025. The German lender’s fourth-quarter results statement showed net profit attributable to shareholders came in at 1.3 billion euros ($1.56 billion) for the three-month period. That beat the 1.12 billion euros forecast by analysts. Overall, Deutsche Bank’s group revenues came in at…
Britain’s Prime Minister Keir Starmer addresses a business delegation following his arrival to China, at a hotel in Beijing on January 28, 2026. Carl Court | Afp | Getty Images After years of strained ties, China and the U.K. on Thursday pledged to develop a long-term strategic partnership following a high-stakes meeting between Chinese President…
