Arrival said it received a delisting and stock trading suspension notice from the Nasdaq, sending the British electric-vehicle company’s shares down about 15% on Monday.
Chinese electric vehicle (EV) giant BYD said on Monday it expects net profit in 2023 to have risen by as much as 86.5% on the previous year, buoyed by strong sales and cost cuts.
Dublin-based online betting company Flutter said on Monday it will propose moving the primary listing of its shares from London to New York at the annual general meeting in May.
Fortegra Group, backed by private equity firm Warburg Pincus, is targeting a valuation of up to $1.52 billion as it prepares for its initial public offering in New York, the specialty insurance company said on Monday.
Crypto companies based outside the EU will only be able to directly serve customers within the bloc under very limited conditions to avoid unfair competition, the European Securities and Markets Authority (ESMA) proposed on Monday.
Microsoft is expected to report a 15.8% jump in quarterly revenue, its best growth in nearly two years, as rising adoption of its products infused with generative AI fuels demand for its cloud services.
European telecommunications lobbying group ETNO on Monday again urged Big Tech to help pay for the rollout of 5G and broadband as it released data showing Europe trails the United States and Asia in 5G networks, cloud computing, investments and revenues.
Italy’s data protection authority has told OpenAI that its artificial intelligence chatbot application ChatGPT breaches data protection rules, the watchdog said on Monday as it presses ahead with an investigation started last year.
