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(Reuters) -Linde, the world's largest industrial gases company, on Thursday raised its full-year earnings guidance after reporting second-quarter profit above market expectations, as higher pricing offset weaker volumes.

(Reuters) — President Vladimir Putin has signed decrees to take temporary control of assets belonging to some Western companies in Russia, in retaliation against foreign moves against Russian companies abroad, and warned in April the Kremlin could seize more.

By America Hernandez

Tata Group backed Indian Hotels Company reported revenue from operations of Rs 1466 crore for the quarter ended June, up 16% year on year. The company clocked a profit of Rs 236 crore, up 30.3% year on year.IHCL MD and CEO Puneet Chhatwal said it was a 'historical' quarter one with the highest ever revenue and profit after tax numbers reported by the chain.

By Gloria Dickie

In April 2021, the European Commission presented its proposal for harmonized rules on artificial intelligence (AI), dubbed the Artificial Intelligence Act (AI Act). After the Council of the European Union and the European Parliament finalized their positions in December 2022 and June 2023, the legislative institutions entered a trilogue on the upcoming AI regulation. 

By Victor Goury-Laffont and Gilles Guillaume

Investing.com — European stock markets are expected to open higher Thursday, as investors digest comments from Fed Chair Jerome Powell ahead of the latest European Central Bank meeting.

BERLIN (Reuters) -Volkswagen will concentrate on improving net cash flow in the second half as logistics bottlenecks ease, the German carmaker said on Thursday, even as it slightly lowered its 2023 outlook for deliveries.

Mediators have presented their proposal to end a long-running pay dispute between Germany’s main national railway operator and a major union, a two-year settlement that would head off damaging all-out strikes

Poland has made a complaint against Germany to the European Commission over tons of German waste, some of it allegedly toxic, brought and stored in unauthorized landfills across Poland

GAIL is planning to tie up 7-8 million tonnes per annum of long-term liquefied natural gas (LNG) from diverse sources as it bets big on domestic gas demand and aims to play a leading role in India’s transformation into a gas-based economy, its chairman has said. “GAIL is committed to ensuring that the domestic demand is well supplied and protected from price shocks. To do the same, GAIL is looking to grow its long-term volumes by at least 50% or 7-8 million metric tonnes per annum in a staggered manner till 2030,” GAIL chairman and managing director Sandeep Kumar Gupta told ET in an interview. The company is in talks with suppliers in several countries including the US, Qatar, the UAE, and other countries east of India, he added. Gupta, the former finance chief of Indian Oil Corp, took over as the chairman and managing director of GAIL last October in the middle of a global energy crisis that had cut off afifth of its LNG supplies after a former German unit of Russia’s Gazprom stopped supplying. “We managed well. The supply cut to our customers was much smaller as we brought in our US volumes to meet their demand,” said Gupta. After the global markets cooled off this year, the supplies resumed but GAIL has learnt its lessons.

Deutsche Bank’s recovery plan may be working. As a story that investors want to watch, however, it isn’t exactly “Barbenheimer." On Wednesday, the German lender said it earned €763 million, equivalent to $844 million, during the second quarter of the year, a 27% decline compared with a year earlier. The results mirror those reported by Wall Street banks: Net interest income for retail and corporate divisions jumped thanks to central banks pushing interest rates up, but a slump in trading revenue and a dearth of deals has hit investment banking.

The debate over using frozen Russian assets to fund Ukraine’s reconstruction is coming to a head. The arguments in favour are compelling. The objections are weak.

A month after the world’s largest crypto exchange Binance faced rejection of its crypto custody license request from the German regulator BaFin, the exchange has reportedly withdrawn its license application.

Microsoft (NASDAQ:MSFT) has deepened its relationship with PayPal (NASDAQ:PYPL), the company announced Wednesday, with the integration of PayPal's Pay Later solution in the U.S., UK, Australia, France, Germany, Italy, and Spain.

Binance has withdrawn its cryptocurrency custody license application in Germany. The exchange confirmed its withdrawal to Cointelegraph on July 26, nearly a month after reports of rejections from The German Federal Financial Supervisory Authority (BaFin).

The IMF said the improvement was a result of 'stronger-than-expected consumption and investment from the confidence effects of falling energy prices'.

₹2,700 crore. It has been developed as India’s largest meeting, incentives, conferences and exhibitions (MICE) destinations.

A fire on a freight ship carrying nearly 3,000 cars is burning out of control in the North Sea