Former Brazilian President Lula found guilty of corruption

Former Brazilian leader Luiz Inacio Lula da Silva, who rose from childhood poverty to become a two-term president, was convicted on corruption charges on Wednesday in the first of five graft trials he faces. He was sentenced to nine and a half years in prison. He will...

Samsung to back European start-ups with $150 million investment fund

Felix Petersen, managing director of Samsung NEXT in Europe, says it is looking for companies building products that will transform how consumers connect with the world. “I’m excited to lead our expansion into Europe. The combination of deep tech talent...

UK should accept WTO tariffs to gain US-style immigration system, says Wetherspoons founder

Britain should be willing to accept “a few tariffs” under the World Trade Organisation (WTO) rules in order to regain control of its borders and establish a new points-based immigration system akin to the U.S., the chairman of British pub chain J D...

Amazon says customers ordered more than three times as many Echo speakers than during Prime Day 2016

Amazon.com Inc said on Tuesday its Prime Day sale was on track to be the biggest shopping event in its history by sales. The world’s largest online retailer said customers ordered more than three times as many Echo-family speakers than during Prime Day 2016,...

European markets set to open higher; investors await data and earnings

Major European leaders including French President Emmanuel Macron, German Chancellor Angela Merkel and European Commission President Jean-Claude Juncker will attend a Western Balkans Summit in Italy on Wednesday, at which economic cooperation and efforts to counter...

Tech talent now choosing Europe over US, according to the co-founder of Germany’s Trivago

Germany’s Trivago is benefiting from a “talent drain” in the U.S., as Europe now appears to be a viable competitor for tech talent, according to company co-founder Rolf Schromgens. Schromgens observed that perceptions of the U.S., including those...