An increasing shift toward electric vehicles globally, especially in China, is poised to disrupt the global oil market, according to a new report by the International Energy Agency.

European stocks fell further on Wednesday, dragged down by an unexpected drop in sales of French luxury behemoth LVMH, which followed a shock outlook from Dutch chip-equipment maker ASML Holding NV.

In a recent development, Canalys has unveiled its preliminary findings on the global smartphone market for the third quarter of 2024. The report indicates ...

Investors have been looking to LVMH Moet Hennessy Louis Vuitton SE for a read on just how bad the luxury slump is turning out to be. On Tuesday night, they got it. And it was even worse than they’d ...