DeepSeek claims its R1 outperforms OpenAI’s latest o1 model despite costing a fraction of the price the U.S. AI lab charges for its large language models.

Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in the third quarter.

The German economy shrank by 0.2% in the fourth quarter of 2024, according to preliminary data released by Germany’s statistics office Destatis on Thursday.

The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.

U.S. Treasury yields were little changed on Thursday as investors weighed the Federal Reserve’s first interest rate decision of 2025.

An Army helicopter on a training flight collided with an American Airlines regional jet that was on approach into Washington D.C.’s Reagan National Airport.

Hamas began the process of freeing three more Israeli hostages and five Thai captives. Israel was expected to release another ...

H&M on Thursday reported a slightly better-than-expected uptick in operating profit, although sales missed forecasts in the fourth quarter.

British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.

France’s beleaguered economy was given a boost by the Olympics Games in Paris last summer but political upheaval has ensued ...

American Airlines CEO Robert Isom issued a statement late Wednesday after an American Eagle flight appeared to have collided with a military helicopter and crashed into the Potomac River near ...

European markets are set for a higher open Thursday as investors await key earnings, and the European Central Bank’s latest monetary policy decision.