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"It's a highly unfair idea that you should not be able to offer products and services targeted for those people who want to use that," Johan Lundgren told CNBC.

It will contribute about 200 skilled jobs to the city-state, and will be fully operational by mid-2026.

A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump's "America First" economic agenda.

UniCredit offered to snap up Banco BPM for roughly $10.5 billion on Monday.

Donald Trump's vow to implement additional tariffs on China, Canada and Mexico signals the start of a wild ride in currency markets, strategists say.

Thomas Woldbye told the Airlines 2024 conference he expected a final decision "one way or another" on the long-running project by the end of 2025.

Shai Weiss said that despite aviation's contribution to the economy, "all we've seen is an increase in Air Passenger Duty."

Strategists regard hedge fund manager Scott Bessent, the founder of Connecticut-based investment firm Key Square Group, as a "safe pair of hands."

After years of spending capital freely on all-electric and autonomous vehicles, automakers are starting to pull back.

Sir Richard Branson made the comments as he announced a partnership with the We Are Family Foundation, set up by musician Nile Rodgers after 9/11.