International

Amazon (AMZN.O) is planning to cut as many as 30,000 corporate jobs beginning yesterday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, ...

British retailers cut their prices in October, led by the biggest drop for food in almost five years, industry figures showed, offering a bit of relief to households before Halloween ...

Oil prices fell 2 per cent on Tuesday, marking their third day of declines as investors assessed the effect of US sanctions on Russia’s two biggest oil companies along with ...

Piraeus Bank has been upgraded to the investment-grade rating of ‘BBB-‘ by Fitch Ratings, marking a significant development as the bank is now assessed at investment grade by three of ...

The European Central Bank will likely keep rates on hold again on Thursday as traders waver on whether it will resume easing next year. Renewed US-China trade tensionsprompted caution in ...

German business morale rose in October, a survey showed this week, though trade woes continued to cast a pall over Europe’s largest economy. The Ifo institute said its business ...

British manufacturers are investing the least in new equipment relative to their sales since 2017, according to a report from trade body Make UK, which urged the government to streamline tax ...

The global rush by chipmakers to produce AI chips is tightening supply of less glamorous chips used in smartphones, computers and servers, spurring panic buying by some customers and a ...

B2B technology marketers are facing increased scrutiny on return on investment (ROI) alongside tighter budgets and elevated expectations as they plan for 2026, according to new research from market intelligence ...

An EU-funded study showcases innovation that is affordable, sustainable and effective, and may lead to a more resilient and competitive Europe. By Kaja Šeruga At this year’s International Architecture ...

India’s government has proposed that artificial intelligence and social media firms should clearly label AI-generated content to tackle the spread of deepfake and misinformation, prompted by similar moves by ...

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has detailed the key risk drivers currently facing EU financial markets as geopolitical events continue ...

US banks’ loans to private credit providers have surged to nearly $300 billion, Moody’s said in a report released this week, and the ratings agency warned that smaller lenders could ...

Meta (META.O) is cutting roughly 600 positions out of the several thousand roles within its Superintelligence Labs artificial intelligence unit, Axios reported this week. The cuts will affect the company’...

The European Banking Authority (EBA) recently published its annual report on convergence of supervisory practices for 2024 across the European Union. The report details the EBA’s extensive efforts to strengthen ...

Crypto heavyweight Coinbase (COIN.O) said this week it has bought investment platform Echo in a nearly $375 million cash-and-stock deal, aiming to bring fundraising tools to its platform. Dealmaking within ...

Goldman Sachs (GS.N) is setting up a private wealth management team in Saudi Arabia, it said this week, as it boosts its offer in the Middle East to serve ...

Nokia reported third-quarter profit which was ahead of market expectations on Thursday, driven by strong optical and cloud demand, including AI-focused data centre sales following its Infinera acquisition. The company’...

The median full-time salary in Britain rose to 39,039 pounds before tax ($52,394) this year, up 4.3 per cent from a year earlier, annual official figures showed on Thursday. The annual increase was ...

The European Parliament agreed on Wednesday to consider further changes to the EU’s corporate sustainability rules, as the US and Qatar stepped up pressure on Brussels to weaken the ...

British finance minister Rachel Reeves said Brexit along with spending cuts by previous governments had weighed more heavily on the economy than originally thought as she readies a budget likely ...

European Central Bank President Christine Lagarde on Wednesday backed German Chancellor Friederich Merz’s call for a single European stock exchange to support European listings and economic growth. “If we ...

Netflix shares fell more than 8 per cent on Wednesday, as the streaming giant’s outlook for the coming quarter left investors nonplussed despite a strong line-up of shows that includes ...

British inflation unexpectedly held steady in September, raising the prospect of a Bank of England interest rate cut this year and offering some relief to finance minister Rachel Reeves ahead ...