International

The Biden administration and automakers are in the final stages of negotiating over ambitious new rules to accelerate the electric-vehicle transition that could cost Detroit’s automakers billions and fuel ...

Shares of smaller AI firms rallied on Thursday after the world’s most dominant artificial intelligence chipmaker, Nvidia, disclosed stake in them, offering clues on its growth strategy. The rally ...

Shares in Renault (RENA.PA) hit two-month highs on Thursday after the French carmaker posted full-year 2023 net profit slightly below forecasts but reported margin and revenue gains and a huge ...

Pernod Ricard’s shares rose 6 per cent on Thursday, even after the French spirits maker cut its full-year sales forecast and share buyback programme as hoped-for improvements in the United ...

The Dubai International Financial Centre (DIFC) achieved 34 per cent growth in new registrations last year, bringing the total number of active companies in the Gulf’s financial hub to 5,523, its ...

Ukraine has refused to remove Raiffeisen Bank International (RBIV.VI) from a “sponsors of war” blacklist, challenging the biggest Western bank in Russia to sever its ties to Moscow. In ...

European banks have about 1.4 trillion euros ($1.50 trillion) in loans to the troubled commercial property industry, amid a steep fall in office prices on both sides of the Atlantic and investor ...

Britain’s economy fell into a recession in the second half of 2023, a tough backdrop for Prime Minister Rishi Sunak who has promised to boost growth ahead of an election ...

Japan’s Sony (6758.T) slashed the full-year sales forecast for its PlayStation 5 console on Wednesday and said it plans to list its financial business next year as it focuses on ...

Coca-Cola (KO.N) surpassed Wall Street expectations for fourth-quarter revenue on Tuesday, as it benefits from higher product prices and buoyant demand for its juices, energy drinks and sodas. Despite ...

Lyft (LYFT.O) beat estimates for quarterly profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as it cut costs and became ...

Commonwealth Bank of Australia (CBA.AX) on Wednesday warned of downside economic risks building in Australia from continued high interest rates and persistent inflation, as the country’s largest lender ...

French IT consulting group Capgemini (CAPP.PA) on Wednesday forecast slower revenue growth for 2024, anticipating a soft environment in the first half of the year. The Paris-based firm also said ...

Shares of British banks are undervalued partly by lingering perceptions that they are still hampered by Brexit and a negative political climate toward the institutions, Britain’s financial services minister ...

Dutch brewer Heineken (HEIN.AS) on Wednesday forecast low- to high-single digit percentage growth in operating profit in 2024, citing volatility in geopolitics and economic conditions, which could deliver a result ...

Rating agency Fitch fired a warning shot across Britain’s bows on Monday, urging the country’s government to keep a tight rein on spending in its upcoming budget or ...

Canada’s BlackBerry (BB.TO) said this week that it was targeting an additional increase of $100 million in its annual profit as the cybersecurity firm slashes costs, including reducing its ...

New York Community Bancorp’s (NYCB.N) exposure to commercial real estate has intensified investor scrutiny around regional banks, with some expecting more pain for those with office and multifamily ...

More than eight in 10 companies say the time it takes to secure permits is a barrier to investing in Europe and accelerating this process should be a top EU priority, ...

Temu is spending like a billionaire to become America’s e-commerce champion, leaving winners and losers in its wake. The popular shopping app from China’s Pinduoduo (PDD.O) aired ...

Oil prices rose slightly on Tuesday on fears Middle East tensions could disrupt supply, but uncertainty about the pace of potential US interest rate cuts and the ensuing impact on ...

Saudi Arabia’s U-turn on its oil capacity expansion plans was because of the energy transition, its energy minister said on Monday, adding that the kingdom has plenty of spare ...

Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is “fully behind” a recently devised strategy to re-invigorate the company, even as some other investors remain sceptical ...

Tesla Inc (TSLA.O) has temporarily cut prices of some of its Model Y cars in the US until Feb. 29, less than a month after the carmaker cut Model Y ...