International

AstraZeneca (AZN.L) plans to invest 650 million pounds ($826.80 million) in Britain to boost research, development and manufacturing of vaccines, the government announced this week as part of Finance Minister Jeremy ...

The European Central Bank kept borrowing costs at record highs on Thursday but took a first, small step towards lowering them, saying inflation was easing faster than it anticipated only ...

Apple (AAPL.O) has been asked to explain why it prevented Fortnite video-game maker Epic Games from launching its own online marketplace on iPhones and iPads in Europe and whether ...

Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis points rate hike in a ...

Oil prices held steady on Thursday, holding onto overnight gains after upbeat Chinese trade data and after US data showed a smaller-than-expected rise in crude inventories and large draws in ...

Once hurt by crises and deflation, the euro is gaining popularity among central bank reserve managers thanks to a return to positive rates and geopolitics challenging king dollar’s appeal. ...

Israel raised a record $8 billion in its first international bond sale since the Oct. 7 Hamas attacks, with very high demand even after Moody’s gave Israel its first ever sovereign ...

Gulf retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people as the business suffers from consumer boycotts linked ...

Global passenger demand increased by 16.6 per cent in January, according to a report released on Wednesday by the International Air Transport Association (IATA), indicating a robust start for the year. “2024 ...

One of Turkey’s mid-sized Mediterranean oil terminals – the Dortyol terminal – will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by ...

Egypt’s central bank said on Wednesday that it had hiked interest rates by 600 basis points at an unscheduled meeting and that it would allow the exchange rate to be ...

Decisions on 60 per cent of corporate loans issued by Russia’s top lender Sberbank (SBER.MM) will be made using artificial intelligence (AI) by the end of this year, CEO ...

British consumer spending slid in February as bad weather kept shoppers at home, according to a survey on Tuesday that showed households remained cautious to spend in the face of ...

American Airlines (AAL.O) on Monday unveiled its biggest plane order since 2011, buying 260 new jets from Airbus (AIR.PA), Boeing (BA.N) and Embraer (EMBR3.SA) as it looks to ...

Britain’s government needs to do a better job of monitoring risks posed by its sales of bonds which have surged after a string of shocks to the economy, a ...

Swiss weapons exports fell by more than a quarter last year, the government said on Tuesday, with critics blaming the country’s neutral stance which has blocked the re-export of ...

Meta Platforms-owned (META.O) Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com. The disruptions started ...

A stronger-than-expected US economy is buoying the dollar, frustrating investors who had bet the currency would wilt under a barrage of interest rate cuts that have yet to materialize. The ...

Sterling’s meandering performance against the dollar could get a jolt this week as Britain’s finance minister faces pressure to cut taxes, but with the gilt turmoil of September 2022 ...

The European Central Bank meets on Thursday, with markets eyeing any nudge towards an interest rate cut as inflation weakens. The ECB, expected to hold rates at a record 4 per ...

Japanese automaker Toyota (7203.T) will announce on Tuesday an 11 billion real ($2.2 billion) investment for the next few years in Brazil, the South American country’s vice-president said on Sunday. Toyota ...

The Swiss National Bank (SNBN.S) posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank said on Monday, as the switch to positive interest rates cost ...

The latest black eye for Boeing’s top-selling 737 MAX aircraft occurred in January when a cabin panel blowout forced an Alaska Airlines (ALK.N) flight to make an emergency landing. ...

Turkey’s annual inflation rate climbed to 67.07 per cent in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel and education prices, ...