A growing number of private equity funds are opening offices in the Gulf, hoping to deepen their ties with cash-rich sovereign wealth funds and families in the region as funding ...
Construction of one of Germany’s tallest buildings has suddenly halted midway after the developer stopped paying its builder, yet another ominous sign for the nation’s troubled property sector.
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British supermarket group Sainsbury’s forecast full-year profit at the upper half of previous guidance as it reported slightly better-than-expected flat profit for the first half due to demand for ...
Kraft Heinz (KHC.O) this week raised its 2023 profit estimates for the second time this year after topping quarterly earnings estimates on higher prices for its packaged meals and condiments, ...
Japanese Prime Minister Fumio Kishida said on Thursday the government will spend over 17 trillion yen ($113 billion) on a package of measures to cushion the economic blow from inflation, which will ...
The pound rose on Thursday after the Bank of England held interest rates at a 15-year high but stressed that it did not intend to cut them any time soon.
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The Turkish central bank hiked required reserves for FX-protected lira deposits by 5 percentage points, according to a decision published in the Official Gazette early on Thursday.
The central bank increased ...
Luxury sports carmaker Ferrari (RACE.MI) has no plans to transfer its registered office from the Netherlands at the moment, a spokesperson for the company said on Wednesday.
Earlier on ...
A technical glitch that cancelled all flights departing from Turkey’s biggest city of Istanbul on Wednesday is now fixed and operations are returning gradually to normal, Turkey’s flag-carrier ...
The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that ...
British house prices unexpectedly rose by almost 1 per cent in October but the increase was due more to a lack of homes for sale than a turnaround in the market ...
Toyota Motor (7203.T) more than doubled its second-quarter profit and sharply raised its full-year outlook on Wednesday, as a weaker yen currency bolstered the impact of robust global sales.
The ...
Former Russian president Dmitry Medvedev sneered at the Danish brewer Carlsberg CARLb.CO on Wednesday for having thought it could quit Russia without penalty after the West sanctioned Moscow for ...
British luxury carmaker Aston Martin (AML.L) posted a bigger than expected quarterly loss on Wednesday and lowered its 2023 volume outlook due to production issues for its new DB12 sports ...
Tesla (TSLA.O) is aiming to make 200,000 units of its electric pickup truck, Cybertruck, per year, Chief Executive Officer Elon Musk said on Tuesday.
The company had earlier said that ...
Prices in British store chains rose at the slowest pace in more than a year in October, according to industry data that adds to signs that the country’s high ...
Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 820,500 Hong Kong-listed shares of electric vehicle maker BYD Co (002594.SZ) for HK$201.73 million ($25.78 million), a stock exchange filing showed.
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Almost three in 10 UK consumers plan to spend less in the festive period this year than last year, reflecting the impact of the ongoing cost-of-living crisis, according to survey data ...
Euro zone inflation dropped to its lowest level in over two years in October, as energy prices fell and the high interest rates set by the European Central Bank dampened ...
Britons are turning to unregulated “buy-now-pay-later” credit in ever increasing numbers to pay their bills, the Financial Conduct Authority said on Tuesday, in the latest sign of how the country’...
The Bank of England is expected to keep interest rates at their 15-year high on Thursday as it battles an inflation rate that is more than three times as high ...
Apple (AAPL.O) on Monday introduced new MacBook Pro and iMac computers and three new chips to power them, with the company saying it had redesigned its graphics processing units (...
Britain said on Monday it would legislate to implement its first set of rules to regulate the crypto sector, requiring market participants to be authorised before they can offer services ...
Treasury market participants expect US regulators to soon finalize a major rule aimed at reining in debt-fueled bets by hedge funds and bolstering financial stability. They worry it could also ...