International

The collapse of Baltimore’s Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson of commercial insurance market Lloyd’s of London (SOLYD....

The pound eased on Thursday after data confirmed the UK economy entered recession in the second half of last year and as the dollar put on a display of broad-based ...

Britain’s financial watchdog set out guidelines earlier this week to stop misleading adverts on social media, and warned “influencers” that promoting a financial product without regulatory approval could be ...

Renault (RENA.PA), opens new tab plans to sell a stake of about 2.5 per cent in Nissan (7201.T), opens new tab shares to the Japanese carmaker in a deal that ...

Japan’s finance minister issued his strongest warning to date on Wednesday about yen weakness as it fell to a 34-year low against the dollar, saying authorities could take “decisive ...

The Federal Reserve said on Tuesday that it officially saw a net negative income of $114.3 billion in 2023, a record loss tied to expenses related to managing the US central bank’...

Boeing’s board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent tenure of CEO Dave Calhoun, with many industry executives ...

A major bridge collapsed in the US port of Baltimore after being struck by a container ship, plunging cars into the river below. Here is what carmakers and other companies, ...

Nissan Motor this week said it would launch 30 new models over the next three years and aim to raise its global sales by 1 million vehicles while cutting costs to improve ...

Independent hotel operators and giant global chains are increasingly linking up in franchise agreements as high-interest rates have slammed the hospitality industry, slowing down new hotel construction. For big chains, ...

Nike warned last week that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world’s largest sportswear maker scales back on ...

India’s economy and stock markets are booming, but its startups are not. Investors, once eager to pump in billions of dollars in promising Indian tech ventures, are now going ...

The pound was little changed on Monday, hovering near its lowest level in a month after investors last week ramped up their bets that the Bank of England will cut ...

With the race to build a new generation of computers heating up, European companies are eyeing the game-changing opportunities. By Tom Cassauwers At some point in the future, the medicines ...

Forests in the EU can help green the European construction industry and bolster a continent-wide push for architectural improvements. By Jessica Berthereau In France’s southwestern Gironde department, where half ...

Cellulose fibres are emerging as a sustainable option for wrapping everything from foods to electronics. By Helen Massy-Beresford Attention supermarket shoppers in Belgium, France and Luxembourg: a test to cut ...

IT services provider Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to curtail spending on its consulting services, sending its shares down around 5.6 per ...

Intel (INTC.O) is planning a $100 billion spending spree across four US states to build and expand factories after securing $19.5 billion in federal grants and loans – and it hopes to ...

Nvidia’s (NVDA.O) stock climbed on Tuesday after the heavyweight chipmaker said its new flagship AI processor is expected to ship later this year and CEO Jensen Huang said ...

European carmaker Stellantis (STLAM.MI) announced on Wednesday that it was acquiring a stake in optical radar start-up SteerLight as it seeks to strengthen its market position and secure access ...

By Zafiris Tzannatos What was once a common practice in authoritarian regimes, such as those of Nazi Germany, the Soviet Union, and Communist Romania, is now being revived all over ...

Memory chipmaker Micron Technology (MU.O) surged 18 per cent earlier this week and was set to open trading at a record high after its strong revenue forecast fanned optimism that ...

Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation of about $5 billion, according to ...

The US government’s antitrust lawsuit against Apple (AAPL.O) draws on the watershed 1998 case that broke Microsoft’s stranglehold on desktop software, but that may prove to be an ...