International

Intel (INTC.O) shares fell 5 per cent on Wednesday, as ballooning losses at its contract chip-making business signaled the company could take years to catch up with the profitability of ...

Global securities watchdog IOSCO on Thursday proposed detailed guidance on how regulators should supervise stock exchanges more closely to negate risks from changes in business practices. IOSCO, which groups financial ...

US layoff announcements rose 7 per cent in March to the highest since January 2023, led by technology and government-sector job eliminations, though cuts announced year to date are down 5 per cent ...

The dollar hit a one-week low on Thursday as recent economic data supported expectations for quick rate cuts in the US, while the battered yen was little changed against other ...

Cryptocurrency ether is struggling to keep pace with soaring big brother bitcoin. The no. 2 cryptocurrency, which commands less than a fifth of the $2.7 trillion crypto market, has not done poorly. ...

Growth in the United Arab Emirates’ non-oil business sector eased a little in March, a survey showed on Wednesday, with supply constraints from shipping disruption in the Red Sea contributing ...

British supermarket total sales rose by 5.4 per cent year-over-year in the four weeks to March 23 as slowing inflation encouraged shoppers to increase their purchases, industry data showed on Wednesday. The ...

Strong demand helped drive non-oil business activity in Saudi Arabia in March, with output accelerating to a six-month high, a survey showed on Wednesday. The seasonally-adjusted Riyad Bank Saudi Arabia ...

British lenders approved the highest number of mortgages in February since September 2022, when new lending slumped due to bond market turmoil caused by Liz Truss’ premiership, Bank of England data ...

Turkey’s annual inflation rate climbed to 68.5 per cent in March, data showed on Wednesday, underscoring a major reason for the massive losses sustained by President Tayyip Erdogan’s party ...

Fitch Ratings maintained Israel’s ‘A+’ sovereign credit rating on Tuesday and removed the country from “rating watch negative” (RWN) but said Israel’s war against Islamist group Hamas in ...

Russia’s Baltika Breweries has sued four Carlsberg subsidiaries for damages amounting to 6.24 billion Danish crowns ($902 million), Russian court filings showed, as the two parties fight over the future of ...

Google agreed to destroy billions of data records to settle a lawsuit claiming it secretly tracked the internet use of people who thought they were browsing privately. Terms of the ...

British house prices rose in March at their fastest annual pace since December 2022, adding to signs of a modest recovery in the market which has been squeezed by high interest ...

UBS (UBSG.S) on Tuesday announced it was launching a new share buyback programme of up to $2 billion, with up to half being completed in 2024. The scheme will begin on ...

Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consortium (BRC) said on Tuesday, adding to signs that the country’...

European Union countries’ budget cuts have eaten into layers of government that need now to be reinforced given their vital role in the transition to a more green and digital ...

Runaway prices at US fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s (MCD.N) and Wendy’s (WEN.O) ...

Britain’s government has been urged to provide more support for the software industry with measures including tax incentives and talent visas. More than 120 industry leaders have called for government ...

HSBC has said that it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast ...

Russia’s central bank only considered keeping its key rate unchanged at 16 per cent at the March meeting, as it believes the current decline in inflation pressure is less pronounced ...

Top London-focused landlords are betting on environmentally compliant office spaces at prime locations that offer higher rents as tenants become more selective in their real estate investments amid hybrid work ...

Nvidia earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering the new era of generative AI developers from startups to Microsoft (MSFT.O), OpenAI ...

As Europe seeks to hold its ground against economic rivals, politicians think they have a secret weapon: the untapped savings of its citizens. From Italy selling government bonds to households, ...