A look at the day ahead in US and global markets from Mike Dolan
Far from the recession forecasts of earlier this year, US economic growth may actually be accelerating ...
Carlsberg CARLb.CO was “shocked” by Russia’s seizure of its business in the country last month and the brewer is no closer to knowing what might happen next, its ...
Casino operator MGM Resorts International MGM.N is finding Formula One’s inaugural stop in Las Vegas is as much of a draw as its slot machines this year, and ...
Amid international supply-chain disruptions, the EU is stepping up efforts to ensure the European food system benefits family farmers, Europe’s regions and its consumers.
By Alex Whiting
When Paolo ...
Walt Disney (DIS.N) has created a task force to study artificial intelligence and how it can be applied across the entertainment conglomerate, even as Hollywood writers and actors battle ...
Japan’s Sony (6758.T) this week said first-quarter profit tumbled due to weaker performances from its movies and financial businesses.
In April-June, operating profit slid 31 per cent to 253 billion yen ($1.8 ...
When artificial intelligence (AI) apps started spreading in Nigeria’s music industry, Eclipse Nkasi thought his days as a producer were numbered.
Then he took a step back, saw there ...
British homeware and household goods discount retailer Wilko said it had fallen into administration on Thursday, putting its 400 stores and 12,500 jobs in danger if a buyer can’t be found.
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Payments giant PayPal (PYPL.O) said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers.
...
German inflation eased in July, the federal statistics office said on Tuesday, confirming preliminary data.
German consumer prices, harmonised to compare with other European Union countries, increased by 6.5 per cent ...
British retailers suffered from heavy rain in July on top of the impact of high inflation with sales growth dropping to an 11-month low, a survey showed on Tuesday.
The ...
Moody’s cut credit ratings of several small to mid-sized US banks on Monday and said it may downgrade some of the nation’s biggest lenders, warning that the sector’...
Tesla (TSLA.O) finance chief Zachary Kirkhorn has stepped down, surprising analysts who considered the company veteran of 13 years as a possible successor to CEO Elon Musk.
The world’s ...
British employers reduced the number of new permanent staff they hired through recruitment agencies by the most since mid 2020 last month due to concerns about the economic outlook, adding to ...
Turkey plans to impose a quota on imports of unprocessed gold in order to reduce the negative impact on the current account balance, according to a source familiar with the ...
British house prices fell in July for a fourth month and the slide looks set to extend into 2024, but the market showed some signs of resilience despite a rise in ...
Oil prices hovered near their highest levels since mid-April after top producers Saudi Arabia and Russia pledged to extend supply cuts through September, further tightening supplies.
Prices have seen a ...
Around 80 per cent of Hong Kong-based investment banking staff at Credit Suisse will be made redundant starting this week, two people with knowledge of the matter said, as part of ...
The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some US banks are not prepared to borrow from the Federal Reserve if they need to, ...
MP Materials (MP.N) and other Western companies are seeking to develop supplies of processed rare earths needed for the green energy revolution in a sector dominated by China.
The 17 ...
Kraft Heinz (KHC.O) missed quarterly sales estimates last week as inflation-hit customers bought fewer packaged meals and condiments, discouraged by higher product prices.
Shares of the Jell-O maker were ...
Yum Brands (YUM.N) topped market estimates for quarterly results last week, as cheaper meals and promotional offers at its KFC restaurants boosted demand and overshadowed lackluster traffic at Taco ...
Wix.com (WIX.O), which helps small businesses build and operate websites, swung to a net profit in the second quarter that was more than double forecasts and raised estimates ...