International

By Simone Tagliapietra A report on the future of European competitiveness, prepared by former Italian prime minister Mario Draghi and long awaited in Brussels, is finally out. It is expected ...

UBS Asset Management has been selling corporate bonds in its global portfolios during market rallies, a senior fund manager said, citing concerns that a slowing economy or the looming US ...

Adobe will unveil a new generative AI-powered video creation and editing tool in a limited release later this year, the software maker has said, as it looks to beef up ...

Abu Dhabi’s Etihad Airways plans to make its stock market debut no sooner than 2025, two people familiar with the matter said, in potentially the first IPO of a major ...

Visa (V.N) plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant’s general manager for Pakistan, North ...

Russia’s digital development ministry plans to allocate nearly 60 billion roubles ($660 million) over the next five years to improve the system used to censor web traffic, a government proposal seen ...

It is hard for Dogan Duman to see how he can keep his garment factory in central Turkey running much longer, even after firing a third of his staff to ...

The energy unit of Japan’s Panasonic Holdings (6752.T) has finalised preparations for the mass production of its 4680 electric-vehicle batteries, the company said this week, as it seeks to start ...

Samsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30 per cent of its overseas staff at some divisions, three sources with direct ...

Japan’s economy grew at a slightly slower pace than initially reported in the second quarter, hurt by downward revisions in corporate and household spending that point to a bumpier ...

HSBC is mulling the combination of its Commercial and Investment banking divisions to eliminate overlapping roles at the lender and cut costs, according to Bloomberg News, citing people familiar with ...

Australia plans to set a minimum age limit for children to use social media citing concerns about mental and physical health, sparking a backlash from digital rights advocates who warn ...

Britain’s financial watchdog said this week it had granted an extension for ‘naming and marketing’ rules aimed at tackling ‘greenwashing’, giving firms until April 2025 to comply. It said funds ...

The United Arab Emirates’ economy grew 3.4 per cent in the first quarter of 2024 compared with the same period the previous year, according to preliminary government estimates reported by the state ...

Microsoft (MSFT.O) held a summit this week to discuss steps to improve cybersecurity systems, after a faulty software update from CrowdStrike (CRWD.O) caused a global IT outage in ...

Britain’s shift towards a services-dominated economy is accelerating, pushing manufacturing’s share of economic output to a historic low and setting the nation apart from its global peers. Recent ...

Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the end of October as a way of prolonging their life cycle and ...

US central bankers will likely start long-awaited interest-rate cuts next week with a quarter-of-a-percentage-point reduction, as stubbornly intact underlying price pressures put them off more aggressive action. Traders now see ...

The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters, but provided almost no clues to its next step, even as investors bet ...

The European Central Bank is almost certain to cut interest rates again on Thursday, but with inflation risks simmering despite anaemic growth, investors will be combing its message for clues ...

Britain’s economy stagnated for a second month running in July as manufacturing output dropped sharply, an inauspicious start for the new government of Prime Minister Keir Starmer who wants ...

The Bank of England will keep its main interest rate at 5.00 per cent next week but reduce it in November even though inflation is expected to stay above the central ...

Budget airline Wizz Air on Wednesday announced the arrival of its first Airbus A321XLR (Extra Long Range) aircraft, which will be joining its UK fleet at London Gatwick on ...

UK grocery inflation edged lower in the four weeks to Sept. 1, data from market researcher Kantar showed this week, after rising for the first time in 18 months in last month’...