International

Temu is spending like a billionaire to become America’s e-commerce champion, leaving winners and losers in its wake. The popular shopping app from China’s Pinduoduo (PDD.O) aired ...

Oil prices rose slightly on Tuesday on fears Middle East tensions could disrupt supply, but uncertainty about the pace of potential US interest rate cuts and the ensuing impact on ...

Saudi Arabia’s U-turn on its oil capacity expansion plans was because of the energy transition, its energy minister said on Monday, adding that the kingdom has plenty of spare ...

Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is “fully behind” a recently devised strategy to re-invigorate the company, even as some other investors remain sceptical ...

Tesla Inc (TSLA.O) has temporarily cut prices of some of its Model Y cars in the US until Feb. 29, less than a month after the carmaker cut Model Y ...

Amazon.com (AMZN.O) founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon ...

Bitcoin rose by 4 per cent to $49,477.75 on Monday, its highest since December 2021. The cryptocurrency has risen some 15.7 per cent so far this year, helped by regulators approving U.S. spot ...

A recent war of words between Italian Prime Minister Giorgia Meloni and Stellantis (STLAM.MI) CEO Carlos Tavares has exposed a tough new reality: Europe’s one-time homegrown national automakers ...

British employers plan smaller pay rises over the coming year than they did three months ago, the first such drop in nearly four years, reflecting less willingness to tolerate higher ...

EU member states and MEPs struck a preliminary deal on Saturday to ease the bloc’s stringent fiscal rules, giving governments more time to reduce debt as well as incentives ...

German software developer TeamViewer (TMV.DE) reported higher-than-expected fourth-quarter revenue on Wednesday, helped by partnerships with tech companies such as Siemens (SIEGn.DE). Analysts at JP Morgan note that overall ...

Amazon.com has begun rolling out a new artificial intelligence assistant that is meant to address shoppers’ product questions, but the feature raises as many questions as it answers. Rufus, ...

Snap (SNAP.N) slumped more than 32 per cent on Wednesday after fourth-quarter revenue missed Wall Street expectations, with the company struggling to compete for advertising dollars against heavyweights such as ...

Thermal decomposition is helping to green two major EU manufacturing industries. By Michael Allen For thousands of years, humans have converted wood into charcoal through a technique called pyrolysis. Now, ...

Payments from crypto-related ransom attacks nearly doubled to a record $1 billion in 2023, blockchain analytics firm Chainalysis said on Wednesday. Scammers targeting institutions such as hospitals, schools and government offices for ...

Simulations of the human body and advanced data promise more personalised medical treatment for a range of illnesses. By Jack McGovan In a laboratory in the Italian capital Rome, Marco ...

Meta Platforms (META.O) has challenged a supervisory fee amounting to 0.05 per cent of its annual worldwide net income aimed at covering EU regulators’ costs of monitoring compliance with new ...

Walt Disney (DIS.N) CEO Bob Iger hit back at activist investors on Wednesday with a slew of announcements, including a splashy investment in “Fortnite” maker Epic Games and plans ...

Alphabet (GOOGL.O) plans to seek external investment for GFiber, its business selling Wi-Fi and internet connectivity in parts of the United States, the company told Reuters on Monday, as ...

Before Moscow’s invasion of Ukraine two years ago, Russia’s Nasdaq-listed search engine giant Yandex (YNDX.O) was briefly worth $30 billion. This week, a consortium of domestic investors agreed ...

Nintendo (7974.T) on Tuesday raised its full-year Switch sales forecast to 15.5 million units from 15 million units previously, as the company squeezed sales out of the aging console over the year-end ...

Microsoft will provide 2 million people in India with AI skilling opportunities by 2025, CEO Satya Nadella said on Wednesday, adding that it is imperative for India and the United States to ...

By Luigi Scazzieri Europeans have struggled to form a coherent response to the Israel-Hamas conflict that erupted after Hamas’ brutal attacks on October 7th. As the death toll has risen, ...

Barclays (BARC.L), Britain’s biggest lender to the oil and gas industry, told Reuters it will stop direct financing of new oil and gas fields and restrict lending more ...