International

urkey’s tourism revenues jumped 23.1 per cent to $12.98 billion in the second quarter, Turkish Statistical Institute data showed on Monday, maintaining a strong trend in the sector. Revenues in 2022 surged 53.4 ...

European travel stocks stumbled into some profit-taking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively attractive valuations and solid demand will ...

Manchester United (MANU.N) on Monday renewed the soccer club’s partnership with official kit supplier Adidas (ADSGn.DE) for 10 more years and a minimum cash guarantee of 900 million pounds ($1.16 ...

Israel’s economy may face ratings downgrades, falling foreign investment and a weaker tech sector if turmoil arising from the government’s contentious judicial reforms continues, investors and analysts warn. ...

Coca-Cola Co (KO.N) raised its annual revenue and profit forecasts after beating quarterly results on the back of higher pricing, with demand for its sodas remaining resilient at a ...

Porsche (P911_p.DE) has a plan to gradually electrify its car lineup so that electric vehicles make up 80 per cent of sales by 2030, and it aims to make its ...

German sportswear brand Puma’s (PUMG.DE) second-quarter sales grew by 11 per cent, the company reported on Wednesday, slightly ahead of market expectations thanks to stronger revenues from Asia and ...

Japan’s Nissan Motor (7201.T) on Wednesday posted a 98 per cent rise in first-quarter operating profit to 128.6 billion yen ($913.35 million), beating analysts’ estimates. The result compared with an average estimate ...

EU manufacturers are increasingly embracing digital technologies to improve agility. By Helen Massy-Beresford A plant that makes electric shavers in the northern Dutch town of Drachten is gearing up for ...

Germany plans to invest around 20 billion euros ($22.15 billion) in the semiconductor industry in the coming years, the economy ministry said on Tuesday, as it seeks to attract global chipmakers to ...

US tech giants could signal an end to the nearly year-long slowdown in their cloud businesses as signs of economic resilience encourage clients to boost technology spending, while a pickup ...

By Ioannis Tirkides A world war, especially on European soil, is unthinkable but raises legitimate concerns. The war in Ukraine has now dragged on for a year and a half, ...

Top central banks continued with another round of interest rate hikes this week despite cooling inflation, but have now switched to a more cautious posture about further moves in a ...

Euro bulls are set for an anxious summer ahead as doubts creep in over how far the ostensibly still-hawkish European Central Bank will go with interest rate rises. The euro ...

Meta Platforms (META.O) executives are heavily focused on boosting retention on their new Twitter rival Threads, after the app lost more than half of its users in the weeks ...

Turkey’s new central bank chief pitched a comprehensive monetary policy in her first formal address to the media while her acknowledgment of stark inflation pressures was welcomed by foreign ...

Sony Group Corp (6758.T) has sold more than 40 million PlayStation 5 consoles, its gaming division said on Thursday, citing the easing of supply chain problems. “It took months for supply chains ...

The investment firm of Spanish billionaire Amancio Ortega, the founder of fashion giant Inditex (ITX.MC), on Thursday reported a 2.8 billion-euro jump in the market value of its real estate ...

The European Central Bank raised interest rates for the ninth consecutive time on Thursday and kept the door open to further tightening as stubborn inflation and a growing risk of ...

Seven major automakers on Wednesday said they were forming a new company to provide electric vehicle charging in the US, in a challenge to Tesla (TSLA.O) and a bid ...

Samsung Electronics (005930.KS) on Thursday said the worst is over for the global memory chip market but announced plans to extend production cuts because a demand recovery is largely constrained ...

A look at the day ahead in European and global markets Is the most aggressive US hiking cycle in a generation finished? After Wednesday’s 25 basis point hike, markets seem ...

The International Monetary Fund cut its 2023 GDP growth projection for Saudi Arabia to 1.9 per cent in its latest World Economic Outlook update released on Tuesday, to reflect the impact of ...

British luxury carmaker Aston Martin’s (AML.L) second-quarter results beat market expectations on Wednesday, powered by higher prices and demand for its DBX707 sports utility vehicle and limited edition ...