International

The Paris Olympics is giving a much-needed lift to the French economy thanks to increased consumer spending, according to a report from U.S bank card and financial transactions firm ...

Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power. Profit ...

Britain’s jobs market showed further signs of cooling last month and employers increased pay more slowly, according to a survey which will form part of the Bank of England’...

Etihad Airways reported a 48 per cent increase first-half profit on Thursday, helped by an increase in passenger and cargo revenue, ahead of possible stock market listing of the Abu Dhabi ...

Yum Brands (YUM.N) beat expectations for second-quarter profit as strength in the US Taco Bell business and cost controls helped offset a sales hit from weak demand at KFC ...

Maersk (MAERSKb.CO) expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by ...

Turkey has blocked access to the popular video game platform Roblox (RBLX.N) over concerns about content that could lead to child abuse, the country’s justice minister said. “Our ...

The interest rate for the most popular US home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy ...

Dubai’s main airport is on track to handle a record number of passengers this year after an 8 per cent year-on-year increase in the first six months, operator Dubai Airports ...

British house prices rose by the most six months in July, according to figures published on Wednesday by mortgage lender Halifax that suggested fresh momentum in the property market. House ...

Britain’s economy grew more strongly than previously thought in 2022, according to revised official data that gave more weight to the oil and gas sector which was buoyed by high ...

Oil prices bounced back from multi-month lows on Wednesday on concerns that an escalating conflict in the Middle East could hurt oil production, even as worries about weak crude demand ...

The sharp decline in international stock indices earlier this week served as a reminder of the fragile economic balance on the global stage, according to economist Tassos Yiasemides. Speaking to ...

A meltdown in world equity markets in recent days is more reflective of a wind-down of carry trades used by investors to juice their bets than a hard and fast ...

Britain’s top eight banks including HSBC, Barclays, Lloyds and NatWest could be wound down in a crisis without the immediate need for taxpayer cash, the Bank of England said ...

Oil giant Saudi Aramco (2222.SE) on Tuesday reported a 3.4 per cent fall in second-quarter profit on lower crude volumes and softer refining margins, yet kept its generous dividend policy unchanged, ...

Global stocks rose in jittery trading on Tuesday, as the uncertainty generated by the previous day’s aggressive selloff weighed on investor sentiment, even though central bank officials said all ...

The number of foreign tourists in Spain jumped 13 per cent in the first-half of 2024, putting the country on track for another record year for visitor numbers despite growing discontent over ...

Britain’s financial watchdog has announced that it has widened the range of “dormant” assets, or money in financial firms’ accounts to tap a potentially extra 880 million pounds ($1.12 billion) to ...

Growth in Saudi Arabia’s non-oil sector eased in July from the previous month, with new orders increasing at the slowest pace in two and a half years, a survey ...

The United Arab Emirates’ non-oil private sector expanded at its slowest pace in almost three years in July, a survey showed on Monday, with both output and new order growth ...

Bitcoin and ether plunged on Monday to multi-month lows as worries over a possible US recession in the wake of soft data gripped financial markets and triggered a rush to ...

Stock markets tumbled on Monday and Japanese shares plummeted a gut-wrenching 13 per cent as fears the United States could be heading for recession sent investors rushing from risk while wagering ...

By Geoffrey Ditta The allure of Europe’s capitals and major cities is undeniable. For decades, people have flocked to them to work in industry, set up businesses, and seek ...