International

Chip shares dragged Asian indexes lower on Wednesday and European futures fell after growth concerns drove the steepest selloff in a month on Wall Street and investors wiped $279 billion from ...

Shares of AI heavyweight Nvidia (NVDA.O) tumbled 9.5 per cent on Tuesday in the deepest ever single-day decline in market value for a US company, as investors softened their optimism ...

Eurozone manufacturing activity remained mired in contraction in August, a survey showed this week, with the data suggesting a recovery could be some way off as demand fell at its ...

European Central Bank policymakers are increasingly at odds on the outlook for growth, a rift that could shape the rate cut debate for months with some fearing a recession and ...

British lenders approved the highest number of mortgages in July since the start of the “mini-budget” crisis in 2022 under former Prime Minister Liz Truss, according to Bank of England data ...

Turkey’s economy expanded by a less-than-expected 2.5 per cent in the second quarter of the year, data showed this week, cooling in the face of a year-long monetary tightening drive. ...

Turkish state energy company Botas and British oil major Shell (SHEL.L) will sign a long-term LNG agreement on Monday, the Turkish Energy Ministry said. It said Energy Minister Alparslan ...

British government plans to increase a windfall tax on North Sea oil and gas producers would lead to a nearly 12 billion pound ($16 billion) drop in revenue to the state and ...

Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in China and the US, the world’s two ...

The European Central Bank would be “wise” to deliver another interest rate cut in September, French policymaker Francois Villeroy de Galhau said, warning there was a risk of undershooting its ...

The global smart personal audio market, which includes True Wireless Stereo (TWS) devices, wireless earphones, and wireless headphones, experienced a robust recovery in the second quarter of 2024.  According to a ...

The African smartphone market experienced modest growth in the second quarter of 2024, with shipments rising by 6 per cent year-on-year to reach 17.8 million units, according to the latest research from Canalys.  ...

The sudden resignation of a high-profile Intel board member came after differences with CEO Pat Gelsinger and other directors over what the director considered the US company’s bloated workforce, ...

Facebook owner Meta Platforms has struck a deal to buy geothermal power from Sage Geosystems to supply its US data centres, as it races to build out the infrastructure to ...

South Korean President Yoon Suk Yeol has called for digital sex crimes to be thoroughly investigated after media reported that sexually explicit deepfake images and videos of South Korean women ...

UBS Global Wealth Management has raised the odds of a US recession to 25 per cent from 20 per cent, citing weakness stemming from softer jobs growth and the July unemployment data ...

The US Commerce Department has announced that it plans to award $50 million to HP (HPE.N) to support the expansion and modernization of an existing company facility in Oregon that ...

South African authorities should introduce regulatory ‘sandboxes’, or controlled testing grounds, to spur innovation in the country’s growing digital platform sector, according to tech investor Naspers (NPNJn.J) and ...

OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate for overproduction counter the impact of ...

Chinese electric vehicle (EV) giant BYD (002594.SZ) has signed an agreement with Huawei (HWT.UL) to use the Chinese tech conglomerate’s advanced autonomous driving system in its off-road Fangchengbao ...

Nasdaq (NDAQ.O) is seeking the green light from regulators to launch and trade options on a bitcoin index, according to an announcement from the exchange operator. The US Securities ...

Sony announced this week that it is raising the price of its PlayStation 5 (PS5) games console in Japan by about 20 per cent. The Japanese company cited a difficult external environment ...

India will launch a platform to transfer credit to small and rural borrowers, catering to the large unmet demand across various sectors, especially agricultural and small companies, according to the ...

The Bank of Israel kept interest rates unchanged this week for the fifth-straight meeting, citing geopolitical uncertainty that has raised economic risks, along with rising inflation, and said rates would ...