International

Saudi Arabia’s Public Investment Fund accounted for about a quarter of the almost $124 billion spent by sovereign wealth funds worldwide last year, a report published on Jan. 1 showed. PIF’...

China’s BYD Co (002594.SZ), the world’s biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, sold about 3.02 million vehicles in 2023, an increase of 61.9 per cent, it said ...

Microsoft Corp’s (MSFT.O) plan to end support for Windows 10 operating system could result in about 240 million personal computers (PCs) being disposed, potentially adding to landfill waste, Canalys Research ...

Fintech company Revolut’s revenue rose to a record 923 million pounds ($1.1 billion) in 2022, helped by interest income growth, but net profit fell sharply to 6 million pounds, the company said in ...

Tesla (TSLA.O) is expected to post another record quarter for electric vehicle (EV) deliveries, likely shy of an ambitious 2 million annual internal target that CEO Elon Musk touted at ...

OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 billion, Bloomberg News reported on Friday, citing people with knowledge of the ...

Chinese electric vehicle giant BYD (002594.SZ), said on Wednesday it has obtained a conditional testing license for level 3 (L3) autonomous driving on high-speed roads. BYD was granted the first such ...

Turkey’s central bank said on Friday it would maintain a reserve “build-up strategy” in 2024 in order to continue an uptrend in its international foreign currency reserves, adding that a ...

Activity in Russia’s manufacturing sector expanded at its fastest pace in almost seven years in December, a business survey showed on Friday, though new export orders contracted for the ...

British shopper numbers at stores on Boxing Day rose from a year earlier, especially in London, research data showed on Wednesday, marking a strong start to the post-Christmas bargain-hunting spree. ...

A huge two-month rally in bond prices, powered by expectations that central banks will soon be cutting interest rates, has rescued fixed income markets from an almost unheard-of third straight ...

Toyota Motor’s (7203.T) global production jumped 11 per cent in November to a record level, bouncing back from last year’s supply chain disruptions and benefiting from robust demand both ...

The dollar slipped to a five-month low on Wednesday and the euro touched a four-month peak on expectations that the Federal Reserve could soon cut interest rates, but thin year-end ...

SoftBank Group Corp (9984.T) said it would receive shares in telco T-Mobile US (TMUS.O) worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up 5 per ...

High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers are set to face tighter supplies well into 2024, amid adverse El Nino ...

“Consumers are still spending, but they’re still price conscious and want to stretch their budgets,” Sundaram said. He said the weeks between Cyber Monday and Super Saturday were a “...

Israel’s government agreed to give Intel (INTC.O) a $3.2 billion grant for a new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday, ...

Major distillers want American drinkers to sip their Old Fashioneds, Negronis and Espresso Martinis this holiday season. But no bartender is required: these cocktails come bottled. Diageo (DGE.L) and ...

Russia’s central bank will need two to three months to make sure that inflation is steadily declining before taking any decision on interest rate cuts, the bank’s governor ...

Russian President Vladimir Putin on Sunday signed a decree clearing the way for Rosbank (ROSB.MM) to purchase stakes in leading Russian companies owned by Societe Generale (SOGN.PA). The ...

US chipmaker Nvidia (NVDA.O) and its employees have donated $15 million to Israeli and foreign non-profit organisations that are supporting civilians affected by Israel’s war with Palestinian militant group ...

Daihatsu said on Wednesday it halted shipments of all its vehicles after a safety investigation found issues involving 64 models, including almost two dozen sold under Toyota’s brand. The company ...

The angular, polarizing design of the Cybertruck will help boost the Tesla brand, the electric vehicle maker’s chief designer said on Thursday, adding that the pickup was no experiment. “...

New machines can improve conditions for workers and boost industrial productivity. By Helen Massy-Beresford On the shopfloor of a Dutch machine manufacturer called Hankamp Gears, workers remove bulky equipment from ...