Speeding up the transition to a greener economy would be cheaper than delaying it for euro zone companies, households and the banks that serve them, a European Central Bank study ...
Britain’s largest homebuilder Barratt Developments (BDEV.L) flagged difficult trading conditions over the coming months after it posted a fall in annual profit on Wednesday, as high mortgage rates ...
German industrial orders fell more than expected in July, pulling back after a sharp gain in the aerospace sector the previous month, the federal statistics office said on Wednesday.
Incoming ...
Business activity in Britain’s services sector fell last month for the first time since January as higher interest rates reduced consumer and corporate demand, a survey showed on Tuesday, ...
Elon Musk withdrew a loan of $1 billion from SpaceX – the two-decade-old rocket company run by the billionaire – around the same time he was acquiring Twitter, now known as X, for $44 ...
María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina’s persistent inflation now running at ...
Higher-than-expected inflation data for August published on Monday prompted JPMorgan to revise its year-end inflation forecast to 65 per cent from 62 per cent with the annual rate now expected to peak ...
Italy and Saudi Arabia are in talks about a potential Saudi investment in Rome’s new strategic fund, Italy’s Industry Minister Adolfo Urso said on Monday, as the two ...
Egypt’s state grains buyer bought about a half a million metric tons of Russian wheat in a private deal, four traders told Reuters, succeeding in negotiating lower prices than ...
Australia’s Qantas Airways (QAN.AX) said its long-serving CEO would bring forward his retirement amid a publicity firestorm over an accusation of illegal ticket sales, signalling what the flagship ...
Turkish depositors mostly converted funds back to dollars last month when they withdrew from state depreciation-protected accounts, according to initial data and senior bankers, as Ankara begins winding down the ...
Mercedes-Benz (MBGn.DE) does not expect its sales in Europe to be all-electric by 2030 but will have its line-up ready, Chief Executive Ola Kaellenius said in an interview at the ...
Continental (CONG.DE) will integrate Google Cloud services into its vehicle cockpit system, the company said on Monday, enabling drivers to ask the vehicle for assistance such as context on ...
Clothes made from recycled textiles are emerging in Europe, highlighting new business opportunities that also reduce the industry’s environmental footprint.
By Sofia Strodt
Two textile plants in southern Finland ...
A chronic shortage of engineers in Vietnam is emerging as a major challenge to the growth of its semiconductor industry and to US plans of fast-tracking the Southeast Asian nation ...
The United States is making $12 billion available in grants and loans for automakers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm ...
The US expanded the restriction of exports of sophisticated Nvidia (NVDA.O) and Advanced Micro Devices (AMD.O) artificial-intelligence chips beyond China to other regions including some countries in the ...
Microsoft (MSFT.O) said this week it would unbundle its chat and video app Teams from its Office product and make it easier for competing products to work with its ...
Advocacy group Noyb on Thursday filed complaints against Google-owned Fitbit in Austria, the Netherlands and Italy accusing the fitness tracking company of violating the European Union’s General Data Protection ...
Cyprus has witnessed a significant increase in the turnover of services during the second quarter of 2023 when compared to the same period in 2022.
This growth has been noted across all ...
Alphabet’s (GOOGL.O) Google said on Wednesday it introduced generative artificial intelligence to its Search tool for users in India and Japan that will show text or visual results ...
A court ruling siding with Grayscale Investments is a big boost for the cryptocurrency industry’s decade-long effort to launch an exchange-traded fund that tracks bitcoin, even if it does ...
To buy back, or not to buy back.
The highest US interest rates in over 20 years coupled with Wall Street’s remarkable resilience has brought an old boardroom dilemma into ...
Turkey’s economy grew by a more-than-expected 3.8 per cent in the second quarter due to strong household spending, data showed on Thursday, but activity should slow through year-end as election-related ...