International

Morgan Stanley’s (MS.N) third-quarter profit dropped less than expected as a strong performance in the bank’s wealth management division offset a hit from lethargic dealmaking. The wealth ...

Social media platform X, formerly known as Twitter, said on Tuesday it will test a new subscription model under which it will charge a $1 annual fee for basic features. The ...

Electric vehicle manufacturer Tesla on Tuesday urged the Biden administration to finalize much tougher fuel economy standards through 2032 than US regulators have proposed. The National Highway Traffic Safety Administration (NHTSA) ...

Rolls-Royce (RR.L) said on Tuesday it would cut up to 2,500 jobs as its new chief executive seeks to build a more efficient business, the latest boss to attempt to ...

Growth in British workers’ regular pay – which is being watched closely by the Bank of England – slowed from a previous record high and job vacancies also dropped, official figures showed ...

The US auto regulator on Tuesday said Tesla (TSLA.O) will recall 54,676 Model X vehicles manufactured between 2021-2023, as the vehicle controller is likely to fail to detect low brake ...

Netflix’s (NFLX.O) crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases ...

Microsoft’s (MSFT.O) LinkedIn said on Monday it would lay off 668 employees across its engineering, talent and finance teams in the second round of job cuts this year for ...

British clothing and food retailer Marks & Spencer (MKS.L) said on Monday it plans to recruit 10,000 temporary workers for the Christmas season, a more than 40 per cent increase on ...

Asking prices for homes in Britain have risen at their slowest pace for the time of year since 2008, property website Rightmove said on Monday in a latest sign of how ...

Finance executives at top British firms are more wary about borrowing than at any time since at least 2007, according to a survey which underscored how the climb in interest rates ...

Oil prices slipped on Monday after surging last week, with investors waiting to see if the Israel-Hamas conflict draws in other countries – a development that would potentially drive up prices ...

Big Tobacco firms including British American Tobacco (BATS.L) are selling heat sticks made from nicotine-infused substances such as rooibos tea, countering an incoming European Union ban on flavoured heated ...

Britain and South Korea have agreed to extend a period of low or zero tariffs on bilateral trade by two years, ahead of talks to forge a new trade deal, ...

Adobe (ADBE.O) last week said it is rolling out new image-generation technology that can draw inspiration from an uploaded image and match its style, in its latest push to ...

Europe’s telecoms operators pushing for Big Tech to help pay for the rollout of 5G and broadband will likely have to wait for the next European Commission to decide ...

The head of Germany’s cartel office has warned that artificial intelligence may boost Big Tech’s market power and regulators should be on the lookout for any anti-competitive behaviour. ...

HP Inc (HPQ.N) recently released a forecast showing that its fiscal 2024 earnings will largely be in line with estimates and raised its annual dividend, reflecting stabilizing demand in the ...

The Australian government said this week that it planned to introduce laws that would empower the central bank to regulate digital wallet providers including Apple Pay (AAPL.O) and Alphabet’...

AMD said this week that it plans to buy an artificial intelligence startup called Nod.ai as part of an effort to bolster its software capabilities. In its race to ...

Samsung Electronics (005930.KS) on Wednesday said its preliminary third-quarter profit dropped by a smaller-than-expected 78 per cent, as the battered memory chip market shows early signs of recovering from a severe ...

Britain’s financial regulator this week said it was stopping peer-to-peer platform rebuildingsociety.com from approving financial promotions for Binance and other crypto asset firms, days after Binance announced it ...

German carmaker BMW (BMWG.DE) saw group sales of its battery-electric vehicles surge by 79.6 per cent year on year in the third quarter of 2023 to 93,931 units, the company said on ...

Electric vehicle (EV) sales in the United States jumped to more than 300,000 for the first time in the third quarter, but industry leader Tesla’s market share slipped to the ...