International

The European Central Bank faces a difficult balancing act on Thursday as it likely slashes its forecasts for growth and inflation while trying to temper speculation about imminent interest rate ...

PDD Holdings’ (PDD.O) international facing discount e-commerce platform, Temu, filed a lawsuit in a US District of Columbia court on Wednesday alleging rival Shein employed “Mafia-style intimidation” to coerce ...

Pfizer (PFE.N) on Wednesday forecast 2024 sales that could be as much as $5 billion below Wall Street expectations, a move top executives said provided a more reliable view of its ...

Argentina’s government allowed the peso currency to plunge over 50 per cent to 801 per dollar on Wednesday as markets cautiously welcomed the first details of President Javier Milei’s plans ...

Tesla (TSLA.O) is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced driver-assistance system to install new safeguards, after a federal safety regulator said ...

A winding down of the post-pandemic spending frenzy is hitting European luxury companies from LVMH (LVMH.PA) to Kering (PRTP.PA), but none more than Farfetch, an e-commerce pioneer. Founded ...

Britain’s economy shrank in October, official data showed on Wednesday, raising the risk of a recession and testing the Bank of England’s resolve to stick to its tough ...

With Zara-owner Inditex (ITX.MC) and H&M (HMb.ST) set to disclose their most recent sales results, investors will be focused on one major question: how are the ...

Netflix is set to pull ahead of Disney+ in the race for US advertising dollars next year as price hikes and a password-sharing crackdown pull more viewers to its ad-supported ...

British wage growth slowed more than expected in the three months to the end of October, official data showed, but pay is probably still increasing too quickly to persuade the ...

“Fortnite” maker Epic Games has prevailed in its high-profile antitrust trial over Alphabet’s Google (GOOGL.O), which alleged the Play app store operated as an illegal monopoly, in a ...

If 2022 was the year that “broke bitcoin”, 2023 has been the year of trauma recovery. Bitcoin has bounced pluckily in the face of depressed crypto prices, low trading volumes and tough ...

Global Futures and Options (GFO-X), a digital assets trading platform, said on Monday that Britain’s M&G Investments (MNG.L) has led a $30 million second round of funding ...

Quality Street maker Nestle and Cadbury owner Mondelez (MDLZ.O) are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapped shoppers seeking cheaper gifts. Shoppers hit ...

Electric vehicle drivers hoping to top up their batteries at one of Repsol’s (REP.MC) 1,600 Spanish charging stations might well be disappointed, with nearly half lying dormant because they ...

Toyota Motor (7203.T) said this week it would increase its line-up of battery electric vehicles in Europe to six models by 2026 and it expected such vehicles to make up more ...

Nvidia (NVDA.O) CEO Jensen Huang said this week that his company would do its best to supply its artificial intelligence processors to Japan amid extremely high market demand. Japan ...

Marijuana shows promise in treating illnesses ranging from depression and addiction to arthritis and epilepsy. By Vittoria D’Alessio Callie Seaman was 16 when she started smoking cannabis to control her ...

How to sum up the most important news of the year past? The obvious answer in 2023 is to use Artificial Intelligence. In that spirit, I asked OpenAI’s ChatGPT and ...

A group representing 83 Spanish media outlets this week said it has filed a 550 million euro ($598 million) lawsuit against Facebook owner Meta Platforms (META.O), citing unfair competition in the advertising ...

Japanese electronic parts maker TDK Corp (6762.T) will manufacture lithium ion (li-ion) battery cells for Apple (AAPL.O) iPhones in India, a minister said earlier this week. Apple has been ...

The Bank of England looks set to stick to its tough line against talk of interest rate cuts in Britain, even as other leading central banks signal that they might ...

Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, ...

Britain’s “big promises” to boost the financial sector’s post-Brexit global competitiveness have been a “damp squib”, with many of the changes yet to be implemented and none so ...