International

The International Monetary Fund cut its 2023 GDP growth projection for Saudi Arabia to 1.9 per cent in its latest World Economic Outlook update released on Tuesday, to reflect the impact of ...

British luxury carmaker Aston Martin’s (AML.L) second-quarter results beat market expectations on Wednesday, powered by higher prices and demand for its DBX707 sports utility vehicle and limited edition ...

Deutsche Bank (DBKGn.DE) on Wednesday posted a 27 per cent fall in second-quarter profit as investment banking revenue slumped and warned of the need for cost cuts even though higher ...

A slide in the dollar and signs that volatility is returning to foreign exchange markets as interest-rate hikes bite is causing investors to reassess wildly popular carry trades and to ...

The International Monetary Fund confirmed its latest forecast for British economic growth this year, saying cheaper energy, better relations with the European Union and calmer financial markets had improved the ...

Morgan Stanley cut Israel’s sovereign credit to a “dislike stance” on Tuesday after the country’s parliament passed the first in a series of laws sought by Prime Minister ...

Nestle (NESN.S) and Danone (DANO.PA) are among firms whose product prices in France have risen by more than 10 per cent this year, data shows, potentially putting them under ...

The U.S. Department of Education is investigating whether Harvard racially discriminates by favoring applicants with ties to donors and alumni in its admissions process, according to a letter from ...

Britain is sticking to its plan to ban the sale of new petrol and diesel cars from 2030 but some measures to reduce the carbon footprint of residential homes will be ...

Apple (AAPL.O) on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees. ...

Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta (META.O) and Microsoft (MSFT.O) already have intellectual property rights to the ...

Eurozone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined while factory output fell at the fastest pace since COVID-19 ...

Adidas (ADSGn.DE) got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes, better than the company’s “most optimistic forecast,” the Financial Times ...

A little-publicized clause in the US Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race ...

Major brands, including the investment arm of the IKEA group, are following automakers’ lead in snapping up stakes in suppliers of raw materials and energy, seeking greater control over their ...

The European Central Bank looks set to pull the rate-hike trigger on Thursday, but what it will do after July is less certain and financial markets are craving some guidance. ...

Turkey has raised the euro-lira conversion rate for medicine prices by 30.5 per cent to 14.0387 lira per euro, the country’s Official Gazette showed on Sunday. The updated conversion rate is ...

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to persistent strength in the labour market. Initial claims for state unemployment benefits dropped 9,000 to ...

Cell-cultivated meat companies could receive new investment since US regulators cleared the product’s sale last month, but the sector must scale up and lower costs to seriously challenge conventional ...

Q: How does the world’s biggest pizza brand respond to high inflation in the world’s most populous nation? A: With the world’s cheapest Domino’s pizza. The 49...

Streaming video pioneer Netflix (NFLX.O) disappointed Wall Street with second-quarter revenue that fell short of analyst estimates, sending shares tumbling nearly 9 per cent in after-hours trading. The revenue figure, ...

It is Barbie’s world, and U.S. small businesses hope their social-media marketing can help them cash in on it. From Malibu makeovers to striped dog bandanas to hot ...

Meta (META.O) is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to ...

Microsoft (MSFT.O) this week said it would charge at least 53 per cent more to access new artificial intelligence features in its widely used office software, in a glimpse at ...