International

British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over 25 per cent, in another sign that a surge in inflation might be ...

The German government and Intel (INTC.O) are expected to ink a deal over the US chipmaker’s planned factory in Dresden, capping months of talks over subsidies needed for ...

Asking prices for British homes fell in June for the first time in six years, indicating an earlier-than-usual summer slowdown amid mortgage market turmoil and expectations of further Bank of ...

Oil prices fell on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in ...

European equities and the euro look set to lose out to US markets in the months ahead, as a stellar run in early 2023 has fizzled out in the face of ...

Intel (INTC.O) is to invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland, as part of a multi-billion-dollar investment drive across Europe ...

Hundreds of social media moderators in Germany – who remove harmful content from platforms such as Facebook and TikTok – are calling on lawmakers to improve their working conditions, citing tough targets ...

SVB Financial Group (SIVBQ.PK) said on Sunday it has entered into an agreement to sell its investment banking division, SVB Securities, to a group led by Jeff Leerink and ...

Toyota Motor (7203.T) said this week it will adopt a technology Tesla (TSLA.O) pioneered known as “Gigacasting” as part of a strategy by the Japanese automaker to improve the ...

Amazon Web Services (AMZN.O), the world’s largest cloud computing provider, is considering using new artificial intelligence chips from Advanced Micro Devices Inc (AMD.O), though it has not ...

Alphabet’s Google said this week it is launching two new artificial intelligence-powered features for advertisers that will automatically find the best ad placements for brands across the tech company’...

By Maria Demertzis Using a strategy of de-risking to deal with an increasingly fragmented world makes good economic sense. President von der Leyen first launched the strategy in a speech ...

By Ioannis Tirkides Erdogan won a third term as Turkey’s president after soundly defeating his challenger Kemal Kilicdaroglu, in a run-off election on May 28, with 52.2 per cent of the ...

Shareholders of Japanese automaker Toyota rejected a resolution urging greater disclosure of its climate lobbying on Wednesday, voting down the first investor proposal to come before the automaker’s annual ...

Uber (UBER.N) said this week that it will shut its food delivery business in Italy and exit Israel, where it has not built sufficient market share. The moves were “...

Tesco (TSCO.L), Britain’s biggest retailer, said the country’s food inflation was starting to ease, signalling some relief for squeezed shoppers and the wider economy as the group ...

The Turkish central bank’s net forex reserves rose some $2.5 billion from a historic low to stand at $-3.17 billion as of June 9, data showed on Thursday, as Ankara loosened ...

The Bank of England looks set to raise interest rates by a quarter point to a 15-year high of 4.75 per cent on June 22, its 13th straight rate rise as it ...

Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down ...

Qatar’s sovereign wealth fund is in talks with Egypt about potentially investing in seven historic hotels there, in what could be a landmark deal between the two countries that ...

Saudi Arabia’s inflation rate was 2.8 per cent in May, slightly higher than 2.7 per cent the previous month, driven by housing costs, government data released on Thursday showed. Higher prices ...

Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets, threatens to trigger a renewed slump in housing activity and financial pain for homeowners on a ...

A hawkish message from the Federal Reserve amid a robust stock market rally is presenting investors with a conundrum: how to maintain exposure to rising equities while also guarding against ...

Russia’s No. 2 lender VTB (VTBR.MM) on Thursday said it would increase the number of countries to which retail clients can send money to 25 from 11, with India and Turkey ...