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.
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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 ...
Tesla (TSLA.O) Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he’s ...
By Maria Demertzis
For all the problems and crises that the EU has gone through in the past 15 years, immigration is one that still proves difficult to address. It cannot ...
Google is exploring using artificial intelligence tools to write news articles and is in talks with news organizations to use the tools to assist journalists, a company spokesperson said late ...
The Turkish central bank introduced 15 per cent required reserves for FX-protected lira deposits, a table published on Official Gazette showed early on Friday.
Bankers said the change in required reserves ...
Microsoft (MSFT.O) was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its bundling of video app Teams into its Office ...
The pound was on track for its biggest weekly fall since February on Friday, as markets reacted decisively to signs that Britain may finally be turning a page on inflation.
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British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food sales after a dip the month before when public holidays disrupted ...
Whisper it, but for all the warnings of a Turkish financial market meltdown if Tayyip Erdogan won May’s presidential vote, some parts of it have done rather well, although ...
Britain’s easyJet (EZJ.L) posted a record pretax profit of 203 million pounds ($262.5 million) for its third quarter, above analysts’ forecasts, on the back of an ongoing rebound in summer ...
Enterprise software provider IBM’s (IBM.N) second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by a decline in sales of its mainframe computers as businesses ...
Treating cryptoassets as a form of gambling would put Britain at odds with global and European Union regulators and fail to mitigate risks from the sector, Britain’s Financial Services ...
Tesla (TSLA.O) CEO Elon Musk signalled on Wednesday that he would cut prices again on electric vehicles in “turbulent times”, even as his all-out price war on automaker rivals ...
The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow’s mayor as showing the resilience of Russia’s auto industry ...
India’s Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major boost for a UK car industry in ...
Swedish truckmaker AB Volvo (VOLVb.ST) on Wednesday logged a better-than-expected 57 per cent jump in second-quarter adjusted operating profit, helped by price hikes.
“We have been successful in improving margins ...