International

By Maria Demertzis In its spring 2023 inflation forecasts, issued on May 15, the European Commission predicted that euro-area inflation this year will be 5.8 per cent, a little higher than anticipated in ...

Twitter cannot run away from its obligations even after quitting a voluntary EU code of practice to tackle disinformation, EU industry chief Thierry Breton warned the company late on Friday. ...

Poland plans to raise the minimum wage twice in 2024 to help people cope with high inflation, Family and Social Policy Minister Marlena Malag said, as the ruling Law and Justice (...

As medical centres increasingly come under attack from hackers, Europe is bolstering protection. By Tom Cassauwers Amid the Covid-19 pandemic in early 2021, the Irish healthcare system’s computers were breached ...

Nvidia Corp (NVDA.O) on Wednesday forecast second-quarter revenue more than 50 per cent above Wall Street estimates, and said it is boosting supply to meet surging demand for its artificial-intelligence ...

Unions representing teachers, truck drivers and other workers who will be headed soon to the bargaining table turned out in downtown Los Angeles on Friday to support Hollywood’s striking ...

Britain’s departure from the European Union has accounted for about a third of the increase in food bills for households since 2019, equivalent to about 250 pounds ($316), researchers from the London ...

The Turkish central bank’s net forex reserves dropped into negative territory for the first time since 2002, standing at $-151.3 million on May 19, official data showed on Thursday, as it ...

The Turkish lira weakened to a record low of 20 against the dollar on Friday, ahead of this weekend’s presidential election runoff which will decide whether President Tayyip Erdogan extends ...

As the United States stares at the risk of a credit downgrade, former Standard & Poor’s officials stood firm behind their seminal 2011 call to slash the country’s rating ...

Brussels has agreed with Pfizer (PFE.N) and BioNTech (22UAy.DE) to amend a COVID-19 vaccine contract, cutting the number the EU must buy and pushing the delivery deadline to 2026, ...

A US government default would trigger an initial pull-back from crypto currencies followed by a “push upward” the CEO of London-based crypto firm Blockchain.com said on Thursday. The US ...

The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from the statistics office showed on Thursday. Gross domestic product fell ...

Rivalry with China, fallout from Russia’s war in Ukraine and wrangling once again in Washington over the US debt ceiling have put the dollar’s status as the world’...

The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s more traditional export routes, Russian customs records show. The ...

Marks & Spencer (MKS.L) said its latest turnaround strategy was starting to deliver, enabling it to restore its dividend and forecast “modest” revenue growth and a profit outcome ahead ...

What could happen on Main Street if Washington’s political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the economy? Americans could ...

Deutsche Bank and Citigroup admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain’s anti-trust watchdog said, as it provisionally found five banks in breach ...

The head of Qatar Airways voiced scepticism on Tuesday over an aviation industry target of achieving net-zero emissions by 2050, citing inadequate supplies of Sustainable Aviation Fuel and alternative hydrogen designs ...

Britain’s stubbornly high inflation rate fell by less than expected last month and a closely watched measure of core price rises surged to a 31-year high, according to official ...

German travel and tourism company TUI Group recently released a report outlining its performance during the first half of the year, noting a significantly improved second quarter and a strong ...

Microsoft Corp MSFT.O on Tuesday started making available to users a host of AI upgrades, including to ChatGPT, its search engine Bing as well as to cloud services – an ...

As investors try to assess the fallout on global brewing leader Anheuser-Busch InBev (ABI.BR) from a backlash against Bud Light, rival Heineken (HEIN.AS) is spending $100 million to promote ...

The International Monetary Fund no longer expects Britain’s economy to fall into a recession this year, it said on Monday as it upgraded forecasts published last month and warned ...