BMW (BMWG.DE) said on Monday it will invest 600 million pounds ($750 million) at its UK plants to take its iconic Mini brand all-electric by 2030, a fresh boost for Britain’s ...
A global shortage of technicians and independent repair shops qualified to fix electric vehicles (EV) threatens to increase repair and warranty costs for drivers, potentially undermining upcoming deadlines to cut ...
Meta Platforms (META.O) said last week that it will discontinue the “Facebook News” feature on its social media app in the UK, France and Germany, later this year.
Users ...
Apple (AAPL.O) last week said it remained concerned about privacy and security risks it sees in the new EU Digital Markets Act (DMA), after the European Commission had designated ...
The European Union has picked out 22 so-called “gatekeeper” services, run by six of the biggest tech companies in the world, to face new rules as part of its latest crackdown ...
Apple (AAPL.O) has signed a new deal with Arm for chip technology that “extends beyond 2040,” according to Arm’s initial public offering documents filed on Tuesday.
Arm unveiled pricing ...
TikTok has hired British cybersecurity firm NCC (NCCG.L) to audit its data controls and protections, and provide independent verification, as part of the social media company’s data security ...
OpenAI’s ChatGPT, the wildly popular artificial intelligence chatbot launched in November, saw monthly website visits decline for the third month in a row in August, though there are signs ...
By Luigi Scazzieri
Her first year in office has confounded expectations, as Italian Prime Minister Giorgia Meloni blended Atlanticism and pragmatism towards the EU with right-wing populism on immigration, cultural ...
Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude production cuts, highlighting its still heavy reliance on oil as reforms to diversify ...
British house prices have fallen at the fastest pace since 2009 over the past year, reflecting the increasing impact of higher interest rates, mortgage lender Halifax said on Thursday.
Halifax said ...
Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of steam, a fresh sign that aggressive interest ...
Nestle (NESN.S) is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said on Thursday.
Grupo CRM operates a direct-to-consumer model, with more ...
Speeding up the transition to a greener economy would be cheaper than delaying it for euro zone companies, households and the banks that serve them, a European Central Bank study ...
Britain’s largest homebuilder Barratt Developments (BDEV.L) flagged difficult trading conditions over the coming months after it posted a fall in annual profit on Wednesday, as high mortgage rates ...
German industrial orders fell more than expected in July, pulling back after a sharp gain in the aerospace sector the previous month, the federal statistics office said on Wednesday.
Incoming ...
Business activity in Britain’s services sector fell last month for the first time since January as higher interest rates reduced consumer and corporate demand, a survey showed on Tuesday, ...
Elon Musk withdrew a loan of $1 billion from SpaceX – the two-decade-old rocket company run by the billionaire – around the same time he was acquiring Twitter, now known as X, for $44 ...
María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina’s persistent inflation now running at ...
Higher-than-expected inflation data for August published on Monday prompted JPMorgan to revise its year-end inflation forecast to 65 per cent from 62 per cent with the annual rate now expected to peak ...
Italy and Saudi Arabia are in talks about a potential Saudi investment in Rome’s new strategic fund, Italy’s Industry Minister Adolfo Urso said on Monday, as the two ...
Egypt’s state grains buyer bought about a half a million metric tons of Russian wheat in a private deal, four traders told Reuters, succeeding in negotiating lower prices than ...
Australia’s Qantas Airways (QAN.AX) said its long-serving CEO would bring forward his retirement amid a publicity firestorm over an accusation of illegal ticket sales, signalling what the flagship ...
Turkish depositors mostly converted funds back to dollars last month when they withdrew from state depreciation-protected accounts, according to initial data and senior bankers, as Ankara begins winding down the ...