Britain’s economy is slowing and might be heading for a recession as it feels the impact of 14 back-to-back interest rate increases by the Bank of England to fight high ...
Boeing (BA.N) has recently identified a new 737 MAX quality problem involving supplier Spirit AeroSystems (SPR.N) that has resulted in improperly drilled holes on the aft pressure bulkhead, the ...
Leaders of the BRICS group of developing nations have invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to join, in a move aimed at growing the ...
It’s hard to be bullish about real estate in an environment of sharply higher interest rates. Yet unloved property stocks in Europe staged a surprise rally this summer, suggesting ...
Euro zone business activity declined far more than thought in August with the slide in Germany particularly fast, while some inflationary pressures returned, surveys showed.
Wednesday’s purchasing managers’ indexes ...
Kohl’s Corp (KSS.N) beat estimates for quarterly profit on Wednesday, as leaner inventories, lower costs and fewer discounts helped the department store chain counter a broader retail slowdown.
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A Ural Airlines Airbus landed in the Russian city of Yekaterinburg on Nov. 14 last year. Then it remained grounded on the tarmac.
Three days later, a spare part crucial for ...
The long-running battle between Microsoft (MSFT.O) and Britain over the Activision Blizzard (ATVI.O) deal took another twist on Tuesday, raising more questions than answers about the country’s ...
Banks in Britain may be free to award even bigger bonuses from January but new pay perks are unlikely to help the country’s financial industry outshine its rivals because ...
Russia’s invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic turmoil across the world in the 18 months since its launch on Feb. 24, 2022.
Here ...
Canadians vented their frustration against airlines on social media last week after prices of commercial flights out of Yellowknife soared up to 10-fold above normal just as residents were ordered ...
China’s Lenovo Group (0992.HK) on Thursday posted a worse-than-expected 24 per cent fall in revenue for the April-June quarter, hit by a prolonged slump in global demand for personal computers.
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A look at the day ahead in US and global markets from Mike Dolan
Far from the recession forecasts of earlier this year, US economic growth may actually be accelerating ...
Carlsberg CARLb.CO was “shocked” by Russia’s seizure of its business in the country last month and the brewer is no closer to knowing what might happen next, its ...
Casino operator MGM Resorts International MGM.N is finding Formula One’s inaugural stop in Las Vegas is as much of a draw as its slot machines this year, and ...
Amid international supply-chain disruptions, the EU is stepping up efforts to ensure the European food system benefits family farmers, Europe’s regions and its consumers.
By Alex Whiting
When Paolo ...
Walt Disney (DIS.N) has created a task force to study artificial intelligence and how it can be applied across the entertainment conglomerate, even as Hollywood writers and actors battle ...
Japan’s Sony (6758.T) this week said first-quarter profit tumbled due to weaker performances from its movies and financial businesses.
In April-June, operating profit slid 31 per cent to 253 billion yen ($1.8 ...
When artificial intelligence (AI) apps started spreading in Nigeria’s music industry, Eclipse Nkasi thought his days as a producer were numbered.
Then he took a step back, saw there ...
British homeware and household goods discount retailer Wilko said it had fallen into administration on Thursday, putting its 400 stores and 12,500 jobs in danger if a buyer can’t be found.
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Payments giant PayPal (PYPL.O) said on Monday it has launched a US dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers.
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German inflation eased in July, the federal statistics office said on Tuesday, confirming preliminary data.
German consumer prices, harmonised to compare with other European Union countries, increased by 6.5 per cent ...
British retailers suffered from heavy rain in July on top of the impact of high inflation with sales growth dropping to an 11-month low, a survey showed on Tuesday.
The ...