International

By Ioannis Tirkides We are in treacherous waters. After a year and a half of relentless interest rate hikes by central banks in the developed world, and the remarkable resilience ...

Meta Platforms’ (META.O) lawyers had warned it about the legal perils of using thousands of pirated books to train its AI models, but the company did it anyway, according ...

“Fortnite” maker Epic Games won a major antitrust trial against Alphabet’s Google (GOOGL.O) in San Francisco, persuading a federal jury on Monday that some of the technology giant’...

A federal judge in Virginia has rejected cybersecurity company Centripetal Networks’ patent infringement claims against Cisco Systems (CSCO.O) in a multi-billion-dollar fight over network-security technology. A different judge in ...

Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies including Comcast (CMCSA.O) and Walt ...

Warner Bros Discovery (WBD.O) said on Tuesday that music streaming giant Spotify (SPOT.N) would host the media conglomerate’s podcasts as part of its monetization drive. Spotify’s ...

Companies in Britain’s services sector saw another pick-up in growth this month, suggesting the economy can avoid a recession for now at least, according to a survey published a ...

The best performing hedge funds are falling victim to their own success as institutional investors such as pension funds and university endowments cut back their most profitable positions to make ...

Britain’s property market saw some recovery in November as a surge in mortgage rates eased, but surveyors remain cautious about the year ahead, an industry survey showed on Thursday, ...

The European Central Bank faces a difficult balancing act on Thursday as it likely slashes its forecasts for growth and inflation while trying to temper speculation about imminent interest rate ...

PDD Holdings’ (PDD.O) international facing discount e-commerce platform, Temu, filed a lawsuit in a US District of Columbia court on Wednesday alleging rival Shein employed “Mafia-style intimidation” to coerce ...

Pfizer (PFE.N) on Wednesday forecast 2024 sales that could be as much as $5 billion below Wall Street expectations, a move top executives said provided a more reliable view of its ...

Argentina’s government allowed the peso currency to plunge over 50 per cent to 801 per dollar on Wednesday as markets cautiously welcomed the first details of President Javier Milei’s plans ...

Tesla (TSLA.O) is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced driver-assistance system to install new safeguards, after a federal safety regulator said ...

A winding down of the post-pandemic spending frenzy is hitting European luxury companies from LVMH (LVMH.PA) to Kering (PRTP.PA), but none more than Farfetch, an e-commerce pioneer. Founded ...

Britain’s economy shrank in October, official data showed on Wednesday, raising the risk of a recession and testing the Bank of England’s resolve to stick to its tough ...

With Zara-owner Inditex (ITX.MC) and H&M (HMb.ST) set to disclose their most recent sales results, investors will be focused on one major question: how are the ...

Netflix is set to pull ahead of Disney+ in the race for US advertising dollars next year as price hikes and a password-sharing crackdown pull more viewers to its ad-supported ...

British wage growth slowed more than expected in the three months to the end of October, official data showed, but pay is probably still increasing too quickly to persuade the ...

“Fortnite” maker Epic Games has prevailed in its high-profile antitrust trial over Alphabet’s Google (GOOGL.O), which alleged the Play app store operated as an illegal monopoly, in a ...

If 2022 was the year that “broke bitcoin”, 2023 has been the year of trauma recovery. Bitcoin has bounced pluckily in the face of depressed crypto prices, low trading volumes and tough ...

Global Futures and Options (GFO-X), a digital assets trading platform, said on Monday that Britain’s M&G Investments (MNG.L) has led a $30 million second round of funding ...

Quality Street maker Nestle and Cadbury owner Mondelez (MDLZ.O) are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapped shoppers seeking cheaper gifts. Shoppers hit ...

Electric vehicle drivers hoping to top up their batteries at one of Repsol’s (REP.MC) 1,600 Spanish charging stations might well be disappointed, with nearly half lying dormant because they ...