International

Oil prices fell more than 2 per cent on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, spurring concerns about more supply coming into a ...

The European Union will on Tuesday announce a roadmap to phase out the bloc’s remaining gas ties with Moscow, but in the absence of sanctions it will be difficult ...

US President Donald Trump’s tariffs are increasingly clogging up the wheels of a world economy which for decades were greased by predictable and relatively free trade. Big-name multinationals right ...

Sir Stelios Haji-Ioannou, creator and owner of the easy family of brands, has announced the acquisition of 100 per cent of the share capital of easyHotel Ltd by investment funds managed ...

People in emerging economies are more willing to trust AI than those in advanced economies and are more optimistic and excited about its benefits, a major survey by the University ...

Europe has a plan to boost growth and productivity, all while becoming the world’s first climate-neutral continent. By Ross McQueen On a cloudy morning in September 2023, European Commission President ...

Some European tech workers who might once have headed to the United States are looking at defence startups closer to home. Others are rushing back to Europe from jobs abroad. ...

Federal Reserve policymakers won’t take much signal from a decline in first-quarter US GDP, but by June clearer signs of a faltering economy will move central bankers to resume ...

British business sentiment fell to its lowest level in three months and employers were concerned about implications of US tariffs and the wider economy as they grapple with higher employment ...

Trade is structural and its implications for policy and markets alike are pervasive, especially when deficits have been persistent and accumulating for a long time. Currencies and trade imbalances are ...

Emirates Airline is very satisfied with its cash reserves, Chairman Sheikh Ahmed bin Saeed Al Maktoum said this week, adding that if the government asked him to list the company ...

OpenAI this week said it has updated ChatGPT’s web search capabilities to improve online shopping for users with personalized product recommendations with images, reviews, and direct purchase links. The ...

BP (BP.L) this week reported a deeper-than-expected 48 per cent drop in net profit to $1.4 billion on weaker gas trading and refining results and announced the departure of its strategy ...

Spotify forecast second-quarter profit below market estimates this week due to employee salary-related taxes, taking the shine off its strong subscriber growth and sending shares of the Swedish music-streaming giant ...

IBM (IBM.N) will invest $150 billion in the US, including on facilities for quantum computer production, over the next five years, the latest American technology company to back the Trump ...

The first 27 satellites for Amazon’s Kuiper broadband internet constellation were launched into space from Florida earlier this week, kicking off the long-delayed deployment of an internet-from-space network that will ...

As the United States ends a tariff exemption for small parcels on Friday, some retailers have stopped selling to US customers while others are seeking temporary workarounds in the hope ...

Apple (AAPL.O) shares fell nearly 3 per cent in premarket trade on Friday after the iPhone maker trimmed its share buyback program and CEO Tim Cook warned of additional tariff-related ...

Mastercard (MA.N) beat Wall Street estimates for first-quarter profit this week as customers kept up spending on its card network despite the economic uncertainty sparked by a global trade ...

The Bank of England is expected to lower interest rates by a quarter point on May 8 as US President Donald Trump’s tariffs darken the global growth outlook, and some ...

The International Monetary Fund has announced that it now expects Middle East and North Africa economies to grow by just 2.6 per cent in 2025 as uncertainties stemming from a global trade ...

Tesla (TSLA.O) chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement ...

Saudi Arabia’s economy grew in the first quarter, supported by activity in the non-oil sector as the kingdom pushes on with diversifying away from hydrocarbons. Real gross domestic product (...

A stablecoin launched by Donald Trump’s World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one ...