International

Tesla Inc (TSLA.O) earns more money for every vehicle it sells than any of its global rivals. Now, Chief Executive Elon Musk is using that superior profitability as a ...

Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost ...

Following Moscow’s invasion of Ukraine, world’s largest oilfield firm SLB (SLB.N) has boosted its business in Russia by cherry-picking service and equipment contracts from rivals who left, ...

Meta’s (META.O) WhatsApp subsidiary was fined 5.5 million euros ($5.95 million) on Thursday by Ireland’s Data Privacy Commissioner (DPC), its lead EU privacy regulator, for an additional breach of ...

The lending unit of crypto firm Genesis filed on Thursday for US bankruptcy protection from creditors, toppled by a market rout along with the likes of exchange FTX and lender ...

In the snow and ice on the main drag in Davos, the impact of the crypto winter is plain for WEF attendees to see. Last May, the dressed-up shop fronts ...

India’s junior IT minister on Thursday said there was no issue with cryptocurrencies in India if all laws are followed, in remarks that contradicted the central bank’s view ...

Gold prices inched higher on Thursday as investors weighed the chances of the US Federal Reserve slowing its pace of interest rate hikes. Spot gold was up 0.3 per cent at $1,908.69 ...

More than 500 of Twitter’s advertisers have paused spending on the micro blogging site since Elon Musk’s takeover last year, The Information reported on Wednesday, citing a person familiar ...

British inflation eased last month after hitting a 41-year high in October, offering some comfort to the Bank of England, but the pressure on households remained intense as food and ...

US retail sales fell more than expected in December, pulled down by declines in purchases of motor vehicles and a range of other goods, putting consumer spending and the overall ...

Music streaming service Spotify Technology (SPOT.N), along with other media firms such as Deezer, urged the European Commission to take action against Apple Inc (AAPL.O) for anticompetitive and ...

Russia’s current account surplus hit a record high in 2022, the central bank said on Tuesday, as a fall in imports and robust oil and gas exports kept foreign money ...

European Central Bank staff are losing confidence in the institution’s leadership following the ECB’s failure to control inflation and a pay award that lagged the leap in prices, ...

Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin. The No.1 cryptocurrency has clocked a 26 per cent gain in ...

Turks beset for years by soaring inflation and currency crashes will soon decide whether to forge ahead with President Tayyip Erdogan’s vision of a heavily-managed economy, or ditch it ...

Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen in hacks. FTX has said it had recovered over $5 billion ...

A 2016 video that Tesla (TSLA.O) used to promote its self-driving technology was staged to show capabilities like stopping at a red light and accelerating at a green light that ...

Microsoft Corp (MSFT.O) plans to cut thousands of jobs with some roles expected to be eliminated in human resources and engineering divisions, according to media reports on Tuesday. The ...

US home appliances maker Whirlpool (WHR.N) is folding its European business into a new company controlled by Turkish rival Arcelik (ARCLK.IS), reducing its exposure to a market where ...

The majority of chief executive officers believe that global economic growth will decline over the coming year, with 73 per cent of participants contributing to the most pessimistic outlook in more ...

Goldman Sachs Group Inc (GS.N) on Tuesday reported a bigger-than-expected 69 per cent drop in fourth-quarter profit as it struggled with a slump in dealmaking and weakness in its wealth ...

German online bank N26 said on Tuesday that it would expand the list of countries where its customers may trade cryptocurrencies to include those in Germany and Switzerland. In addition, ...

The West’s top energy firms are expected to rake in a combined record profit of $200 billion from a turbulent 2022 marked by huge volatility in oil and gas prices after ...