International

Consumer goods giant Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July 1 in a move that was welcomed by board member and activist shareholder ...

Lucid Group’s (LCID.O) shares surged 43 per cent on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted to buy out ...

Microprocessor giant Intel Corp (INTC.O) has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this ...

General Motors Co (GM.N) and Ford Motor Co (F.N) are expected to report strong profits for 2022 next week, powered by premium-priced pickup trucks and sports utility vehicles (SUVs). ...

Nigeria’s central bank on Thursday launched a domestic card scheme to rival foreign cards like Mastercard and Visa, hoping to enhance its drive to make Africa’s biggest economy ...

Compliance and data sovereignty are now considered to be strong factors in the way businesses and organisations make decisions about their digital and technology strategies, according to a survey conducted ...

The surprise leadership shuffle on Thursday at Toyota Motor Corp (7203.T), renewed urgency at Renault (RENA.PA) and Nissan Motor Co (7201.T) to restructure their alliance and Elon Musk’s ...

Gold edged lower on Friday as robust US economic data was seen as fodder for the Federal Reserve to keep interest rates high for longer, but caution ahead of inflation ...

By Maria Demertzis The global fight against climate change suffers from a problem that holds back international action in many areas: countries make promises and set goals, but then fail ...

Cyta celebrated the connection of its 100,000 customers to its island-wide Cyta Fibre network by offering 100 months of free internet to Andreas Michael from Geroskipou, the customer with connection number 100,000. Having ...

Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of ...

Tesla Inc’s (TSLA.O) electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the issue in sharply different ways. Chief Executive Elon ...

Shareholders can sue McDonald Corp’s (MCD.N) former global chief people officer for the damage they claim he caused to the restaurant chain by allegedly allowing a culture of ...

IKEA is using more wood from Sweden and the Baltics to make up for not sourcing it from Russia and Belarus which the company has shunned due to Moscow’s ...

Fourth-quarter GDP forecast to increase at a 2.6 per cent rate Strong consumer spending seen; other sectors to contribute Weekly jobless claims expected to rise moderately The US economy likely maintained ...

A top official with the US Commodity Futures Trading Commission (CFTC) is pressing lawmakers to give regulators authority to dig into the books of any firm seeking to acquire significant ...

Elon Musk has a playbook for Tesla (TSLA.O) headed into what he believes will be a “serious” recession: cut costs on everything from parts to logistics, while keeping the ...

The chief executive of Toyota Motor Corp will step down as head of the company his grandfather founded, the Japanese automaker said on Thursday, handing over to the boss of ...

Turkey’s central bank said on Thursday it will provide 2 per cent foreign exchange conversion support to companies that bring forex into the country from abroad, sell it to the ...

Dubai’s stock exchange is working on expanding private sector listings and plans to boost access for both institutional and retail investors, its chief executive said on Tuesday. “Being able ...

Paranoid? The domino downfall of FTX and other crypto custodians is enough to make the most trusting investor grab their bitcoin and shove it under the mattress. Indeed, holders big ...

Britain’s manufacturers unexpectedly reduced their prices in December by the most since April 2020, welcome news for the Bank of England which is weighing up how much higher it needs ...

Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine,” ...

Microsoft Corp (MSFT.O) said on Wednesday it was investigating a networking issue that impacted multiple services including Teams and Outlook, with outage reports saying the platforms were down for ...