International

By Andreas Charalambous & Omiros Pissarides The Kingdom of Saudi Arabia (SA) is an example of a state, whose economic and foreign policies have traditionally centered around its natural wealth. ...

Alphabet (GOOGL.O) unit Google could face EU antitrust charges next year over its digital advertising business, putting the company at risk of its fourth fine in the EU of ...

A leading US bank regulator said his caution over banks partnering with fintechs is not meant to stifle those arrangements, but rather reflects his concern that firms must adequately gauge ...

Microsoft (MSFT.O) said Britain’s competition regulator had relied on objections from its rival Sony (6758.T) in referring its $69 billion Activision Blizzard deal to an in-depth inquiry, in particular “...

The global market experienced a major downturn during the third quarter of 2022, with demand dropping sharply, according to a report released this week by technology analysts Canalys. According to the ...

Hyundai Motor Group’s air taxi unit has picked aerospace supplier Honeywell International Inc (HON.O) to develop avionics systems for its eVTOL (electric vertical take-off and landing) aircraft, the ...

Israel’s Redefine Meat has struck a partnership with importer Giraudi Meats to drive European distribution of its “New Meat” steak cuts produced on 3D printers, it said on Thursday. ...

Investors piled cash into sterling money-market funds at more than three times their usual rate during the recent turbulence in British bond markets, and pension funds likely made up the ...

Britain’s corporation tax will rise to 25 per cent this April, the Daily Telegraph reported on Friday, in a second humiliating government u-turn on economic policy and amid a report ...

Airbus (AIR.PA) and Qatar Airways return to court on Friday as a contractual and safety dispute over A350 passenger jets descends into a tug-of-war over confidential documents while the ...

French food company Danone (DANO.PA) said on Friday it would shed its dairy food business in Russia in a deal that could lead to a write-off of up to 1 ...

Euro zone government bond yields rose on Thursday, after US data showed a bigger-than-expected rise in consumer prices last month, dashing hopes that the Federal Reserve will slow the pace ...

Bank of England Governor Andrew Bailey has been unequivocal: the central bank will end emergency support for bonds on Friday. Yet with markets showing few signs of stabilising, the BoE ...

Global investors and banks have been voicing confusion about their efforts to convert depositary receipts of Russian companies into ordinary shares in compliance with a new Russian law, according to ...

European Central Bank policymakers are closing in on a deal to change rules governing trillions of euros worth of loans to banks in a move that will shave tens of ...

Apple Inc (AAPL.O) will start upgrading its iPhone models in India in December to make them compatible with 5G networks, the company said on Wednesday, as Indian authorities pressed ...

Mercedes-Benz (MBGn.DE) and Microsoft (MSFT.O) announced a partnership on Wednesday using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car plants globally, ...

Crypto investment products firm 21.co said on Wednesday its subsidiary 21Shares AG has listed a bitcoin exchange-traded product on Nasdaq Dubai, making it the Middle East’s first physically-backed bitcoin ...

Meta Platforms (META.O) unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg’s break into the higher-end market for ...

Twitter Inc (TWTR.N) is reviewing its policies around permanently banning users, possibly bringing its content moderation in line with Elon Musk’s vision for the social media platform, the ...

UK pension schemes are racing to raise hundreds of billions of pounds to shore up derivatives positions before the Bank of England calls time on support aimed at keeping them ...

Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs ...

The United Arab Emirates launched an unemployment insurance scheme on Tuesday as part of reforms aimed at attracting more talent and investment to the regional business hub amid rising competition. ...

Britain’s economy shrank by 0.3 per cent in August, hit by weakness in manufacturing and maintenance work in North Sea oil and gas fields, according to official data which underscored ...