International

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 ...

Average weekly earnings +6.4 per cent yy, stronger than forecasts BoE watching pay growth as it gauges next rate hike move Jobless rate holds at 3.7 per cent, close to five-decade low ...

Renault SA (RENA.PA) and China’s Geely Automobile Holdings (0175.HK) are working to finalize a deal to bring Saudi Arabian state oil producer Aramco (2222.SE) in as an investor ...

Bank of Israel policymakers expressed concern that the new government will boost spending too much and harm its ability to return inflation to its 1-3 per cent annual target. Minutes ...

British retailer Marks & Spencer (M&S) (MKS.L) plans to open 20 new stores creating 3,400 jobs throughout Britain, The Times reported on Monday. The 138-year old clothing and food ...

Sainsbury’s (SBRY.L), Britain’s second biggest supermarket group, has linked up with online meal ordering and delivery firm Just Eat Takeaway (TKWY.AS), to add faster home delivery ...

Toyota Motor Corp (7203.T) on Monday said it expects to produce as many as 10.6 million vehicles this year, while warning of downward risk to its projection if it faces an ...

Europe is set to ban imports of Russian oil products on Feb. 5 in a move that is already causing massive shifts in global diesel trading. Buyers are rushing to fill ...

724 billion euro package agreed less than 2 years ago Extending disbursement beyond 2026 would need unanimity Countries already behind in commissioning projects Recipients blame rising costs of raw materials Member states already ...

Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions ...

Vkusno & tochka, the Russian successor brand to McDonald’s (MCD.N), has applied to have its trademarks registered in neighbouring Kazakhstan following the US company’s exit from its ...

Fintech firm Revolut Ltd. is close to finalising its long-overdue 2021 financial accounts, a move that could pave the way for the start-up to obtain a UK banking licence, two people ...

German carmaker BMW (BMWG.DE) is planning a new major investment in the central Mexican state of San Luis Potosi, where the company already has a plant, Mexican Foreign Minister ...

Resurgent risk appetite among some investors is fueling rallies in the shares of so-called meme stocks this month after a crushing year for equities, though many analysts are skeptical the ...

Porsche AG (P911_p.DE) will ensure that familiar software platforms like Google and Apple will be accessible for its customers, a spokesperson said on Tuesday following reports that it ...

Twitter Inc is offering free advertisements to brands that advertise on its platform, an attempt to woo brands back to the social-media platform, which has seen its ad business deteriorate ...

Major investment in public cloud software will see worldwide revenue for enterprise applications to rise to $385.2 billion by 2026, according to a report released this week by industry analysts International Data ...

Companies are finding promising ways to use the nutrient-filled residue from olive-oil production. By Alex Whiting Olive oil is a multibillion-euro global business and Manuel Román is determined to ...

Tesla (TSLA.O) has slashed prices on its electric vehicles in the United States and Europe by as much as 20 per cent, extending a strategy of aggressive discounting after missing ...

Crypto.com said on Friday it would be reducing about 20 per cent of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year. ...