International

Britain’s payments regulator will be abolished and its remit absorbed by another financial regulator, the government said this week, as it aims to cut red tape in favour of ...

Zara owner Inditex (ITX.MC) this week reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth and ...

The Bank of England (BoE) said on Wednesday it appointed Sarah John, the central bank’s current Chief Cashier, as its new Chief Operating Officer. John will be replaced by ...

The euro zone economy is facing exceptional shocks from trade, defence and climate issues, possibly amplifying inflation volatility and raising the risk that price growth becomes more persistent, ECB President ...

There is about a 40 per cent chance of a US recession this year and a risk of lasting damage to the country’s standing as an investment destination if the ...

Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. Covid-19 and efforts to ...

The Bank of England said it allotted 2.127 billion pounds ($2.75 billion) of six-month funds to banks at an indexed long-term repo operation on Tuesday, the most since April 2020 during the early ...

Deutsche Bank (DBKGn.DE) has raised the parental leave entitlement in its Middle East and Africa regional offices in a bid to offer attractive benefits to employees in an increasingly ...

Aegean Airlines on Tuesday reported a strong start to 2025, carrying 1.9 million passengers in the first two months of the year, marking a 9 per cent increase compared to the same period ...

J.P.Morgan joined Wall-Street peer Goldman Sachs to forecast a boost to the euro area’s economic growth for 2025 on the back of Germany’s fiscal loosening reforms. Similar ...

Britain’s jobs market cooled in February as the pace of hiring slowed and starting salaries rose by the least in four years, according to a survey on Monday that ...

German industrial output rose in January but exports plunged, showing the challenges facing the incoming government in reviving the euro zone’s largest economy in a time of geopolitical uncertainty. ...

Social media platform X is down for thousands of users in the US and the UK, according to outage tracking website Downdetector.com. There were more than 16,000 incidents of people ...

By Miranda Xafa Despite the headwinds caused by the major turmoil and rapid changes in the international environment, Greece’s macroeconomic outlook for 2025 remains more positive than that of the ...

Britain’s Treasury Committee has announced that nine top UK banks and building societies suffered at least 803 hours of unplanned tech and systems outages in the last two years, blocking ...

AxeleraAI, one of Europe’s few companies making computer chips for artificial intelligence, has been awarded a grant of up to 61.6 million euros ($66 million) to develop a chip for use ...

Alphabet’s Google has launched an experimental version of its search engine that completely eliminates its classic 10 blue links in favor of an AI-generated summary. The new feature, available to ...

A historic global trade war, a proposed $1.2 trillion European fiscal bazooka and the emergence of China as tech race leader are upending global flows of money, marking a potential turning ...

March 5 (Reuters) – Tesla (TSLA.O) car sales in Germany fell by 76 per cent in February, data showed this week, adding to the collapse in sales of Elon Musk’s EV ...

British services firms in February cut staff at the fastest pace since 2020 ahead of tax and minimum-wage hikes that come into effect next month, an industry survey showed this week. ...

Alphabet’s Google (GOOGL.O) met with President Donald Trump’s government last week and urged them to back away from a push to break up the search engine company, ...

Japanese electronics giant Sony and drinks maker Suntory are stockpiling inventory in the United States while their peers shift production or supply chains in efforts to fend off an evolving ...

Britain’s Financial Conduct Authority has urged firms managing private assets to improve how they identify and disclose potential conflicts of interest in valuation processes, as retail investors increase their ...

The European Central Bank (ECB) on Thursday announced a 25 basis point cut to its three key interest rates, marking a shift in its monetary policy stance. The decision, taken by ...