Bank of England Governor Andrew Bailey said his concern on the inflation outlook is that it could be “elevated for longer” but there is also a chance that inflation does ...
Facebook’s recent rebrand to Meta felt like a statement of intent. Beyond the more cynical reasons behind the renaming, it is clear the company is trying to replicate its ...
Russian jeweller Sokolov is planning a dual listing in New York and Moscow in 2023, its co-owner told Reuters, betting on strong revenue growth and the development of its retail network ...
As a Virginia lawmaker, Ibraheem Samirah has studied internet privacy issues and debated how to regulate tech firms’ collection of personal data. Still, he was stunned to learn the full ...
Turkish opposition leaders called for immediate early elections on Thursday after the lira plunged 6 per cent to new lows following the central bank’s decision to cut interest rates amid ...
Auction houses and shoppers seeking new clothes for the Christmas holidays lifted British retail sales last month by more than expected, adding to recent signs that a slowdown in the ...
CEO turnover spiked in the first half of 2021, as companies tapped new talent to navigate the aftermath of the COVID-19 pandemic and stressed-out chief executives sought a career change, a ...
Pfizer Inc (PFE.N) said on Thursday the US government would pay $5.29 billion for 10 million courses of its experimental COVID-19 antiviral drug, as the country rushes to secure promising oral ...
Turkey’s central bank slashed its policy rate by 100 basis points to 15 per cent on Thursday and hinted at more easing despite inflation running near 20 per cent, accelerating a spiral ...
The European Union may ease state-aid rules to allow the funding of new chip plants which could alleviate shortages in the bloc, its competition chief said on Thursday, while resisting ...
British retailer Marks & Spencer (MKS.L) has struck a deal to sell some of its food products in Costa Coffee outlets, the companies said on Thursday.
They said that ...
DoorDash Inc (DASH.N) said on Tuesday it would buy Finland-based rival Wolt Enterprises OY in an all-stock deal valued at about 7 billion euros ($8.09 billion), as the biggest U.S. ...
Qatar’s Emir Sheikh Tamim bin Hamad al-Thani on Wednesday appointed Sheikh Bandar bin Mohamed bin Saud al-Thani as central bank governor, according to a statement posted the website of ...
The European Union won’t suddenly pull up the “drawbridge” on Britain’s financial services sector, and reducing reliance on the City of London for euro clearing could take years, ...
Rolls-Royce (RR.L) has asked Britain’s government for clearance to begin the 4-5 year long process of seeking regulatory approval for its small modular nuclear reactor, it said on ...
Abu Dhabi National Oil Co (ADNOC.UL) and Abu Dhabi National Energy Company PJSC (TAQA) (TAQA.AD) have formed a strategic partnership on clean energy, aiming to have 30 gigawatts of ...
British inflation surged to a 10-year high last month as household energy bills rocketed, according to data on Wednesday that will bolster expectations that the Bank of England will raise ...
Free trade talks between the United Arab Emirates and India and Indonesia, are making good progress, the Gulf state’s trade minister said on Wednesday, a day after starting similar ...
As Congress looks to advance its $1.75 trillion spending package this week, wealthy individuals are already planning ways to avoid paying for it.
Lawmakers are expected to vote on Democrats’ social ...
A planned pan-European payments network backed by 22 banks to compete with US duo Mastercard and Visa appealed on Tuesday for public money, saying its private backers were not prepared to ...
Tesco, Britain’s largest retailer, was the only one of the country’s big four grocers to grow sales in the last 12 weeks, increasing its sector dominance in the run-up ...
Saudi Arabia has granted citizenship to a group of expatriates including doctors, clerics and academics, becoming the second Gulf Arab state to introduce a formal naturalization programme for foreigners with ...
Bitcoin, the world’s biggest and best-known cryptocurrency, fell more than 4 per cent on Tuesday as it extended a decline through a week that also included an upgrade to its ...
British employers hired more people in October after the government’s job-protecting furlough scheme ended, potentially easing the lingering concerns at the Bank of England about the risks of raising ...