International

Trade is structural and its implications for policy and markets alike are pervasive, especially when deficits have been persistent and accumulating for a long time. Currencies and trade imbalances are ...

Emirates Airline is very satisfied with its cash reserves, Chairman Sheikh Ahmed bin Saeed Al Maktoum said this week, adding that if the government asked him to list the company ...

OpenAI this week said it has updated ChatGPT’s web search capabilities to improve online shopping for users with personalized product recommendations with images, reviews, and direct purchase links. The ...

BP (BP.L) this week reported a deeper-than-expected 48 per cent drop in net profit to $1.4 billion on weaker gas trading and refining results and announced the departure of its strategy ...

Spotify forecast second-quarter profit below market estimates this week due to employee salary-related taxes, taking the shine off its strong subscriber growth and sending shares of the Swedish music-streaming giant ...

IBM (IBM.N) will invest $150 billion in the US, including on facilities for quantum computer production, over the next five years, the latest American technology company to back the Trump ...

The first 27 satellites for Amazon’s Kuiper broadband internet constellation were launched into space from Florida earlier this week, kicking off the long-delayed deployment of an internet-from-space network that will ...

As the United States ends a tariff exemption for small parcels on Friday, some retailers have stopped selling to US customers while others are seeking temporary workarounds in the hope ...

Apple (AAPL.O) shares fell nearly 3 per cent in premarket trade on Friday after the iPhone maker trimmed its share buyback program and CEO Tim Cook warned of additional tariff-related ...

Mastercard (MA.N) beat Wall Street estimates for first-quarter profit this week as customers kept up spending on its card network despite the economic uncertainty sparked by a global trade ...

The Bank of England is expected to lower interest rates by a quarter point on May 8 as US President Donald Trump’s tariffs darken the global growth outlook, and some ...

The International Monetary Fund has announced that it now expects Middle East and North Africa economies to grow by just 2.6 per cent in 2025 as uncertainties stemming from a global trade ...

Tesla (TSLA.O) chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement ...

Saudi Arabia’s economy grew in the first quarter, supported by activity in the non-oil sector as the kingdom pushes on with diversifying away from hydrocarbons. Real gross domestic product (...

A stablecoin launched by Donald Trump’s World Liberty Financial crypto venture is being used by an Abu Dhabi investment firm for its $2 billion investment in crypto exchange Binance, one ...

Oil prices fell on Thursday, extending a steep decline the previous session due to signs that Saudi Arabia, the world’s largest crude exporter, could raise production and data showing ...

British house prices fell by 0.6 per cent in April, a sharper fall than forecast and their biggest monthly decline in more than 18 months, as a discount on property transactions ended, ...

South Korean technology giant Samsung Electronics (005930.KS) warned on Wednesday US tariffs could cut demand for products such as smartphones, making it difficult to predict future performance. Samsung said it ...

The US economy contracted in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid higher costs, underscoring the disruptive nature of President Donald ...

Turkey’s monthly inflation rate is expected to climb to 3.1 per cent in April, driven by energy prices and lira depreciation following the imprisonment of President Tayyip Erdogan’s main ...

A group of banks including Morgan Stanley, Bank of America, Barclays and Mitsubishi UFJ sold the final piece of debt tied to billionaire Elon Musk’s $44 billion buyout of social ...

The US aviation industry, reeling from President Donald Trump’s trade war and a slump in travel demand, is lobbying the White House for exemptions from tariffs. Industry officials have ...

A bruising rollercoaster ride for markets in the first 100 days of the Trump administration has seen some investors move away from American assets, but it remains to be seen whether ...

British retail sales volumes fell by the smallest amount since October this month but stores expect conditions to worsen next month, according to a survey on Monday that reflected ongoing ...