Britain’s labour market weakened before this month’s tax hike on employers, data showed on Tuesday, but wage growth remained strong, complicating the job for the Bank of England ...
Turkey’s central bank posted a loss of 700.4 billion lira ($18.4 billion) in 2024, according to its balance sheet published in the Official Gazette this week.
In 2023, the bank had posted a ...
Turkey recorded a budget shortfall of 261.5 billion lira (approximately $6.87 billion) in March, according to a statement released by the Treasury and Finance Ministry on Tuesday.
The ministry also reported a ...
The International Chamber of Shipping (ICS) has welcomed a series of landmark updates to the Maritime Labour Convention (MLC), following an intense week of negotiations at the International Labour Organisation (...
Britain’s biggest companies adopted their most defensive stance since early 2020 in the run-up US President Donald Trump’s April 2 tariff announcements and focused on boosting cashflow, cutting costs and ...
Oil prices rose 1 per cent on Monday after US exclusions on some tariffs and Chinese data showing a sharp rebound in crude imports in March, but gains were capped by ...
An escalating global tariff war could provide challenges for the emerging data centre sector and cause slower growth, Laura Cozzi, the International Energy Agency (IEA) Director of Technology told Reuters.
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At a scary moment when almost no place in global markets looks safe, Germany’s recently rocky government bonds may be one of the few true havens left.
A week ...
Taiwan’s Foxconn (2317.TW) sees Japan as a big opportunity for growing its electric vehicle business and hopes to agree on partnerships with Japanese companies as soon as possible, an ...
Global shipments of personal computers rose 9.4 per cent in the first quarter of this year as PC makers boosted consignments to the United States in anticipation of President Donald Trump’...
Norway’s $1.7 trillion sovereign wealth fund, the world’s largest, will remain calm in the face of turbulent times, upholding a long-term investment strategy that is widely agreed upon, the ...
Alphabet’s (GOOGL.O) this week unveiled its seventh-generation artificial intelligence chip named Ironwood, which the company said is designed to speed the performance of AI applications.
The Ironwood processor ...
Amazon.com (AMZN.O) is considering a $15 billion warehouse expansion plan for about 80 new logistics facilities in US cities and rural areas, Bloomberg News reported this week, citing people familiar ...
British house prices unexpectedly fell in March, according to data from mortgage lender Halifax which represented the latest sign of a cooling in the market after a rush to buy ...
In just a week, the dollar has gone from a safe haven to investors’ whipping boy as US President Donald Trump’s chaotic tariffs on friend and foe alike undermine ...
Britain’s government wants to dilute regulations for smaller private equity and hedge funds in a bid to bolster the country’s appeal as an investment hub.
The UK finance ...
Energy group BP (BP.L) expects first-quarter gas marketing and trading earnings to be weak while net debt will rise, the company said this week, sending its shares lower.
The ...
Samsung Electronics this week flagged a much smaller-than-feared 0.2 per cent fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned ...
German sports car maker Porsche (P911_p.DE) delivered 8 per cent fewer vehicles globally in the first quarter, it said this week, hit by declining demand in China and Europe.
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Britain’s economy returned to growth in February with its fastest expansion in 11 months, beating economists’ expectations and placing it on a slightly firmer footing as it braces for the ...
The first-ever global carbon tax on shipping is no longer a distant ambition.
Talks at the International Maritime Organisation (IMO) headquarters in London this week propose real momentum toward binding ...
Wall Street traders and investors have been sent to the brink over the past week by President Donald Trump’s tariff policy, scrambling to figure out strategies and calming clients ...
Some companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the costs of President Donald Trump’s sweeping tariffs.
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Tesco (TSCO.L), Britain’s biggest food retailer, warned on Thursday its profit would likely fall this year, blaming increased “competitive intensity” in the UK market and sending its shares ...