International

Developers at leading US AI firms are praising the DeepSeek AI models that have leapt into prominence while also trying to poke holes in the notion that their multi-billion dollar ...

A clear majority of British businesses look set to cut the size of pay awards for staff in response to coming tax hikes and they remain pessimistic about the outlook ...

Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from ...

Global economic policymakers had been braced for an economic firestorm from the new US administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric ...

Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a wave of caution after the surging popularity of a Chinese artificial intelligence model ...

Investors hammered technology stocks on Monday, sending the likes of Nvidia (NVDA.O) and Oracle (ORCL.N) plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts ...

For all its talk of radical change, Volkswagen’s (VOWG_p.DE) cost-cutting deal in Germany relies heavily on the automaker’s tradition of cooperation between managers and workers, according ...

Qatar plans to introduce three new laws as part of a sweeping review of legislation designed to make the Gulf Arab state more attractive to foreign investors, the new minister ...

At least 49 billion pounds ($60 billion) of maintenance work at schools, hospitals and prisons in Britain has yet to be carried out, according to a report from a spending watchdog, highlighting ...

Lufthansa Airlines (LHAG.DE) aims to be profitable again but still has a ways to go despite the initial success of its restructuring plan, according to CEO Jens Ritter. Lufthansa ...

Microsoft (MSFT.O) has announced that it changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (ORCL.N) and Japan’...

German online retailers last year eked out slight revenue gains for the first time since 2021, an industry body has revealed, citing higher savings that are giving Germans more confidence to ...

Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into expanded investment and trade with the United States over the next ...

Norway’s sovereign wealth fund announced this week that it has bought a 25 per cent stake in a mixed-use property portfolio located in London’s Mayfair district for 305.7 million pounds ($376.53 ...

Britain’s decision to force out the chair of its antitrust regulator after he failed to prioritise the Labour government’s growth agenda indicates the country’s attempt to rein ...

By Charles Ellinas The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of 2026 as shown in Figures 1 and 2 below.  Clearly, ...

After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets with one eye on new Trump administration policies and another on a ...

British pay growth in the private sector picked up in the three months to November but a plunge in payrolls added to signs of a softer labour market, according to ...

Shares of Netflix (NFLX.O) soared 13 per cent to an all-time high on January 22 after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in ...

Oracle’s (ORCL.N) shares jumped nearly 9 per cent before the bell on January 22 after US President Donald Trump said the company would make a large investment in artificial intelligence ...

Home sales in Turkey climbed 20.6 per cent in 2024 compared to a year ago, even as sales to foreigners tumbled 32.1 per cent, Turkish Statistical Institute data showed this week. Russians again ...

The International Maritime Organisation (IMO) has officially opened its Regional Presence Office (RPO) for the Middle East and North Africa (MENA) region in Alexandria, Egypt, a city with a deep ...

Norway’s central bank held its policy interest rate unchanged at a 17-year high of 4.50 per cent on Thursday, as unanimously expected by analysts in a Reuters poll, and maintained ...

South Korea’s Hyundai Motor (005380.KS) said on Thursday it is in talks with General Motors (GM.N) to supply commercial electric vehicles to its US peer, as it expects ...