International

Britain’s services sector, accounting for much of the economy, shrank in April for the first time since October 2023 and at the fastest pace in more than two years, according ...

Individual investors are likely to see a growing array of financial products containing private credit heading their way in the coming months and years, financial executives said at the Milken ...

British new car registrations fell more than 10 per cent year-on-year in April, with Tesla’s (TSLA.O) UK sales plummeting 62 per cent, dragged by weak consumer confidence and tax increases, ...

Ford Motor suspended its annual guidance on Monday because of uncertainty around US President Donald Trump’s tariffs, saying the levies would cost the company about $1.5 billion in adjusted earnings ...

Tesla’s (TSLA.O) new car sales in Britain plummeted 62 per cent year-on-year in April to their lowest in over two years, even as demand for electric vehicles rose, data ...

Turkey’s Halkbank (HALKB.IS) asked the US Supreme Court to review a lower court ruling saying it can be prosecuted for allegedly helping Iran evade American sanctions, a US-based ...

Volkswagen’s premium brand Audi on Monday kept its full-year guidance, with the caveat that any impact from US tariffs was not included, after its first-quarter revenue rose 12.4 per cent ...

Turkish monthly inflation climbed to 3 per cent in April, data showed on Monday, partly due to a plunge in the value of the lira following the arrest of President Tayyip ...

Berkshire Hathaway (BRKa.N) shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus and culture but worry about ...

Oil prices fell more than 2 per cent on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, spurring concerns about more supply coming into a ...

The European Union will on Tuesday announce a roadmap to phase out the bloc’s remaining gas ties with Moscow, but in the absence of sanctions it will be difficult ...

US President Donald Trump’s tariffs are increasingly clogging up the wheels of a world economy which for decades were greased by predictable and relatively free trade. Big-name multinationals right ...

Sir Stelios Haji-Ioannou, creator and owner of the easy family of brands, has announced the acquisition of 100 per cent of the share capital of easyHotel Ltd by investment funds managed ...

People in emerging economies are more willing to trust AI than those in advanced economies and are more optimistic and excited about its benefits, a major survey by the University ...

Europe has a plan to boost growth and productivity, all while becoming the world’s first climate-neutral continent. By Ross McQueen On a cloudy morning in September 2023, European Commission President ...

Some European tech workers who might once have headed to the United States are looking at defence startups closer to home. Others are rushing back to Europe from jobs abroad. ...

Federal Reserve policymakers won’t take much signal from a decline in first-quarter US GDP, but by June clearer signs of a faltering economy will move central bankers to resume ...

British business sentiment fell to its lowest level in three months and employers were concerned about implications of US tariffs and the wider economy as they grapple with higher employment ...

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 ...