International

Swedish telecom equipment maker Ericsson (ERICb.ST) reported this week a swing to a bigger second-quarter adjusted profit than expected, helped by sales growth in North America and cost cuts, ...

Diageo (DGE.L) CEO Debra Crew has stepped down after two years in the job, the world’s biggest spirits maker has said, with finance chief Nik Jhangiani taking over ...

BMW Group announced this week a new partnership with Chinese autonomous driving company Momenta to jointly develop advanced driver assistance systems tailored for the Chinese market. The technology, designed for ...

Average house prices in the United Kingdom in May were 3.9 per cent higher than a year earlier, after a 3.6 per cent rise in the year to April, the Office for ...

Britain’s financial regulator on Friday unveiled proposed measures aimed at safeguarding consumers who use buy now, pay later (BNPL) services. The draft rules include affordability assessments, improved access to ...

OpenAI has included Alphabet’s (GOOGL.O) Google Cloud among its suppliers to meet escalating demands for computing capacity, according to an updated list published on the ChatGPT maker’s ...

Volvo Cars reported a sharp decline in second-quarter operating profit on Thursday that nonetheless exceeded analyst expectations, sending shares up, though the company continues to face headwinds from tariffs and ...

The European Central Bank (ECB) this week launched a public contest for the design of future euro banknotes, marking the next step in the euro banknote redesign process. According to ...

British pay growth slowed in May and employee numbers dropped further last month, but the cooling in the labour market which had alarmed some policymakers appeared less acute than previous ...

Oil prices edged up on Thursday on signs of easing trade tensions, stronger than expected economic data from the world’s top oil consumers and renewed risks in the Middle ...

Greek airline Aegean is committing €4 billion to expand its fleet with 60 new aircraft by 2031, as it prepares to launch its first direct flights to India in March 2026 using long-range Airbus ...

Goldman Sachs’ (GS.N) second-quarter profit exceeded Wall Street expectations, as turbulent markets lifted revenue from its equities division to a record and a pickup in dealmaking boosted investment banking. ...

Large US multinationals should soon start showing the positive effects of the dollar’s tumble in recent months, reversing the situation in the past few years when the greenback’s ...

US President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10 per cent ...

Britain’s financial regulator fined Barclays 42 million pounds ($56 million) on Wednesday for failing to evaluate money laundering risks while providing services to its clients Stunt & Co and WealthTek. The ...

Oil prices fell by about 1 per cent on Wednesday, as signs of stronger Chinese crude consumption were outweighed by investor caution about the wider economic impact from US tariffs. Prices ...

Britain’s annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6 per cent in June, official figures showed on Wednesday, slightly dampening expectations ...

The European Union has imposed new sanctions on nine individuals and six entities for their involvement in destabilising actions linked to Russia, including campaigns of foreign information manipulation and interference. ...

European Central Bank supervisors are focusing on issues ranging from tariffs to cyber attacks and a possible dollar shortage as they assess potential risks to the region’s banking industry, ...

Road freight transport across the European Union remained steady in 2024, reaching a total annual volume of 1 869 billion tonne-kilometres. This marked a slight increase from 1 857 billion in 2023, amounting to a marginal ...

The European Banking Authority (EBA) this week announced the launch of three public consultations focused on developing new regulatory technical standards and guidelines governing third-country branches operating within the European ...

OPEC, which along with its allies is ramping up oil output, expects “very strong” oil demand in the third quarter and a tight supply-demand balance in the following months, its ...

Britain’s labour market cooled sharply and the number of people available for work jumped at the fastest pace since the COVID-19 pandemic, according to data that is likely to ...

The European Commissioner for Democracy, Justice, Rule of Law and Consumer Protection, Michael McGrath, will host a major meeting in Brussels focused on safeguarding consumer rights in the digital environment. ...