International

France’s largest video game maker Ubisoft (UBIP.PA) will close its Leamington site in Britain and restructure operations at Ubisoft Düsseldorf, Ubisoft Stockholm and Ubisoft Reflections, impacting 185 employees, ...

Artificial intelligence data startup Turing, one of a growing number of companies that provide human trainers to AI labs, has said that its revenue tripled to $300 million last year as ...

BMW expects its earnings before taxes in the fourth quarter to be significantly below last year and for its full-year margin to be in the lower half of its 6-7 ...

Chief executives of global companies left their jobs in record numbers last year, pushed by intense scrutiny from investors and pressure to keep up with change, according to leadership advisory ...

Wind power generation in Germany – Europe’s largest wind producer – is on track to record its longest stretch of below-normal production since early 2021 due to a spell of low wind ...

Top computer chip equipment maker ASML has reported fourth-quarter bookings of 7.09 billion euros ($7.39 billion) that far exceeded expectations, as a boom in AI drove demand for the company’s most ...

A record EU antitrust fine of 4.3-billion-euro ($4.5 billion) imposed on Google seven years ago punished the tech giant over its innovation, the Alphabet unit (GOOGL.O) told Europe’s top ...

JPMorgan (JPM.N) is in talks to take overflow office space in Credit Suisse’s empty former offices in Canary Wharf, a source familiar with the matter told Reuters, having ...

Prices in British shops fell a bit less sharply in January than in December and food costs rose at the fastest monthly pace since April last year, according to a ...

European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust margins from lending and bumper investment banking revenues. ...

HSBC (HSBA.L) is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a major shake-up ...

Morgan Stanley has forecast UK’s economic growth would be less than 1 per cent this year, echoing the estimate of its Wall Street peers Goldman Sachs and J.P.Morgan, ...

Global air travel revenues surged in 2024, with passenger numbers reaching a record 4.89 billion as demand rose 10.4 per cent over the previous year, exceeding pre-pandemic levels by 3.8 per cent.   This growth ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates ...

Mastercard (MA.N) reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up spending during the holiday season, sending the company’s shares up 2 ...

Global arabica coffee prices hit record highs above $3.60 per lb on Wednesday as Brazil, by far the world’s largest producer, has few beans left to sell and as worries ...

Investors punished Microsoft with a 6 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4 per cent ...

The European Central Bank (ECB) on Thursday announced a reduction in its three key interest rates by 0.25 per cent. This brings the deposit facility rate to 2.75 per cent, the main ...

The payments industry is undergoing a rapid transformation, with technological innovations like tap-to-pay, blockchain integration, and generative AI shaping its future, according to payments giant Mastercard. The company on Thursday ...

A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares that has ...

Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced cars and motorcycles, according to the nation’s economy minister said. ...

Germany is in a deep economic crisis, Germany’s BDI industry association said on Tuesday, forecasting a 0.1 per cent contraction in gross domestic product in 2025. A decline in 2025 would mark ...

Turbulence in some of the biggest tech names is reminding investors of one of the major risks to the US stock market’s record-setting rally: Reliance on a handful of ...

Advertised rents in Britain outside London have fallen on a quarterly basis for the first time since 2019 due mostly to a drop in demand from tenants, according to data published ...