International

British services firms lost momentum last month as a looming rise in employer taxes led to the fastest job cuts in four years but price pressures remained strong, according to ...

The European Community Shipowners’ Associations (ECSA) have endorsed the European Commission’s new Competitiveness Compass, viewing it as a fundamental initiative for enhancing competitiveness and fostering open trade. The EU’...

British consumers received some relief to pressure on their budgets in January as a step-up in supermarket promotions meant grocery inflation edged lower following four straight months of rises, according ...

British businesses turned more pessimistic in January, extending a run of falling corporate confidence to five months, but there were some more hopeful views about trading prospects for the coming ...

British factories reported another tough month in January as output, new orders and employment all fell, with companies hit by higher costs even before payroll taxes and the minimum wage ...

Despite Cyprus’ relatively modest trade volume with the US, the island could still experience indirect effects of US tariffs on European goods, warned Sofronis Clerides, professor of economics and dean ...

US crude prices fell by nearly 2 per cent on Tuesday as US tariffs on China took effect, though President Donald Trump paused for a month a decision on steep levies ...

Britain’s financial watchdog has laid out plans to make it easier for retail investors and wealth managers to buy corporate bonds and for companies to raise capital from these ...

US manufacturing grew for the first time in more than two years in January amid strong orders, but a measure of prices paid by factories for raw materials rose solidly, ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the US government’s Energy Information Administration from the sources used to ...

Hedge funds last week jettisoned global stocks and added bets they would decline, said Goldman Sachs (GS.N), just before US President Trump announced tariffs that sent global markets tumbling. ...

US companies will look to the Middle East and India for more aluminium and to Chile and Peru for copper as they seek to circumvent sweeping tariffs imposed by US ...

The dollar surged on Monday, pushing its Canadian counterpart and the Mexican peso to multi-year lows while China’s yuan slumped to a record trough in offshore trade after US ...

Cryptocurrency prices slid on Monday, with bitcoin at a three-week low, as the risk of a trade war spooked investors and caused a selloff across financial markets. Bitcoin , the world’...

Turkey’s monthly inflation rate climbed more than expected to 5.03 per cent in January due to a minimum wage hike and several new-year price updates, while annual inflation fell to 42.12 ...

The National Bank of Greece (Cyprus) recently presented its activities in the Cypriot business environment during a conference held in Athens. In a speech delivered at the event, Marilena Sevastidou, ...

By Maria Demertzis For all the talk about the harm of global tariffs and trade wars, the EU could give business a significant boost––while increasing its own revenues from ...

EU investment in the push for ever smaller and more powerful microchips is helping support innovation in AI, the space industry and beyond. By Anthony King On 1 June 2024, a spacecraft ...

Germany needs to overcome its structural weaknesses if it wants to keep its AAA credit rating in the long term, Eiko Sievert, executive director at European ratings agency, Scope Ratings, ...

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 ...