International

Germany plans to invest around 20 billion euros ($22.15 billion) in the semiconductor industry in the coming years, the economy ministry said on Tuesday, as it seeks to attract global chipmakers to ...

US tech giants could signal an end to the nearly year-long slowdown in their cloud businesses as signs of economic resilience encourage clients to boost technology spending, while a pickup ...

By Ioannis Tirkides A world war, especially on European soil, is unthinkable but raises legitimate concerns. The war in Ukraine has now dragged on for a year and a half, ...

Top central banks continued with another round of interest rate hikes this week despite cooling inflation, but have now switched to a more cautious posture about further moves in a ...

Euro bulls are set for an anxious summer ahead as doubts creep in over how far the ostensibly still-hawkish European Central Bank will go with interest rate rises. The euro ...

Meta Platforms (META.O) executives are heavily focused on boosting retention on their new Twitter rival Threads, after the app lost more than half of its users in the weeks ...

Turkey’s new central bank chief pitched a comprehensive monetary policy in her first formal address to the media while her acknowledgment of stark inflation pressures was welcomed by foreign ...

Sony Group Corp (6758.T) has sold more than 40 million PlayStation 5 consoles, its gaming division said on Thursday, citing the easing of supply chain problems. “It took months for supply chains ...

The investment firm of Spanish billionaire Amancio Ortega, the founder of fashion giant Inditex (ITX.MC), on Thursday reported a 2.8 billion-euro jump in the market value of its real estate ...

The European Central Bank raised interest rates for the ninth consecutive time on Thursday and kept the door open to further tightening as stubborn inflation and a growing risk of ...

Seven major automakers on Wednesday said they were forming a new company to provide electric vehicle charging in the US, in a challenge to Tesla (TSLA.O) and a bid ...

Samsung Electronics (005930.KS) on Thursday said the worst is over for the global memory chip market but announced plans to extend production cuts because a demand recovery is largely constrained ...

A look at the day ahead in European and global markets Is the most aggressive US hiking cycle in a generation finished? After Wednesday’s 25 basis point hike, markets seem ...

The International Monetary Fund cut its 2023 GDP growth projection for Saudi Arabia to 1.9 per cent in its latest World Economic Outlook update released on Tuesday, to reflect the impact of ...

British luxury carmaker Aston Martin’s (AML.L) second-quarter results beat market expectations on Wednesday, powered by higher prices and demand for its DBX707 sports utility vehicle and limited edition ...

Deutsche Bank (DBKGn.DE) on Wednesday posted a 27 per cent fall in second-quarter profit as investment banking revenue slumped and warned of the need for cost cuts even though higher ...

A slide in the dollar and signs that volatility is returning to foreign exchange markets as interest-rate hikes bite is causing investors to reassess wildly popular carry trades and to ...

The International Monetary Fund confirmed its latest forecast for British economic growth this year, saying cheaper energy, better relations with the European Union and calmer financial markets had improved the ...

Morgan Stanley cut Israel’s sovereign credit to a “dislike stance” on Tuesday after the country’s parliament passed the first in a series of laws sought by Prime Minister ...

Nestle (NESN.S) and Danone (DANO.PA) are among firms whose product prices in France have risen by more than 10 per cent this year, data shows, potentially putting them under ...

The U.S. Department of Education is investigating whether Harvard racially discriminates by favoring applicants with ties to donors and alumni in its admissions process, according to a letter from ...

Britain is sticking to its plan to ban the sale of new petrol and diesel cars from 2030 but some measures to reduce the carbon footprint of residential homes will be ...

Apple (AAPL.O) on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees. ...

Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta (META.O) and Microsoft (MSFT.O) already have intellectual property rights to the ...