The US dollar was headed for an almost 7 per cent annual gain while Japan’s yen was set for a fourth consecutive year of losses on Friday, as traders anticipated ...
Turkey’s central bank cut its key interest rate by 250 basis points to 47.5 per cent on Thursday, a bit more than expected, launching an easing cycle meant to leave behind ...
Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down – and at times reversing – climate commitments in a shift that they are ...
The cryptocurrency industry is pushing President-elect Donald Trump’s team to kick start his promised crypto policy overhaul when he takes office next month with executive orders that would help ...
India’s growth trajectory is expected to pick up in the second half of 2024-25, driven by domestic private consumption and a sustained revival of rural demand, the central bank ...
Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, according to Finance Minister ...
Alphabet’s (GOOGL.O) Google’s proposed changes to its search results to comply with EU tech legislation has received the thumbs up from lobbying group Airlines for Europe whose ...
The US dollar’s latest surge has forced central banks around the world to lean against it, selling greenback reserves to stabilise local currencies but potentially exaggerating dollar strength into ...
It could be a bumpy ride for US corporate bond spreads in 2025, with investors and strategists expecting more market volatility, as the new Trump administration implements a reform agenda that ...
Microsoft (MSFT.O) has been working on adding internal and third-party artificial intelligence models to power its flagship AI product Microsoft 365 Copilot, in a bid to diversify from the current ...
Honda (7267.T) and Nissan (7201.T) expect big benefits from their potential merger to create the world’s third-largest auto group but intense competition from China raises questions about whether they ...
Inflation dropped in most economies around the world in 2024, but voters didn’t care.
Angered by the hefty ramp-up in prices for everything from eggs to energy over the past ...
Major banks are planning to sue the US Federal Reserve over the annual stress tests conducted by the regulator, CNBC reported on Tuesday, citing a source familiar with the matter.
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Euronext said on Tuesday it was experiencing an issue in calculating closing prices for cash instruments and would manually update those prices for the assets that had been affected.
“Euronext ...
Britain’s economy failed to grow during the first three months of Prime Minister Keir Starmer’s new government, official figures showed, adding to signs of a slowdown that has ...
Apple (AAPL.O) is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.
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Honda (7267.T) and Nissan (7201.T) are in talks to merge by 2026, they said on Monday, a historic pivot for Japan’s auto industry that underlines the threat Chinese EV makers ...
Global spending on cloud infrastructure services climbed by 21 per cent during the third quarter of 2024, reaching $82 billion, according to technology industry analysts Canalys.
The surge was fuelled by heightened investments ...
Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025.
Dwindling inflation has finally ...
The year ahead is shaping up badly for Europe with its financial markets already hit hard by US tariff fears and political turmoil in France and Germany, yet some investors ...
Italy’s growth rebound from the COVID-19 pandemic is petering out much faster than expected as structural weaknesses resurface, raising risks for the fragile public finances of the euro zone’...
US liquefied natural gas exports are on track to climb to new highs in 2024, as record domestic natural gas production spurred the 10th straight year of volume growth in the ...
Germany’s economic downturn eased slightly in December but business activity still contracted for a sixth month running, according to a survey.
The HCOB German flash composite Purchasing Managers’ Index, ...
In an age of smart machines, EU-funded researchers are ensuring that they are being designed with sustainability and societal well-being in mind.
By Jack McGovan
Machines have always fascinated Dr ...