International

Amazon (AMZN.O) Web Services (AWS) said this week that it plans to invest 7.8 billion euros ($8.44 billion) in Germany through 2040 as it builds a cloud computing infrastructure specifically for Europe. ...

By Maria Demertzis Exactly a year ago, I wrote about the process of de-dollarisation. Following the Russian invasion of Ukraine in 2022, G7 currencies lost some of their international attraction because ...

The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and possibly regulated to prevent harm to consumers and ensure the proper ...

Chevron (CVX.N) said it is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the US energy ...

The Bank of England will start bringing down interest rates in August, according to a slim majority of economists polled by Reuters, while only slightly fewer of them predicted a ...

At least one Mondelez (MDLZ.O) investor, Swedish pension fund AP7, will back a resolution calling for the Oreo cookie maker to conduct an independent study of the risks of ...

Google parent Alphabet on Tuesday showed how it is building on artificial intelligence across its businesses, including a beefed-up Gemini chatbot and improvements to its prized search engine as it ...

OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would switch to focus on projected demand for OPEC+ crude, reflecting that ...

British wages grew by more than expected, according to data published this week, but other figures suggested the labour market is losing some of its inflationary heat, keeping the Bank ...

If financial markets are right, interest rates won’t just stay high this year, but possibly forever. The return of inflation means ultra-low rates are history. And markets now reflect ...

British employers expect to raise wages by 4 per cent over the coming 12 months, a similar rate to three months ago, according to an industry survey on Monday that suggested businesses ...

Turkey will rein in public spending and boost efficiency under a savings plan announced on Monday, launching only essential state investment projects in a fresh move to build confidence in ...

Google Deepmind has unveiled the third major version of its “AlphaFold” artificial intelligence model, designed to help scientists design drugs and target diseases more effectively. In 2020, the company made a ...

Meta Platforms (META.O), the parent company of Facebook and Instagram, said that it was expanding its suite of generative AI ads products to offer tools that can automatically create ...

By Anthony King A green industrial future for Europe may depend on an element that is part of a household staple: table salt. Dr John Abou-Rjeily, a researcher at Tiamat ...

Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial ...

Social media platforms like Facebook, Instagram and TikTok will have to “tame” their algorithms to filter out or downgrade harmful material to help protect children under recently published proposed British ...

Airbnb shares tumbled more than 6 per cent earlier this week after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took ...

Ferrari’s (RACE.MI) core earnings rose 13 per cent in the first quarter but its shares fell earlier this week as the luxury sports car maker confirmed its full-year forecasts, ...

Reddit shares soared 14 per cent earlier this week after the social media firm floored investors with strong revenue growth and improving profitability in the first earnings since its market debut. ...

Video game publisher Electronic Arts (EA.O) forecast full-year bookings below Wall Street estimates on Tuesday amid a broader spending slowdown in the gaming industry due to an uncertain economic ...

By Andreas Charalambous and Omiros Pissarides Following successive interest rate hikes and the policy of gradual quantitative easing in the developed economies over the last two years, emerging macroeconomic conditions ...

Walt Disney’s (DIS.N) surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office, sending its shares down 6 ...

British construction companies enjoyed their fastest expansion in more than a year during April, despite a further drop in house-building, according to a survey on Tuesday that added to signs ...