Boeing will likely miss a key 737 MAX jet production target in 2024, analysts at rating agencies Moody’s and S&P told Reuters, saying that the company faces challenges as ...
By Dr Dipesh Shah
The government of India implemented a major financial sector reform by establishing the country’s maiden International Financial Services Centre (IFSC) in GIFT City, Gujarat. The ...
Microbes and fungi have long been nature’s helpers in producing fine food, drinks and medicine, but new digital technologies could unlock far greater potential for the European biotech sector.
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British employers expect to raise pay by 3 per cent over the coming year, the lowest planned increase in two years and down from 4 per cent three months ago, a survey ...
ByteDance has expanded its offering of a software that can generate videos based on text prompts, joining a growing number of Chinese tech firms entering an emerging market also targeted ...
Portfolio managers at hedge funds have retrenched from some of their riskier positions after a volatile week for markets.
A brutal selloff and recovery in global markets in the past ...
Oil prices rose for a fifth consecutive session on Monday, extending gains from the previous week’s more than 3 per cent rise, as US recession fears eased while geopolitical tensions ...
Around $2.3 billion in dollar and euro bills have been shipped to Russia since the United States and EU banned the export of their banknotes there in March 2022 following the invasion ...
By Ioannis Tirkides
When the Bank of Japan raised its key interest rate from a range of zero to 0.1 per cent to 0.25 per cent, arguably to stem the yen’s ...
For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different.
About seven years ...
When Mike Hopkins was approached about leading Amazon Prime Video, his view of the streaming service matched one held widely in Hollywood — it was nothing more than a perk for ...
Collaboration between Europe and Africa on support for small business start-ups is heralding in a new era for EU-Africa cooperation on innovation.
By Andrew Dunne
From her offices in Cape ...
South Korean auto maker Hyundai Motor Company will invest 1 billion baht ($28 million) to set up a facility to assemble electric vehicles and batteries in Thailand, the country’s Board of ...
Shares of Airbnb (ABNB.O) slumped nearly 14 per cent on Wednesday after the online travel company forecast third-quarter revenue below estimates, citing slowing demand in the United States and shorter ...
Japan’s Honda Motor (7267.T) reported a 23 per cent increase in first-quarter profit this week as the automaker benefited from a weaker yen, higher pricing and growing hybrid vehicle sales ...
Shares of Germany’s Commerzbank (CBKG.DE) fell as much as 6 per cent earlier this week after it reported larger than expected loan loss provisions in the second quarter.
The ...
WK Kellogg (KLG.N) plans to completely shut down its Omaha, Nebraska, plant by the end of 2026 under a reorganization that will also reduce the cereal maker’s headcount by ...
Apple’s (AAPL.O) lucrative deal with Google (GOOGL.O) could be under threat after a US judge ruled that the Alphabet-owned search giant was operating an illegal monopoly.
A ...
Continental (CONG.DE) delivered better-than-expected results this week and said the second half of the year would be even stronger as cost-cutting and restructuring measures underway at the German car ...
Robinhood (HOOD.O) beat Wall Street expectations for second-quarter earnings this week, as interest in meme stocks and cryptocurrencies soared, and said it continued to gain retail trading market share ...
Ralph Lauren (RL.N) beat first-quarter profit estimates on Wednesday as steady demand for its pricey denims and polo shirts in Europe and China offset slower sales in the US.
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Under Armour (UAA.N) posted a surprise first-quarter profit on Thursday, benefiting from its efforts to cut inventory and promotions at a time when consumers are picky with what they ...
The sharp sell-off in tech stocks has created opportunities to buy into profitable companies at a cheaper price, the chief investment officer of HSBC’s private bank said this week.
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The Paris Olympics is giving a much-needed lift to the French economy thanks to increased consumer spending, according to a report from U.S bank card and financial transactions firm ...