UBS Group (UBSG.S) is looking to cut more than half of Credit Suisse’s workforce from next month as a result of the bank’s takeover, Bloomberg News reported ...
Britain attracted more foreign direct investment (FDI) projects in 2022/23 than the previous year, but they generated fewer new jobs, government figures showed on Tuesday.
Data from the Department for Business ...
European Central Bank policymakers don’t generally expect evidence that stubborn inflation is easing to be clear enough for them to pause the longest streak of interest rate hikes in ...
One in seven people in the United Kingdom faced hunger last year because they did not have enough money, according to a report published on Wednesday by food bank charity ...
Online’s share of Britain’s grocery market slowed further in June as hot weather encouraged shoppers to visit stores for drinks and refreshments, industry data showed on Tuesday.
Market ...
has reached a deal that will give US electric vehicle (EV) maker Lucid Group (LCID.O) a 3.7 per cent stake in return for access to its “high performance” technology, the ...
IBM (IBM.N) said on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners for $4.6 billion in cash, in the latest deal to bolster its capabilities in ...
Deutsche Bank (DBKGn.DE) has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining the challenges global investors face to recover stranded ...
Companies will face more pressure to disclose how climate change affects their business under a new set of G20-backed global rules aimed at helping regulators crack down on greenwashing.
...
BlackRock’s plans for a bitcoin fund have helped push the world’s largest cryptocurrency to its highest in a year, but rising interest rates and a regulatory crackdown could ...
A blistering rally in Tesla Inc (TSLA.O) shares has powered the EV maker’s market value toward trillion-dollar levels, prompting some analysts to question its valuation and downgrade the ...
Soaring mortgage costs in Britain are fuelling fears among homeowners, investors, charities and policymakers about the growing strain placed on borrowers, but lenders have so far sounded broadly sanguine about ...
Accenture fanned concerns about dwindling IT spending on Thursday with a quarterly revenue forecast that was below Wall Street estimates, sending its shares down more than 5 per cent.
CEO Julie ...
By Maria Demertzis and Josh Lipsky
Central bank digital currencies (CBDCs) are becoming a reality around the world, with more than 110 countries now exploring ‘digital cash’. Of the G20 economies, 18 ...
British retail sales unexpectedly rose in May, boosted by an extra bank holiday to mark the coronation of King Charles but also suggesting most consumers were coping with high inflation’...
For Ros Deegan, the thrill of raising $100 million to expand a biotech firm among the dreaming spires of Oxford was soon tempered: unable to find a bigger laboratory, she routinely ...
A year ahead of the Paris Olympics, flying taxi maker Volocopter wants to prove to executives at the Paris Airshow it is on track to ferry customers around the sporting ...
Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the battery metal to meet the world’s ...
SoftBank Group (9984.T) Chief Executive Masayoshi Son said on Tuesday he is a “heavy user” of ChatGPT, the artificial intelligence-powered chatbot from Microsoft (MSFT.O) backed startup OpenAI.
“I am ...
Euro zone business growth stalled this month as a manufacturing recession deepened and a previously resilient services sector barely grew, leaving the European Central Bank in a policy dilemma as ...
Japanese automaker Suzuki Motor Corp (7269.T) said on Tuesday it had reached an agreement with SkyDrive Inc to make “flying cars”.
The companies will use a Suzuki Group factory in ...
Ford Motor (F.N) is preparing for a new round of layoffs for its salaried workers in the United States, the Wall Street Journal reported on Thursday, citing people familiar ...
Greece is heading into an election weekend with its public debt trading near the levels enjoyed by first-class peripheral countries, a decade after a debt crisis forced a dramatic reshaping ...
The Turkish lira weakened as much as 2.8 per cent to a fresh record low early on Friday, extending losses as the central bank’s large rate hike a day earlier, ...