International

The sharp decline in international stock indices earlier this week served as a reminder of the fragile economic balance on the global stage, according to economist Tassos Yiasemides. Speaking to ...

A meltdown in world equity markets in recent days is more reflective of a wind-down of carry trades used by investors to juice their bets than a hard and fast ...

Britain’s top eight banks including HSBC, Barclays, Lloyds and NatWest could be wound down in a crisis without the immediate need for taxpayer cash, the Bank of England said ...

Oil giant Saudi Aramco (2222.SE) on Tuesday reported a 3.4 per cent fall in second-quarter profit on lower crude volumes and softer refining margins, yet kept its generous dividend policy unchanged, ...

Global stocks rose in jittery trading on Tuesday, as the uncertainty generated by the previous day’s aggressive selloff weighed on investor sentiment, even though central bank officials said all ...

The number of foreign tourists in Spain jumped 13 per cent in the first-half of 2024, putting the country on track for another record year for visitor numbers despite growing discontent over ...

Britain’s financial watchdog has announced that it has widened the range of “dormant” assets, or money in financial firms’ accounts to tap a potentially extra 880 million pounds ($1.12 billion) to ...

Growth in Saudi Arabia’s non-oil sector eased in July from the previous month, with new orders increasing at the slowest pace in two and a half years, a survey ...

The United Arab Emirates’ non-oil private sector expanded at its slowest pace in almost three years in July, a survey showed on Monday, with both output and new order growth ...

Bitcoin and ether plunged on Monday to multi-month lows as worries over a possible US recession in the wake of soft data gripped financial markets and triggered a rush to ...

Stock markets tumbled on Monday and Japanese shares plummeted a gut-wrenching 13 per cent as fears the United States could be heading for recession sent investors rushing from risk while wagering ...

By Geoffrey Ditta The allure of Europe’s capitals and major cities is undeniable. For decades, people have flocked to them to work in industry, set up businesses, and seek ...

The market for artificial intelligence (AI) platforms software experienced rapid growth in 2023 and is expected to maintain its remarkable momentum, driven by the increasing adoption of AI across numerous industries, ...

Major video game publishers including Electronic Arts and Take-Two will likely stave off a big hit from the strike by voice actors and motion-capture artists due to their in-house studios ...

Companies worldwide are lowering full-year sales and profit guidance as higher interest rates and weakness in China’s economy hurt global consumer sentiment, taking the shine off earnings growth in ...

Apple’s (AAPL.O) upcoming artificial intelligence features will arrive later than anticipated and will miss the initial launch of upcoming iPhone and iPad software overhauls, according to a report ...

Global hedge funds ditched bets against European stock markets at the fastest pace in 10 years amid a raft of better-than-expected company results, according to a Goldman Sachs (GS.N) note ...

McDonald’s (MCD.N) reported a surprise drop in sales and missed Wall Street estimates for quarterly profit on Monday, as the burger giant struggled to draw in cash-strapped customers ...

Diageo (DGE.L) is set to post its first yearly sales decline since 2020 next week, when it needs to convince investors that plans to turn around its North American and ...

YouTube speeds in Russia are set to sharply decline on desktop computers due Google’s failure to upgrade its equipment in Russia and its refusal to unblock channels of Russian ...

By Ioannis Tirkides A common thread runs through many of the elections taking place around the world this year: a rise in populism and nationalism, a move towards protectionism and ...

Eurozone banks have “room for improvement” in their cyber security, starting with how they would keep their business running after a hack, the European Central Bank said in an announcement. ...

LinkedIn agreed to pay $6.625 million to settle a proposed class action accusing the Microsoft (MSFT.O) unit of overcharging advertisers by inflating how many people watched video ads on its ...

Meta Platforms (META.O) has said that it will roll out a new tool called AI Studio that will allow users to create, share and design personalized AI chatbots. The ...