International

Global passenger demand experienced a robust increase in January, according to the International Air Transport Association (IATA). Total demand, measured in revenue passenger kilometres (RPK), rose by 10 per cent compared ...

Turkey expects to spend an additional 50.4 billion lira ($1.38 billion) on higher retirees’ allowances and maternity benefits this year, an impact analysis report showed on Thursday. A bill submitted to a ...

Spotify (SPOT.N) has announced that it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Nearly 1,500 artists earned over $1 million in royalties ...

Cooler inflation could allow Federal Reserve policymakers to resume interest-rate cuts later this year, with traders betting on three quarter-point reductions in the policy rate by the end of 2025, starting ...

DP World, a Dubai-owned ports and logistics company, reported a 28 per cent fall in annual profit on Thursday, partly due to higher finance costs, and highlighted that global trade uncertainties ...

Ukraine may import large volumes of US gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles with the impact of ...

Makers of goods from sportswear to luxury cars and chemicals painted a gloomy picture on Wednesday of consumer and industrial health, adding to concerns about the damage from US President ...

Investors are wary about worrisome market signs, after a steep US stocks selloff that has wiped out more than $4 trillion in value and all of the gains notched following President ...

Britain’s payments regulator will be abolished and its remit absorbed by another financial regulator, the government said this week, as it aims to cut red tape in favour of ...

Zara owner Inditex (ITX.MC) this week reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth and ...

The Bank of England (BoE) said on Wednesday it appointed Sarah John, the central bank’s current Chief Cashier, as its new Chief Operating Officer. John will be replaced by ...

The euro zone economy is facing exceptional shocks from trade, defence and climate issues, possibly amplifying inflation volatility and raising the risk that price growth becomes more persistent, ECB President ...

There is about a 40 per cent chance of a US recession this year and a risk of lasting damage to the country’s standing as an investment destination if the ...

Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. Covid-19 and efforts to ...

The Bank of England said it allotted 2.127 billion pounds ($2.75 billion) of six-month funds to banks at an indexed long-term repo operation on Tuesday, the most since April 2020 during the early ...

Deutsche Bank (DBKGn.DE) has raised the parental leave entitlement in its Middle East and Africa regional offices in a bid to offer attractive benefits to employees in an increasingly ...

Aegean Airlines on Tuesday reported a strong start to 2025, carrying 1.9 million passengers in the first two months of the year, marking a 9 per cent increase compared to the same period ...

J.P.Morgan joined Wall-Street peer Goldman Sachs to forecast a boost to the euro area’s economic growth for 2025 on the back of Germany’s fiscal loosening reforms. Similar ...

Britain’s jobs market cooled in February as the pace of hiring slowed and starting salaries rose by the least in four years, according to a survey on Monday that ...

German industrial output rose in January but exports plunged, showing the challenges facing the incoming government in reviving the euro zone’s largest economy in a time of geopolitical uncertainty. ...

Social media platform X is down for thousands of users in the US and the UK, according to outage tracking website Downdetector.com. There were more than 16,000 incidents of people ...

By Miranda Xafa Despite the headwinds caused by the major turmoil and rapid changes in the international environment, Greece’s macroeconomic outlook for 2025 remains more positive than that of the ...

Britain’s Treasury Committee has announced that nine top UK banks and building societies suffered at least 803 hours of unplanned tech and systems outages in the last two years, blocking ...

AxeleraAI, one of Europe’s few companies making computer chips for artificial intelligence, has been awarded a grant of up to 61.6 million euros ($66 million) to develop a chip for use ...