International

Major central banks in December delivered their biggest policy easing push since the spring 2020 COVID rate-cutting frenzy, with the latest moves making the annual 2024 easing effort the biggest in 15 years ...

The volume of global crude exports in 2024 declined 2 per cent, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as refinery and pipeline ...

British house prices dropped unexpectedly last month for the first time since March although they finished the year higher than in December 2023, figures from mortgage lender Halifax showed on Tuesday. ...

Cyprus further solidified its position in the global satellite industry in 2024, with the launch of its fifth telecommunications satellite by Overhorizon, a company with Swedish ties. This marks another significant ...

British business activity growth slowed to a crawl in December and employers cut staffing at the fastest rate in almost four years as a slump in corporate morale after the ...

Microsoft (MSFT.O) is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company said ...

A US bank regulator told banks to pause dabbling directly in crypto in 2022 and 2023, but did not order them to stop providing banking services to crypto companies contrary to industry ...

Sales of new passenger cars in Russia increased by 47 per cent year on year to 1.55 million units in 2024, Russian news agencies reported, citing industry and trade ministry data. New sales ...

OpenAI recently laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI ...

The number of people visiting British shops last year fell by 2.2 per cent, the biggest drop since 2021, industry data has shown, adding to signs of a broader economic slowdown. The ...

Staying home to dance the night away may soon be the next big thing. EU-funded researchers are using AI to create an online dancefloor for the whole world to share. ...

The cybersecurity sector is poised for a shift in perception regarding artificial intelligence (AI) in 2025, according to Andrey Leskin, CTO of Qrator Labs. “Over the past two years, there have ...

From solar energy beamed from space to genetic brain maps and live self-repairing bridges, research in 2025 is promising. And we may see more changes that make cities greener and cleaner. ...

Poland’s manufacturing sector saw a further decline in December, with the Purchasing Managers’ Index (PMI) dropping to 48.2 from 48.9 in November, marking the strongest deterioration since August, S&P ...

Nvidia (NVDA.O) emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various ...

British house prices surged again in December as the property market upswing continued, surprising economists who had expected to see a slowdown in price growth, mortgage lender Nationwide said this ...

Chipmaker Nvidia (NVDA.O) has completed its acquisition of Israeli AI firm Run:ai, the startup said this week, following antitrust scrutiny over the buyout. The European Commission granted unconditional ...

Samsung Electronics (005930.KS) became the largest shareholder of South Korea’s Rainbow Robotics (277810.KQ), the robotics company said in a regulatory filing. Samsung, which had previously invested in the robotics ...

Turkish inflation was lower than expected at 44.38 per cent annually and 1.03 per cent on a monthly basis in December, data showed on Friday, in a month in which the central ...

British lenders approved fewer mortgages than expected in November and consumer lending increased at the weakest pace since mid-2022, according to Bank of England data that chimed with other indications ...

Lending to eurozone companies and households grew at a modest pace in November, pointing to a lacklustre end of the year for the bloc’s economy, European Central Bank data ...

British factory activity shrank at the fastest pace in 11 months in December and manufacturers cut staffing levels due to higher taxes and weak foreign demand, a survey showed on Thursday, ...

The Bank of England said on Thursday it had allotted 46.180 billion pounds ($57.49 billion) at its first short-term repo of 2025, the second-highest amount on record and up from 38.075 billion pounds at ...

Sterling dropped to a near-nine month low against the dollar on Thursday, hurt by the US currency’s relentless rise on expectations of dollar-supportive policies from incoming President Donald Trump ...