International

Artificial intelligence and US election have emerged as significant risks to businesses this year with an overwhelming 80 per cent of owners worried their insurance will not cover a specific loss, ...

FedEx (FDX.N) is planning to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest push to cut costs as the parcel delivery giant combats a slump in freight ...

The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot PJSC (FLOT.MM) in a move to limit the Kremlin’s ability to finance its war against Ukraine, ...

German carmaker Audi will invest one billion euros ($1.08 billion) in electric vehicle projects in the Mexican state of Puebla, the state’s governor said on this week. The investment will ...

Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial ...

Tech and competition watchdog groups have called on the US Department of Justice to probe YouTube, saying the video-streaming platform could enable Google and its parent company, Alphabet (GOOGL.O), ...

Oracle shares (ORCL.N) jumped 9 per cent earlier this week as investors cheered a boom in demand for the company’s relatively low-cost cloud infrastructure services from artificial intelligence applications. ...

China-based suppliers, which buck traditional manufacturing processes by taking small initial orders and scaling up based on demand. Most of the clothing Shein sells is made in Guangzhou, China, by ...

British pub group Fuller, Smith & Turner (FSTA.L), on Thursday, posted higher sales for the first 10 weeks of the new fiscal year, aided by strong demand and lower costs, ...

Apple’s developer conference was about more than infusing its software with the latest artificial intelligence technology, including from ChatGPT. It was also about selling more iPhones. Facing choppy consumer ...

A Czech billionaire who turned a regional energy company into a global business empire after the fall of the Berlin Wall is now betting on selling lottery tickets in places ...

Samsung Electronics (005930.KS) said on Thursday its chairman met with the heads of Meta (META.O), Qualcomm (QCOM.O) and Amazon (AMZN.O) this week to discuss cooperation and that ...

Greece needs to reduce rampant construction and protect water resources and coastal areas if it wants to maintain a healthy tourism industry across its mountainous mainland and beach-lined islands, the ...

A surge of trading in some short-dated GameStop options contracts on Wednesday suggested to some market participants that Keith Gill, the stock influencer known as Roaring Kitty, may have sold ...

New US sanctions that forced Russia’s leading exchange to halt dollar and euro trading led to a range of varying prices and spreads as trading moved over-the-counter (OTC) on ...

Wet weather helped bring Britain’s economic growth to a halt in April after a strong start to 2024, and the opposition Labour Party jumped on the figures to attack Prime ...

The Bank of England will start cutting interest rates in August, according to all but two of 65 economists polled by Reuters, and most of them expect at least one more ...

Gold’s lightning rally to successive record highs shows every sign of continuing in the second half of 2024 as the fundamental case for bullion remains firmly in place, though $3,000 per ...

The European Commission notified car makers on Wednesday that it would apply additional duties of up to 38.1 per cent on imported Chinese electric vehicles from next month, a move likely ...

The international use of the euro remained broadly stable in 2023, with its share across various indicators of international currency use staying above 19 per cent. This stability, close to the average ...

The World Bank on Tuesday said the US economy’s stronger-than-expected performance has prompted it to lift its 2024 global growth outlook slightly but warned that overall output would remain well ...

OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024, despite lower-than-expected use in the first quarter, saying travel and tourism would support consumption ...

General Motors (GM.N) on Tuesday announced a new $6 billion share buyback plan, more than a month after posting upbeat first-quarter results and raising its annual forecast, citing stable prices ...

The International Air Transport Association (IATA) has announced strengthened profitability projections for airlines in 2024, marking an improvement over its previous forecasts in June and December 2023. Despite these gains, the global ...