International

HSBC is mulling the combination of its Commercial and Investment banking divisions to eliminate overlapping roles at the lender and cut costs, according to Bloomberg News, citing people familiar with ...

Australia plans to set a minimum age limit for children to use social media citing concerns about mental and physical health, sparking a backlash from digital rights advocates who warn ...

Britain’s financial watchdog said this week it had granted an extension for ‘naming and marketing’ rules aimed at tackling ‘greenwashing’, giving firms until April 2025 to comply. It said funds ...

The United Arab Emirates’ economy grew 3.4 per cent in the first quarter of 2024 compared with the same period the previous year, according to preliminary government estimates reported by the state ...

Microsoft (MSFT.O) held a summit this week to discuss steps to improve cybersecurity systems, after a faulty software update from CrowdStrike (CRWD.O) caused a global IT outage in ...

Britain’s shift towards a services-dominated economy is accelerating, pushing manufacturing’s share of economic output to a historic low and setting the nation apart from its global peers. Recent ...

Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the end of October as a way of prolonging their life cycle and ...

US central bankers will likely start long-awaited interest-rate cuts next week with a quarter-of-a-percentage-point reduction, as stubbornly intact underlying price pressures put them off more aggressive action. Traders now see ...

The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters, but provided almost no clues to its next step, even as investors bet ...

The European Central Bank is almost certain to cut interest rates again on Thursday, but with inflation risks simmering despite anaemic growth, investors will be combing its message for clues ...

Britain’s economy stagnated for a second month running in July as manufacturing output dropped sharply, an inauspicious start for the new government of Prime Minister Keir Starmer who wants ...

The Bank of England will keep its main interest rate at 5.00 per cent next week but reduce it in November even though inflation is expected to stay above the central ...

Budget airline Wizz Air on Wednesday announced the arrival of its first Airbus A321XLR (Extra Long Range) aircraft, which will be joining its UK fleet at London Gatwick on ...

UK grocery inflation edged lower in the four weeks to Sept. 1, data from market researcher Kantar showed this week, after rising for the first time in 18 months in last month’...

The Bank of London has paid all its taxes, a spokesperson said this week, after British media reported that the clearing bank had been hit with a so-called winding-up petition ...

Investor morale in the eurozone fell for a third consecutive month in September, a survey showed this week, dropping to its lowest level since January amid dissatisfaction over the state ...

Aldi’s supermarket group has announced a 16 per cent increase in sales across Britain and Ireland, reaching £17.9 billion ($23.48 billion) in 2023. The retailer also revealed plans to open 23 additional stores by ...

Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, according to a lobby group report. New British Prime Minister Keir Starmer ...

Britain’s antitrust regulator announced that it had provisionally found Alphabet’s (GOOGL.O) Google had abused its dominant position in digital advertising to restrict competition. The Competition and Markets ...

British house prices rose last month at the fastest annual pace since late 2022, according to data from mortgage lender Halifax, adding to signs of renewed momentum in the property market ...

Europe’s auto industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, according to Renault CEO Luca de Meo. Automakers face ...

Britain’s labour market cooled noticeably last month as job placements fell sharply and pay growth slowed, according to a survey of recruiters on Monday that could bolster the case ...

Oil futures jumped in Asian trading on Monday as a potential hurricane system approached the US Gulf Coast, and as markets recovered from a selloff following weaker-than-expected US jobs data ...

A boom in data centers is expected to produce about 2.5 billion metric tons of carbon dioxide-equivalent emissions globally through the end of the decade, and accelerate investments in decarbonization efforts, ...