International

The pound rose on Friday after data showed the British economy beat expectations in the first quarter of the year, growing 0.6 per cent and leaving behind 2023’s mild recession. Sterling ...

Warner Bros Discovery posted a quarterly loss that was larger than expected as advertising sales slumped at its cable TV unit and the studio segment contended with the fallout of ...

The Bank of England took another step towards lowering interest rates on Thursday, as a second official backed a cut and Governor Andrew Bailey said he was “optimistic that things ...

The Bank of England took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew Bailey said he was “optimistic that things are moving ...

The European Central Bank can press ahead with interest rate cuts this year but needs to rethink how it forecasts inflation and sets policy based on these projections, Belgian policymaker ...

Google parent Alphabet (GOOGL.O) has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest ...

Bonuses are poised to recover on Wall Street this year, fueled by strong equity market gains and recovery in investment banking, according to financial services compensation firm Johnson Associates. Investment ...

British house prices edged 0.1 per cent higher in April to stand 1.1 per cent up on a year earlier, figures from mortgage lender Halifax showed on Tuesday, a slight pick-up from ...

A team from the Financial Action Task Force, an international crime watchdog that “grey-listed” Turkey in 2021, held meetings with Turkish authorities last week ahead of its highly-anticipated report on the ...

British services companies reported the strongest upswing in activity in almost a year during April, despite a new surge in cost pressures, according to a survey that pointed to a ...

Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, analysts said, driven by a shift to electric cars in China and the United States and a return to ...

France’s car industry will aim to ramp up electric car sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday, just as the president ...

Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas ...

The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industry’s capacity between the Far East and Europe by some 15-20 ...

Strong demand for its retro-style Gazelle and Samba sneakers helped drive Adidas’ strong first-quarter growth, especially in its home market of Europe, the company has said, as it moves on ...

By Maria Demertzis We are only halfway through the implementation of the NextGenerationEU Recovery and Resilience Facility (RFF), so the final judgment on its success is still to come. However, ...

Two of Europe’s top airline groups, Lufthansa (LHAG.DE) and Air France-KLM (AIRF.PA), have announced cost cuts after labour disputes and high customer payouts linked to flight disruptions ...

Microsoft will invest $1.7 billion over the next four years into expanding cloud services and artificial intelligence in Indonesia, including building data centres, according to chief executive Satya Nadella. Jakarta is ...

European car giants Volkswagen, Mercedes-Benz and Stellantis all posted lower sales and first-quarter revenue this week as they geared up to launch new models, faced higher costs and were hit ...

Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, joining rivals in benefiting from a solid rebound in the battered global memory ...

Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three sources said, as the South Korean auto group shifts strategy to look beyond electric ...

Aston Martin (AML.L) posted a bigger-than-expected first-quarter pretax loss earlier this week as the British luxury carmaker made fewer cars and burned more cash than analysts anticipated, sending its ...

British manufacturing fell back into contraction in April and cost pressures escalated, although the pace of decline was a little less marked than first feared, a survey showed on Wednesday. ...

Amazon.com reported quarterly results above Wall Street’s expectations this week, as interest in artificial intelligence helped drive cloud-computing growth. CEO Andy Jassy told analysts that for Amazon “there ...