OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen ...
US inflation continues to ease, with wages and the job market cooling and excess price increases largely confined to housing, a situation in which it will likely remain appropriate to ...
HSBC (HSBA.L) is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest.
Jose Carvalho, HSBC UK’...
Bitcoin rose to a record high above $94,000 as a report that Donald Trump’s social media company was in talks to buy crypto trading firm Bakkt (BKKT.N) boosted expectations ...
President Tayyip Erdogan on Wednesday cited the central bank’s year-end inflation forecast of 44 per cent and said Turkey will not let inflation crush people when asked about an expected ...
British inflation jumped by more than expected last month to rise back above the Bank of England’s 2 per cent target and underlying price growth gathered speed too, showing why ...
Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters, but as analysts expect a slower pace of growth, how the company overcomes delays and supply chain ...
Britons started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-term economic growth and productivity, according to official data published this week.
The number ...
Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the “Elden Ring” game, two sources familiar with the matter said, as the technology giant looks to add ...
Britain’s biggest retailers have written to finance minister Rachel Reeves to warn her that last month’s budget will make both higher prices and job losses a certainty and ...
To improve living conditions and reduce buildings’ environmental impact, EU-funded researchers are making deep renovations possible across Europe by securing financing, setting strict standards and building trust with residents.
By ...
By chiefly focusing on trying to salvage its industry champions, German policymakers may have overlooked the untapped growth potential of the country’s services sector.
The German economy, once described ...
Artificial intelligence companies like OpenAI are seeking to overcome unexpected delays and challenges in the pursuit of ever-biggerlarge language models by developing training techniques that use more human-like ways for ...
EU-funded researchers are reclaiming Europe’s space in the online world by developing the infrastructure needed to support a greater diversity of European search engines.
By Jack McGovan
Megi Sharikadze, ...
SoftBank’s Japanese telecoms unit will receive the first chips using Nvidia’s (NVDA.O) latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks ...
By Ioannis Sidiropoulos
The fall of the Berlin Wall on November 9, 1989, marked a monumental turning point in world history. It symbolized the collapse of communist regimes across Eastern Europe and ...
Amazon.com’s (AMZN.O) cloud computing unit this week said it will offer free computing power to researchers who want to use its custom artificial intelligence chips, aiming to ...
British grocery sales growth slowed over the last month as shoppers held back spending in anticipation of upcoming Christmas festivities and Black Friday promotions, industry data showed this week.
Market ...
Meta Platforms (META.O) plans to offer Instagram and Facebook users in Europe the option to receive “less personalized ads,” the tech giant has announced, in an effort to allay ...
Mitsubishi UFJ Financial Group , Japan’s top lender by assets, this week raised its annual net profit forecast to a record 1.75 trillion yen ($11.23 billion) after second-quarter profit surged on higher ...
Investment in Norwegian oil and gas projects will rise to a record this year and may increase further in 2025 as inflation pushes up the costs of development, a national statistics ...
By Charles Ellinas
Much has been said about Donald Trump’s return to the American Presidency and his likely impact on world politics. The bewildering mixed-bag of views is a ...
Audio-streaming giant Spotify (SPOT.N) forecast fourth-quarter profit above Wall Street estimates this week, betting on cost cuts and strong subscriber growth in the crucial holiday season.
Its shares that ...
Netflix (NFLX.O) said this week its ad-supported tier had reached 70 million monthly active users globally, nearly doubling from about six months earlier as customers seek more affordable options.
The ...