International

South Korean auto maker Hyundai Motor Company will invest 1 billion baht ($28 million) to set up a facility to assemble electric vehicles and batteries in Thailand, the country’s Board of ...

Shares of Airbnb (ABNB.O) slumped nearly 14 per cent on Wednesday after the online travel company forecast third-quarter revenue below estimates, citing slowing demand in the United States and shorter ...

Japan’s Honda Motor (7267.T) reported a 23 per cent increase in first-quarter profit this week as the automaker benefited from a weaker yen, higher pricing and growing hybrid vehicle sales ...

Shares of Germany’s Commerzbank (CBKG.DE) fell as much as 6 per cent earlier this week after it reported larger than expected loan loss provisions in the second quarter. The ...

WK Kellogg (KLG.N) plans to completely shut down its Omaha, Nebraska, plant by the end of 2026 under a reorganization that will also reduce the cereal maker’s headcount by ...

Apple’s (AAPL.O) lucrative deal with Google (GOOGL.O) could be under threat after a US judge ruled that the Alphabet-owned search giant was operating an illegal monopoly. A ...

Continental (CONG.DE) delivered better-than-expected results this week and said the second half of the year would be even stronger as cost-cutting and restructuring measures underway at the German car ...

Robinhood (HOOD.O) beat Wall Street expectations for second-quarter earnings this week, as interest in meme stocks and cryptocurrencies soared, and said it continued to gain retail trading market share ...

Ralph Lauren (RL.N) beat first-quarter profit estimates on Wednesday as steady demand for its pricey denims and polo shirts in Europe and China offset slower sales in the US. ...

Under Armour (UAA.N) posted a surprise first-quarter profit on Thursday, benefiting from its efforts to cut inventory and promotions at a time when consumers are picky with what they ...

The sharp sell-off in tech stocks has created opportunities to buy into profitable companies at a cheaper price, the chief investment officer of HSBC’s private bank said this week. ...

The Paris Olympics is giving a much-needed lift to the French economy thanks to increased consumer spending, according to a report from U.S bank card and financial transactions firm ...

Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power. Profit ...

Britain’s jobs market showed further signs of cooling last month and employers increased pay more slowly, according to a survey which will form part of the Bank of England’...

Etihad Airways reported a 48 per cent increase first-half profit on Thursday, helped by an increase in passenger and cargo revenue, ahead of possible stock market listing of the Abu Dhabi ...

Yum Brands (YUM.N) beat expectations for second-quarter profit as strength in the US Taco Bell business and cost controls helped offset a sales hit from weak demand at KFC ...

Maersk (MAERSKb.CO) expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by ...

Turkey has blocked access to the popular video game platform Roblox (RBLX.N) over concerns about content that could lead to child abuse, the country’s justice minister said. “Our ...

The interest rate for the most popular US home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy ...

Dubai’s main airport is on track to handle a record number of passengers this year after an 8 per cent year-on-year increase in the first six months, operator Dubai Airports ...

British house prices rose by the most six months in July, according to figures published on Wednesday by mortgage lender Halifax that suggested fresh momentum in the property market. House ...

Britain’s economy grew more strongly than previously thought in 2022, according to revised official data that gave more weight to the oil and gas sector which was buoyed by high ...

Oil prices bounced back from multi-month lows on Wednesday on concerns that an escalating conflict in the Middle East could hurt oil production, even as worries about weak crude demand ...

The sharp decline in international stock indices earlier this week served as a reminder of the fragile economic balance on the global stage, according to economist Tassos Yiasemides. Speaking to ...