International

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed US attempts to ...

Britain’s housing market slowed last month after the end of a temporary tax break on home purchases which had seen buyers rush to complete transactions in previous months, an ...

The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, though with an unexpected three-way split among policymakers as US President Donald Trump’...

Global air travel demand continued its upward trajectory in March 2025, according to new data from the International Air Transport Association (IATA), despite a growing gap between capacity and load factor. ...

Cyprus, China and EU representatives will join global maritime leaders in Athens next month for the ‘Shaping the Future of Shipping Summit’. The summit will be co-hosted by the Hellenic ...

Britain’s Financial Conduct Authority is seeking feedback on a potential overhaul of mortgage issuance and advice rules, with a view to simplifying responsible lending guidance and stimulating demand in ...

Walt Disney (DIS.N) announced plans on Wednesday to open a Disney theme park in United Arab Emirates’ capital Abu Dhabi in collaboration with regional developer Miral Group, representing its ...

Bankers and CEOs hit the brakes on mergers and acquisitions after US President Donald Trump launched a global trade war on April 2, with fewer deals getting signed than during the ...

The US trade deficit widened to a record high in March as businesses boosted imports of goods ahead of President Donald Trump’s sweeping tariffs, which dragged gross domestic product ...

Britain’s services sector, accounting for much of the economy, shrank in April for the first time since October 2023 and at the fastest pace in more than two years, according ...

Individual investors are likely to see a growing array of financial products containing private credit heading their way in the coming months and years, financial executives said at the Milken ...

British new car registrations fell more than 10 per cent year-on-year in April, with Tesla’s (TSLA.O) UK sales plummeting 62 per cent, dragged by weak consumer confidence and tax increases, ...

Ford Motor suspended its annual guidance on Monday because of uncertainty around US President Donald Trump’s tariffs, saying the levies would cost the company about $1.5 billion in adjusted earnings ...

Tesla’s (TSLA.O) new car sales in Britain plummeted 62 per cent year-on-year in April to their lowest in over two years, even as demand for electric vehicles rose, data ...

Turkey’s Halkbank (HALKB.IS) asked the US Supreme Court to review a lower court ruling saying it can be prosecuted for allegedly helping Iran evade American sanctions, a US-based ...

Volkswagen’s premium brand Audi on Monday kept its full-year guidance, with the caveat that any impact from US tariffs was not included, after its first-quarter revenue rose 12.4 per cent ...

Turkish monthly inflation climbed to 3 per cent in April, data showed on Monday, partly due to a plunge in the value of the lira following the arrest of President Tayyip ...

Berkshire Hathaway (BRKa.N) shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus and culture but worry about ...

Oil prices fell more than 2 per cent on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, spurring concerns about more supply coming into a ...

The European Union will on Tuesday announce a roadmap to phase out the bloc’s remaining gas ties with Moscow, but in the absence of sanctions it will be difficult ...

US President Donald Trump’s tariffs are increasingly clogging up the wheels of a world economy which for decades were greased by predictable and relatively free trade. Big-name multinationals right ...

Sir Stelios Haji-Ioannou, creator and owner of the easy family of brands, has announced the acquisition of 100 per cent of the share capital of easyHotel Ltd by investment funds managed ...

People in emerging economies are more willing to trust AI than those in advanced economies and are more optimistic and excited about its benefits, a major survey by the University ...

Europe has a plan to boost growth and productivity, all while becoming the world’s first climate-neutral continent. By Ross McQueen On a cloudy morning in September 2023, European Commission President ...