International

The first-ever global carbon tax on shipping is no longer a distant ambition. Talks at the International Maritime Organisation (IMO) headquarters in London this week propose real momentum toward binding ...

Wall Street traders and investors have been sent to the brink over the past week by President Donald Trump’s tariff policy, scrambling to figure out strategies and calming clients ...

Some companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the costs of President Donald Trump’s sweeping tariffs. ...

Tesco (TSCO.L), Britain’s biggest food retailer, warned on Thursday its profit would likely fall this year, blaming increased “competitive intensity” in the UK market and sending its shares ...

Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India, after it stepped up production there in an ...

The searing selloff in Treasuries this week in response to tariffs caused dislocations in the world’s biggest bond market, as hedge funds unwound some debt-fuelled bets and investors raised ...

Tesla (TSLA.O) started selling cars in Saudi Arabia on Thursday, a country where on a 900-kilometre (559 mile) stretch of its main east-west highway linking the capital Riyadh and the ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund an ...

Risks of a hit to the global economy and further sharp falls in financial markets have grown due to US President Donald Trump’s import tariffs and the UK is ...

President Tayyip Erdogan said that Turkey is not expecting a negative situation for its trade, production and exports as a result of US President Donald Trump’s tariffs, which went ...

Britain softened demands on automakers to switch to production of electric vehicles this week, seeking to alleviate pressure on an industry left reeling from US President Donald Trump’s tariffs. ...

A dramatic US stock slide is fanning fears of even more dire scenarios for the market, as investors weigh the potential for a prolonged global trade war and a much ...

US investment bank Goldman Sachs said bond pricing inferred that markets believed there was 70 per cent probability of a Ukraine peace deal, up sharply from before the November election of ...

Hedge funds tracked by Morgan Stanley globally posted growing losses as markets tumbled last week after US President Donald Trump’s announcement of sweeping tariffs, turning year-to-date performance to a 3 ...

Safe havens the yen and the Swiss franc held near six-month highs on Tuesday while the US dollar nursed broad losses as financial markets grappled with mounting recession worries in ...

Oil prices were up around 1 per cent on Tuesday, rebounding from a near four-year low in the previous session on concerns that US tariffs might depress demand and lead to ...

Artificial intelligence group MLCommons unveiled two new benchmarks that it said can help determine how quickly top-of-the-line hardware and software can run AI applications. Since the launch of OpenAI’s ...

In his first remarks as Intel’s (INTC.O) new CEO, Lip-Bu Tan this week outlined a leaner version of the iconic American chipmaker in which he would work directly ...

The frenzy to create Ghibli-style AI art using ChatGPT’s image-generation tool led to a record surge in users for OpenAI’s chatbot last week, straining its servers and temporarily ...

Isomorphic Labs, which uses artificial intelligence technologies for drug discovery, has raised $600 million in its first ever external funding round led by Thrive Capital, the startup has announced. Google Ventures ...

Roblox has launched a new format of video advertising on its gaming platform and announced a partnership with Google (GOOGL.O) to help boost the growth of its nascent ad ...

Prices in British shops fell less in March than in February and are likely to climb soon due to the impact of a new tax on employers and other costs ...

British house prices were flat in March and the market is likely to stay soft after a tax increase on property transactions, mortgage lender Nationwide said this week. A Reuters ...

By Maria Demertzis Geopolitical risks and a fragmenting multilateral system haven’t forced businesses to significantly shorten their supply chains. Tariffs might.  Growing pressures in international trade haven’t undermined ...