International

The winners of Britain’s election on July 4 will have to tackle an economy that looks stuck in a rut of slow growth with high levels of debt limiting the ...

The United Arab Emirates’ (UAE) economy grew 4.3 per cent year-on-year in the fourth quarter of 2023, preliminary government data showed, with non-oil economic growth vastly outperforming overall GDP. Non-oil GDP surged 6.7 ...

The pound held steady on Thursday near multi-month highs a day after British Prime Minister Rishi Sunak called a national election and data showed inflation did not slow as much ...

European low-cost airline Wizz Air (WIZZ.L) forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to an annual ...

Belgium’s finance ministry has refused Russian state-owned bank VTB’s (VTBR.MM) request for licences to unblock customer assets held through its brokerage accounts, the bank said on Wednesday. ...

Britain’s regulators lack the mindset to boost growth and the financial sector’s global competitiveness, and need parliamentary backing to accept more risk when applying rules, the City of ...

British retailer Marks & Spencer (MKS.L) on Wednesday reported a 58 per cent rise in annual profit, ahead of market expectations, as its strategy to re-shape the business delivered strong ...

International investors are skirting German property deals as they dial back on a market in its worst crisis in a generation, potentially deepening the scars on Europe’s biggest economy. ...

Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI) business growth in Europe. In ...

Tesla is working to appease some European leasing companies after the automaker’s repeated retail price cuts tanked their fleets’ value and its slow service and expensive repairs alienated their ...

Prices of homes being put up for sale in Britain have hit record highs despite still expensive mortgage costs, but the pace of gains has slowed, according to data from ...

Ryanair (RYA.I) CEO Michael O’Leary said on Monday that a “recessionary feel around Europe” could be a factor in slower-than-expected growth in airfares as the low-cost carrier posted ...

Researchers are helping residents across the EU opt for clean energy. By Helen Massy-Beresford Europe has a common goal of clean energy and numerous paths towards it. One of the ...

The day before Elon Musk fired virtually all of Tesla’s electric-vehicle charging division last month, they had high hopes as charging chief Rebecca Tinucci went to meet with Musk ...

What is missing from the Paris 2024 Olympics? A tear-jerking corporate advertising campaign from Procter & Gamble saluting the mothers of athletes. The consumer products maker, one of the world’s ...

The recent surge in bitcoin prices has the phones at crypto wallet recovery firms ringing off the hook, as retail investors locked out of their digital vaults make frantic calls ...

The European Commission could fine Microsoft if it doesn’t provide adequate information on risks stemming from generative AI features in search engine Bing by May 27. The Commission said this ...

Shares in Sony Group (6758.T) jumped 12 per cent earlier this week after the company pledged to boost shareholder returns and forecast higher annual profit with a boost from its image ...

Amazon (AMZN.O) Web Services (AWS) said this week that it plans to invest 7.8 billion euros ($8.44 billion) in Germany through 2040 as it builds a cloud computing infrastructure specifically for Europe. ...

By Maria Demertzis Exactly a year ago, I wrote about the process of de-dollarisation. Following the Russian invasion of Ukraine in 2022, G7 currencies lost some of their international attraction because ...

The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and possibly regulated to prevent harm to consumers and ensure the proper ...

Chevron (CVX.N) said it is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the US energy ...

The Bank of England will start bringing down interest rates in August, according to a slim majority of economists polled by Reuters, while only slightly fewer of them predicted a ...

At least one Mondelez (MDLZ.O) investor, Swedish pension fund AP7, will back a resolution calling for the Oreo cookie maker to conduct an independent study of the risks of ...