International

Mergers could allow banks to become more resilient to shocks and to operate more efficiently and would benefit the European Union economy, according to the European Commission. The EU’s ...

Stellantis (STLAM.MI) is searching for CEO Carlos Tavares’ successor, the company has said, after the Chrysler parent laid out a plan to strengthen North America operations by slashing bloated ...

Europe’s biggest tour operator TUI this week confirmed its annual guidance and mid-term targets after a strong summer season, sending its shares up in morning trading. Shares in TUI ...

ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with ...

Germany’s leading economic institutes have downgraded their forecast for 2024 and now see Europe’s largest economy shrinking by 0.1 per cent, they said in their autumn joint economic forecasts. The ...

HSBC said this week that it now expects the European Central Bank to cut interest rates by 25 basis points at every meeting from October through to April next year given ...

The Federal Reserve’s aggressive start of the easing cycle has rekindled inflation worries in the US bond market, as some investors fear looser financial conditions could re-ignite price pressures. ...

French telecom operator Orange (ORAN.PA) announced this week its intention to delist its shares from the New York Stock Exchange (NYSE), citing the financial cost of the secondary listing. “...

Turkish households’ expectations for annual inflation 12 months ahead stood at 71.6 per cent in September, the central bank said on Wednesday, down 1.5 points from a month earlier. Market participants’ expectations for ...

Germany’s leading economic institutes have downgraded their forecast for 2024 and now see Europe’s largest economy shrinking by 0.1 per cent, people familiar with the figures from the autumn joint ...

Toyota Motor (7203.T) on Tuesday increased its share buyback plan through April 30 to up to 1.2 trillion yen ($8.31 billion) from 1 trillion yen in view of the latest share price. Toyota had ...

British businesses reported a slowdown in growth this month as some firms feared higher taxes, according to a survey that also showed waning price pressures, potentially encouraging the Bank of ...

British manufacturers reported the fastest fall in export demand this month since December 2020, just before Britain left the European Union’s single market, the Confederation of British Industry said this ...

Greece’s bank bailout fund HFSF will start the process to sell a stake of up to 12 per cent in National Bank of Greece (NBGr.AT) early next week, two ...

Saudi Aramco (2223.SE) is planning to raise up to $3 billion in five and 10-year US dollar-denominated sukuk, or Islamic bonds, according to two sources with direct knowledge of the matter ...

Nike’s new CEO is expected to double down on the company’s efforts to repair relations with retailers to energize sales, reversing a strategy under outgoing chief John Donahoe ...

Long-delayed reforms to the Reserve Bank of Australia (RBA) faced a fresh setback on Monday as Greens lawmakers demanded the Labor government engineer a cut in interest rates in exchange ...

British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of England as it seeks further signs that inflation ...

Alphabet unit Google has agreed for the first time ever to purchase nature-based carbon removal credits from a Brazilian startup, its first engagement with carbon projects in the South American ...

United Arab Emirates-based artificial intelligence company G42 has teamed up with US chipmaker Nvidia (NVDA.O) to work on climate tech, G42 has announced, ahead of the first-ever visit to ...

By Andreas Constantinides As the new school year begins and considering the increased use of technology by children, it is imperative to implement strict security protocols and raise awareness about ...

Wealthy families are seeking out risky assets and reducing cash holdings as they turn more bullish about the investment outlook, according to a Citigroup (C.N) survey. About 97 per cent ...

Booking.com’s restrictions against hotels offering lower rates on their websites or on rival sites are unnecessary and could reduce competition, Europe’s top court said this week in ...

Facebook owner Meta (META.O) agreed to buy up to 3.9 million carbon offset credits from Brazilian investment bank BTG Pactual’s forestry arm through 2038, the companies said this week in ...