Living standards in Britain look set to barely grow over the rest of the decade and poorer households are likely to suffer a drop, in part due to a welfare ...
The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost dividends, analysts ...
Tesla’s (TSLA.O) new car sales in Europe fell 27.9 per cent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 per cent, with ...
Britain’s labour market is showing further slowdown signs, according to surveys published on Wednesday which pointed to below-inflation pay growth and a fall in job vacancies, especially for graduate-level ...
Britain’s recent increase in inflation could prove to be a longer-lasting plateau rather than a short-term hump, and the Bank of England should be careful about reducing interest rates, ...
Tesla (TSLA.O) was sued this week by the estates of three people killed last September when their 2024 Model S equipped with Autopilot and Full Self-Driving features crashed on New ...
Goldman Sachs (GS.N) this week announced a firmwide launch of an artificial intelligence assistant, a tool driven by generative AI, to boost productivity, according to an internal memo seen ...
British grocery price inflation rose to 4.7 per cent for the four weeks to June 15, its highest level since February last year, dealing another blow for low-income households, data from market ...
Hedge fund leverage hit a five-year high last week, with speculators buying banks, trading companies and insurance firms, Goldman Sachs data (GS.N) showed, after US interest rates held steady ...
British business activity expanded modestly in June as new orders grew for the first time this year but employers cut jobs more quickly and worried about the conflict in the ...
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that would lead to significant spikes in oil and natural gas ...
Britain aims to cut the electricity bills of thousands of companies from 2027, the key reform in its industrial strategy for the next decade, which it published on Monday.
The main ...
By Miranda Xafa
In a recent article (“The Global Role of the Dollar After the Tramp Tariffs”) I discussed the possibility of a “Mar-a-Lago” accord, proposed by President Trump’s ...
As the US stablecoin bill, known as the GENIUS Act, advances in the Senate, a once-niche corner of the crypto industry is gaining rapid traction among global corporates.
Stablecoins, a ...
Adobe Inc. has released its first dedicated artificial intelligence smartphone app that includes AI models from the company and partner firms, in a bid to tap into a growing trend ...
Global spending on cloud infrastructure services reached $90.9 billion in the first quarter of 2025, according to estimates by industry analysts Canalys.
The company reported that this represents a 21 per cent increase ...
Could baby poop and fungi work together to tackle landfill waste? That’s the idea behind a new product launched by an Austin, Texas-based startup that sells disposable diapers paired ...
Ferrari (RACE.MI), opens new tab has delayed plans for its second fully-electric model that was due out in 2026 to at least 2028, because of a lack of demand for high-performance ...
British online fashion retailer ASOS (ASOS.L) has named Aaron Izzard, director of group finance, as its new CFO as the current finance boss, Dave Murray, will be stepping down ...
ChatGPT maker OpenAI was awarded a $200 million contract to provide the US Defense Department with artificial intelligence tools, the Pentagon said in a statement this week.
“Under this award, the ...
European truckmaking rivals AB Volvo (VOLVb.ST) and Daimler Truck (DTGGe.DE) hope to cut costs and reduce reliance on suppliers by jointly developing a software-defined vehicle program, they said ...
Intel (INTC.O) hired three chip industry executives in engineering and networking roles this week, as part of CEO Lip-Bu Tan’s plans to overhaul top management and turn around ...
Nike’s (NKE.N) launch of a new women’s activewear brand in the US through a partnership with Kim Kardashian-owned shapewear label Skims has been delayed, the Air Jordan ...
The Bank of England held interest rates at 4.25 per cent as expected on Thursday but said it was focused on risks from a weaker labour market and higher energy prices ...