International

The Swiss National Bank (SNBN.S) posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank said on Monday, as the switch to positive interest rates cost ...

The latest black eye for Boeing’s top-selling 737 MAX aircraft occurred in January when a cabin panel blowout forced an Alaska Airlines (ALK.N) flight to make an emergency landing. ...

Turkey’s annual inflation rate climbed to 67.07 per cent in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel and education prices, ...

Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. It touched $64,285 early in the Asian day, its highest ...

A new generation of commercial electric vehicles is emerging to reduce air pollution and congestion in urban areas. By Karen McHugh At the end of January 2024, keen-eyed residents of the ...

Improved cybersecurity defences for electronic commerce have emerged from EU-funded projects. By Tom Cassauwers What do a Greek pharmacy, a Spanish multinational bank, a German foundation specialised in the digital ...

Global hedge funds sold tech stocks at their highest pace in almost eight months in the week to Feb. 23, Goldman Sachs said, piling into bets against the sector just as ...

Deutsche Telekom (DTEGn.DE) recently showcased a futuristic smartphone concept that relies on artificial intelligence rather than applications (apps) to handle users’ specific needs. Smartphones today typically use apps for ...

Global companies are setting up more offices in India and expanding in-house teams but that does not mean the end of the road for Indian IT firms, which rely heavily ...

Investors’ fervor for all things AI-related is leaving its mark on the US options market, as traders pile in to derivatives bets to gain exposure to the red-hot investing theme. ...

Alphabet’s (GOOGL.O) Google Cloud has ramped up its criticism of Microsoft’s cloud computing practices, saying its rival is seeking a monopoly that would harm the development of ...

Online travel platform Expedia (EXPE.O) said on Monday it was cutting about 1,500 jobs globally, or about 9 per cent of its total workforce, as part of its “organizational and technological ...

Zoom Video Communications (ZM.O) on Monday posted better-than-expected quarterly results helped by strong demand for its expanding product portfolio as more employers embrace hybrid work models, sending its shares ...

Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut costs for electric models to counter leaner Chinese rivals which are bringing cheaper vehicles ...

Microsoft’s (MSFT.O) deal with French tech startup Mistral AI is facing scrutiny in the European Union. On Monday, Microsoft announced it would soon make Mistral’s AI models ...

Amazon Web Services Mexico (AWS), a unit of Amazon.com Inc (AMZN.O), announced on Monday it will invest over $5 billion to open a cluster of data centers in Mexico, ...

Artificial intelligence offers a growing and potentially lucrative opportunity for Intel’s (INTC.O) freshly standalone programmable chip unit, its CEO Sandra Rivera said. Intel’s programmable chip unit began ...

Inflation fell in six economically important German states in February, preliminary data showed on Thursday, suggesting that German inflation is continuing on its downward trajectory. The inflation rate in North ...

German sports apparel company Puma (PUMG.DE) plans to return up to 50 per cent of its net income to shareholders, it said on Thursday The company will now return between 25...

The European Central Bank will continue putting a “floor” under market interest rates in the years to come, but banks will play a greater role in deciding how much liquidity ...

American Airlines (AAL.O) is nearing a deal for about 100 narrowbody jets split between Airbus SE (AIR.PA) and Boeing (BA.N), with the European planemaker likely to win a ...

The US economy grew at a solid clip in the fourth quarter amid strong consumer spending, the government confirmed on Wednesday, but it appears to have lost some speed early ...

Britain’s market regulator plans to announce corporate investigations earlier, publish updates and close inquiries more quickly in an effort to prioritise cases with the most impact and reassure the ...

British employers advertised the fewest jobs in nearly three years last month, with numbers down 15 per cent from a year ago, figures from recruitment data company Adzuna showed on Monday, ...