International

A lower than expected Israeli inflation reading will still not allow the central bank to resume its rate cutting cycle anytime soon with policy makers constrained by Israel’s war ...

The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25 per cent at its last meeting before July 4’s UK election, but the prospect of ...

British inflation returned to its 2 per cent target for the first time in nearly three years in May, but strong underlying price pressures all but rule out a pre-election interest ...

Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter told Reuters, as the luxury automaker prepares to open a plant that will make ...

Sweden’s financial supervisory authority has fined Nasdaq Stockholm (NDAQ.O) 100 million Swedish crowns ($9.59 million) for not complying with bourse rules at several occasions in recent years, the regulator said ...

Britain’s financial watchdog will wait until after next month’s national election to publish its review into how banks conduct mandatory extra checks on “politically exposed” customers and their ...

Fisker filed for bankruptcy protection late on Monday, becoming the latest electric-vehicle startup to collapse after Arrival and Lordstown Motors in a tough market dominated by Tesla and Chinese automakers. ...

Ford (F.N) plans further job cuts in Germany, Spain and the UK, the head of the worker’s council for the US automaker in Germany told Reuters on Tuesday. ...

Saudi Arabia’s annual inflation rate remained at 1.6 per cent for the third month running in May, government data showed on Sunday, with higher housing rents still the main driver. ...

Asking prices for British homes coming to the market were flat this month, adding to signs of a recent cooling off in the housing market upswing, a survey from property ...

Standard Chartered on Monday lost a bid to cut from a London lawsuit allegations that it broke US sanctions against Iran in a more widespread way than it has previously ...

Oil refiners are making less money selling their gasoline as demand during the peak summer driving season has fallen short of what they expected when many of them boosted production. ...

The EU drive towards green energy is seeking to harness a traditionally clean power source – with some tweaks. By Tom Cassauwers Dr Jeremy Bricker, a hydraulics and coastal engineer, is ...

By Michalis Sarris The euro, a symbol of European unity and economic integration, will soon welcome Bulgaria into its fold. Bulgaria, a “partial” member since the introduction of the currency ...

By Maria Demertzis Last week’s European election results were a mixed bag. The European People’s Party and the Social Democrats, traditionally the biggest parties in Europe, held on ...

Last week, CEO Tim Cook’s Apple (AAPL.O) announced a splashy deal with OpenAI to include its powerful artificial intelligence model as a part of its voice assistant, Siri. ...

Artificial intelligence and US election have emerged as significant risks to businesses this year with an overwhelming 80 per cent of owners worried their insurance will not cover a specific loss, ...

FedEx (FDX.N) is planning to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest push to cut costs as the parcel delivery giant combats a slump in freight ...

The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot PJSC (FLOT.MM) in a move to limit the Kremlin’s ability to finance its war against Ukraine, ...

German carmaker Audi will invest one billion euros ($1.08 billion) in electric vehicle projects in the Mexican state of Puebla, the state’s governor said on this week. The investment will ...

Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the iPhone maker pushed ahead in a race to dominate artificial ...

Tech and competition watchdog groups have called on the US Department of Justice to probe YouTube, saying the video-streaming platform could enable Google and its parent company, Alphabet (GOOGL.O), ...

Oracle shares (ORCL.N) jumped 9 per cent earlier this week as investors cheered a boom in demand for the company’s relatively low-cost cloud infrastructure services from artificial intelligence applications. ...

China-based suppliers, which buck traditional manufacturing processes by taking small initial orders and scaling up based on demand. Most of the clothing Shein sells is made in Guangzhou, China, by ...