International

The eurozone should not weaponize its own currency in a global conflict as that could ultimately undermine it, an influential European Central Bank policymaker said on Friday, just as the ...

The Bank of England said on Thursday that its rules requiring banks to “ring fence” their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul ...

Rosemary and Larry Brester have been running Hobart Machined Products since 1978, milling and grinding metal to make aircraft components out of a tiny building behind their home. Hobart is one ...

Tesla (TSLA.O), tumbled nearly 11 per cent on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already hurt margins and raised ...

eBay Inc (EBAY.O), will cut about 1,000 roles, or an estimated 9 per cent of its current workforce, the e-commerce retailer said on Tuesday. “While we are making progress against our ...

German sportswear company Puma (PUMG.DE), this week forecast sales and profits this year below analyst expectations, sending its shares down over 8 per cent to their lowest since 2018, blaming a ...

The European Central Bank kept interest rates unchanged as expected at a record high on Thursday and reaffirmed its commitment to fighting inflation, giving not a hint that policymakers are ...

The European Central Bank will keep interest rates unchanged at a record high on Thursday and is likely to keep pushing back on investor bets for aggressive policy easing this ...

British food and drink prices will continue to rise in 2024, contributing to an extended cost-of-living crisis, a prominent grocery industry researcher said on Thursday. Food and drink inflation will be ...

Unilever, the maker of Dove soap and Ben & Jerry’s ice cream, struggled to defend fourth-quarter grocery store market share across most of its categories in Europe and the ...

Pay awards from British employers held at their highest sustained level in over 30 years in the last three months of 2023 but deals struck in early 2024 suggest pay growth has peaked, ...

Germany’s economic downturn worsened this month with both manufacturing and services activity contracting, a preliminary survey showed on Wednesday. Underlying data showed a convergence in performance between the two ...

London remains the world’s top financial centre as New York slips into second place, after tying with the UK capital last year, the City of London Corporation’s own ...

Oil seesawed between modest falls and gains on Wednesday as traders weighed the impact on prices stemming from escalating geopolitical tensions, concerns over tepid demand and a stronger dollar. The ...

Carrying more stock, switching to suppliers nearer to consumers and reducing dependence on China are tactics European and US retailers used to build more resilient supply chains following disruptions during ...

Associated British Foods (ABF.L), opens new tab said underlying sales growth slowed at its Primark clothing business in the Christmas quarter, hurt by unseasonal warm weather at the start ...

It is a close call whether the Bank of England starts trimming borrowing costs next quarter or in July-September, a Reuters poll found, with only a slim majority of economists ...

The Bank of Japan maintained its ultra-easy monetary settings on Tuesday but signalled its growing conviction that conditions for phasing out its huge stimulus were falling into place, suggesting that ...

US tech giant Apple (AAPL.O), opens new tab has paid a Russian fine of 1.2 billion roubles ($13.65 million), imposed over the company’s alleged abuse of its dominant market position ...

British businesses are warning of a new wave of post-Brexit trade disruption because EU exporters are not ready for UK customs changes which start this month, and Britain’s port ...

Irish low-cost airline Ryanair (RYA.I), opens new tab wants to open five new bases in Spain and grow by 40 per cent in the country by 2030, Eddie Wilson, the chief ...

Polish video game maker CD Projekt (CDR.WA), opens new tab aims to start the production phase of the next game in its blockbuster “Witcher” series this year, the company’...

Women in Germany earned 18 per cent less on average than men last year, due largely to a levelling-off in earnings after having children and taking part-time work, the Federal Statistics ...

Oil prices lost more ground on Monday as economic headwinds pressured the global oil demand outlook and offset geopolitical concerns in the Middle East and an attack on a Russian ...