Eurozone bonds are trading more in sync with their US peers than ever before, as investors ignore the slowdown in Europe and remain laser-focused on inflation and interest rates, driving ...
The Bank of Israel kept interest rates steady on Monday after cutting by a quarter-point in January, citing uncertainty over expected duration of the war in Gaza.
The central bank ...
As the world’s top global energy trading houses prepare for their biggest annual industry get-together this week in London they face a growing problem, what to do with their ...
Ryanair (RYA.I) will receive even fewer Boeing (BA.N) aircraft by the end of June than previously expected, CEO Michael O’Leary said on Friday, potentially prompting the budget ...
By Maria Demertzis
The second anniversary of the Russian invasion of Ukraine took place on February 24. The energy shock that came with the war has forced a total rethink of ...
Smartphone shipments into Europe, excluding Russia, experienced a 3 per cent year-on-year decline, totalling 37.8 million units in Q4 2023, according to a report released this week by technology industry analysts Canalys.
Notably, ...
Zara owner Inditex (ITX.MC), the world’s biggest listed fast fashion company by sales, is expanding its low-priced Gen Z-focused brand Lefties to counter Chinese-founded rival Shein.
The rapid ...
EU researchers are seeking to expand supplies of clean aviation fuels by producing more from agricultural sources.
By Tereza Pultarova
Professor David Chiaramonti is looking down at the ground to ...
Google on Wednesday released new artificial intelligence (AI) models that outside developers potentially can fashion as their own, following a similar move by Meta Platforms (META.O) and others.
The ...
Navigation device maker Garmin (GRMN.BN), beat fourth-quarter earnings expectations and forecast full-year revenue above estimates last, betting on strong growth in its auto and fitness businesses.
Shares of the ...
The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp (INTC.O), according to a report by Bloomberg News, citing people familiar with the ...
Nestle (NESN.S) reported full-year organic sales growth slightly below expectations on Thursday as the world’s biggest packaged food company continued to hike prices, prompting some shoppers to turn ...
Edible electronics are being developed to assist rescue operations and go inside hospital patients, setting the stage for all-consuming tech to become consumable.
By Anthony King
Professor Dario Floreano is ...
Microsoft-backed (MSFT.O) OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New York Times reported on Friday, citing people with knowledge of ...
The US government is awarding $1.5 billion to GlobalFoundries (GFS.O) to subsidize semiconductor production, the first major award from a $39 billion fund approved by Congress in 2022 to bolster domestic chip ...
Investment banks Goldman Sachs (GS.N) and Macquarie (MQG.AX) as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as ...
By Miranda Xafa
The public debate on the recent Greek debt crisis is characterized by inaccuracies and misconceptions that draw the wrong conclusions.
Nikos Garganas’ book points out many of ...
US software giant Microsoft (MSFT.O) will expand its artificial intelligence (AI) and cloud infrastructure in Spain through an investment of $2.1 billion in the next two years, the company’s ...
Nintendo (7974.T) shares fell 6 per cent earlier this week after reports by games media and Bloomberg that its next-generation console will be delayed until early 2025 from later this year.
While ...
Warner Bros Discovery (WBD.O) reported a bigger-than-expected quarterly loss on Friday, as the media conglomerate battled a weak advertising market and the fallout of the twin Hollywood strikes on ...
Mercedes-Benz on Thursday toned down expectations on electric vehicle demand and said it will update its combustion engine lineup well into next decade, becoming the latest carmaker to flag a ...
Lloyds Banking Group’s (LLOY.L) full-year profit jumped by 57 per cent, it said on Thursday, despite Britain’s faltering economy and a 450 million pound ($571 million) charge for potential costs ...
Britain’s economy kept up its early 2024 momentum with a survey showing strong growth for services firms and business optimism at a two-year high, but inflation pressures are likely to ...
Social media platform Reddit has struck a deal with Google (GOOGL.O) to make its content available for training the search engine giant’s artificial intelligence models, three people familiar ...