Brazil is expected to post its third annual increase in coffee production this year, a rare sequence seen only seven times in 144 years of coffee history in the world’s ...
Federal Reserve Chair Jerome Powell said on Wednesday recent high inflation readings had not changed the underlying “story” of slowly easing price pressures in the US as the central bank ...
The recent surge in cryptocurrency prices has been driven by retail investors, but institutions are starting to join in, Goldman Sachs’ head of digital assets Mathew McDermott said earlier this ...
British house prices fell by 0.6 per cent on an annual basis in January, after a revised 2.2 per cent decrease in December, the Office for National Statistics (ONS) said.
Wednesday’s ...
Reddit and its bankers are guiding that they could price the social media platform’s initial public offering (IPO) at the top of the indicated range or above, according to ...
Saudi Arabia’s government plans to create a fund of about $40 billion to invest in artificial intelligence, the New York Times reported on Tuesday, citing three people briefed on the ...
British inflation slowed in February, keeping the Bank of England on track to start cutting interest rates in the months ahead and offering some better economic news to Prime Minister ...
The United States is pressing Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, to drop plans to buy a 1.5 billion euro ($1.6 billion) industrial stake of a Russian ...
Federal Reserve officials left their policy meeting in late January in search of “greater confidence” that inflation was on a sustainable downward path, a notably squishy standard they set for ...
Unilever (ULVR.L) said on Tuesday it would spin off its ice cream unit, home to popular brands such as Magnum and Ben & Jerry’s, into a standalone business ...
NatWest (NWG.L) will seek shareholder approval to buy back up to 15 per cent of its stock from the UK government, it said on Monday, as part of efforts to ...
The artificial intelligence boom has hit the crypto market with a bang.
Coins linked to AI-focused crypto projects have jumped alongside tech stocks like Nvidia (NVDA.O), driven by insatiable ...
The fervour around artificial intelligence has sparked a gold rush into AI-themed ETFs, as investors seek fresh ways to play the burgeoning technology following breathtaking rallies in market darlings such ...
Money market pricing and short-term trading signals make the idea of the first Bank of England rate cut coming in late summer look like a clear bet. Economists and strategists ...
Oil prices dipped on Tuesday due in part to the prospect of rising supply from Russia, slower-than-expected downstream demand in sectors such as jet fuel, and cautious trading ahead of ...
Fisker (FSR.N) said on Monday it would pause production of its electric vehicles for six weeks and raise up to $150 million in funding by selling convertible notes after missing ...
Reddit’s (RDDT.N) initial public offering is currently between four and five times oversubscribed, people familiar with the matter said on Sunday, making it more likely the social media ...
Most US recreational vehicles – those behemoths of the roadway often resembling box cars that accidentally wandered off the rails – roll out of gritty factories in the gray environs of Elkhart, ...
Apple (AAPL.O) is in talks to build Google’s Gemini artificial intelligence engine into the iPhone, Bloomberg News reported on Monday, citing people familiar with the situation.
The negotiations ...
Qatar Airways is in early talks with Boeing (BA.N) and Airbus (AIR.PA) to order 100 to 150 widebody jets to expand and renew its fleet, according to Bloomberg News, citing ...
Alphabet (GOOGL.O) unit Google enjoys a competitive edge in generative artificial intelligence due to its trove of data and AI-optimised chips, Microsoft (MSFT.O) has told EU antitrust regulators, ...
Adobe (ADBE.O) forecast second-quarter revenue below analysts’ estimates last week, following stiff competition and weak demand for its artificial intelligence-integrated photography, illustration and video software amid a tough economy.
...
By Maria Demertzis
On security issues, the European Union does not speak collectively with one voice and member states are very far from having the same objectives on defence.
Yet, ...
Shares of Apple (AAPL.O) supplier Foxconn (2317.TW) rose as much as 9.5 per cent early on Friday to their highest in three years, a day after it reported a fourth-quarter ...