South Korean conglomerate LG Group will invest 100 trillion won ($74.42 billion) within the country over the next five years, its holding company LG Corp (003550.KS) said on Wednesday.
LG Group aims ...
By Maria Demertzis
Inflation in the euro area has declined convincingly from the very high levels seen in the past couple of years. The rate is expected to be 2.3 per ...
British businesses trimmed their plans for staffing and wage increases this month, according to a survey published on Wednesday that suggested April’s big increase in the minimum wage is ...
Online trading app Robinhood Markets (HOOD.O) launched a new credit card on Tuesday, in an effort to expand its foothold in the personal finance market and boost subscriptions to ...
Meta’s (META.O) oversight board this week called on the company to end its blanket ban on a common usage of the Arabic word “shaheed,” or “martyr” in English, ...
Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the ...
UBS (UBSG.S) flagged on Thursday the downturn in commercial real estate markets as one of the “top and emerging risks” facing the Swiss bank, as higher borrowing costs and ...
The collapse of Baltimore’s Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson of commercial insurance market Lloyd’s of London (SOLYD....
The pound eased on Thursday after data confirmed the UK economy entered recession in the second half of last year and as the dollar put on a display of broad-based ...
Britain’s financial watchdog set out guidelines earlier this week to stop misleading adverts on social media, and warned “influencers” that promoting a financial product without regulatory approval could be ...
Renault (RENA.PA), opens new tab plans to sell a stake of about 2.5 per cent in Nissan (7201.T), opens new tab shares to the Japanese carmaker in a deal that ...
Japan’s finance minister issued his strongest warning to date on Wednesday about yen weakness as it fell to a 34-year low against the dollar, saying authorities could take “decisive ...
The Federal Reserve said on Tuesday that it officially saw a net negative income of $114.3 billion in 2023, a record loss tied to expenses related to managing the US central bank’...
Boeing’s board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent tenure of CEO Dave Calhoun, with many industry executives ...
A major bridge collapsed in the US port of Baltimore after being struck by a container ship, plunging cars into the river below.
Here is what carmakers and other companies, ...
Nissan Motor this week said it would launch 30 new models over the next three years and aim to raise its global sales by 1 million vehicles while cutting costs to improve ...
Independent hotel operators and giant global chains are increasingly linking up in franchise agreements as high-interest rates have slammed the hospitality industry, slowing down new hotel construction.
For big chains, ...
Nike warned last week that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world’s largest sportswear maker scales back on ...
India’s economy and stock markets are booming, but its startups are not.
Investors, once eager to pump in billions of dollars in promising Indian tech ventures, are now going ...
The pound was little changed on Monday, hovering near its lowest level in a month after investors last week ramped up their bets that the Bank of England will cut ...
With the race to build a new generation of computers heating up, European companies are eyeing the game-changing opportunities.
By Tom Cassauwers
At some point in the future, the medicines ...
Forests in the EU can help green the European construction industry and bolster a continent-wide push for architectural improvements.
By Jessica Berthereau
In France’s southwestern Gironde department, where half ...
Cellulose fibres are emerging as a sustainable option for wrapping everything from foods to electronics.
By Helen Massy-Beresford
Attention supermarket shoppers in Belgium, France and Luxembourg: a test to cut ...
IT services provider Accenture cut its fiscal-year 2024 revenue forecast on Thursday, as an uncertain economy prompts clients to curtail spending on its consulting services, sending its shares down around 5.6 per ...