Investors should get a clearer picture this week of whether higher interest rates are still boosting European bank profits or if a year-long share price rally will run out of ...
By Saeed Azhar and Matt Tracy
US regional banks are expected to set aside more money to cover potential commercial real estate (CRE) losses and sell more property loans as ...
Waste from the production of aluminium, nickel and other industrial materials offers the EU an opportunity to advance its recycling goals.
By Michael Allen
In the western Irish city of ...
Taiwan’s Foxconn (2317.TW) has this month started a rotating chief executive system in an overhaul of its management designed to nurture successors of the world’s largest contract electronics ...
SiTime (SITM.O) has introduced a chip that it says is designed to help data centres built for artificial intelligence applications run more efficiently.
SiTime makes what are known as ...
The Telegram messaging app, one of the most popular social media platforms, will likely cross one billion active monthly users within a year as it is spreading like “forest fire”, ...
Leaders of the UK’s financial technology industry are urging the British government to increase tax relief and help them raise more investment, as some executives warn a shortage of ...
Take-Two Interactive Software (TTWO.O) will lay off about 5 per cent of its workforce, or around 600 employees, the publisher of the “Grand Theft Auto” franchise said this week, as the ...
Advanced Micro Devices (AMD.O) unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as the chip designer looks to expand its share of ...
By Maria Demertzis
For the next five years, economic security will undoubtedly be one of the top priorities for the leadership of the European Commission. To ensure its economic security, ...
The International Monetary Fund’s steering committee failed to issue a joint communique on Friday amid disagreements over wars in the Middle East and Ukraine, opting instead for a statement ...
Netflix shares fell on Friday, as its surprise move to stop sharing subscriber additions and average revenue per member from 2025 sowed doubts in investor minds about growth peaking in some ...
The US dollar’s dominant reserve currency status is likely to endure partly because even the most talked about alternative the Chinese yuan falls short as a credible challenger, Morgan ...
A new sector-wide body could help ensure that Britain’s financial regulators fully comply with their new remit of aiding international competitiveness when writing rules, an industry lobby group said ...
A decade ago, Greece was in the throes of a devastating debt crisis marked by years of austerity, hardship and unrest. Now, officials and investors say 2024 could be the year ...
Ryanair expects Boeing to deliver 40 new jets by mid-July, Chief Executive Michael O’Leary said on Wednesday, broadly in line with a revised schedule it has previously announced.
Speaking at ...
British house prices fell by the least in eight months in February when they edged down by 0.2 per cent on an annual basis after a revised 1.3 per cent decrease in ...
Britain’s inflation rate slowed by less than expected in March, according to official figures published on Wednesday, adding to signs that a first interest rate cut by the Bank ...
Britain’s labour market lost a bit more of its inflationary heat, data showed this week, offering some relief to the Bank of England, but stubborn underlying problems continued with ...
Venture capital investment in UK companies fell in the first three months of 2024, in the worst quarter for UK fundraising since the early months of the COVID pandemic, a report ...
Boeing said this week that it has not found fatigue cracks on in-service 787 jets that have gone through heavy maintenance, as the planemaker defended the twin-aisle aircraft program ahead of ...
Asia-focused hedge funds started 2024 with a strong first quarter, cashing in on a prolonged rally in Japanese stocks, a tentative turnaround in Chinese equities, and a boom in artificial intelligence (...
Sales of homes in Dubai worth $10 million or more rose 6 per cent in the first quarter versus last year, an industry report showed on Tuesday, as demand from the international ...
Goldman Sachs’ (GS.N) profit beat Wall Street estimates, fueled by a recovery in underwriting, deals and bond trading in the first quarter that lifted its earnings per share to ...