The global economy is growing faster than expected only a few months ago thanks to resilient US activity while inflation is converging more quickly than expected with central banks’ targets, ...
Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in US stocks and bonds as stubborn inflation causes bets on the timing of Federal ...
British house prices fell unexpectedly for a second month running during April, figures from mortgage lender Nationwide showed on Wednesday.
House prices fell 0.4 per cent month-on-month, after a 0.2 per cent ...
McDonald’s (MCD.N) missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers and the Middle East conflict weighed on the ...
Elon Musk’s abrupt decision to lay off employees who ran Tesla’s electric vehicle charging business blindsided automakers gearing up to equip new EVs for customers to use the ...
Coca-Cola raised its annual organic sales forecast on Tuesday after topping first-quarter results as customers in the US and international markets shell out more money for its pricey sodas and ...
The number of mortgages approved by British lenders rose to an 18-month high in March, according to Bank of England data on Tuesday that confirmed a recovery in the housing ...
The German economy skirted a recession at the start of the year, growing more than expected thanks to the construction sector and exports, preliminary data showed on Tuesday.
The economy ...
The value of research and development undertaken in Britain each year could be more than 20 per cent higher than estimates currently show, early findings from a revamped Office for National ...
Boeing (BA.N) on Monday tapped debt markets to raise $10 billion, after the US planemaker burned $3.93 billion in free cash during the first quarter following slowing production of its best-selling ...
McDonald’s (MCD.N) is set to report a sequential drop in sales growth for the fourth straight quarter as low-income consumers remain hesitant about eating out even as fast-food ...
Alphabet (GOOGL.O) unit Google recently announced that it would invest $3 billion to set up a data centre campus in Indiana and expand sites in Virginia.
A boom in artificial ...
Royal Caribbean Group raised its annual profit forecast for a second time and beat expectations for first-quarter profit and revenue last week, with half of its growth coming from higher ...
Deutsche Bank (DBKGn.DE) shares were 5.5 per cent lower in early trade on Monday after news that Germany’s largest lender could be on the hook for up to 1.3 billion ...
Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and ...
Upcoming quarterly reports from US tech giants may show Microsoft (MSFT.O) is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted ...
Heineken (HEIN.AS) sold more beer than expected in the first quarter, reporting its first year-on-year growth in quarterly volumes in a year, as it kept its 2024 profit growth forecast.
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German email service Tuta Mail has complained to European Union tech regulators about what it described as a sudden drop in Google search results on the day the bloc’s ...
Britain’s competition watchdog said this week that it was seeking comments on the AI partnerships between Microsoft (MSFT.O) and Mistral AI, as well as between Amazon (AMZN.O) ...
Chinese tech company Huawei (HWT.UL) unveiled this week a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle industry.
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Apple’s smartphone shipments in China tumbled 19 per cent in the first quarter of the year, the worst performance since 2020, as the iPhone maker took a hit from Huawei’s (...
Elon Musk’s new plan to use current product lines as the basis for new affordable vehicles — rather than springing for all-new models — follows the playbook of Tesla’s old-school ...
By Ioannis Tirkides
These are unprecedented times. We are simultaneously on the cusp of a technological revolution and the promise of unparalleled economic prospects, and on the brink of total ...
British travel company Jet2 (JET2.L) has forecast a 33 per cent jump in its annual profit, and said 55 per cent of seats were sold for this summer season on strong ...