International

Rating agency Fitch on Tuesday downgraded the US government’s top credit rating, a move that drew an angry response from the White House and surprised investors, coming despite the ...

The Bank of England, which looks set to raise interest rates again on Thursday, must weigh up the need to fight an inflation rate running at more than four times ...

Tech giants Apple (AAPL.O) and Microsoft (MSFT.O) remained the top two global companies by market capitalisation at the end of July after riding this year’s rally in ...

British house prices fell by the most since 2009 in the 12 months to July, mortgage lender Nationwide said on Tuesday, as the drag from rising interest rates on the housing market ...

Prices in British store chains rose in July at the slowest annual rate this year, industry data showed on Tuesday. The British Retail Consortium said annual shop price inflation cooled ...

US auto safety regulators said Tuesday they have opened an investigation into 280,000 new Tesla (TSLA.O) Model 3 and Model Y vehicles over reports of loss of steering control and power ...

Sterling’s drop at the time of former Prime Minister Liz Truss’s failed budget plans meant the British taxpayer stumped up tens of millions of pounds extra to fund ...

Euro zone inflation fell further in July and most measures of underlying price growth also eased, in a largely comforting sign for the European Central Bank as it considers ending ...

Economic sanctions have been the biggest headache for Russia’s business elite since the start of the war in Ukraine, but a drone strike in the heart of Moscow’s ...

urkey’s tourism revenues jumped 23.1 per cent to $12.98 billion in the second quarter, Turkish Statistical Institute data showed on Monday, maintaining a strong trend in the sector. Revenues in 2022 surged 53.4 ...

European travel stocks stumbled into some profit-taking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively attractive valuations and solid demand will ...

Manchester United (MANU.N) on Monday renewed the soccer club’s partnership with official kit supplier Adidas (ADSGn.DE) for 10 more years and a minimum cash guarantee of 900 million pounds ($1.16 ...

Israel’s economy may face ratings downgrades, falling foreign investment and a weaker tech sector if turmoil arising from the government’s contentious judicial reforms continues, investors and analysts warn. ...

Coca-Cola Co (KO.N) raised its annual revenue and profit forecasts after beating quarterly results on the back of higher pricing, with demand for its sodas remaining resilient at a ...

Porsche (P911_p.DE) has a plan to gradually electrify its car lineup so that electric vehicles make up 80 per cent of sales by 2030, and it aims to make its ...

German sportswear brand Puma’s (PUMG.DE) second-quarter sales grew by 11 per cent, the company reported on Wednesday, slightly ahead of market expectations thanks to stronger revenues from Asia and ...

Japan’s Nissan Motor (7201.T) on Wednesday posted a 98 per cent rise in first-quarter operating profit to 128.6 billion yen ($913.35 million), beating analysts’ estimates. The result compared with an average estimate ...

EU manufacturers are increasingly embracing digital technologies to improve agility. By Helen Massy-Beresford A plant that makes electric shavers in the northern Dutch town of Drachten is gearing up for ...

Germany plans to invest around 20 billion euros ($22.15 billion) in the semiconductor industry in the coming years, the economy ministry said on Tuesday, as it seeks to attract global chipmakers to ...

US tech giants could signal an end to the nearly year-long slowdown in their cloud businesses as signs of economic resilience encourage clients to boost technology spending, while a pickup ...

By Ioannis Tirkides A world war, especially on European soil, is unthinkable but raises legitimate concerns. The war in Ukraine has now dragged on for a year and a half, ...

Top central banks continued with another round of interest rate hikes this week despite cooling inflation, but have now switched to a more cautious posture about further moves in a ...

Euro bulls are set for an anxious summer ahead as doubts creep in over how far the ostensibly still-hawkish European Central Bank will go with interest rate rises. The euro ...

Meta Platforms (META.O) executives are heavily focused on boosting retention on their new Twitter rival Threads, after the app lost more than half of its users in the weeks ...