International

Tesla (TSLA.O) will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and ...

The European Central Bank (ECB) is increasingly confident that it is winning the fight against inflation, which makes an interest rate cut in June very likely, according to ECB policymaker ...

OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services ...

Britain’s tepid economy is on course to exit a shallow recession after output grew for a second month in a row in February, and January’s reading was revised ...

Big technology-related company earnings are expected to again lead S&P 500 profit growth in the upcoming US reporting period, which could refuel optimism for stocks after a weak start ...

German sportswear brand Puma is using this year’s Olympic Games and its partnership with sprint champions Jamaica to focus on speed as it jostles with Adidas and Nike to ...

Constellation Brands forecast annual profit above Wall Street expectations on Thursday, banking on resilient demand for its core beer brands despite sticky inflation. Demand across the company’s beer brands ...

The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Friday, citing lower than expected consumption in OECD countries and a slump in factory activity. The Paris-based ...

European stocks were on track to race ahead of Wall Street on Friday, with exporter shares in high demand as the continent’s major currencies dropped against a dollar standing ...

Almost half British firms plan to raise their prices over the coming year as they struggle with high wage bills, according to a survey that underscored why the Bank of ...

JPMorgan Chase’s profit rose 6 per cent in the first quarter, although its shares dropped after the bank’s forecast for its income from interest payments came in below analysts’ ...

European Central Bank policymakers will discuss green monetary policy and their upcoming strategy review at a retreat in Ireland next month, where they will also pave the ground for a ...

OpenAI Chief Executive Sam Altman has hosted hundreds of Fortune 500 company executives in San Francisco, New York and London this month where he and other OpenAI executives pitched AI services ...

Amazon.com CEO Andy Jassy said the e-commerce firm sees opportunity to reduce costs in its fulfillment network, after trimming staff in a number of divisions over the recent months. “...

Nike unveiled Olympic kits for the teams it sponsors on Thursday alongside athletes including Kenyan marathon star Eliud Kipchoge and British sprinter Dina Asher-Smith, betting that top athletes can help ...

Stocks and the euro were steady ahead of an European Central Bank meeting on Thursday, after stubborn U.S. inflation numbers triggered the biggest global market selloff in months and ...

Posidonia 2024 is set to mark the rebirth of the Greek shipbuilding industry, with over 85 shipyards from 26 countries already confirmed to showcase their vessel design and production innovations from June 3-7. ...

Global economic growth will reach just 2.8 per cent by 2030, a full percentage point below the historical average, unless major reforms are made to boost productivity and leverage technologies such as ...

Global goods trade should rebound this year, but more slowly than previously expected, after only its third decline in 30 years in 2023, the World Trade Organisation said on Wednesday. The Geneva-based ...

Commerce minister Giorgos Papanastasiou and the Republic’s Chief Scientist for Research, Innovation, and Technology, Demetris Skourides, were recently in Japan to promote Cyprus as a base for international business ...

An early Easter boosted food spending in Britain last month, lifting retail sales by the most since August, but the broader picture remained subdued as wet weather dampened demand for ...

Upgrading social housing is a central part of EU projects to make city life healthier and happier. By Gareth Willmer In the northeastern Italian city of Trieste, a construction project ...

New materials and designs can make a leading source of renewable energy both greener and cheaper. By Tom Cassauwers At first glance, the wind-turbine tower that rises from the green ...

Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026 as gamers record fewer hours of playtime, according to research firm Newzoo. The market is ...