Alphabet Inc (GOOGL.O) and rival Microsoft (MSFT.O) are once again locked in a race to rule the internet zeitgeist after the Google owner launched “Bard” in answer to ...
Finnish game maker Rovio (ROVIO.HE), best known for its Angry Birds franchise, posted a fall in fourth-quarter profit on Thursday and said the global mobile game market in 2022 declined ...
International air travel demand remained strong in December 2022, capping off a year of recovery for the sector, according to a report released this week by the International Air Transport Association (...
Adidas (ADSGn.DE) shares slumped as much as 12 per cent on Friday after the sportswear maker warned it could plunge to a loss this year for the first time in ...
UK GDP shows zero growth in Q4 after 0.2 per cent fall in Q3
Output falls 0.5 per cent in December, partly due to strikes
Economy grows 4 per cent in 2022 but still ...
Yahoo said on Thursday it plans to lay off more than 20 per cent of its total workforce as part of a major restructuring of its ad tech division.
The cuts ...
Russia to cut oil output by around 5 per cent in March
Brent rises 2.5 per cent on the news
West introduced price caps on Russian oil over Ukraine
Russia banned deals ...
The chief executive of JPMorgan Chase & Co. (JPM.N), the biggest US bank, cautioned against declaring victory against inflation too early, warning the Federal Reserve could raise interest rates ...
Airbus (AIR.PA) laid down the law to its stretched supply chain on Wednesday, with a senior US executive reminding contractors to meet timing and quality targets and recommending that ...
Unilever Plc (ULVR.L) said on Thursday it would continue to raise prices for its detergents, soaps and packaged food to offset rising input costs, and ease up those hikes ...
Alphabet Inc (GOOGL.O) lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding ...
Egypt plans to sell stakes in at least 32 companies by the end of March 2024, Prime Minister Moustafa Madbouly said on Wednesday, dusting off plans that have largely lain dormant for ...
Access to Twitter in Turkey has been restored, the Netblocks internet observatory said on Thursday, following talks between the company and Turkish authorities about content posted after a major earthquake ...
Ratings agency Moody’s lowered Egypt’s sovereign rating by one notch to B3 from B2 on Tuesday, citing the country’s reduced external buffers and shock absorption capacity.
The ...
Following are reactions from analysts and investors to US President Joe Biden’s State of the Union speech on Tuesday, in which he challenged Republicans to lift the debt ceiling ...
Grocery costs seen rising further in 2023 -executives, analysts
Input costs exacerbated by Ukraine war
Retailers seeking to pass on high raw material costs
Unilever, Nestle, Danone to report results this ...
Russian state oil revenues fall 40 per cent on sanctions
Tanker owners post record profits, traders and bankers say
India, China get cheaper oil
Western sanctions on Russia have significantly reduced ...
Shares of Japan’s Nintendo Co Ltd (7974.T) and SoftBank Group Corp (9984.T) and Sharp Corp (6753.T) fell steeply on Wednesday, after the companies jolted investors with disappointing results, emphasising ...
Retail investors are piling into small-cap firms that employ artificial intelligence amid intensifying competition between tech titans Google parent Alphabet and Microsoft to secure leadership in the next big driver ...
North Korea stole more cryptocurrency assets in 2022 than in any other year and targeted the networks of foreign aerospace and defense companies, according to a currently confidential United Nations report ...
German industrial production fell more than expected in December, driven by a plunge in output from energy-intensive sectors, the federal statistics office said on Tuesday.
Industrial production decreased by 3.1 per ...
Have bitcoin and ether finally turned a corner? It’s looking that way, if crypto options traders are anything to go by.
The volume of bitcoin options traded on Deribit, ...
BP (BP.L) on Tuesday reported a record profit of $28 billion for 2022, lifted by the surge in energy prices since Russia’s invasion of Ukraine, while boosting its dividend in ...
Hermes International SCA (HRMS.PA) urged a US jury on Monday to find that a creator of non-fungible tokens violated its trademark for Birkin bags, while lawyers for the “MetaBirkins” ...