HSBC (HSBA.L) is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a major shake-up ...
Morgan Stanley has forecast UK’s economic growth would be less than 1 per cent this year, echoing the estimate of its Wall Street peers Goldman Sachs and J.P.Morgan, ...
Global air travel revenues surged in 2024, with passenger numbers reaching a record 4.89 billion as demand rose 10.4 per cent over the previous year, exceeding pre-pandemic levels by 3.8 per cent.
This growth ...
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates ...
Mastercard (MA.N) reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up spending during the holiday season, sending the company’s shares up 2 ...
Global arabica coffee prices hit record highs above $3.60 per lb on Wednesday as Brazil, by far the world’s largest producer, has few beans left to sell and as worries ...
Investors punished Microsoft with a 6 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4 per cent ...
The European Central Bank (ECB) on Thursday announced a reduction in its three key interest rates by 0.25 per cent.
This brings the deposit facility rate to 2.75 per cent, the main ...
The payments industry is undergoing a rapid transformation, with technological innovations like tap-to-pay, blockchain integration, and generative AI shaping its future, according to payments giant Mastercard.
The company on Thursday ...
A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares that has ...
Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced cars and motorcycles, according to the nation’s economy minister said.
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Germany is in a deep economic crisis, Germany’s BDI industry association said on Tuesday, forecasting a 0.1 per cent contraction in gross domestic product in 2025.
A decline in 2025 would mark ...
Turbulence in some of the biggest tech names is reminding investors of one of the major risks to the US stock market’s record-setting rally: Reliance on a handful of ...
Advertised rents in Britain outside London have fallen on a quarterly basis for the first time since 2019 due mostly to a drop in demand from tenants, according to data published ...
The year 2025 will be shaped by new geopolitical, economic, and demographic developments, according to the EY-Parthenon report 2025 Geostrategic Outlook.
The report examined the ten most important geostrategic developments likely to ...
Greek airline Aegean this week announced the launch of its Aircraft Engineer Training Scholarship Programme, providing young individuals with the opportunity to train for a career in civil aviation.
Accorrding ...
The Spanish Economy Ministry is set on Tuesday to raise its gross domestic product growth target for this year above the current 2.4 per cent, Economy Minister Carlos Cuerpo said, in ...
Oil prices ticked up but hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere soured the demand outlook.
Brent crude oil ...
Developers at leading US AI firms are praising the DeepSeek AI models that have leapt into prominence while also trying to poke holes in the notion that their multi-billion dollar ...
A clear majority of British businesses look set to cut the size of pay awards for staff in response to coming tax hikes and they remain pessimistic about the outlook ...
Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from ...
Global economic policymakers had been braced for an economic firestorm from the new US administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric ...
Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a wave of caution after the surging popularity of a Chinese artificial intelligence model ...
Investors hammered technology stocks on Monday, sending the likes of Nvidia (NVDA.O) and Oracle (ORCL.N) plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts ...