International

For all its talk of radical change, Volkswagen’s (VOWG_p.DE) cost-cutting deal in Germany relies heavily on the automaker’s tradition of cooperation between managers and workers, according ...

Qatar plans to introduce three new laws as part of a sweeping review of legislation designed to make the Gulf Arab state more attractive to foreign investors, the new minister ...

At least 49 billion pounds ($60 billion) of maintenance work at schools, hospitals and prisons in Britain has yet to be carried out, according to a report from a spending watchdog, highlighting ...

Lufthansa Airlines (LHAG.DE) aims to be profitable again but still has a ways to go despite the initial success of its restructuring plan, according to CEO Jens Ritter. Lufthansa ...

Microsoft (MSFT.O) has announced that it changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (ORCL.N) and Japan’...

German online retailers last year eked out slight revenue gains for the first time since 2021, an industry body has revealed, citing higher savings that are giving Germans more confidence to ...

Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kingdom wants to put $600 billion into expanded investment and trade with the United States over the next ...

Norway’s sovereign wealth fund announced this week that it has bought a 25 per cent stake in a mixed-use property portfolio located in London’s Mayfair district for 305.7 million pounds ($376.53 ...

Britain’s decision to force out the chair of its antitrust regulator after he failed to prioritise the Labour government’s growth agenda indicates the country’s attempt to rein ...

By Charles Ellinas The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of 2026 as shown in Figures 1 and 2 below.  Clearly, ...

After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets with one eye on new Trump administration policies and another on a ...

British pay growth in the private sector picked up in the three months to November but a plunge in payrolls added to signs of a softer labour market, according to ...

Shares of Netflix (NFLX.O) soared 13 per cent to an all-time high on January 22 after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in ...

Oracle’s (ORCL.N) shares jumped nearly 9 per cent before the bell on January 22 after US President Donald Trump said the company would make a large investment in artificial intelligence ...

Home sales in Turkey climbed 20.6 per cent in 2024 compared to a year ago, even as sales to foreigners tumbled 32.1 per cent, Turkish Statistical Institute data showed this week. Russians again ...

The International Maritime Organisation (IMO) has officially opened its Regional Presence Office (RPO) for the Middle East and North Africa (MENA) region in Alexandria, Egypt, a city with a deep ...

Norway’s central bank held its policy interest rate unchanged at a 17-year high of 4.50 per cent on Thursday, as unanimously expected by analysts in a Reuters poll, and maintained ...

South Korea’s Hyundai Motor (005380.KS) said on Thursday it is in talks with General Motors (GM.N) to supply commercial electric vehicles to its US peer, as it expects ...

Tesla (TSLA.O) will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with prices of Model 3 going up by as much ...

Associated British Foods (ABF.L) downgraded the annual sales guidance for its Primark budget clothing business on Thursday after disappointing results in the Christmas quarter in its main UK and ...

Puma (PUMG.DE) shares fell by 16 per cent as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual ...

Oil prices dipped in Asian trade on Thursday, extending losses amid uncertainty over how US President Donald Trump’s proposed tariffs and energy policies would impact global economic growth and ...

Samsung Electronics (005930.KS) on Wednesday unveiled its newest Galaxy S25 smartphones, powered by Qualcomm’s chips and Google’s artificial-intelligence model, hoping its upgraded AI features can reinvigorate sales and ...

The Russian economy has shown resilience during the three years of war in Ukraine and Western sanctions. However, as the war approaches its fourth year, the economy faces major challenges ...