BlackRock’s (BLK.N) assets hit a record high $11.6 trillion in the fourth quarter of last year as the world’s largest money manager posted a 21 per cent profit jump, ...
British house prices rose at their fastest annual pace in almost two years in November, adding to signs of resilience in the property market despite high borrowing costs, according to ...
Chipmaker Intel Corp (INTC.O) has announced that it will separate its venture capital and investment arm, Intel Capital, into a standalone company, to focus on enhancing efficiency across the ...
Saudi Arabia’s annual inflation rate fell slightly to 1.9 per cent in December from 2 per cent in November, according to government data.
Inflation in Saudi Arabia has hovered between 1.5 per ...
High government spending and a growing need among big economies – from the United States to Britain and France – to tap bond markets to fund their outlays have shot up the ...
Generative artificial intelligence bellwether OpenAI said this week that it is introducing a beta feature called Tasks to ChatGPT, signaling the company’s foray into the virtual assistant space, competing ...
US producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend.
The moderation ...
Israeli high tech companies overcame a year of war and likely raised more than $12 billion in 2024, up 31 per cent from 2023, led by cyber security funding and investments in more established ...
The European Commission said it was assessing its cases against Apple (AAPL.O), Alphabet (GOOGL.O), X and Meta (META.O), stressing that President-elect Donald Trump’s return to the ...
Microsoft (MSFT.O) is planning to halt hiring in part of its consulting business in the US in a bid to cut costs, CNBC reported this week, citing an internal ...
Demand for global equity funds declined sharply in the week through Jan. 15, as US Treasury yields rose and expectations for the Federal Reserve’s interest rate cuts fell following a ...
Around one in six British companies cut hiring late last year, the highest share since early 2021, according to a survey that showed firms felt pressure to raise prices due to ...
Finland’s Nokia (NOKIA.HE) has announced that it has signed a multi-year patent license agreement with Samsung (005930.KS) for the use of Nokia’s video technologies in the South ...
US small-business confidence surged to the highest level in just over six years in December, extending post election gains.
The National Federation of Independent Business said this week that its ...
Boeing (BA.N) expects to reach a balance between supply and market demand for passenger jets by the end of the decade, an executive said this week.
“From my perspective ...
Global diesel prices and refining margins spiked following the latest round of US sanctions on Russia’s oil trade on expectations the measures would tighten supplies, according to analysts and ...
Several European and North American car factories are at risk of being closed or sold this year as automobile brands struggle with overcapacity and price competition, research and advisory firm ...
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to inflation are ...
Top Republican officials at the US Securities and Exchange Commission are poised to begin overhauling the agency’s cryptocurrency policies potentially as early as next week when President-elect Donald Trump ...
Oil prices gained for a second session on Thursday, supported by worries over potential supply disruptions amid US sanctions on Russia, a larger-than-forecast fall in US crude oil stocks, and ...
Britain’s economic output returned to growth in November but expanded by less than expected in the first month after finance minister Rachel Reeves announced big tax increases for businesses.
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Donald Trump’s inauguration on Monday could herald a more volatile period for markets, with the Republican seen moving quickly on a wide swath of issues including trade and immigration ...
British business confidence slid to a two-year low at the end of last year, pushed down by worries about tax following the Labour government’s first budget, a survey showed ...
Britain’s ASOS Plc (ASOS.L) flagged a one-time impairment charge exceeding $200 million in fiscal 2025 due to the “mothballing” of its Atlanta distribution centre on Wednesday, as the online fashion ...