The pound held steady on both the dollar and euro on Wednesday as the relief investors felt from a cooler-than-expected inflation print that sparked a rally in gilts outweighed the ...
No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency for the general public, the Bank ...
Russia’s vast Arctic oil business is facing major disruption from US sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in storage, according ...
The British pound was poised to record a sixth consecutive day of decline against the dollar on Tuesday and hit a fresh 2-1/2-month low versus the euro as concerns ...
Credit rating agency DBRS said this week that it expects continued growth in the global aviation industry in 2025.
It mentioned that this involves potential improvements in operating margins for airlines, ...
The Greek tourism sector concluded 2024 with record-breaking performance, setting an optimistic tone for the future.
Although official data from the Bank of Greece is expected in the coming months, a ...
US banks will probably report stronger earnings this week, fueled by robust dealmaking and trading in the fourth quarter.
The six biggest US lenders have benefited from a resurgence in ...
The number of job vacancies in London’s financial sector dropped by almost a fifth in the last three months of 2024 compared with the previous quarter, to its lowest level ...
Israel posted a budget deficit of 19.2 billion shekels ($5.2 billion) in December, the Finance Ministry said on Monday, citing high expenses to finance the wars with the Palestinian Islamist militant group ...
Large British businesses plan to cut hiring this year at the fastest pace since the COVID-19 pandemic and scale back investment due to big tax rises announced in the government’...
Investment bankers are gearing up for a pickup in dealmaking activity in global equity capital markets this year, buoyed by a promising pipeline of anticipated initial public offerings of several ...
Airbus (AIR.PA) delivered 766 jets in 2024 and looked certain to maintain leadership of the jetmaking industry for a sixth year as arch-rival Boeing (BA.N) recovers cautiously from a prolonged ...
The global semiconductor market is expected to grow by over 15 per cent in 2025, according to market intelligence firm IDC.
IDC explained that this growth will largely be driven by the ...
The US PC market, excluding tablets, experienced a 7 per cent year-on-year growth in Q3 2024, with shipments reaching 17.9 million units, according to research from market analysts Canalys.
Canalys said that this ...
Mercedes-Benz’s (MBGn.DE) core car sales fell in 2024, a tough year for the auto industry marked by waning demand in a weak economy, especially in key market China, the ...
Shares in Britain’s Marks & Spencer and other retailers fell on January 9, with 2 billion pounds ($2.45 billion) wiped off the sector, as concern about ebbing consumer confidence and economic weakness ...
By Miranda Xafa
In an international environment of great turmoil and rapid change over the past year, Greece has stood out as a pole of political and economic stability in ...
The most destructive wildfires ever for Los Angeles may cause billions of dollars in insured losses, ratings agencies said this week, though many homes are likely uninsured.
The wildfires burning ...
By Michael Timothy Bennett & Elija Perrier
A new artificial intelligence (AI) model has just achieved human-level results on a test designed to measure “general intelligence”.
On December 20, OpenAI’s ...
British households’ expectations for inflation rose in December, according to a survey that may add to concerns among investors about the slow pace of future interest rate cuts by the ...
Ryanair (RYA.I) plans to operate a full schedule of flights from Tel Aviv this summer and is hopeful that Ben Gurion Airport will reopen its shuttered Terminal 1, senior executive ...
Samsung Electronics’ (005930.KS) preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards providing high-end ...
In a first, the EU General Court ruled this week that the European Commission must pay damages to a German citizen for failing to comply with its own data protection ...
Quantum computing stocks sank on January 8, pausing a year-long rally, after Nvidia (NVDA.O) CEO Jensen Huang said the technology’s practical use was likely two decades away.
The long ...