International

The European Union’s industry sector consumed 8,835 petajoules (PJ) of energy in 2024, marking an 8.1 per cent decline compared with 2014, according to newly released data from Eurostat. The figures also showed ...

Global air passenger demand fell in April 2026, as the war in the Middle East caused a sharp drop in traffic among the region’s airlines and weighed heavily on the ...

Economic analysis of credit markets often relies on a model that assumes firms have a uniform demand for credit across all their lenders, but a new paper from the European ...

Strictly and consistently implemented liquidity management tools can help bolster the resilience of the non-bank financial sector and safeguard broader system-wide stability by preventing localised shocks from escalating into fire-sale ...

The European Central Bank (ECB) has published an analysis detailing the underlying drivers of investor behaviour within highly valued equity markets, particularly focusing on the technology and artificial intelligence sectors. ...

European households are displaying a persistent reluctance to invest in equities, a trend that continues despite the long-term wealth-building potential of financial markets, according to a working paper from the ...

Analysts from the European Central Bank (ECB) have detailed the drivers behind the dramatic surge in the market value of euro area banks seen throughout 2025. In their analysis, the ECB’...

Europe’s smartphone market recorded modest growth in the first quarter of 2026, highlighting resilient demand despite rising supply-side pressures, according to market research firm Omdia. The report showed that smartphone ...

The European Union maintained a positive trade balance during the first quarter of 2026, as goods exported to non-EU nations outpaced inbound shipments by €12.7 billion, according to data released by Eurostat. ...

Private equity buyouts propagate deeply through corporate supply chains, creating sharp performance gains for suppliers in normal times but heavy financial distress during economic downturns, according to a working paper ...

FuelEU compliance has moved beyond regulation to become a commercial optimisation challenge for the shipping industry, according to integrated emissions management service EmissionLink. The company made the point after completing ...

OpenAI CEO Sam Altman said this week that the rapid development ‌and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as ...

British shop price inflation sped up in May on the back of disruption and ​higher energy costs caused by the Iran ‌war, according to a retail industry group which said ...

Wall Street banks are pushing the Federal Reserve behind the scenes to cement its new supervisory regime so the changes cannot easily be reversed by potential future Democratic administrations, said ...

Technology leaders and analysts at the IDC Directions 2026 conference in Beijing recently highlighted the rapid evolution of artificial intelligence, signalling a decisive shift from infrastructure development to large-scale enterprise adoption. ...

Spain’s Consumer Rights Ministry temporarily banned so-called prediction markets Polymarket and Kalshi ​for operating in the country without a ‌gambling licence, the official state gazette showed this week. In ...

British retailers reported lower sales in May against a backdrop of weak demand, but not the record downturn they had reported a month earlier, ​according to figures released by the ...

Hundreds of vessels remain unable to transit the Strait of Hormuz, raising concerns that any sudden return to more normal navigation conditions could create a serious navigational hazard in one ...

The co-founder of AI company Anthropic said earlier this week that the development of artificial intelligence cannot be ‌left solely to technology companies, urging greater oversight from religious leaders, governments ...

A profound breakdown between authority and accountability is actively reshaping the modern maritime industry, leaving ship masters to carry the professional consequences of decisions micro-managed by shore-side teams. The widening ...

HSBC has appealed to staff not to fight ​AI, saying it would destroy jobs while creating new ones, as banking rival Standard Chartered sought to ‌calm workers over comments that ...

The Middle East crisis is increasingly spilling into labour markets worldwide, threatening jobs, incomes and working conditions as higher energy costs, disrupted transport routes, weaker tourism and tighter migration flows ...

Wall Street is abuzz with next month’s expected blockbuster debut of Elon Musk’s rocket and satellite maker SpaceX, but few of the biggest IPOs in ​recent years have ...

US consumer confidence eased in May as worries about ​inflation linked to the war with ‌Iran intensified, offsetting an improvement in households’ perceptions of the labor market, a ​survey showed ...