Long Volkswagen’s most reliable profit driver, luxury sports car maker Porsche (P911_p.DE) has become its biggest problem, creating a road bump for CEO Oliver Blume’s restructuring ...
Global air cargo demand increased by 4.4 per cent year-on-year in August 2026, with all regions recording growth, according to figures released by the International Air Transport Association (IATA).
Demand for international ...
Global air passenger demand fell by 0.8 per cent year-on-year in August 2026, as a sharp contraction in the Middle East weighed on overall traffic, according to figures released by the International ...
Around 80 per cent of dangerous goods incidents reported to IATA in the first half of 2025 involved undeclared or hidden hazardous goods, prompting the airline industry body to call for tighter ...
PepsiCo is set to raise prices for some chips to keep pace with inflation, a spokesperson for the company said, as the Lay’s maker works to revive sales in ...
Tesla is beginning deliveries of its Semi trucks to a first set of customers this week, executives said at its plant in Sparks, Nevada, almost nine years after CEO Elon ...
Greece’s shipping policy has helped prevent additional energy costs from feeding through to the wider economy, Shipping and Island Policy Minister Vassilis Kikilias said in an interview with Real ...
Freight rates for very large crude carriers (VLCCs) surged by more than 800 per cent over the past year, with the sharp rise now feeding directly into second-hand vessel values, according ...
The European Banking Authority (EBA) has issued new guidelines on third-party arrangements supporting critical or important functions, as part of efforts to simplify the EU banking sector’s regulatory framework.
...
The value of European Union petroleum oil imports rose sharply by 55.8 per cent in the second quarter of 2026, according to Eurostat.
Despite the steep rise in total cost, the volume ...
The steady rise in use of electric vehicles across the US is creating a two-tiered fuel market, splitting motorists between those whose costs are dictated by global oil markets and ...
Global display panel manufacturers are expected to reduce production in October as weaker television and IT demand puts pressure on inventories, according to marekt intelligence firm Omdia.
The average utilisation ...
For years, the race to build ever-more powerful artificial intelligence followed a well-worn Silicon Valley principle: move fast and break things.
But in a series of cascading events over a 10...
Researchers, farmers and tech companies are developing open-source tools to tackle crop disease, irrigation and patchy internet, making digital farming cheaper, more practical and easier for farmers to trust.
By ...
The European Central Bank launched a new service this week linking its payment system to blockchain-based financial markets and said it would invest some of its own money in digital ...
The European Commission proposed rules this week requiring data centres in Europe to disclose how efficiently they use energy and water, as concerns grow over their consumption of resources.
The ...
Central banks need to understand who benefits from artificial intelligence-driven gains, as their distribution will help shape aggregate demand and inflation, European Central Bank Governing Council member Fabio Panetta said ...
Advanced Micro Devices (AMD) made financial history earlier this week when its market capitalisation soared past $1 trillion for the first time on Monday, firmly placing the company in an elite ...
Costco Wholesale beat quarterly estimates on Thursday, recording strong comparable sales growth as inflationary pressures drove consumers to its discount gas stations and boosted demand across its warehouses.
The warehouse ...
Starbucks will close 250 underperforming coffeehouses in North America, the company said in a regulatory filing on Thursday, as CEO Brian Niccol deepens his turnaround push to revive sales.
The closures ...
Global equity funds attracted the most inflows since early July in the week to September 25, snapping a two-week selling streak as enthusiasm around artificial intelligence and a pullback of oil ...
Alpha Finance-AXIA has raised its price target for Bank of Cyprus (BoC) to €12.30 from €11.60, citing strong profitability, a solid capital position and shareholder returns as it lifted its targets across ...
Swedish fashion retailer H&M is driving changes to improve efficiency and react more quickly to fashion trends, its CEO said on Thursday, after the company reported a slowdown ...
Mark Zuckerberg took repeated digs at Apple during Meta’s annual event on Wednesday, only to borrow a page from Steve Jobs’ playbook for a surprise reveal: a pocket-watch-sized device ...