Growth in Saudi Arabia’s non-oil sector eased in July from the previous month, with new orders increasing at the slowest pace in two and a half years, a survey ...
The United Arab Emirates’ non-oil private sector expanded at its slowest pace in almost three years in July, a survey showed on Monday, with both output and new order growth ...
Bitcoin and ether plunged on Monday to multi-month lows as worries over a possible US recession in the wake of soft data gripped financial markets and triggered a rush to ...
Stock markets tumbled on Monday and Japanese shares plummeted a gut-wrenching 13 per cent as fears the United States could be heading for recession sent investors rushing from risk while wagering ...
By Geoffrey Ditta
The allure of Europe’s capitals and major cities is undeniable. For decades, people have flocked to them to work in industry, set up businesses, and seek ...
The market for artificial intelligence (AI) platforms software experienced rapid growth in 2023 and is expected to maintain its remarkable momentum, driven by the increasing adoption of AI across numerous industries, ...
Major video game publishers including Electronic Arts and Take-Two will likely stave off a big hit from the strike by voice actors and motion-capture artists due to their in-house studios ...
Companies worldwide are lowering full-year sales and profit guidance as higher interest rates and weakness in China’s economy hurt global consumer sentiment, taking the shine off earnings growth in ...
Apple’s (AAPL.O) upcoming artificial intelligence features will arrive later than anticipated and will miss the initial launch of upcoming iPhone and iPad software overhauls, according to a report ...
Global hedge funds ditched bets against European stock markets at the fastest pace in 10 years amid a raft of better-than-expected company results, according to a Goldman Sachs (GS.N) note ...
McDonald’s (MCD.N) reported a surprise drop in sales and missed Wall Street estimates for quarterly profit on Monday, as the burger giant struggled to draw in cash-strapped customers ...
Diageo (DGE.L) is set to post its first yearly sales decline since 2020 next week, when it needs to convince investors that plans to turn around its North American and ...
YouTube speeds in Russia are set to sharply decline on desktop computers due Google’s failure to upgrade its equipment in Russia and its refusal to unblock channels of Russian ...
By Ioannis Tirkides
A common thread runs through many of the elections taking place around the world this year: a rise in populism and nationalism, a move towards protectionism and ...
Eurozone banks have “room for improvement” in their cyber security, starting with how they would keep their business running after a hack, the European Central Bank said in an announcement.
...
LinkedIn agreed to pay $6.625 million to settle a proposed class action accusing the Microsoft (MSFT.O) unit of overcharging advertisers by inflating how many people watched video ads on its ...
Meta Platforms (META.O) has said that it will roll out a new tool called AI Studio that will allow users to create, share and design personalized AI chatbots.
The ...
Intel (INTC.O) was set to erase nearly $25 billion in market value on Friday in what would be its worst selloff since 2000 after it suspended its dividend and slashed its ...
Barclays (BARC.L) announced a new 750 million pound ($957 million)share buyback and upgraded its longer term earnings guidance on Thursday, driven in part by an upswing in trading income that ...
Shipping company Maersk (MAERSKb.CO) on Thursday raised its full-year guidance on the back of strong container market demand and the crisis in the Red Sea, but also said the ...
The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently.
Governor ...
The Bank of England will not publish rules for implementing tougher global bank capital requirements until after the summer, it said this week, raising questions about whether a July 2025 start ...
Saudi Arabia’s real gross domestic product (GDP) shrank 0.4 per cent year-on-year in the second quarter, preliminary data by the government’s statistical authority showed on Wednesday, driven by a 8.5 ...
Turkey wants to complete negotiations for a free trade agreement with the Gulf Cooperation Council by the end of the year, the Turkish trade ministry said on Wednesday, after Ankara ...