Turkey’s central bank is not even considering a rate-cutting cycle at this time because easing too early could reignite inflation and extend the pain for an economy on the ...
The Bank of England’s first interest rate cut since 2020 hangs in the balance next week, with greater uncertainty than usual as key policymakers have not spoken publicly for more ...
Oil prices were little changed on Friday but on track for a third consecutive weekly decline, pressured by muted demand in China and expectations of a Gaza ceasefire deal that ...
Eurozone consumers stopped reducing their inflation expectations in June after four consecutive monthly falls, a European Central Bank survey showed on Friday.
The ECB’s Consumer Expectations Survey is one ...
US existing home sales fell more than expected in June as the median house price set another record high, but improving supply and declining mortgage rates offered hope that activity ...
Visa’s (V.N) third-quarter revenue growth fell short of Wall Street targets in a rare miss for the world’s largest payments processor as steep borrowing costs limited consumer ...
Four high street banks, HSBC, Lloyds, TSB and Allied Irish Bank (AIB), broke Britain’s competition rules, the Competition and Markets Authority said in a statement on Thursday.
It did ...
Barcelona cannot absorb an ongoing, unbridled growth in the number of tourists and has to impose restrictions so as not to become a “theme park” without residents, the mayor of ...
Shares in French luxury giant LVMH (LVMH.PA) fell more than 6 per cent on Wednesday and were on track for their biggest one-day drop since October 2023 after its second-quarter sales ...
A week of hot summer weather at the end of June, England reaching the final of the Euro 2024 soccer championship and promotions on branded goods drove UK grocery sales over ...
Growth in eurozone business activity stalled this month as a tepid expansion in the bloc’s dominant services industry failed to offset a deeper downturn among manufacturers, a survey showed ...
Tesla (TSLA.O) on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as the electric vehicle maker ...
Grid Telecom, a wholly-owned subsidiary of Greece’s Independent Power Transmission Operator (IPTO), and Dawiyat Integrated, a telecommunications arm of Saudi Electricity Company (SEC), this week signed a Memorandum of ...
Alphabet (GOOGL.O) beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services, but flagged that ...
A jump in British household savings since the COVID-19 pandemic appears here to stay and cannot be fully explained by higher interest rates or unemployment fears, according to the country’...
Israeli cybersecurity startup Wiz has ended talks with Google-parent Alphabet (GOOGL.O) on a reported $23 billion deal in which it would have become the US tech giant’s largest-ever acquisition, ...
Turkey’s central bank held its policy rate steady at 50 per cent on Tuesday as expected and repeated it remains highly attentive to inflation risks, even as it expects disinflation ...
Commercial greenhouses in Europe are testing new energy and water efficiency technologies in support of the green transition.
By Bárbara Pinho
In the province of Almería in southeastern ...
Apple is partnering with the philanthropic arm of real estate firm Sobrato and two other California-based groups to launch a fund with an initial investment of $50 million to support affordable ...
Meta Platforms has announced that it has decided to suspend use of generative artificial intelligence tools in Brazil in response to the government’s objections to its new privacy policy ...
Russia should accelerate the creation of infrastructure for payments in cryptocurrencies but carefully weigh the associated risks, its money laundering watchdog said in a statement, ahead of a parliamentary vote ...
EU antitrust regulators are asking industry participants if Google’s (GOOGL.O) multi-year generative artificial intelligence (AI) deal with Samsung (005930.KS) hinders rival chatbots on Samsung smartphones, according to an ...
European companies are seeing outsized gains and losses in their shares when they report earnings, a Reuters analysis shows, a trend that has more to do with the growing sway ...
Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs.
Here are some layoffs announced since the ...