International

Microsoft will invest $1.7 billion over the next four years into expanding cloud services and artificial intelligence in Indonesia, including building data centres, according to chief executive Satya Nadella. Jakarta is ...

European car giants Volkswagen, Mercedes-Benz and Stellantis all posted lower sales and first-quarter revenue this week as they geared up to launch new models, faced higher costs and were hit ...

Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, joining rivals in benefiting from a solid rebound in the battered global memory ...

Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three sources said, as the South Korean auto group shifts strategy to look beyond electric ...

Aston Martin (AML.L) posted a bigger-than-expected first-quarter pretax loss earlier this week as the British luxury carmaker made fewer cars and burned more cash than analysts anticipated, sending its ...

British manufacturing fell back into contraction in April and cost pressures escalated, although the pace of decline was a little less marked than first feared, a survey showed on Wednesday. ...

Amazon.com reported quarterly results above Wall Street’s expectations this week, as interest in artificial intelligence helped drive cloud-computing growth. CEO Andy Jassy told analysts that for Amazon “there ...

Apple’s quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6 per cent in extended trade. ...

Moody’s on Thursday beat Wall Street estimates for first-quarter profit, helped by demand for its research and analytics products. The New York-based company recorded robust sales of its products ...

The global economy is growing faster than expected only a few months ago thanks to resilient US activity while inflation is converging more quickly than expected with central banks’ targets, ...

Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in US stocks and bonds as stubborn inflation causes bets on the timing of Federal ...

British house prices fell unexpectedly for a second month running during April, figures from mortgage lender Nationwide showed on Wednesday. House prices fell 0.4 per cent month-on-month, after a 0.2 per cent ...

McDonald’s (MCD.N) missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers and the Middle East conflict weighed on the ...

Elon Musk’s abrupt decision to lay off employees who ran Tesla’s electric vehicle charging business blindsided automakers gearing up to equip new EVs for customers to use the ...

Coca-Cola raised its annual organic sales forecast on Tuesday after topping first-quarter results as customers in the US and international markets shell out more money for its pricey sodas and ...

The number of mortgages approved by British lenders rose to an 18-month high in March, according to Bank of England data on Tuesday that confirmed a recovery in the housing ...

The German economy skirted a recession at the start of the year, growing more than expected thanks to the construction sector and exports, preliminary data showed on Tuesday. The economy ...

The value of research and development undertaken in Britain each year could be more than 20 per cent higher than estimates currently show, early findings from a revamped Office for National ...

Boeing (BA.N) on Monday tapped debt markets to raise $10 billion, after the US planemaker burned $3.93 billion in free cash during the first quarter following slowing production of its best-selling ...

McDonald’s (MCD.N) is set to report a sequential drop in sales growth for the fourth straight quarter as low-income consumers remain hesitant about eating out even as fast-food ...

Alphabet (GOOGL.O) unit Google recently announced that it would invest $3 billion to set up a data centre campus in Indiana and expand sites in Virginia. A boom in artificial ...

Royal Caribbean Group raised its annual profit forecast for a second time and beat expectations for first-quarter profit and revenue last week, with half of its growth coming from higher ...

Deutsche Bank (DBKGn.DE) shares were 5.5 per cent lower in early trade on Monday after news that Germany’s largest lender could be on the hook for up to 1.3 billion ...

Oil prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears of a wider conflict in the Middle East and ...