International

Oil prices jumped by over a dollar on Wednesday due to rising concerns Middle East tensions could escalate, potentially disrupting crude output from the region, following Iran’s biggest ever ...

IT services firm Accenture has unveiled a $4.0 billion share buyback and reported better-than-expected fourth-quarter revenue thanks to demand from companies looking to adopt generative artificial intelligence technology. Shares of the ...

Global cybersecurity spending reached a total of $21.1 billion in the second quarter of 2024, representing a year-on-year growth of 9.9 per cent.  Despite ongoing macroeconomic uncertainty, including political disruptions from elections and ...

Constellation Energy (CEG.O) and Microsoft (MSFT.O) plan to restart the Three Mile Island nuclear plant, hoping they have scored a quick source of enough climate-friendly energy to power ...

Alphabet’s (GOOGL.O) Google is providing key capabilities for an artificial intelligence assistant for Volkswagen (VOWG_p.DE) drivers in a smartphone app, part of Google’s strategy to ...

Russia’s southern republic of Dagestan has called for tougher measures against power-hungry cryptocurrency miners who local officials said were causing electricity outages and seeking to evade the law by ...

US companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against ...

The Biden administration’s proposed ban on Chinese connected-car technology could prove its strongest weapon yet to fend off an onslaught of cheap Chinese electric vehicles that has upended the ...

Mergers could allow banks to become more resilient to shocks and to operate more efficiently and would benefit the European Union economy, according to the European Commission. The EU’s ...

Stellantis (STLAM.MI) is searching for CEO Carlos Tavares’ successor, the company has said, after the Chrysler parent laid out a plan to strengthen North America operations by slashing bloated ...

Europe’s biggest tour operator TUI this week confirmed its annual guidance and mid-term targets after a strong summer season, sending its shares up in morning trading. Shares in TUI ...

ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with ...

Germany’s leading economic institutes have downgraded their forecast for 2024 and now see Europe’s largest economy shrinking by 0.1 per cent, they said in their autumn joint economic forecasts. The ...

HSBC said this week that it now expects the European Central Bank to cut interest rates by 25 basis points at every meeting from October through to April next year given ...

The Federal Reserve’s aggressive start of the easing cycle has rekindled inflation worries in the US bond market, as some investors fear looser financial conditions could re-ignite price pressures. ...

French telecom operator Orange (ORAN.PA) announced this week its intention to delist its shares from the New York Stock Exchange (NYSE), citing the financial cost of the secondary listing. “...

Turkish households’ expectations for annual inflation 12 months ahead stood at 71.6 per cent in September, the central bank said on Wednesday, down 1.5 points from a month earlier. Market participants’ expectations for ...

Germany’s leading economic institutes have downgraded their forecast for 2024 and now see Europe’s largest economy shrinking by 0.1 per cent, people familiar with the figures from the autumn joint ...

Toyota Motor (7203.T) on Tuesday increased its share buyback plan through April 30 to up to 1.2 trillion yen ($8.31 billion) from 1 trillion yen in view of the latest share price. Toyota had ...

British businesses reported a slowdown in growth this month as some firms feared higher taxes, according to a survey that also showed waning price pressures, potentially encouraging the Bank of ...

British manufacturers reported the fastest fall in export demand this month since December 2020, just before Britain left the European Union’s single market, the Confederation of British Industry said this ...

Greece’s bank bailout fund HFSF will start the process to sell a stake of up to 12 per cent in National Bank of Greece (NBGr.AT) early next week, two ...

Saudi Aramco (2223.SE) is planning to raise up to $3 billion in five and 10-year US dollar-denominated sukuk, or Islamic bonds, according to two sources with direct knowledge of the matter ...

Nike’s new CEO is expected to double down on the company’s efforts to repair relations with retailers to energize sales, reversing a strategy under outgoing chief John Donahoe ...