Business

Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to cut interest rates gradually but that it was tricky to gauge the right speed of easing. "The recent evidence further supports the case...

South Korea's Hyundai Motor Group said on Thursday it planned to boost domestic investment by 19% to a record 24.3 trillion won ($16.65 billion) this year to ensure growth as it navigates political turmoil as well as U.S. economic unpredictability....

A look at the day ahead in European and global markets from Kevin Buckland The British bond market has become the focus of global investor attention, for some unenviable reasons. A 20-basis point spike in benchmark gilts this week to...

Nvidia on Monday took the wraps off new products such as artificial intelligence to better train robots and cars, souped-up gaming chips and its first desktop computer, as it expounded upon its potential to expand its business. At CES 2025,...

A look at the day ahead in European and global markets from Wayne Cole. Markets have mostly been on a random walk in Asia, punctuated by reports embattled Canadian Prime Minister Justin Trudeau might announce his resignation as early as...

When the deadly Grenfell Tower blaze in 2017 led to revelations that high-rise public housing buildings across Britain were wrapped in flammable cladding, the government vowed the building contractors responsible would pay for their negligence. Seven years on, contractors who...

The dollar eased a touch on Monday but stayed close to a two-year peak, as traders awaited a raft of U.S. economic data releases this week headlined by December's nonfarm payrolls report, for further clues on the Federal Reserve's rate...

Italy is in advanced talks with Elon Musk's SpaceX over a 1.5 billion euro ($1.55 billion) deal for the company to provide secure telecommunications to the government, Bloomberg News reported on Sunday. Discussions are ongoing and a final agreement on...

China's Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said on Monday. The companies have signed a memorandum of understanding to open their respective fast-charging networks...

Shares in Nippon Steel fell more than 1% on Monday after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, dampening growth prospects for Japan's largest steelmaker. Biden cited national security concerns, in a potentially fatal...