London: The Bank of England froze its key interest rate Thursday for a fourth meeting in a row, matching US Federal Reserve policy,...
London: The Bank of England froze its key interest rate Thursday for a fourth meeting in a row, matching US Federal Reserve policy,...
Tokyo: China's global dominance in electric cars helped it overtake Japan as the world's biggest vehicle exporter last year, official data confirmed Wednesday....
New York: Microsoft joined Apple on Wednesday as a three trillion dollar company, as its big bet on artificial intelligence continued to impress...
BANGKOK: Riot Games, the developer of the popular "League of Legends” multiplayer battle game is joining other tech companies that have been trimming...
Tokyo: Sony confirmed Monday it is pulling out of a $10-billion merger agreed in 2021 of its Indian operations with local rival Zee...
Tokyo: Japanese consumer inflation slowed again in December due to lower electricity and gas bills, government data showed Friday, ahead of a Bank...
London: UK retail sales last month suffered the largest drop since January 2021 when Britain was in Covid lockdown, as Christmas shoppers tightened...
Berlin: Pharmaceutical giant Bayer confirmed late Wednesday that it will be making "significant" cuts to its workforce in Germany by the end of...
Davos, Switzerland: The European Central Bank could start cutting interest rates this summer, president Christine Lagarde said Wednesday, while stressing that any such...
Washington: Artificial intelligence (AI) will impact 60 percent of jobs in advanced economies, IMF Managing Director Kristalina Georgieva told AFP, shortly before departing...
Alphabet Inc.’s Google is laying off hundreds of people working on its digital assistant, hardware and engineering teams as part of a continued...
Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak...
Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit. Last month Amazon said that Prime Video users would...
San Francisco: Amazon's gamer streaming unit Twitch on Wednesday announced that it was laying off 500 staff, reportedly one third of the company,...
Geneva: The global unemployment rate will increase slightly in 2024, the United Nations said Wednesday as it raised concerns about stagnant productivity, worsening...
London:Investors scaled back their bets on a cut in interest rates this year after economic data on the labor market, in addition to...
Biotech investors are heading into the year’s biggest dealmaking event with a renewed sense of optimism after more than two years of layoffs...
Paris: Supermarket chain Carrefour has stopped selling Doritos, Pepsi and other Pepsico brands at its stores in France, Belgium, Italy and Spain amidst...
