Honda Motor Co. is preparing for its first annual loss since its stock market listing in 1957 after announcing massive restructuring costs in its EV division. The company said the …
The artificial intelligence community has been closely watching Chinese startup DeepSeek after the company unveiled a powerful new AI model. The open-source system delivers advanced language processing capabilities while keeping …
Chinese Vice-Premier He Lifeng is preparing to lead a delegation to France for a new round of economic discussions with the United States. The talks will take place over four …
Inditex founder Amancio Ortega is set to receive a record €3.23bn dividend this year, as Europe’s largest fashion group continues to thrive. The payout follows a 5.8% rise in pre-tax …
A combination of severe weather, localized utility failures, and global energy shocks caused the UK economy to flatline in January. Official data from the ONS confirmed 0% growth for the …
HSBC’s market value has reached a significant milestone of $300bn, driven by a successful reorganization along “east-west” lines and strong annual profits. The bank reported a 2025 pre-tax profit of …
Late Thursday, the Trump administration announced a 30-day waiver on sanctions for Russian oil currently at sea, citing the need to stabilize global energy prices. Treasury Secretary Scott Bessent noted …
A rare shutdown of shipping lanes has disrupted the U.S. inflation outlook, following a February report that saw prices rise at a 2.4% annual clip. The conflict, which began in …
The UK’s “Big Six” energy companies have a new competitor as Tesla secures its electricity supply licence from Ofgem. The authorization allows Elon Musk’s company to sell electricity to homes …
Strong performance at Waitrose has helped the John Lewis Partnership return to a position where it can pay an annual bonus to its employees. The group announced a 2% bonus …
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