photo: Creative Commons / Bank of England
photo: Creative Commons / Alex Proimos
Toyota has reported record profit and sales figures on the back of the weak yen and strong demand for hybrid vehicles. The Japanese car giant said on Wednesday that it netted a record profit of 4.94 trillion yen ($31.9bn) in the year to March on revenues of 45.1 trillion yen, double the previous...
photo: Creative Commons / Gennady Grachev
The United States has revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies. Some companies were notified on Tuesday that their licenses were revoked effective immediately, according to one person...
photo: AP / Mark Schiefelbein
Thus far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and Iran, could result in oil prices rising to $150 a barrel and global output cut by $1 trillion, according to a new analysis by Bloomberg Intelligence (BI) and...
photo: AP / Marta Lavandier
European security agencies are sounding the alarm over an escalating threat from Russia, which appears to be orchestrating a series of violent acts designed to wreak havoc across the continent. With a disturbing uptick in covert operations, including bombings, arson, and systematic infrastructure...
photo: © European Union 2024 - Source : EP / © European Union 2024 - Source : EP
BUDAPEST, Hungary (AP) — Chinese leader Xi Jinping will spend the bulk of his five-day tour in Europe this week in two small countries at the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe. Following a stop in Paris on Monday to...
photo: AP / Darko Vojinovic