Honda Motor Co. has announced a sweeping reset of its electric vehicle strategy that could result in its first annual loss since going public in 1957. The automaker revealed potential …
Chinese startup DeepSeek has made headlines worldwide after releasing a new open-source AI model that rivals leading global technologies. The system has attracted attention for delivering powerful performance at significantly …
Chinese Vice-Premier He Lifeng will head to France this week to lead China’s delegation in a fresh round of trade discussions with the United States. The negotiations mark the sixth …
Zara’s parent company, Inditex, has announced a record dividend payment of €3.23bn to its founder, Amancio Ortega, after a year of strong financial results. The dividend increase of 4% follows …
The UK’s vital services sector saw a total lack of growth in January, dragging the overall national GDP to a 0% flatline. This unexpected stagnation highlights the fragility of the …
HSBC has announced a final dividend of 45 cents per share, bringing the total for the year to 75 cents, alongside a massive $3.9bn bonus pot for its staff. While …
Despite a new 30-day sanctions waiver from the US Treasury allowing for the purchase of stranded Russian oil, Brent crude remained above $100 per barrel on Friday. The Trump administration …
Following the February inflation report showing a steady 2.4% rate, the Federal Reserve is proceeding with extreme caution as the war sends energy prices soaring. Policymakers are wary of repeating …
Elon Musk has officially expanded his business interests in Great Britain after Tesla was granted a licence to supply electricity by Ofgem. This move permits the firm to sell power …
Employees at the John Lewis Partnership are set to receive a 2% bonus, the first such payment in four years. The payout comes after the group reported a 5% increase …
