Honda Motor Co. has warned investors it may record its first annual loss since listing on the stock market in 1957. The company revealed restructuring costs of up to 2.5 …
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Chinese startup DeepSeek has become one of the most talked-about companies in the global technology industry. Its latest open-source large language model delivers strong performance while significantly lowering development costs. …
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Chinese Vice-Premier He Lifeng will represent Beijing in the latest round of trade consultations with the United States, scheduled to take place in France. The negotiations, running from Saturday to …
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Spain’s wealthiest man, Amancio Ortega, is set to collect a record €3.23bn dividend from his fashion empire, much of which is expected to flow directly into global real estate. Ortega …
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The UK’s economic recovery hit a wall in January, as official data showed a total lack of growth following a month of intense geopolitical and fiscal uncertainty. The 0% GDP …
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HSBC has posted annual pre-tax profits of $29.9bn, outperforming market expectations despite significant write-downs in its Chinese operations. The bank’s performance has paved the way for a $3.9bn bonus pool, …
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The US Treasury has opened a narrow 30-day window for the purchase of Russian oil currently on the water to prevent a global supply catastrophe. This emergency measure is a …
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The Federal Reserve’s battle against inflation has been complicated by the sudden outbreak of war, which occurred just as February’s inflation data showed a steady 2.4% annual rate. While core …
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The British utility landscape is set for a shake-up following Ofgem’s decision to grant Tesla a formal electricity supply licence. This approval empowers the company to sell electricity directly to …
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Staff at the UK’s largest employee-owned retailer are set to receive their first bonus in four years, ending a long drought for the partnership’s workforce. The 2% payout follows a …