Aircraft engine maker Rolls-Royce will slash up to 2,500 jobs worldwide in a bid to streamline its operations and tackle years of underperformance.

OSLO, Norway--(BUSINESS WIRE)--Jun 7, 2023--

The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. Financial markets expect the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% on Thursday

Shares are mostly lower in Asia, with Tokyo's markets closed for a national holiday

A Chinese mining company on Wednesday commissioned a $300 million lithium processing plant in Zimbabwe

Venezuela’s state oil giant is parting ways with an old ally who once helped to break a strike

UK startups have attracted $4.9 billion in investment in the third quarter in part thanks to US backers,

The proposed NewRange Copper Nickel mine in northeastern Minnesota has suffered a fresh setback

Dollar General Corp cut its full-year same-store sales and profit forecasts on Thursday as inflation-hit Americans, discouraged by

The European Central Bank says the banking sector could withstand a severe economic downturn without depleting their financial buffers against losses

By Anna Koper WARSAW Poland's central bank cut its main interest rate by 75 basis points to 6.00%

BEIJING Beijing Hyundai Motor has put its Chongqing plant up for sale at a starting price of 3.68