Reuters News Service

Whoever coined the phrase “king dollar” certainly had good reason for doing so and currency trading this week only confirms that the epithet holds true. With recession risks running high, ...

Shell (SHEL.L) said on Thursday said it would reverse up to $4.5 billion in writedowns on oil and gas assets after it raised its energy prices outlook following Russia’s ...

Ukraine’s foreign ministry said on Thursday a Russian ship carrying Ukrainian grain had been allowed to leave the Turkish port of Karasu, calling it an “unacceptable situation and summoning ...

The euro edged higher on Thursday, supported by rising risk appetite but still within striking distance of its two-decade low as surging energy prices fuel recession fears. Meanwhile, implied volatility ...

Israel’s economic growth is expected to slow to 4.9 per cent in 2022 after an 8.2 per cent spurt last year, the Finance Ministry said on Thursday. It expects higher inflation and ...

The Turkish central bank is ready to source unlimited funding for lira rediscount credits extended to exporter companies, a source with knowledge of central bank actions said on Wednesday. Turkish ...

When barbecue buddies Ons Jabeur and Tatjana Maria step on to Centre Court for their Wimbledon semi-final on Thursday, the loyalties of an eight-year-old German girl who will be sitting ...

The women’s European Championship got under way with pre-game fireworks for a tournament record crowd but there was little sparkle from hosts England as they laboured to a 1-0 ...

Prime Minister Boris Johnson was defiantly hanging onto power on Thursday despite the resignation of four top ministers and a seemingly unstoppable revolt by his own lawmakers, threatening to paralyse ...

Britain’s new finance minister Nadhim Zahawi told Boris Johnson to resign on Thursday, less than 48 hours after the prime minister promoted him to the job, saying the crisis engulfing ...

US crypto lender Voyager Digital (VOYG.TO) said on Wednesday it had filed for bankruptcy, becoming another casualty of a dramatic fall in prices that has shaken the cryptocurrency sector. ...

India’s new cryptocurrency tax has dealt a heavy blow to the country’s crypto exchanges, adding to broader sectoral woes and sending trading volumes plunging by up to 90 per ...

Former Russian President Dmitry Medvedev said attempts by the West to punish a nuclear power such as Russia for the war in Ukraine risked endangering humanity, as the near five-month ...

Prime Minister Boris Johnson defied pressure to quit on Wednesday from senior ministers and a mounting rebellion within his ruling Conservative Party, saying he will fight off any attempts to ...

The BBC said it had deleted an earlier tweet in which it reported Britain’s Northern Ireland minister Brandon Lewis had resigned because it was inaccurate. The Telegraph’s political ...

A hurting Rafa Nadal exhibited heroic mental strength to edge American 11th seed Taylor Fritz in a final set tiebreaker during a captivating Wimbledon quarter-final contest on Wednesday to keep ...

A woman was stabbed to death on the Swedish island of Gotland, police said on Wednesday, at a political festivaltaking place just over two months before a national election. Police ...

The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had “darkened significantly” since April and she could not rule out a possible ...

Ukraine has so far staved off any major Russian advance into the north of its Donetsk region, but pressure is intensifying with heavy shelling on the city of Sloviansk and ...

British Airways will cut more flights during the crucial summer holiday months, as airlines and airports across Europe struggle to keep up with strong post-pandemic demand from holidaymakers. Britain last ...

Nick Kyrgios is just one match away from a place in the Wimbledon final after steaming past Cristian Garin in straight sets. The controversial Australian, whose antics this fortnight have ...

The man accused of firing a semiautomatic rifle into a Chicago-area Independence Day parade from a rooftop has admitted to authorities that he carried out the attack that killed seven ...

Rocco Morabito, the second most-wanted fugitive in Italy and a bigwig in the powerful ‘Ndrangheta mafia, was flown to Rome on Wednesday after being extradited from Brazil ending some 28 years ...

Elena Rybakina recovered from a shaky start to overwhelm Australian Ajla Tomljanovic 4-6 6-2 6-3 on Wednesday and set up a Wimbledon semi-final with Simona Halep, becoming the first Kazakhstan ...