Britain rejects call to regulate crypto as gambling
Treating cryptoassets as a form of gambling would put Britain at odds with global and European Union regulators and fail to mitigate risks from the sector, Britain’s Financial Services ...
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Tesla may keep cutting prices in ‘turbulent times’, Musk says
Tesla (TSLA.O) CEO Elon Musk signalled on Wednesday that he would cut prices again on electric vehicles in “turbulent times”, even as his all-out price war on automaker rivals ...
Russia bombards Ukraine ports, threatens ships, jolting world grain markets
Russia struck residential buildings on Thursday in a third straight night of bombardments of Ukrainian ports and issued a new threat against Ukraine-bound vessels that the United States said meant ...
Wagner mercenaries help train Belarusian special forces near Poland’s border
Mercenaries from Russia’s Wagner Group will help train Belarusian special forces during exercises at a military range near the border with NATO-member Poland, the Belarusian defence ministry said on ...
Made in Russia? Imported kits drive a revival of Russia’s auto factories
The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow’s mayor as showing the resilience of Russia’s auto industry ...
Record crowds expected as Women’s World Cup kicks off despite Auckland shooting
The ninth Women’s World Cup opened with a celebration of New Zealand’s traditional Maori culture on Thursday, despite a shooting near the Norwegian team hotel in the country’...
Wildfires in Greece largely contained, danger not over as new heatwave looms
Wildfires across Greece were largely contained on Thursday after razing swathes of forest and dozens of homes for days, though a new heatwave loomed, threatening to stoke tinderbox conditions across ...
Move over, bitcoin: El Salvador sovereign bonds not done rallying
Investors in El Salvador international bonds are relishing 60 per cent returns this year alone as debt issued by the Central American country recovers from calls of doom and default, with ...
Ten dead, more than a 100 feared trapped in landslide in India after heavy rain (Update)
Rescue workers in India battled difficult terrain and bad weather on Thursday as they searched for more than 100 people feared trapped in a landslide that killed at least 10 villagers after ...
New Zealand shooter kills two on eve of Women’s Soccer World Cup
At least two people and an armed attacker were killed and five others wounded in a shooting in New Zealand’s largest city of Auckland on Thursday, hours ahead of ...
Swedish embassy in Baghdad stormed, set alight over Koran burning
Hundreds of protesters stormed the Swedish embassy in central Baghdad in the early hours of Thursday morning, scaling its walls and setting it on fire in protest against the expected ...
India’s Tata chooses UK for $5 bln Jaguar Land Rover gigafactory
India’s Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major boost for a UK car industry in ...
Truck maker Volvo’s quarterly profit surges, beats estimates
Swedish truckmaker AB Volvo (VOLVb.ST) on Wednesday logged a better-than-expected 57 per cent jump in second-quarter adjusted operating profit, helped by price hikes.
“We have been successful in improving margins ...
Regulator cancels license of FTX’s Australian business
Australia’s securities regulator said on Wednesday it had cancelled the license of the local arm of collapsed US cryptocurrency exchange FTX, effective from July 14.
Bahamas-headquartered FTX, once a star ...
UK watchdog steps into row over ‘debanking’ of Nigel Farage
Britain’s financial watchdog has stepped into a row over the closure of former Brexit Party leader Nigel Farage’s bank accounts, after Farage claimed NatWest’s NWG.L private ...
Kosovo court sentences former spy chief over Turkish arrests
A Kosovo court has sentenced the country’s former secret service chief to four years and eight months in prison for the arrest and extradition to Turkey of six Turkish ...
Kyiv says Russia attacks grain infrastructure with strikes on Ukraine’s Odesa ports
Ukraine accused Russia on Wednesday of damaging grain export infrastructure in “hellish” overnight strikes focused on two of its Black Sea ports, vowing not to be intimidated from working to ...
Several reported shot as Kenya protesters, police clash in tax hikes unrest
Several people were shot in Kenya, some possibly fatally, as security forces clashed with demonstrators across the country protesting high costs of living and tax hikes, a hospital official and ...
Europe battles heatwave and fires, record temperatures scorch China
Italy put 23 cities on red alert with temperatures set to reach up to 46 Celsius (114 Fahrenheit) on Wednesday, one of the global hotspots as a wave of extreme heat, wildfires and ...
Donald Trump loses bid for new trial in E. Jean Carroll abuse case
A federal judge on Wednesday rejected Donald Trump’s request for a new trial after a jury found the former U.S. president liable for sexually abusing and defaming the ...
Chechen leader’s ‘dear’ nephew made head of seized Danone subsidiary in Russia
A nephew of Chechen leader Ramzan Kadyrov has been appointed the new head of Russia’s Danone subsidiary DANO.PA after the Kremlin ordered the state to take temporary control ...
UK’s MI6 boss says Putin under pressure, invites Russians to spy for Britain
The head of Britain’s MI6 foreign spy service said on Wednesday last month’s mutiny by Russian mercenaries showed there were ‘deep fractures’ surrounding the Kremlin, and invited Russians ...
Nissan, Renault ready to announce new alliance deal in days
Nissan (7201.T) and Renault (RENA.PA) will make an announcement in the coming days on their restructured alliance and have finalised the deal, three people familiar with the matter said, ...
Tesla lays out steps to building Europe’s biggest car plant
Tesla (TSLA.O) has requested approval from German local authorities to make sweeping changes to its factory near Berlin, a key next step in its ambitious plan to expand the ...