Erdogan’s victory and the west
Erdoğan’s re-election as Turkish president means that Ankara’s relations with its Western allies will remain turbulent. The West should expect a bumpy ride. By Luigi...
International
Amazon should not pay $268 mln in Luxembourg back taxes, EU court adviser says
Amazon (AMZN.O) should not pay 250 million euros ($268 million)in back taxes to Luxembourg as ordered by EU competition enforcers, an adviser to Europe’s top...
AstraZeneca signs $2 bln agreement with Quell to develop cell therapies
AstraZeneca (AZN.L) said on Friday it had signed an agreement with Quell Therapeutics potentially worth more than $2 billion to develop cell therapies that could...
Binance.US suspends US dollar deposits after crackdown by regulators
Crypto exchange Binance.US said on Thursday it is suspending US dollar deposits and that its banking partners are preparing to pause fiat dollar withdrawal channels...
Cyprus has a vision for the future, says president (Video)
President Nikos Christodoulides told a prestigious conference in London on Friday that his vision for Cyprus was for the island to be an attractive destination...
IMF says Lebanon needs urgent economic reforms to stop deepening crisis
Lebanon must take urgent action on comprehensive economic reforms to avoid “irreversible consequences” for its economy, the International Monetary Fund said on Thursday. IMF spokesperson...
Taiwan’s Acer ships computer hardware to Russia after saying it would suspend business
Taiwan-based computer manufacturer Acer (2353.TW) supplied at least $70.4 million worth of computer hardware to Russia between April 8, 2022 and March 31, 2023, according...
Swiss parliament greenlights investigation into Credit Suisse crash
Switzerland’s parliament has formally agreed to establish a parliamentary commission (PUK) to look into Credit Suisse’s (CSGN.S) collapse and rescue in a deal engineered by...
US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
Other US crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance,...
Eurozone slips into recession after German revision
The eurozone economy was in technical recession in the first three months of 2023, data from European statistics agency Eurostat showed on Thursday, after downward...
