International

Turkey’s central bank raised its key interest rate by a lofty 500 basis points to 30 per cent on Thursday, marking a second month of aggressive tightening after President Tayyip Erdogan ...

When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp (NWSA.O) Thursday, the announcement put to rest immediate questions about ...

Travel boom has delivered bumper earnings for US carriers, but no-frills airlines such as Frontier (ULCC.O) and Spirit (SAVE.N) are struggling to return to sustainable profitability. That has ...

Ryanair (RYA.I) said on Thursday it will cut 17 routes from its winter schedule at Dublin airport and move all 19 of its new Boeing 737 MAX planes to other European airports ...

US employers are bracing for the largest increase in health insurance costs in a decade next year, according forecasts from healthcare consultants, but workers may be somewhat spared this time ...

Jet engine maker CFM International said on Wednesday thousands of engine components may have been sold with forged paperwork by a British distributor, as the fallout from a probe into ...

Walt Disney (DIS.N) CEO Bob Iger told investors the company will “quiet the noise” in a culture war that has pitted social conservatives against the global media and entertainment ...

President Nikos Christodoulides on Thursday is set to meet with US and Chinese officials, as well as with the prime minister of Iraq and business leaders in New York. Christodoulides ...

The US Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the ...

The US Securities and Exchange Commission (SEC) on Tuesday charged Concord Management and its owner with failing to register with regulators while operating as an investment adviser to an unidentified ...

Volvo Cars (VOLCARb.ST) said on Tuesday that it will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker. “In a few ...

Hackers who breached casino giants MGM Resorts International (MGM.N) and Caesars Entertainment (CZR.O) in recent weeks also broke into the systems of three other companies in the manufacturing, ...

At factories in Japan’s industrial heartland, Toyota (7203.T) has turned to self-propelled assembly lines, massive die casting and even old-fashioned hand polishing as it aims to make up for ...

Societe Generale’s (SOGN.PA) much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy. As ...

President Nikos Christodoulides will meet on Tuesday with the President of the European Council to discuss efforts towards reviving Cyprus talks, while the issue will also be raised by UN ...

Deutsche Bank has partnered with Swiss crypto firm Taurus to provide custody services for institutional clients’ cryptocurrencies and tokenised assets, Taurus said in a statement on Thursday. The partnership means ...

Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) has told Turkish President Tayyip Erdogan it plans to invest $2 billion in Turkey. Michael Evans, president of Alibaba, made the comments in ...

President Nikos Christodoulides will participate on Monday, in New York, in the opening segment of the Sustainable Development Goals (SDG) Summit. The political forum on sustainable development takes place on ...

EU-backed scientists are making progress in efforts to give people with impaired motor functions more independence. By Michael Allen In 2009, a former US policeman named Richard Marsh suffered a severe ...

Taiwan’s TSMC (2330.TW), which is making an unprecedented push into chip manufacturing overseas, is taking an increasingly optimistic view of Japan as a production base, two industry sources said, ...

A group of writers including Pulitzer Prize winner Michael Chabon sued Meta Platforms (META.O) in San Francisco federal court on Tuesday, accusing the tech giant of misusing their works ...

When Dutch airline KLM launched adverts urging customers to “fly responsibly” and think about the environmental impact before booking a flight, it said it was showing its commitment to a ...

The European Union’s financial services chief said on Wednesday that a draft law to underpin a digital euro should not be rushed out ahead of European elections next June ...

Adobe (ADBE.O), IBM (IBM.N), Nvidia (NVDA.O) and five other firms have signed US President Joe Biden’s voluntary commitments governing artificial intelligence (AI), which require steps such ...