International

Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter. The power-hungry companies that pump new bitcoin into circulation have been thrown a lifeline by ...

Ernst & Young’s US arm said on Monday it was shedding 5 per cent of its workforce, less than a week after the unit’s objection torpedoed the global accounting ...

UBS (UBSG.S) on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credit Suisse (CSGN.S). UBS said it will use some ...

Deposits at three financial institutions fell in the first quarter as the industry’s biggest crisis in more than a decade prompted a flight of funds, with customers seeking better ...

Britain’s unemployment rate rose unexpectedly in the three months to February but pay growth stayed higher than forecast, highlighting the dilemma for the Bank of England (BoE) as it ...

French carmaker Renault (RENA.PA) is reviewing its pricing policies of electric cars worldwide to ensure it stays competitive after a wave of price cuts by US rival Tesla Inc (...

In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained it was too noisy, recounts Andrea Modena, head of Ferrari’s classic car division. It was either her or ...

Workers from Tesla’s (TSLA.O) Shanghai factory have taken the unusual step of posting on social media to appeal to Elon Musk and the Chinese public after being told ...

Israel’s finance minister on Sunday said Moody’s decision to cut the outlook for Israel’s sovereign credit rating was “not a big drama” and reiterated his stance that ...

Banks in the Middle East and Central Asia have very limited exposure to last month’s banking turmoil in the United States and Europe, but financial pressures are adding to ...

Switzerland’s tradition of dependable consensus politics has taken a battering after the government used an emergency law to push through a state-backed mega-merger of UBS (UBSG.S) and Credit ...

Sales at Birkin bag maker Hermes (HRMS.PA) rose 23 per cent in the first quarter, above market expectations, as wealthy shoppers in China and Europe splurged on luxury fashion and ...

Tesla Inc (TSLA.O) on Friday slashed prices for its electric vehicles in Europe, Israel and Singapore, expanding a global discount drive it began in China in January while raising ...

Boeing Co’s (BA.N) shares fell 6 per cent in premarket trading on Friday after the US planemaker halted deliveries of some 737 MAXs due to a new supplier quality problem ...

Japan on Friday approved a plan to build the country’s first casino in the western city of Osaka, paving the way for a 1.8 trillion yen ($13.5 billion) resort set to ...

Trading and investing platform eToro said on Thursday it has partnered with Elon Musk-led Twitter to let users access real-time prices of cryptocurrencies, stocks and other assets, and to enable ...

The European Central Bank should speed up the reduction of its balance sheet and could stop reinvesting cash from debt maturing in its largest bond buying scheme to complement further ...

Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at ...

Following the Bank of Japan’s launch this month of a pilot programme to test the use of a digital yen, the Ministry of Finance plans to convene a meeting ...

DP Eurasia (DPEU.L), which runs the Domino’s Pizza brand in Turkey and Russia, said on Wednesday it was weighing options for its Russian business after reporting a rise ...

Turkey’s central bank has been urging banks in recent weeks to avoid steps that could create demand for foreign currency as May elections loom, and to instead focus on ...

Ukraine’s gross domestic product (GDP) fell by 29.1 per cent in 2022 as Russia’s full-scale invasion battered the economy, the state statistics service said late on Wednesday. The final 2022 GDP ...

Britain’s biggest retailer Tesco (TSCO.L) forecast flat profit in its new financial year, stemming the 6.3 per cent decline from 2022/23 when soaring inflation battered customers and suppliers alike. With ...

European Central Bank policymakers are converging on a 25 basis point interest rate hike in May, even if other options remain on the table and the debate is not yet settled, ...