International

Aluminium makers are set to boost low-carbon metal output by 10 per cent in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking climate-friendly ...

Intel Corp (INTC.O) has backed away from its original target of opening a chip factory in the eastern German city of Magdeburg in the first half of 2023, regional newspaper ...

Twitter on Sunday said that it will remove accounts created solely for the purpose of promoting other social platforms and content that contains links or usernames. The move would impact ...

Organisations are looking to expand their industry ecosystems as the next phase of digital transformation, technology sector analysts International Data Corporation (IDC) said this week predicting the future of the ...

The International Monetary Fund (IMF) executive board has approved a 46-month $3 billion financial support package for Egypt, saying it will catalyse additional funding of about $14 billion, the fund said in ...

Like many economists, Vanguard’s Joe Davis thinks the United States will experience a recession in 2023, and like many of his colleagues he does not think it will be a ...

Bitvavo, a Dutch cryptocurrency exchange, said on Friday it has 280 million euros ($296.30 million) locked at Digital Currency Group (DCG), a US-based company. “DCG is currently experiencing liquidity problems … As a ...

The average price for Russia’s Urals oil blend was $57.49 per barrel between Nov. 15 and Dec. 14, Russia’s Finance Ministry said late on Thursday, below the Western cap of $60. That ...

Coal has made a comeback in Germany this year, as Europe’s largest economy turns to the dirty fuel to power it through an energy crisis. More than a third (36.3 ...

A group of media companies is set to argue on Friday to the US judge overseeing the FTX bankruptcy that they should be allowed to request that the collapsed crypto ...

Oil fell on Friday as the market assessed the aftermath of interest rates hikes at central banks, but was poised for the biggest weekly gains in 10 weeks amid supply disruption ...

Twitter on Thursday suspended the accounts of several prominent journalists who recently wrote about its new owner Elon Musk, with the billionaire tweeting that rules banning the publishing of personal ...

The Turkish central bank’s net international reserves leapt some $3.6 billion to $26.76 billion in the week to Dec. 9, hitting their highest level this year, central bank data showed on Thursday. ...

Some investors believe an expected recession will force the Federal Reserve to loosen monetary policy next year, even as the central bank projects it will raise rates higher than it ...

Microsoft Corp (MSFT.O) said on Thursday its European Union cloud customers will be able to process and store parts of their data in the region from Jan. 1. The phased ...

Germany’s top regulator this week called for global regulation of the cryptocurrency industry to protect consumers, prevent money laundering and preserve financial stability. Mark Branson, the president of Germany’...

Oil prices dipped in Asian trade on Thursday as the dollar firmed, while the possibility of further interest rate hikes from global central banks also heightened demand concerns. Brent crude ...

President Vladimir Putin said on Thursday that Russia would expand trade cooperation with new partners, including by sharply increasing gas exports to China, to combat Western sanctions. When spending on ...

The European Central Bank raised interest rates for the fourth time in a row on Thursday, although by less than at its last two meetings, pledged further hikes and laid ...

A ninth interest rate hike in a row by the Bank of England looks to be a foregone conclusion on Thursday and investors will be looking for clues on how ...

As a turbulent 2022 draws to a close, British companies are fastening their seat belts as bankers and investors anticipate a surge in takeover activity because of the depressed pound and ...

Barclays (BARC.L) is exploring a return to Saudi Arabia in a bid to capture a slice of the country’s burgeoning capital markets, two people close to the matter ...

Some of the banks that lent Elon Musk $13 billion to buy Twitter are preparing to book losses on the loans this quarter, but they are likely to do so in ...

Germany’s recession will be milder than expected, with the economy expected to contract by 0.1 per cent in 2023 compared to a previous forecast of shrinking by 0.3 per cent, the Ifo ...