International

Egypt will develop a new currency indicator partly to wean people off the idea that the Egyptian pound should be pegged to the US dollar, the new central bank governor ...

Saudi Arabia is in advanced negotiations to order almost 40 A350 jets from Europe’s Airbus (AIR.PA) as part of strategic efforts to launch a new airline and challenge heavyweight ...

Toyota (7203.T) is considering a reboot of its electric-car strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing ...

Abu Dhabi sovereign wealth fund ADQ has invested $125 million in the debut fund launched by Aliph Capital, the Middle East’s first female-led private equity firm. The investment announced by ...

Oil prices slid 2 per cent on Monday after Chinese data showed that demand from the world’s largest crude importer remained lacklustre in September as strict COVID-19 policies and fuel ...

The euro zone is likely entering a recession with business activity contracting at the fastest pace in nearly two years this month as the cost-of-living crisis keeps consumers cautious and ...

Israel’s Supreme Court on Sunday rejected petitions that would have held up a landmark US-brokered deal setting a maritime border with Lebanon, which Washington predicted could be finalised on ...

A public spat between the United States and Saudi Arabia will not deter top Wall Street executives and US business leaders from a flagship investment event starting on Tuesday where ...

The US government on Friday reported that its fiscal 2022 budget deficit plunged by half from a year earlier to $1.375 trillion, due to fading COVID-19 relief spending and record revenues fueled ...

South Africa’s financial watchdog has classified cryptocurrency assets as financial products, a notice in the government gazette said on Wednesday, enabling them to be regulated. In the brief notice, ...

A US judge in Texas ruled on Friday that people killed in two Boeing (BA.N) 737 MAX crashes are legally considered “crime victims,” a designation that will determine what remedies ...

US firms developing a new generation of small nuclear power plants to help cut carbon emissions have a big problem: only one company sells the fuel they need, and it’...

The concept of a flying car is not new – inventors have been trying to add wings to wheeled motor vehicles for decades, with only limited success. Jim Dukhovny, founder of ...

Some investors believe Treasury yields are close to peaking, even as markets continue pricing in more hawkishness from a Federal Reserve bent on taming the worst inflation in decades. It’...

Exxon Mobil Corp (XOM.N) shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top US oil producer’s ...

The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, along with the batteries and raw materials to support that ...

Egypt’s currency will weaken at a steeper pace than expected, although inflation is likely to decrease over the next few years, a Reuters poll showed. The Egyptian pound, trading ...

Pfizer Inc expects to roughly quadruple the price of its COVID-19 vaccine to about $110 to $130 per dose after the United States government’s current purchase program expires, Pfizer executive Angela ...

The International Air Transport Association (IATA) this week announced its upcoming world passenger symposium will focus on unlocking value creation by adopting a customer-first approach. The symposium, which is scheduled ...

Unexplained damage to the Nord Stream pipelines that run under the Baltic Sea have dashed hopes that Russian gas flow to Germany will resume anytime soon. Nord Stream 1 had been ...

Hyundai Motor Co (005380.KS), Korea’s top automaker, is investigating child labour violations in its US supply chain and plans to “sever ties” with Hyundai suppliers in Alabama found to ...

Elon Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc (TWTR.N), although he and other investors were overpaying for the social media company. Musk, ...

IBM Corp (IBM.N) beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue growth targets as robust demand for the company’s digital services helps ...

Britain’s political drama keeps getting more and more interesting. The abrupt resignation of Britain’s interior minister Suella Braverman, who criticised Liz Truss, reflects the continued erosion of the ...