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 Scazzieri
On ...
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 court said on Thursday, ...
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 cure autoimmune diseases.
The agreement ...
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 as early as June 13, ...
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 for foreign investors.
He also ...
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 Julie Kozack told reporters that ...
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 to customs data seen by Reuters, after saying it would ...
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 Swiss authorities, ...
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, two of the world’s ...
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 revisions of growth in both the ...
Turkey’s lira weakened 0.8 per cent to a record low on Thursday, extending losses after a heavy selloff in the previous session that was seen as a sign of the ...
Zara owner Inditex (ITX.MC) said on Wednesday sales of its spring-summer collection jumped by 16 per cent over the past month, maintaining its strong run despite higher wage costs and ...
British retail sales growth slowed to a seven-month low in May as soaring food prices prompted shoppers to rein in spending on non-essential items and dashed hopes of a boost ...
Starbucks is revamping its strategy to lure Indians, including children, with smaller, cheaper beverages as it looks to expand in small towns amid a fierce challenge from domestic startups in ...
Reddit said on Tuesday it is laying off about 5 per cent of its workforce, or 90 employees, joining a list of technology companies that have been cutting jobs across corporate America.
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Oil fell for a second day on Wednesday as concerns over global economic headwinds deepened, erasing the price gains booked after top crude exporter Saudi Arabia’s surprise weekend pledge ...
British house prices dropped on an annual basis in May for the first time in 11 years, and pressure on prospective buyers from higher mortgage rates could deepen the downturn, mortgage ...
The International Air Transport Association (IATA) this week called for the implementation of consumer protection regulations in order to address the shared responsibility among all stakeholders when passengers face disruptions.
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The outlook for most major housing markets has improved slightly from three months ago despite high interest rates, according to Reuters polls of property analysts who were mostly split on ...
Subway is seeking big new franchisees in the United States in a push to revamp its ownership model, but low restaurant profits and outdated stores are making it a tough ...
Apple (AAPL.O) on Monday unveiled a costly augmented-reality headset called the Vision Pro in its riskiest bet since the introduction of the iPhone more than a decade ago, barging ...
Twitter’s new Chief Executive Officer Linda Yaccarino has begun her role at the social media company, she tweeted late on Monday, about a month after Elon Musk named her ...
Even as higher costs of borrowing continue to choke dealmaking, fund managers and bankers believe smaller UK-listed firms remain attractive to private equity players flush with unspent funds of nearly ...
Eurozone business activity was shored up last month by the bloc’s dominant services industry offsetting a deepening decline in the manufacturing sector, according to a survey which also showed ...