Britain’s economy grew by less than expected in July, with a fall in power production possibly reflecting the sharp climb in energy tariffs and the construction sector also hit ...
El Al Israel Airlines (ELAL.TA) plans to repay a $45 million loan that it took from the government during the COVID-19 pandemic by the end of the year, under a ...
European Central Bank policymakers see a rising risk that they will have to raise their key interest rate to 2 per cent or more to curb record-high inflation in the euro ...
Visa Inc (V.N), the world’s largest payments processor, said on Saturday it will implement a new merchant category code for US gun retailers, which will identify transactions at ...
The Turkish central bank’s foreign currency reserves are getting stronger as friendly countries are providing support, President Tayyip Erdogan said, broadcaster Haberturk reported on Friday.
The central bank’s ...
The United Arab Emirates’ tourism revenues were 19 billion dirhams ($5.17 billion) in the first half of 2022, its vice president said on Sunday in a tweet.
Numbers of hotel guests rose 42 per ...
Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major software upgrade that promises to slash the amount of energy needed to create ...
A scramble by US carriers to fill empty cockpits is fueling cost pressures just as mounting economic worries have cast a shadow on travel demand, sparking concerns about debt-laden airlines’ ...
The US ban on exports to China of Nvidia and AMD’s flagship artificial intelligence chips will create new business opportunities for domestic startups jockeying for a piece of China’...
BMW will power its new class of electric vehicles to be released in 2025 with cylindrical battery cells made in six factories by partners including China’s CATL and EVE Energy ...
The Cyprus Chamber of Commerce & Industry (Keve) this week said that Eurochambers, the association of European chambers of commerce, has requested immediate support measures for businesses against the rising ...
By Ioannis Tirkides
In a previous article, we published in these pages, titled, ‘A new era of monetary policy is just beginning’, we discussed the changing monetary landscape in the ...
Member firms of Ernst & Young (EY) in the Greater China region will not participate in a global plan by the professional services firm to split its audit and consulting ...
Bitcoin surged past the $20,000 barrier and was potentially heading for its best day in six months on Friday as the US dollar fell broadly and markets found reasons to be ...
The Bank of England on Friday postponed next week’s interest rate decision following the death of Queen Elizabeth, its first delay to a monetary policy meeting since the central ...
Nearly 12 months ago, Turkey’s central bank embarked on a rate-cutting cycle in the face of soaring inflation, defying traditional monetary policy and running against a global trend of rising ...
The euro rose back above parity to a two-week high against the dollar on Friday following a large rate hike and hawkish comments from the European Central Bank, while a ...
Oil prices rose on Friday as investors considered Russia’s threat to halt oil and gas exports to some buyers, but crude was set for a second weekly decline as ...
Bitcoin surged past the $20,000 barrier and was eyeing its best day in six weeks on Friday as the US dollar fell broadly and markets found reasons to be cheerful at ...
Ernst & Young (EY) said on Thursday it was planning to split its audit and consulting units into two companies, as the professional services firm looks to ease regulatory concerns ...
Germany’s economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce its dependency on Asia’s economic superpower, two ...
A year after El Salvador adopted bitcoin as legal tender, the area where the world’s first cryptocurrency city was meant to be built – a circular metropolis powered by a ...
Tesla (TSLA.O) sold 76,965 Chinese-made vehicles in August, nearly triple its sales from a month ago, as it quickened deliveries after ramping up output at its Shanghai plant.
The US ...
Sterling’s slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards that ends in a collapse in confidence in British assets ...