The euro briefly fell back below parity against a robust dollar on Monday and was languishing at five-week lows, weighed down by concern that a three-day halt to European gas ...
Germany’s football body has appointed Deutsche Bank AG (DBKGn.DE) to lead the possible sale of a package of media rights, Bloomberg News reported on Monday, citing people familiar ...
French supermarket retailer Carrefour (CARR.PA) said it would freeze the prices on 100 of its products, in order to help French people tackle soaring inflation in the country.
Carrefour’s ...
Britain’s Vodafone (VOD.L) will sell its Hungarian business for 715 billion forints ($1.8 billion) in cash, it said on Monday, in a deal that will create a locally-owned telecoms leader ...
Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive US interest rate hikes will weaken the global economy and dent fuel demand while a ...
Qantas Airways Ltd (QAN.AX) will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers to apologise for a rise in delays, cancellations, lost baggage and staffing ...
Production in Turkey’s automotive sector jumped 37.4 per cent year-on-year in July to 93,659 vehicles, with exports climbing 16.2 per cent to 59,596, the Automotive Manufacturers Association (OSD) said on Monday.
Automotive production ...
Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade ...
European budget carrier Wizz Air (WIZZ.L) has suspended plans to resume flights from the Russian capital of Moscow to Abu Dhabi in the United Arab Emirates, amid mounting criticism ...
Volkswagen’s (VOWG_p.DE) sportscar brand Porsche expects to produce as many units of its Macan model in the electric version as the original with a combustion engine, production ...
Most major Gulf stock markets fell on Sunday amid fears of a potential global recession and volatile oil prices, but Egypt continued to rise after its central bank kept its ...
Turkey’s central bank unveiled new measures on Saturday meant to address credit availability including higher reserve requirement collateral for lenders, days after it shocked markets with a 100 basis-point interest ...
Russia held its spot as China’s top oil supplier for a third month in July, data showed on Saturday, as independent refiners stepped up purchases of discounted supplies while ...
Digital-first business leaders are planning to generate at least 50 per cent of their revenue from digital products, services and experiences by 2027, according to a study by market research company International ...
Transportation Secretary Pete Buttigieg has urged the 10 largest US airlines to do more to help stranded and delayed passengers, calling the level of disruption travellers have faced this summer as “...
General Motors Co (GM.N) said on Friday it would reinstate quarterly dividend payouts, suggesting the automaker was confident it was past the worst risks from the pandemic and the ...
Australian swimmer Jessica Smith has had an uneasy relationship with prosthetics since a childhood accident, but her convictions are being challenged by a British bionic hand that can be updated ...
Russia’s state communications regulator said on Friday it was taking punitive measures against five foreign IT companies for violating online content laws, which could require search engines to include ...
By Theodoros Pelagidis
In September 2021 the undersigned, diagnosed that inflation will not transitory, that it will be more persistent, higher and longer lasting, showing evidence of entrenchment since then. In ...
Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low.
The reason for the drop was not immediately clear.
Bitcoin fell as much as 7.7 per cent ...
Britain’s financial watchdog has told firms offering ‘buy now, pay later’ loans to spell out the cost of late repayments to customers as the UK cost-of-living crisis intensifies.
Companies ...
Russia has charged up to third place in a list of countries outside mainland China using the yuan for global payments, highlighting how it is being affected by Western sanctions.
...
Oil prices slipped on Friday after two days of gains, as market participants weighed worries about a global economic slowdown, which would dampen fuel demand, against expectations of tighter supplies ...
The Turkish lira was steady against the US dollar on Friday after nearing record lows in the previous session as Turkey’s central bank shocked markets by cutting its main ...