International

After months of negotiations, Finland’s Nokian Tyres (TYRES.HE) was on the cusp late last year of finalising a 400-million-euro ($440.32 million) sale of its Russian business. Then Moscow changed ...

Russian designers and brands are helping the retail sector gradually recover from a turbulent 15 months of store closures and slumping demand, with new labels plugging the gap left by foreign ...

Hundreds of Credit Suisse (CSGN.S)’s employees are resigning each week in a sign of uncertainty gripping the lender while it is being taken over by rival UBS (UBSG....

The US dollar rose strongly on Wednesday to a more than two-month high after data showed European inflation is cooling quicker than expected and China’s recovery is sputtering. The ...

The euro zone’s top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or otherwise ran into trouble, the ...

The Turkish economy is in a difficult situation, with record levels of foreign currency sales to support the Turkish lira, which no longer accurately reflects the economy, according to professor ...

Bitcoin prices on the Australian arm of Binance, the world’s largest crypto-currency exchange, were at a 20 per cent discount to rival exchanges on Tuesday, in a sign customers were ...

Oil fell by nearly 2 per cent on Tuesday as concerns about the US debt ceiling pact cooled the market’s risk-on sentiment and mixed messages from major producers clouded the ...

Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia Corp (NVDA.O) CEO Jensen Huang said on ...

The top policymaker picks of Turkey’s re-elected president Tayyip Erdogan are taking centre stage as markets try to gauge whether he will change course towards economic orthodoxy or double ...

Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as a US monetary policymaker, he worries even more about inflation. “I think if I had ...

Nvidia Corp (NVDA.O) said on Monday it was building Israel’s most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications. Nvidia, the world’s ...

Boeing Co (BA.N) is working on a deal to sell at least 150 737 Max jetliners to Saudi Arabian startup Riyadh Air, Bloomberg News reported on Sunday. The new carrier, wholly ...

By Maria Demertzis In its spring 2023 inflation forecasts, issued on May 15, the European Commission predicted that euro-area inflation this year will be 5.8 per cent, a little higher than anticipated in ...

Twitter cannot run away from its obligations even after quitting a voluntary EU code of practice to tackle disinformation, EU industry chief Thierry Breton warned the company late on Friday. ...

Poland plans to raise the minimum wage twice in 2024 to help people cope with high inflation, Family and Social Policy Minister Marlena Malag said, as the ruling Law and Justice (...

As medical centres increasingly come under attack from hackers, Europe is bolstering protection. By Tom Cassauwers Amid the Covid-19 pandemic in early 2021, the Irish healthcare system’s computers were breached ...

Nvidia Corp (NVDA.O) on Wednesday forecast second-quarter revenue more than 50 per cent above Wall Street estimates, and said it is boosting supply to meet surging demand for its artificial-intelligence ...

Unions representing teachers, truck drivers and other workers who will be headed soon to the bargaining table turned out in downtown Los Angeles on Friday to support Hollywood’s striking ...

Britain’s departure from the European Union has accounted for about a third of the increase in food bills for households since 2019, equivalent to about 250 pounds ($316), researchers from the London ...

The Turkish central bank’s net forex reserves dropped into negative territory for the first time since 2002, standing at $-151.3 million on May 19, official data showed on Thursday, as it ...

The Turkish lira weakened to a record low of 20 against the dollar on Friday, ahead of this weekend’s presidential election runoff which will decide whether President Tayyip Erdogan extends ...

As the United States stares at the risk of a credit downgrade, former Standard & Poor’s officials stood firm behind their seminal 2011 call to slash the country’s rating ...

Brussels has agreed with Pfizer (PFE.N) and BioNTech (22UAy.DE) to amend a COVID-19 vaccine contract, cutting the number the EU must buy and pushing the delivery deadline to 2026, ...