Oil prices edged higher on Friday but were on track for a weekly decline amid fears of sharp interest rate hikes that would slam global growth and hit fuel demand.
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The German subsidiary of Russian oil giant Rosneft (ROSN.MM) was placed under trusteeship on Friday, giving Germany’s federal regulator control of the PCK refinery in Schwedt, a key ...
Air Canada (AC.TO) on Thursday said it would buy electric planes for the first time with the acquisition of 30 battery-powered regional aircraft from Heart Aerospace, as more airlines turn ...
Adobe Inc will buy startup Figma for about $20 billion in its biggest deal, the Photoshop maker said on Thursday, bulking up on applications that support online collaboration amid a global ...
Africa-focused fintech firm Flutterwave said on Wednesday it has added Nigeria’s eNaira as a payment option for merchants, a move that could help boost adoption of the digital currency.
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One, a fintech company backed by Walmart Inc , will introduce checking accounts to thousands of Walmart employees and a small percentage of its online customers for beta testing in the ...
Savers held up two banks in Lebanon on Wednesday to demand access to their own deposits frozen in the country’s paralysed financial system, underlining desperation among citizens unable to ...
Oil fell on Thursday as expectations of weaker demand and a strong US dollar ahead of a potentially large interest rate increase outweighed supply concerns.
The International Energy Agency said ...
Software for the Ethereum blockchain has been overhauled, drastically reducing its energy usage, its inventor and co-founder tweeted on Thursday.
The new system will use 99.95 per cent less energy, according ...
Two seemingly armed and desperate Lebanese depositors held up banks on Wednesday to force access to their own money, which has been blocked during a national financial meltdown.
One woman ...
A rally that has the dollar on course for its best year since 1984 has further to run, traders and analysts say, suggesting more pain almost everywhere else as other currencies ...
British consumer price inflation fell for the first time in almost a year in August as a drop in fuel prices offered some unexpected – and probably brief – respite to households ...
By Clyde Russell
If Europe is serious about ending all imports of Russian crude oil and refined fuels by early next year, the key to success lies in Asia, and ...
Oil prices inched lower on Wednesday on concerns of another US Federal Reserve interest rate hike next week after consumer prices unexpectedly rose in August, outweighing support from a robust ...
The German government has sold off its 20 per cent stake in Lufthansa (LHAG.DE) acquired during the coronavirus pandemic, it said on Tuesday.
The state’s economic stabilisation fund (WSF), ...
Alphabet GOOGL.O unit Google on Wednesday suffered its second setback in less than a year as Europe’s top court agreed with EU antitrust regulators that it had abused ...
Alphabet unit Google (GOOGL.O) will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch ...
Auto parts supplier Aptiv Plc (APTV.N) said on Tuesday it would acquire a majority stake in a unit of Italy’ Intercable for 595 million euros ($605.71 million), allowing the US company ...
For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic.
The second-biggest cryptocurrency is taking market share from bitcoin ahead ...
Shares in Nintendo Co Ltd (7974.T) jumped 5 per cent on Tuesday after the Japanese gaming company reported record domestic launch sales for its shooter “Splatoon 3” on the Switch console.
The ...
The Federal Reserve will deliver another 75-basis-point interest rate hike next week and likely hold its policy rate steady for an extended period once it eventually peaks, according to a ...
Oil prices rose in volatile trade on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about lower demand in China, the world’s biggest crude ...
Britain’s unemployment rate fell to its lowest since 1974 at 3.6 per cent in the three months to July as more people left the labour market, according to official data on ...
International Air Transport Association (IATA) director general Willie Walsh this week said that international passenger demand was very satisfactory during July, especially when factoring in any lingering restrictions, as confirmed ...