International

By Maria Demertzis The last time the euro was at parity with the dollar was 20 years ago in November 2002. The current situation of an almost one-to-one exchange is therefore an ...

Brazilian brokerage XP Inc (XP.O) expects to open its digital assets trading platform to clients by mid-August, initially offering bitcoin and ether but with plans to expand it by ...

Thailand’s Securities and Exchange Commission said on Monday it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex temporarily suspended ...

Vodafone (VOD.L) reported a drop in service revenue in its largest market Germany in the first quarter, reflecting broadband and TV losses after a new law ended automatic renewals ...

KPMG was fined 14.4 million pounds ($17.27 million) on Monday after the accounting firm admitted to providing false and misleading information to its regulator during spot checks on audits of construction firm ...

Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in US interest rates would weaken fuel demand. Brent crude futures for September settlement ...

Production in Turkey’s automotive sector jumped 26.3 per cent year-on-year in June to 135,424 vehicles, with exports climbing 22.9 per cent to 86,623, the Automotive Manufacturers Association (OSD) said on Monday. Automotive production ...

Ryanair (RYA.I) on Monday said a return to pre-COVID levels of profitability this year was not certain even as it topped first-quarter estimates in what Chief Executive Michael O’...

Credit Suisse (CSGN.S) is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung reported, citing senior sources. “The ...

Herbert Diess took over at Volkswagen AG (VOWG_p.DE) four years ago when the German automaker was in crisis, under pressure to make dramatic changes in strategy and culture, ...

The US Securities and Exchange Commission (SEC) is working to get some cryptolending companies properly registered if they operate more as investment firms, the head of the Wall Street regulator ...

A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving cryptocurrency, US prosecutors in Manhattan said on ...

French oil major TotalEnergies TTEF.PA and shipping giant CMA CGM announced further measures to cut prices on Friday, following government pressure for companies to do more to help consumers ...

German gas importer Uniper UN01.DE, its Finnish parent Fortum FORTUM.HE and their governments have agreed in principle on the terms of a bailout after Uniper was hit by ...

The French government on Thursday urged companies whose profits have surged during the inflation crisis to do more to help households cope as it faces pressure from lawmakers for a “...

Gas rationing in Germany would impact the metal production and processing, chemical and paper industries most severely, according to a study on Thursday, amid heightened uncertainty over Russian supply via ...

Ukraine’s central bank devalued the hryvnia currency by 25% against the U.S. dollar on Thursday to help the country cope with the growing economic impact of the war with ...

The Belarusian finance ministry said Western sanctions that have limited Minsk’s ability to deal in foreign currencies are pushing the country into default despite Minsk being able to service ...

Thanks to the renewables’ boom, the limiting factor of the energy revolution is not power supply as much as power storage these days. Cleaner, greener batteries are needed to charge ...

British consumer price inflation surged again in June to hit an annual rate of 9.4%, the highest rate since early 1982, according to official figures that underline the chances of a bigger ...

SAS SAS.ST and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 ...

UK grocery inflation hit 9.9% in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annual bills amid a worsening cost of living crisis, industry data showed on Tuesday. Market researcher ...

Embria, a Cyprus-based venture builder firm that founds, funds and grows its own startups from the ground up, earlier this month announced that it has sold its stake in Finnish ...

The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the path for higher rates beyond Thursday ...