US crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim in the cryptocurrency sector to wilt under a dramatic plunge in prices.
New ...
The euro’s tumble below $1 for the first time in two decades puts it on course for one of the worst years in its history, especially if the energy price ...
Deutsche Telekom (DTEGn.DE) has agreed to sell 51 per cent of its towers business to a consortium of Canada’s Brookfield and US private equity firm DigitalBridge after they placed ...
Oil prices fell on Thursday as investors weighed tight supplies against the prospect of a large US rate hike that could stem inflation and curb crude demand.
Brent crude futures ...
Europe’s single currency has dropped below parity against the dollar for the first time in almost 20 years, battered by growing recession fears in the euro area.
On Wednesday, it ...
A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products.
All that suddenly changed over ...
The dollar surged to a 20-year high against a basket of currencies and the euro broke below parity against the greenback after data on Wednesday showed US consumer price inflation ...
The European Union’s body for dismantling failed banks said on Wednesday it would ratchet up pressure on lenders over the coming months to bolster their defences so that none ...
Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a US supply report showing rising inventories ...
The euro was hovering just above parity with the US dollar on Wednesday while traders focused on US data due later in the session that is expected to show inflation ...
Egypt’s fuel pricing committee in a quarterly review on Wednesday raised domestic fuel prices by 0.50 Egyptian pounds for 80-octane, 92 octane petrol, and diesel while 95-octane petrol was raised by 1 ...
The Cyprus University of Technology (Tepak) earlier this week entered into a partnership agreement with software company SoftOne Cyprus.
The partnership was ratified through the signing of a memorandum of ...
The Financial Stability Board (FSB) said on Monday it would propose “robust” global rules for cryptocurrencies in October, following recent turmoil in markets that has highlighted the need to regulate ...
The euro bounced from near-parity versus the dollar on Tuesday and pushed into positive territory in volatile London trading.
Against the greenback, the euro rose 0.2 per cent to $1.0057 after falling 0.4 ...
The shrimps of the crypto world have joined the whales in a glorious last stand to banish the bleak bitcoin winter.
These two contrasting groups are both HODLers – investors in ...
The global price of oil could surge by 40 per cent to around $140 per barrel if a proposed price cap on Russian oil is not adopted, along with sanction exemptions that ...
African countries’ debts with China are a third of what they owe non-Chinese private lenders, while interest rates are just over half, according to a report published on Monday amid ...
A federal judge said Subway can be sued for allegedly deceiving customers about its tuna products, including a claim it uses other fish species, chicken, pork and cattle instead of ...
Farmers in Russia’s southern Rostov region, one of the largest grain producing and exporting areas of the country, are seeing high wheat yields as harvesting gets underway, growers and ...
The world’s largest crypto exchange, Binance, continued to process trades by clients in Iran despite US sanctions and a company ban on doing business there, a Reuters investigation has ...
Europe’s Airbus (AIR.PA) has revised up its forecast for jet deliveries over the next 20 years as soaring fuel bills prompt airlines to seek new, more fuel-efficient planes.
Despite ...
The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo planned maintenance from Monday, prompting concerns about gas supplies to Europe if the outage is extended.
Russian ...
Global rules would allow central bank digital currencies to operate smoothly cross-border and speed up wholesale payments, a think tank backed by the City of London Corporation said on Friday.
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GlobalFoundries Inc (GFS.O) and STMicroelectronics will announce on Monday plans to build a semiconductor factory in France for an investment of nearly 4 billion euros, as part of Europe’s ...