International

Russia to cut oil output by around 5 per cent in March Brent rises 2.5 per cent on the news West introduced price caps on Russian oil over Ukraine Russia banned deals ...

The chief executive of JPMorgan Chase & Co. (JPM.N), the biggest US bank, cautioned against declaring victory against inflation too early, warning the Federal Reserve could raise interest rates ...

Airbus (AIR.PA) laid down the law to its stretched supply chain on Wednesday, with a senior US executive reminding contractors to meet timing and quality targets and recommending that ...

Unilever Plc (ULVR.L) said on Thursday it would continue to raise prices for its detergents, soaps and packaged food to offset rising input costs, and ease up those hikes ...

Alphabet Inc (GOOGL.O) lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding ...

Egypt plans to sell stakes in at least 32 companies by the end of March 2024, Prime Minister Moustafa Madbouly said on Wednesday, dusting off plans that have largely lain dormant for ...

Access to Twitter in Turkey has been restored, the Netblocks internet observatory said on Thursday, following talks between the company and Turkish authorities about content posted after a major earthquake ...

Ratings agency Moody’s lowered Egypt’s sovereign rating by one notch to B3 from B2 on Tuesday, citing the country’s reduced external buffers and shock absorption capacity. The ...

Following are reactions from analysts and investors to US President Joe Biden’s State of the Union speech on Tuesday, in which he challenged Republicans to lift the debt ceiling ...

Grocery costs seen rising further in 2023 -executives, analysts Input costs exacerbated by Ukraine war Retailers seeking to pass on high raw material costs Unilever, Nestle, Danone to report results this ...

Russian state oil revenues fall 40 per cent on sanctions Tanker owners post record profits, traders and bankers say India, China get cheaper oil Western sanctions on Russia have significantly reduced ...

Shares of Japan’s Nintendo Co Ltd (7974.T) and SoftBank Group Corp (9984.T) and Sharp Corp (6753.T) fell steeply on Wednesday, after the companies jolted investors with disappointing results, emphasising ...

Retail investors are piling into small-cap firms that employ artificial intelligence amid intensifying competition between tech titans Google parent Alphabet and Microsoft to secure leadership in the next big driver ...

North Korea stole more cryptocurrency assets in 2022 than in any other year and targeted the networks of foreign aerospace and defense companies, according to a currently confidential United Nations report ...

German industrial production fell more than expected in December, driven by a plunge in output from energy-intensive sectors, the federal statistics office said on Tuesday. Industrial production decreased by 3.1 per ...

Have bitcoin and ether finally turned a corner? It’s looking that way, if crypto options traders are anything to go by. The volume of bitcoin options traded on Deribit, ...

BP (BP.L) on Tuesday reported a record profit of $28 billion for 2022, lifted by the surge in energy prices since Russia’s invasion of Ukraine, while boosting its dividend in ...

Hermes International SCA (HRMS.PA) urged a US jury on Monday to find that a creator of non-fungible tokens violated its trademark for Birkin bags, while lawyers for the “MetaBirkins” ...

Britain is likely to spend 69 billion pounds ($82.95 billion) on schemes to protect households and business from soaring electricity costs, half of the original estimate, a UK spending watchdog said, as ...

Armed with the world’s largest reserves of nickel and a ban on the export of nickel ore, Indonesia is making itself indispensable for the electric vehicle industry, which uses ...

Inflation in the euro area remains far too high so the risk of the European Central Bank not raising interest rates high enough is still a bigger than that of ...

Wild swings in global currencies hammered corporate earnings in the past year, and while forex markets have gotten less choppy, some companies are seeking ways to guard profits and lower ...

Nissan (7201.T) and Renault (RENA.PA) on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15 per cent in ...

Proposals to reimburse hundreds of millions of pounds to scam victims in Britain are “fundamentally flawed” and are taking too long to come into force, lawmakers said in a report ...