International

The DeFi dream is shaken. And stirred. The grand crypto project has declined in 2022: total user funds deposited in decentralized finance has shrunk to about $61 billion from over $170 billion at ...

Apple Inc (AAPL.O) plans to start making the iPhone 14 in India about two months after its release out of China, in a move that will narrow the gap from ...

It was meant to be Europe’s stellar year. A post-pandemic spending euphoria, supported by copious government spending was set to drive the economy and help fatigued households regain a ...

A clutch of stocks favored by retail traders tumbled on Monday in volatile trading as news that UK-based Cineworld (CINE.L) warned of a possible bankruptcy sent AMC Entertainment Holdings’ ...

A windfall of foreign funds arriving in Turkey and sustained interest in a state-backed deposit scheme have brought some relief for President Tayyip Erdogan’s economic plan less than a ...

Zoom Video Communications Inc (ZM.O) on Monday cut its annual profit and revenue forecasts as demand for the video-conferencing platform cools off from pandemic highs amid stiff competition from ...

Oil rose on Tuesday as renewed concerns over tight supply dominated market sentiment after Saudi Arabia warned that the major oil producer could cut output to correct a recent oil ...

The Bank of Israel raised its benchmark interest rate on Monday (ILINR=ECI) by three-quarters of a percentage point, its biggest hike in two decades, and appeared on track for ...

Turkey’s foreign visitors jumped 53 per cent in July from a year earlier, exceeding pre-pandemic levels and paving the way for $37 billion in tourism revenues sought by the government in ...

Banking giants such as JPMorgan Chase & Co (JPM.N) and Bank of America (BAC.N) collectively face more than $1 billion in regulatory fines for employees’ use of unapproved messaging ...

Australia said on Monday it would do a virtual stocktake of the country’s cryptocurrency holdings, the first signal from the new centre-left government that it plans to regulate the $1 ...

Britain’s Cineworld (CINE.L) said on Monday it was considering options including a possible bankruptcy filing in the United States as the world’s second-largest cinema chain operator struggles ...

The euro briefly fell back below parity against a robust dollar on Monday and was languishing at five-week lows, weighed down by concern that a three-day halt to European gas ...

Germany’s football body has appointed Deutsche Bank AG (DBKGn.DE) to lead the possible sale of a package of media rights, Bloomberg News reported on Monday, citing people familiar ...

French supermarket retailer Carrefour (CARR.PA) said it would freeze the prices on 100 of its products, in order to help French people tackle soaring inflation in the country. Carrefour’s ...

Britain’s Vodafone (VOD.L) will sell its Hungarian business for 715 billion forints ($1.8 billion) in cash, it said on Monday, in a deal that will create a locally-owned telecoms leader ...

Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive US interest rate hikes will weaken the global economy and dent fuel demand while a ...

Qantas Airways Ltd (QAN.AX) will offer A$50 ($34) vouchers, loyalty status extensions and lounge passes to frequent flyers to apologise for a rise in delays, cancellations, lost baggage and staffing ...

Production in Turkey’s automotive sector jumped 37.4 per cent year-on-year in July to 93,659 vehicles, with exports climbing 16.2 per cent to 59,596, the Automotive Manufacturers Association (OSD) said on Monday. Automotive production ...

Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade ...

European budget carrier Wizz Air (WIZZ.L) has suspended plans to resume flights from the Russian capital of Moscow to Abu Dhabi in the United Arab Emirates, amid mounting criticism ...

Volkswagen’s (VOWG_p.DE) sportscar brand Porsche expects to produce as many units of its Macan model in the electric version as the original with a combustion engine, production ...

Most major Gulf stock markets fell on Sunday amid fears of a potential global recession and volatile oil prices, but Egypt continued to rise after its central bank kept its ...

Turkey’s central bank unveiled new measures on Saturday meant to address credit availability including higher reserve requirement collateral for lenders, days after it shocked markets with a 100 basis-point interest ...