International

Russia’s failure to pay $1.9 million in accrued interest on a dollar bond will trigger payouts potentially worth billions of dollars, a panel of investors determined on Wednesday, as the ...

As Greek restaurateurs gear up for the summer season, they are keeping a wary eye on the potentially damaging impact of inflation – amply illustrated by the soaring price of a ...

Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production. Brent crude was down $2.82, ...

Air travel restrictions imposed during the Covid-19 pandemic almost halved airport revenues in 2020, according to the annual Airport Economics Report and key performance indicators (KPIs) by Airports Council International (ACI) ...

A New York couple accused of laundering $4.5 billion in cryptocurrency tied to the 2016 hack of digital currency exchange Bitfinex are still negotiating a possible plea deal while reviewing more than 1.1 ...

Russia’s central bank said on Tuesday that the role of the dollar and the euro as global currencies would decline as central banks rethink their strategies after the West ...

Russian manufacturing activity expanded in May after three months of contraction and price pressures eased notably, but sanctions continued to dent client demand, a survey showed on Wednesday. The S&...

Some OPEC members are considering the idea of suspending Russia in an oil production deal as Western sanctions hurt the nation’s ability to produce more, the Wall Street Journal ...

Turkish state-owned energy importer BOTAS said on Wednesday it had raised natural gas prices for households, industry and electricity production, with the price for households raised by 30 per cent. Separately, ...

Refiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices and aggravating shortages from big consumers like the United States and Brazil to smaller countries ...

For Oleg Kechin, owner of a chain of barbershops, forecasts that Russia will be plunged into its deepest economic crisis in a generation feel overdone. US President Joe Biden may ...

Eurozone inflation rose to another record high in May, boosting government bond yields as markets saw the data as a challenge to the European Central Bank’s view that gradual ...

If you assumed crypto was just a young person’s game, think again. More people in the United States than ever before are turning to cryptocurrencies to help fund their ...

By Nicos Andronicou Never has the world needed sustainable action more vigorously than it does at the present moment. If the global pandemic taught us anything, it is that the ...

GSK (GSK.L) said on Tuesday it would pay up to $3.3 billion to acquire privately held biopharmaceutical firm Affinivax to bolster its vaccine pipeline, a key area of focus as ...

Turkey’s annual economic growth was 7.3 per cent in the first quarter, slightly more than expected data showed on Tuesday, driven by strong demand, manufacturing and exports even as fallout ...

Oil prices extended gains on Tuesday after the EU agreed to slash oil imports from Russia, fuelling worries of a tighter market already strained for supply amid rising demand ahead ...

British supermarket groups are set to enjoy a mini-boost to trade as Britons put aside their cost of living worries for a few days and prepare to celebrate Queen Elizabeth’...

The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars. ...

Russia’s invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship ...

Another 9 per cent plunge in Turkey’s lira this month and debt market danger gauges at levels last seen during the 2008 global crash have prompted investor concerns that a fresh ...

Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see whether the European Union would reach an agreement on banning Russian oil ...

US cinema stocks took off on Friday amid soaring expectations for the Memorial Day weekend debut of the sequel to the Tom Cruise blockbuster, “Top Gun”. Cinemark Holdings (CNK.N), ...

Russian businessman Andrey Melnichenko ceded ownership of two of the world’s largest coal and fertilizers companies to his wife the day before he was sanctioned by the European Union, ...