International

Global rating agencies S&P and Fitch on Friday lowered Ukraine’s foreign currency ratings to selective default and restricted default as they consider the country’s debt restructuring ...

The total value of Cypriot bonds held by the European Central Bank (ECB) on its balance sheet stood at €4.29 billion after the public sector purchase programme (PSPP) had concluded in ...

By Ioannis Tirkides Inflation has been ramping up for about a year now and has reached levels last seen more than forty years ago, during the stagflation of the 1970s ...

The Reserve Bank of India on Wednesday issued detailed guidelines that will increase scrutiny and supervision over digital lending apps and lenders who engage with them, after several complaints of ...

BlackRock Inc (BLK.N), the world’s biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on ...

Russia is considering buying the currencies of “friendly” countries such as China, India and Turkey to hold in its National Wealth Fund (NWF), having lost the ability to buy dollars ...

Egypt’s cabinet has approved a plan to ration electricity to save natural gas that it will instead divert to the export market to generate foreign currency, it said on ...

Johnson & Johnson (JNJ.N) will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended US sales of a product ...

Oil prices inched higher on Friday, with benchmark contracts headed for a weekly climb as recession fears eased, though an uncertain demand outlook capped gains. Brent crude futures rose 23 cents, ...

The Turkish central bank’s net international reserves rose around $2.7 billion to $11.81 billion in the week to Aug. 5, rising to their highest level since late May, data from the central ...

The European Union said on Thursday it was “deeply concerned” about proposed tax credits for purchases of electric vehicles in the United States because they would be biased against foreign ...

San Francisco-based blockchain payments company Ripple Labs Inc, which is embroiled in a high-profile battle with the US securities regulator, is interested in potentially purchasing assets of bankrupt crypto lender ...

Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers, the securities watchdog said on Thursday, calling the ...

Wall Street surged on Wednesday, putting the Nasdaq more than 20 per cent above its June low, after US inflation slowed more than expected in July and raised hopes the Federal ...

Walt Disney Co (DIS.N) edged past Netflix Inc (NFLX.O) with a total of 221 million streaming customers and announced it will increase prices for customers who want to watch ...

Coca-Cola HBC AG (CCH.L) said on Thursday it incurred a one-time hit of 190 million euros ($195.36 million) in the first half due to costs related to its Russian business after ...

Oil prices drifted lower on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand. Brent ...

Expectations for activity in Britain’s housing market have dried up quickly thanks to a worsening economic outlook and rising interest rates, an industry survey showed on Thursday. The Royal ...

The automatic price indexation of public wages is relatively limited in the euro area, while public pensions are primarily automatically indexed, either fully or partially, to prices and wages, according ...

SoftBank Group Corp (9984.T) said on Wednesday it would book a gain of $34.1 billion by cutting its stake in Alibaba Group Holding (9988.HK), as the investment behemoth looks to shore ...

Malaysia Airlines is poised to announce a deal next Monday to acquire 20 Airbus (AIR.PA) A330neo wide-body jets, industry sources said on Wednesday. Chief Executive Izham Ismail said in ...

Australia’s central bank on Tuesday said it was launching a one-year research programme into the case for a central bank digital currency (CBDC) in Australia, focusing on what potential ...

The crypto exchange Nuri GmbH has filed for insolvency with a Berlin court, the company said in a statement on Tuesday, the latest in a string of failures to hit ...

Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the US dollar and cutting the risk of ...