International

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, ...

Russia will prepare a settlement mechanism before June payouts that will allow it to service its dollar-denominated foreign debt, Finance Minister Anton Siluanov said in a TV interview aired on ...

Germany’s Economy Ministry has refused to provide carmaker Volkswagen (VOWG_p.DE) with guarantees to cover new investments in China because of concerns over human rights violations in the ...

Financial inclusion levels in Mexico have worsened since 2018, official statistics show, despite a burst of financial startups hoping to ‘bank the unbanked’. Mexicans with at least one financial product last ...

Cryptocurrency firms, many of which lined the main street in Davos this week, were told they will need to clean up their act before gaining complete acceptance from the World ...

Sony Group Corp (6758.T) said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease and signalled a radical broadening of its games portfolio including ...

Russia is considering allowing cryptocurrency to be used for international payments, Interfax news agency quoted a government official as saying on Friday. “The idea of using digital currencies in transactions ...

Developers behind failed stablecoin TerraUSD have voted to abandon the token in favor of creating a new blockchain and digital asset weeks after the cryptocurrency collapsed, according to a tweet ...

By Maria Demertzis Did you know that 70 per cent of online shopping trips end in failure in the sense that shoppers fill their digital baskets and then abandon them? According ...

Russia is on the cusp of a unique kind of debt crisis which investors say would be a first time a major emerging market economy is pushed into a bond ...