International

Turkey’s current account deficit is expected to rise to $32 billion or 4.0 per cent of GDP this year, more than the 2.5 per cent previously forecast, Goldman Sachs said, citing rising ...

Britons cut back on their shopping in February and consumer confidence levels tumbled this month as accelerating inflation cast a shadow over the world’s fifth-biggest economy, data released on ...

Nearly a year after COVID vaccines became freely available in the US., one fourth of American adults remain unvaccinated, and a picture of the economic cost of vaccine hesitancy is ...

Russia’s invasion of Ukraine on Feb. 24 sparked sweeping sanctions that ripped the country out of the global financial fabric and sent its economy reeling. A month on, Russia’s ...

By Ioannis Tirkides The war in Ukraine and the sanctions will have profound effects on the Russian economy itself, will cause a geopolitical shift, and will certainly have serious macroeconomic ...

China’s state-run Sinopec Group has suspended talks for a major petrochemical investment and a gas marketing venture in Russia, sources told Reuters, heeding a government call for caution as ...

HSBC (HSBA.L) is shunning prospective Russian clients and declining credit to some existing ones, two sources with knowledge of the matter told Reuters, as the bank seeks to shield ...

European Union countries are likely to agree to allow millions of Ukrainian refugees to exchange their currency, the hryvnia, into currencies used in the EU over the next three months ...

Global banks including Citigroup Inc (C.N), JPMorgan Chase & Co (JPM.N) and Societe Generale (SOGN.PA) face pressure to commit to remaining as custodian banks in Russia, as ...

Crude prices slid nearly 2 per cent on Thursday after the European Union (EU) did not agree on a plan to boycott Russian oil and as the United States and its ...

Britain sanctioned another wave of Russia’s banks, critical industries and a host of members of its elite on Thursday, including Gazprombank, Alfa Bank, and a woman they said was ...

Russian President Vladimir Putin on Wednesday said the world’s largest natural gas producer would soon require “unfriendly” countries to pay for their fuel in Russia’s currency, the rouble. ...

Russia’s stocks jumped on Thursday, the first day of trading in almost a month in the wake of its troops entering Ukraine, with gains in commodity stocks offset by ...

Russia plans to resume some stock trading on Thursday after a near month-long hiatus, with 33 rouble securities to be traded on the Moscow Exchange. Non-residents will have to wait, though – ...

Oil prices rose in volatile trading on Wednesday, supported by disruption of Russian and Kazakh crude exports via the CPC pipeline. Brent crude futures were up $3.13, or 2.7 per cent, at $118.61 ...

Sky-high fertilizer prices have farmers worldwide scaling back its use and reducing the amount of land they’re planting, fallout from the Ukraine-Russia conflict that has some agricultural industry veterans ...

The Egyptian pound slid another 1 per cent on Tuesday, after a 14 per cent devaluation on Monday, and the government announced a budget restructuring in a sign it may be preparing ...

Amazon.com Inc (AMZN.O) said on Wednesday it will set up a logistic base in Turkey to meet rising demand, with a more than $100 million investment. It said the ...

Bitcoin just isn’t anonymous enough for a growing cohort of crypto users who are seeking greater seclusion. A volatile class of crypto known as privacy coins, created with the ...

Tesla will on Tuesday deliver to customers the first 30 Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant, launching its first European production hub that is the biggest ...

Russia’s coupon payment on a sovereign bond maturing in 2029 was processed by correspondent bank JPMorgan Chase & Co (JPM.N), a source said on Monday, the second time in ...

Australia’s media regulator will be able to force internet companies to share data about how they have handled misinformation and disinformation under new laws that will bolster government efforts ...

Russia is due to make another dollar-denominated payment to bondholders on Monday after last week defying fears it might not be able or willing to do so, following Western countries’ ...

After Russia’s invasion of Ukraine sent global wheat futures soaring, US farmer Vance Ehmke was eager to sell his grain. Local prices shot up roughly 30 per cent to nearly $12 ...