International

Turkey’s inflation is expected to near 81 per cent in July and was seen declining to just 70 per cent by end-2022, a Reuters poll showed on Friday, as global energy ...

According to a senior Microsoft executive, a new trend is emerging among both mature organisations and startups, which involves the use of digital technology as a guiding principle through the ...

By Andrew Dunne With the tourism industry on a high bounce following the lifting of pandemic restrictions, many holiday-goers are looking for ways to travel more responsibly and sustainably. But ...

Qualcomm Inc (QCOM.O) forecast fourth-quarter revenue below Wall Street targets on Wednesday, bracing for a difficult economy and a slowdown in smartphone demand that could hurt its mainstay handset ...

Japan’s Panasonic Holdings Corp (6752.T), which supplies batteries to Tesla (TSLA.O), posted a 39 per cent drop in first-quarter earnings on Thursday as China’s COVID-19 lockdowns and rising ...

Japan’s Sony Group Corp (6758.T) on Friday trimmed its full-year profit forecast due to an expected weaker performance at its key gaming unit, which posted a steep drop in ...

By Luigi Scazzieri Italy’s prime minister, Mario Draghi, finally resigned on July 21 after failing to secure the support of three of his government’s coalition partners in a vote ...

Southeast Asia-focused cryptocurrency exchange Zipmex said it had filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies. Singapore-based Zipmex resumed withdrawals last ...

Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap money, with the world’s largest digital asset, bitcoin, down more than 56 per cent ...

While millions are fretting whether they can afford another $1,000 on energy this year, others are still splashing out on $10,000 Hermes handbags as soaring prices leave wealthier people relatively unscathed. A ...

Dubai’s red-hot property market surged in the first half of the year as investors piled in, with Russians among the top five buyers as the emirate benefits from an ...

Euro zone inflation rose to another record high in July and its peak could still be months away, keeping pressure on the European Central Bank to opt for another big ...

Mohamed Abu Khodr had been waiting for hours outside a Beirut bakery in hopes of buying two bags of subsidised bread he needs to feed his family. But there was ...

British bank NatWest (NWG.L) raised its full-year guidance and made a bumper payout to shareholders on Friday after rising interest rates lifted its finances, despite runaway inflation threatening to ...

Ben & Jerry’s and its parent company Unilever Plc (ULVR.L) did not reach an out-of-court agreement on a dispute over the sale of the ice cream maker’s ...

US supermodel Bella Hadid has stepped from the catwalk into the metaverse with the launch of CY-B3LLA – a collection of Non-Fungible Tokens featuring artwork based on 3-D scans of ...

Britain should create a new category of private property law for digital assets like cryptocurrencies which are being used to make payments or represent other assets, independent body the Law ...

Shell (SHEL.L) posted record results on Thursday, with an $11.5 billion second-quarter profit smashing the mark it set only three months ago, lifted by strong gas trading and a tripling ...

European shares came off session highs on Thursday, as a slew of downbeat earnings including from Santander took the shine off a global rally driven by easing worries about the ...

Turkey’s lira weakened further on Wednesday to near 18.0 against the dollar and the record lows it hit late last year as worries about the government’s foreign exchange policy ...

Egypt has cancelled contracts for a total of 240,000 tonnes of Ukrainian wheat that were booked by its state grains buyer for February and March delivery but never loaded due to ...

Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline ...

The Central Bank of Qatar said on Wednesday it raised its main deposit rate by 75 basis points (bps) to 3 per cent, moving in tandem with the US Federal Reserve’s ...

El Salvador’s president announced on Tuesday a plan for a voluntary repurchase offer to holders of bonds maturing between 2023 and 2025. The operation would be partially funded by reserves allocated ...