International

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 ...

The dollar was set for its biggest weekly drop in nearly four months as traders lowered Federal Reserve rate hike expectations amid signs the US central bank might slow or ...

Hong Kong’s central bank plans to hold a major conference in November it hopes will draw global banking bosses, sources said, as the financial hub seeks to welcome back ...

Billionaire Elon Musk was sued by Twitter Inc (TWTR.N) investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla Inc (TSLA....

The World Bank said on Thursday that its board had approved $500 million in additional financing to support Turkey in its efforts to fight against COVID-19. The funds, which will have ...

Turkey’s central bank kept its policy rate at 14 per cent for a fifth straight month on Thursday as expected, even with inflation set to rise beyond the current 70 per ...

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow’s invasion of ...

Global liquefied natural gas (LNG) buyers and sellers are bracing for more uncertainty over Russian supplies and a murky demand outlook from Europe and top importer China in the run-up ...

Russia’s central bank lowered its key interest rate to 11 per cent on Friday and said it saw room for more cuts this year, as inflation slows from more than 20...