International

European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise interest rates as soon as July but certainly no later than ...

Several Russian banks plan to issue payment cards that use the network of China UnionPay as well as that of home-grown payment system Mir, after Visa Inc (V.N) and ...

In April 2021, Russia’s financial intelligence unit met in Moscow with the regional head of Binance, the world’s largest crypto exchange. The Russians wanted Binance to agree to hand ...

The Turkish Central Bank said on Saturday it revised regulations on banks’ reserve requirements, applying them to the asset side of balance sheets in order to strengthen its macroprudential policy ...

Germany’s industrial heavyweights are teaming up to retrain workers in areas such as software and logistics to fill a growing skills gap and avoid layoffs among workers of all ...

Indonesia’s new palm oil export ban will hurt other countries but is necessary to try to bring down the soaring domestic price of cooking oil driven up by Russia’...

The global smartphone market has been hit by adverse business conditions, contracting by 11 per cent year-on-year in the first quarter of 2022, according to a report released this week by technology ...

European Central Bank President Christine Lagarde told policymakers to hold back on dissenting views on decisions for several days, a move critics say stymies their ability to present an honest ...

By Ioannis Tirkides Emmanuel Macron is still expected to win the presidential election in France, this Sunday, April 24, but it will be a tight run according to polls, and French ...

Investors have discounted Marine Le Pen winning the French presidency on Sunday, so an upset would cause a selloff in French government bonds and dent the euro, fund managers and ...

Tesla Inc results (TSLA.O) surged past Wall Street expectations on Wednesday, as higher prices helped insulate the electric vehicle maker from supply chain chaos and rising costs. The results ...

Billionaire investor William Ackman liquidated a $1.1 billion bet on Netflix (NFLX.O) on Wednesday, locking in a loss of more than $400 million as the streaming service’s stock plunged following ...

Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline, traders and analysts said, favouring what have historically been the least profitable parts of ...

Vagit Alekperov, a former Soviet deputy oil minister and a supporter of close ties between Russia and OPEC, has resigned as president of Russia’s second-largest oil producer Lukoil (LKOH....

Egypt’s economy will grow 5.3 per cent in the fiscal year ending in June but the pace will ease to 5.2 per cent in 2022/23 and 5.0 per cent in 2023/24 as tourism falls ...

The Turkish consumer confidence index dropped 7.3 per cent to 67.3 points in April, official data showed on Thursday, hitting its lowest ever level, driven by a 10 per cent drop from the ...

Global information technology and other related professional services revenue is estimated to grow by 5.6 per cent in 2022, according to a report by industry analysts International Data Corporation (IDC) released this ...

Netflix Inc (NFLX.O) shares lost more than a quarter of their value in premarket trading on Wednesday after the company reported its first drop in subscribers in a decade, ...

A US judge’s ruling this week that the Biden administration’s mask mandate for public transportation was unlawful dealt another blow to an industry that built dozens of small ...

Homeowners in small Chinese cities are battling a rare property market downdraft as buyers keep away, eroding the wealth of millions in a blow to already brittle consumer confidence in ...

Saudi Arabia exported nearly 13 per cent less oil to China in March than a year earlier but retained its top supplier spot, while shipments from second-ranking Russia slipped 14 per cent, ...

Oil prices rebounded on Wednesday from sharp losses in the previous session as concerns about tighter supplies from Russia and Libya dominated, while industry data showed a drop in US ...

German car parts supplier Continental AG (CONG.DE) has temporarily resumed tyre production for passenger cars at its Russian plant in Kaluga, it said on Tuesday, to protect local workers ...

Britain’s competition regulator will directly enforce consumer law and can fine firms up to 10 per cent of their global annual turnover for mistreating customers, the UK government said, as ...