International

For at least a decade, Burger King’s formula for European expansion has relied on a joint venture partnership, including a master franchisee, to open and operate new locations. But ...

Tesla (TSLA.O) CEO Elon Musk has a “super bad feeling” about the economy and wants to cut about 10 per cent of jobs at the electric carmaker, he said in ...

Google’s (GOOGL.O) YouTube and other platforms could have to pay copyright damages over unauthorised uploads even if the content was put online by a third party, Germany’s ...

In 1918, Soviet revolutionary Leon Trotsky told Western creditors aghast at the Bolsheviks’ repudiation of Russia’s external debt: “Gentlemen, you were warned.” He reminded them that dismissal of Tsarist-era debt ...

China’s Zhejiang Geely Holding Group conducted its first successful satellite launch on Wednesday, sending nine into low earth orbit as it builds out a satellite network to provide more ...

Russia’s failure to pay $1.9 million in accrued interest on a dollar bond will trigger payouts potentially worth billions of dollars, a panel of investors determined on Wednesday, as the ...

As Greek restaurateurs gear up for the summer season, they are keeping a wary eye on the potentially damaging impact of inflation – amply illustrated by the soaring price of a ...

Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production. Brent crude was down $2.82, ...

Air travel restrictions imposed during the Covid-19 pandemic almost halved airport revenues in 2020, according to the annual Airport Economics Report and key performance indicators (KPIs) by Airports Council International (ACI) ...

A New York couple accused of laundering $4.5 billion in cryptocurrency tied to the 2016 hack of digital currency exchange Bitfinex are still negotiating a possible plea deal while reviewing more than 1.1 ...

Russia’s central bank said on Tuesday that the role of the dollar and the euro as global currencies would decline as central banks rethink their strategies after the West ...

Russian manufacturing activity expanded in May after three months of contraction and price pressures eased notably, but sanctions continued to dent client demand, a survey showed on Wednesday. The S&...

Some OPEC members are considering the idea of suspending Russia in an oil production deal as Western sanctions hurt the nation’s ability to produce more, the Wall Street Journal ...

Turkish state-owned energy importer BOTAS said on Wednesday it had raised natural gas prices for households, industry and electricity production, with the price for households raised by 30 per cent. Separately, ...

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. ...