International

Lebanon is suffering an economic meltdown that began in 2019 when the financial system collapsed under colossal state debts and the unsustainable way they were funded, while politicians have yet to ...

Renault SA (RENA.PA), Nissan Motor Co and Mitsubishi Motors Corp (7211.T) plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan ...

Even as Netflix Inc executives sought to reassure investors in a Thursday video interview that its long-term prospects for streaming media remain bright, with its popular series “Bridgerton” returning for ...

More and more cutting-edge technologies are finding their way to industrial applications, Alibaba’s Damo Academy, set up in 2017 to find solutions to global challenges through scientific and technological research ...

People should get back to the office to benefit from in-person collaboration because the world must learn to live with the coronavirus after a pandemic that has wiped trillions of ...

Intel Corp said on Friday it would invest up to $100 billion to build potentially the world’s largest chip-making complex in Ohio, looking to boost capacity as a global shortage ...

Its stability has been assured after weathering two major crises By Maria Demertzis Anniversaries are always a good time to reflect. The euro celebrates the 20th anniversary of its introduction ...

Stay-at-home market darling Netflix slumped on Friday, joining a broad decline in the market value of other pandemic favourites this week as investors priced in expectations for a return to ...

Russia’s central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens’ wellbeing and its monetary policy sovereignty. The ...

Germany’s new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk undermining the ...

Piraeus Bank (BOPr.AT) has agreed with investment firm Varde Partners to buy its controlling stake in Trastor Real Estate Investment Company for about 98 million euros ($111.04 million), the bank said ...

Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday, a move that will see it compete with online brokerages such as Robinhood Markets Inc ...

Sony Group (6758.T) will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment ...

New York City Mayor Eric Adams on Thursday said his first paycheck, to arrive on Friday, will be automatically converted into cryptocurrency via Coinbase Global Inc (COIN.O). The salary ...

Hedge funds that earn returns speculating on precarious acquisitions were handed a gift this week when Microsoft Corp (MSFT.O) agreed to buy “Call of Duty” maker Activision Blizzard (ATVI....

Innovation is finally weakening the market grip of Britain’s “Big Four” banks, but “challenger” lenders are finding it slow and expensive to build up market share, the Financial Conduct ...

Germany’s Thyssenkrupp Marine Systems (TKAG.DE) will build three advanced submarines for the Israeli Navy in a deal worth 3 billion euros ($3.4 billion), the Israeli Defense Ministry said on Thursday. ...

Turkey’s central bank said on Thursday it expected a disinflation process to start on the back of measures taken for sustainable price and financial stability, and so it halted ...

Unilever’s (ULVR.L) strategy was under the investor microscope on Thursday after the consumer goods giant effectively abandoned its $68 billion pursuit of GlaxoSmithKline’s (GSK.L) consumer healthcare business. ...

By George M. Georgiou Debates about central bank independence have traditionally focused on monetary policy, specifically the setting of interest rates. A central bank, it is argued, should be free ...

Turkey and the United Arab Emirates said on Wednesday they had agreed a nearly $5-billion swap deal in local currencies, in a sign of warming diplomatic relations that provides Ankara ...

Britain’s financial watchdog said on Wednesday it planned to introduce restrictions on marketing cryptoassets and other high-risk investments like crowdfunding and retail mini-bonds. The changes would strengthen risk warnings ...

China is drafting nationwide rules to make it easier for property developers to access funds from sales still held in escrow accounts in its latest move to ease a severe ...

The chief executives of major US passenger and cargo airlines have warned of a “catastrophic” aviation crisis this week as AT&T (T.N) and Verizon (VZ.N) deploy ...