International

Sweden’s Northvolt said on Wednesday its new gigafactory in northern Sweden has assembled its first battery cell, making it the first European company to design and manufacture a battery ...

The United Arab Emirates prime minister and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has approved Dubai’s budget for the fiscal years 2022-2024, with a total expenditure of 181 ...

China Evergrande Group (3333.HK) on Friday dialled back plans to repay investors in its wealth management products, in a move that highlights the deepening liquidity squeeze at the property developer ...

JPMorgan Chase & Co (JPM.N) has offered its staff the option of working from home for the first two weeks of 2022, with a caveat that all employees are expected ...

For global financial markets, the second year of the COVID pandemic has been nearly as dramatic as the first. The stocks bulls have stayed firmly in charge, surging energy and ...

UK’s FTSE 100 ended 2021 with its best annual performance in five years on the back of gains in commodity-linked and industrial stocks although the index fell in Friday’s holiday-thinned ...

Stock markets dipped on Friday in thin trading but were set to see in the New Year with double-digit gains for 2021, while oil prices retreated from $80 a barrel following their ...

Gold was set for its worst year since 2015 on Friday as a global economic recovery caused safe-haven flows into the metal to ease and as central banks prepared to raise ...

Emerging market stocks broke a two-year winning run, but were set to end the last day of 2021 on a positive note on Friday boosted by China shares, while Turkey’s ...

Bitcoin close to $70,000, “memecoins” worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest yet for cryptocurrencies, even by the sector’s volatile ...

Chip company Advanced Micro Devices Inc’s (AMD.O) $35 billion all-stock deal for peer Xilinx (XLNX.O) is now expected to close in the first quarter of 2022, delayed from a ...

Chinese telecoms equipment giant Huawei Technologies Co Ltd (HWT.UL), battered by US sanctions, expects 2021 revenue to have declined nearly 30 per cent and predicted continued challenges in the New Year. ...

The Turkish lira weakened for a fifth consecutive day on Friday, further eroding the big gains it made a week earlier as investors continued to fret about the country’s ...

Sterling hit its highest level against the euro since the end of February 2020 as easing concerns about the economic impact of the pandemic boosted risk-on currencies, while analysts expect more ...

UK shares were subdued on Thursday, after hitting 22-month highs in the previous session, as a surge of COVID-19 cases offset optimism around a “Santa Claus rally” in thin year-end ...

British house prices rose by a stronger-than-expected 1.0 per cent in December from November, capping the biggest full-year rise in prices since 2006, figures from mortgage lender Nationwide showed on Thursday. Economists ...

The spectre of higher interest rates in the United States, slowing growth in China and a strong dollar have this year hammered emerging markets already reeling from the fallout of ...

Turkey’s lira fell 5 per cent on Thursday, extending a four-day slide and eating into big gains last week, as the government struggled to convince savers to ignore the volatility ...

Tesla Inc (TSLA.O) Chief Executive Elon Musk has exercised all of his options expiring next year, signaling an end to his stock sales that triggered a fall in the ...

Apple (AAPL.O) said it had placed the southern Indian factory of iPhone assembler Foxconn (2317.TW) on probation after both companies found that some worker dormitories and dining rooms did ...

China will improve copyright protection live streaming, e-commerce and sports events by 2025, the country’s copyright regulator said on Wednesday. Copyright protection will be strengthened and improved in new industries ...

Bitcoin dropped 6.13 per cent to $47,606.92 on Tuesday, losing $3,111.19 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 31 per cent from the year’s high of $69,000 ...

The Turkish lira weakened for the third consecutive day on Wednesday, tumbling 5 per cent and eating further into the huge gains made the previous week, as worries persisted over soaring ...

The Philippines has lifted a four-year-old ban on open-pit mining for copper, gold, silver and complex ores, an official said on Tuesday, marking the second landmark policy move this year ...