International

Britain can revive production of high-powered magnets vital for the ramp up of electric vehicles, but it should copy China’s centralised strategy to make it viable, according to a ...

British Airways owner IAG (ICAG.L) is “very optimistic” about the reopening of transatlantic travel and planning to ramp up capacity on those routes next year, fuelling recovery hopes despite ...

A Colombian exporter of long-horned beetles, a popular pet for Japanese children, has created its own cryptocurrency to avoid high commissions on international sales. “It’s an alternative to be ...

Moderna Inc (MRNA.O) on Thursday slashed the 2021 sales forecast for its COVID-19 vaccine by as much as $5 billion, grappling to fill vials and distribute them to meet unprecedented world ...

Volkswagen (VOWG_p.DE) CEO Herbert Diess sought to defuse a clash over the pace of reforms he thinks are needed to keep up with the likes of Tesla (TSLA....

Turkey’s economy is expected to record double-digit growth in 2021, President Tayyip Erdogan said on Thursday, higher than a previous government forecast of 9 per cent. “Even though international institutions say 9 ...

The Bank of England kept interest rates on hold on Thursday, dashing investors’ expectations for a hike that would have made it the first of the world’s big central ...

Some 140 million people had opened “wallets” for China’s new digital yuan as of October and used it for transactions totalling around 62 billion yuan ($9.7 billion), a senior Chinese central bank ...

Restaurant owner Antoine Haddad has been in business for over 35 years but says he is running out of hope as Lebanon struggles with one of the deepest financial crises of ...

Turkey’s annual inflation rate rose to its highest in more than 2-1/2 years in October, data showed on Wednesday, as the central bank, under political pressure to provide more ...

British businesses reported faster growth in October, helped by fewer curbs on foreign travel, but the Bank of England is likely to be worried about record rises in the costs ...

In Wichita, Kansas, nearly half of the roughly 10,000 employees at aircraft companies Textron Inc (TXT.N) and Spirit AeroSystems (SPR.N) remain unvaccinated against COVID-19, risking their jobs in defiance ...

Airlines are reopening airport lounges with higher-end service to lure back premium travelers after the pandemic, while increasingly opening the VIP experience to tourists – for a fee. Premium travel plummeted ...

BP (BP.L) added more than a billion dollars to its share buyback programme on Tuesday as it likened itself to a “cash machine” benefiting from higher oil and gas ...

Pfizer Inc (PFE.N) on Tuesday raised the full-year sales forecast for its COVID-19 vaccine by 7.5 per cent to $36 billion, as it signs deals with countries for booster doses and ...

The end of Britain’s furlough programme has not led to a surge in new job-seekers, according to data that suggests unemployment is unlikely to rise sharply and could bolster ...

Tesla Inc is recalling nearly 12,000 US vehicles sold since 2017 because a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes, the National Highway Traffic ...

Coca-Cola Co (KO.N) said on Monday it would buy the remaining stake in BodyArmor it did not already own for $5.6 billion, as the soda maker amps up its sports ...

British factories saw output growth slow and costs soar in October as they struggled to cope with supply bottlenecks, a survey showed on Monday, underscoring the dilemma facing the Bank ...

Alibaba Group’s (9988.HK) annual ‘Singles Day’ shopping spree is set for its most sober tone ever this year, as the retail giant preaches sustainability rather than hyping the usual ...

Ryanair (RYA.I) on Monday reported its first quarterly profit since before COVID-19, but downgraded its annual forecast to a loss of up to 200 million euros ($231 million) on plans to ...

Barclays (BARC.L) chief executive Jes Staley is leaving the bank after a dispute with British financial regulators over how he described his ties with convicted sex offender Jeffrey Epstein. ...

Retail prices in Turkey’s largest city Istanbul rose 3.29 per cent month-on-month in October for an annual increase of 20.76 per cent, the Istanbul Chamber of Commerce (ITO) said on Monday. ...

Rain fell on Bicar Icli’s fields in southeastern Turkey for the first time in eight months last week, but he and other farmers are already counting the cost of ...