International

The European Commission on Monday issued a further €10 billion to support Europe’s recovery from the coronavirus crisis and its consequences, the Commission said in a statement. It is the ...

Universal Hydrogen, a US firm that aims to do for clean fuel what Nespresso did for coffee, is poised to announce preliminary hydrogen deals with airlines including Icelandair, Airbus, and ...

According to this year’s recently released Xinhua-Baltic International Shipping Center Development Index Report, Singapore, London and Shanghai are the top three global shipping hubs in 2021, followed by Hong Kong, ...

The European Commission (EC) plans to impose a carbon surcharge on products entering the EU from third countries, through a Carbon Border Adjustment Mechanism (CBAM), likely to be phased in ...

Spain will invest 4.3 billion euros ($5.1 billion) to kick-start the production of electric vehicles and batteries as part of a major national spending programme financed mostly by European Union recovery funds, ...

The Bank of England scrapped its remaining pandemic curbs on dividends paid by HSBC, Barclays and other top lenders with immediate effect on Tuesday, saying its stress tests showed they ...

Elon Musk will return to the witness stand on Tuesday for a second day to defend Tesla Inc’s $2.6 billion acquisition of SolarCity in 2016, a deal that shareholders say benefited ...

England’s run to the final of the Euro 2020 soccer tournament bolstered business for bookmakers and food delivery firms but pubs lamented a missed opportunity because of coronavirus curbs. Bookmakers ...

There were scenes of “total chaos” this morning at Heathrow airport check-in due to huge numbers of staff being forced to self-isolate, the Independent reported on Monday. Passengers complained of ...

Oil slumped on Monday over concerns about spreading Covid-19 variants derailing the global economic recovery that has brought fuel demand to near pre-pandemic levels, while tight crude supplies kept prices ...

Ryanair says it will hire 2,000 pilots to crew its fleet of new Boeing aircraft, the airline said in a statement on Monday. It is reportedly the largest recruitment drive that ...

The cost of food has reached a crisis level in Turkey, as production declines and the weak Turkish lira (currently at 10.30 to the euro) makes imports more expensive. The central ...

Jamaica plans to ask Britain for compensation for the Atlantic slave trade in the former British colony, a senior government official said, under a petition that could seek billions of ...

The European Commission will delay its plan to put forward a new levy on digital services later in July, a spokesman said on Monday, following intense pressure from the US ...

Egypt’s Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in the previous year, the Suez Canal Authority said on Sunday. ...

The founding family and top investor in the Daily Mail’s owner is considering taking the British newspaper publisher private in a $1.1 billion deal if certain conditions are met, the ...

Taiwan’s Foxconn (2317.TW) and TSMC (2330.TW) said on Monday they had reached deals to buy 10 million doses of Germany’s BioNTech SE’s (22UAy.DE) COVID-19 vaccine, putting the ...

The spread of the Covid-19 Delta variant threatens Europe’s nascent economic rebound, economists told the Financial Times on Sunday. The European Centre for Disease Prevention and Control said on ...

Tobacco group Philip Morris International agreed on Friday to buy Vectura (VEC.L) for 1.05 billions pounds ($1.44 billion), giving the US firm access to the British drugmaker’s respiratory ailment treatments ...

Does Elon Musk control Tesla Inc (TSLA.O) or does Tesla control Elon Musk? More than $2 billion hinges on that question as a trial kicks off on Monday. Shareholders allege ...

The European Commission is likely to delay putting forward its plans for a digital levy until the autumn to try to improve the chances of a global corporate tax reform ...

Malta will ban all visitors from entering the country as from Wednesday unless they are fully vaccinated against Covid-19, Health Minister Chris Fearne said on Friday. “We will be the ...

The European Union has delivered enough coronavirus vaccine doses to member states to reach a target to fully vaccinate at least 70 per cent of adults in the bloc, European Commission ...

Finance ministers of the world’s 20 largest economies (G20) on Saturday agreed to go ahead with the plan to design a global tax system that would impose a minimum levy ...