Business

A bipartisan pair of US senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading ...

Fashion giant Zara’s owner Inditex (ITX.MC) reported on Wednesday its quarterly profit jumped 80 per cent on the back of soaring sales as consumers stuck at home during the ...

Microsoft is substantially cutting its business in Russia in response to Moscow’s invasion of Ukraine, Bloomberg News reported on Wednesday. Earlier in March, Microsoft said it was suspending new ...

Qatar has picked Exxon Mobil Corp , TotalEnergies SE (TTEF.PA), Royal Dutch Shell (SHEL.L) and ConocoPhillips (COP.N) as partners in the expansion of the world’s largest liquefied ...

Russia is ramping up oil exports from its major eastern port of Kozmino by about a fifth, aiming to meet surging demand from Asian buyers and offset the impact of ...

The Turkish lira dropped 2 per cent against the dollar on Wednesday, bringing its losses to 23 per cent this year, after worries about a surge in inflation were fuelled by President ...

Major stakeholders from the European shipping industry have voiced their opposition to the European Union’s recent proposal on the use and regulation of maritime fuel. “The European Community Shipowners’ ...

Total employment for the first quarter of 2022 increased by 1.9 per cent when compared to the corresponding quarter of 2021, according to a preliminary estimate by the Cyprus Statistical Service (Cystat) released ...

The New York State Legislature has passed a bill that would impose a two-year moratorium on the use of fossil-fuel power plants to provide energy to miners of cryptocurrencies like ...

Britain will begin live testing of crypto blockchain technology for traditional market activities such as trading and settlement of stocks and bonds next year as part of a drive to ...

The supreme court has ruled that a bill passed by parliament last July extending a moratorium on foreclosures until the end of October 2021 was not unconstitutional and should therefore now ...

As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are now betting that bitcoin is bottoming out, judging by the money heading ...

Apple (AAPL.O) will have to change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed on Tuesday to a single mobile charging port for ...

A dispute between Israel and Lebanon over their maritime boundary has obstructed energy exploration in the eastern Mediterranean and risks exacerbating tensions between the two foes. After months of deadlock ...

Oil prices edged higher on Tuesday on an expected demand recovery in China as the world’s second-biggest economy relaxes tough COVID-19 curbs, and on doubts that a higher output ...

It has been outright bloodshed in the crypto market, with Bitcoin losing important support levels one after the other. There’s no point sugarcoating this event as a market correction, ...

Turkey will continue cutting interest rates rather than hiking them in the face of high living costs, President Tayyip Erdogan said on Monday, playing down inflation of more than 70 per ...

International tourism enjoyed a 182 per cent year-on-year boost between January and March of this year, according to the World Tourism Organisation’s (WTO) world tourism barometer, which was released earlier ...

For five years, the world’s largest cryptocurrency exchange Binance served as a conduit for the laundering of at least $2.35 billion in illicit funds, a Reuters investigation has found. By ...

Liquid fuel prices in Cyprus increased by 33.63 per cent between January to May 2022, according to data by the Cyprus Statistical Service (Cystat) and subsequently processed by the Cyprus Consumers Association. ...

By Yiannis Seitanidis The sixth package of sanctions against Russia, which came into force on Friday afternoon with the publication of the relevant legal acts in the Official Journal of ...

The European Central Bank looks all but certain to announce on Thursday that its years of bond-buying stimulus are over and that high inflation means interest rate rises are imminent. ...

“Sorry, that was the last bottle of Czech beer we had,” said a waiter at a central Moscow restaurant, a month after Russia sent troops into Ukraine and the West ...

Farms across France were hit by heavy hail and fierce storms over the weekend, the National Farmers’ Union Federation (FNSEA) said on Monday, while their counterparts in Italy warned of ...