Business

The Russian rouble strengthened on Monday, firming past 77 against the euro to a near two-year high, helped by tax payments that companies are due to make this week and as ...

The decentralized finance (DeFi) ecosystem has continually suffered three major challenges: scalability, security, and decentralization, also called the “scalability trilemma,” as described by Ethereum’s inventor, Vitalik Buterin. These problems ...

Coca-Cola Co (KO.N) beat quarterly revenue and profit expectations on Monday, helped by higher prices and a rebound in demand for its sodas at theaters and restaurants. Consumer goods ...

Elon Musk clinched a deal to buy Twitter Inc TWTR.N for $44 billion cash in a transaction that will shift control of the social media platform populated by millions of ...

Craig Fuller monitors millions of transactions between US truckers and their customers as chief executive of transportation data company FreightWaves – and he does not like what he is seeing. There ...

The German government is set to hike its inflation forecast for this year to 6.1 per cent due to the impact of the war in Ukraine, up from 3.3 per cent it ...

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will ...

Israel’s Econergy Renewable Energy (ECNR.TA) has partnered with Greece’s Terna Energy (TENr.AT) to develop 460 megawatts (MW) of solar plants in Greece, it said on Monday. Econergy ...

Twitter Inc (TWTR.N) is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc (TSLA.O) has called ...

At the end of the fourth quarter (Q4) of 2021 government debt to GDP ratio in Cyprus was 5.4 percentage points lower compared to Q3 of 2021, and 11.4 percentage points lower than at ...

Looking for ways to manage your Bitcoin investment? If so, here’s a guide to help you manage your crypto asset. So, you have decided to venture into Bitcoin investing? ...

Do you want to invest in Bitcoin but don’t know how or where to start? If so, here’s where and how you can invest in this cryptocurrency. Over ...

Honda Motor Co (7267.T) plans to build millions of electric vehicles (EV) by 2030 using three new dedicated platforms, with one to be jointly developed with US partner General Motors Co (...

Battered US stocks are facing a potentially painful stretch in the weeks ahead, as hawkish Federal Reserve policy, rising bond yields, geopolitical uncertainty and the corporate earnings season fuel investor ...

European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise interest rates as soon as July but certainly no later than ...

Several Russian banks plan to issue payment cards that use the network of China UnionPay as well as that of home-grown payment system Mir, after Visa Inc (V.N) and ...

Accumulating huge amounts of idle cash By Les Manison In response to the financial crisis of 2012/13 the government in agreement with the troika of international institutional institutions took measures to ...

In April 2021, Russia’s financial intelligence unit met in Moscow with the regional head of Binance, the world’s largest crypto exchange. The Russians wanted Binance to agree to hand ...

The Turkish Central Bank said on Saturday it revised regulations on banks’ reserve requirements, applying them to the asset side of balance sheets in order to strengthen its macroprudential policy ...

Germany’s industrial heavyweights are teaming up to retrain workers in areas such as software and logistics to fill a growing skills gap and avoid layoffs among workers of all ...

Indonesia’s new palm oil export ban will hurt other countries but is necessary to try to bring down the soaring domestic price of cooking oil driven up by Russia’...

The urgent push to end dependency on Russian energy is creating new opportunities for the East Med and reviving projects previously considered unviable By Charles Ellinas A proposal by Energean ...

EU companies may be able to work around Russia’s demand to receive gas payments in roubles without breaching sanctions if they pay in euros or dollars which are then ...

The global smartphone market has been hit by adverse business conditions, contracting by 11 per cent year-on-year in the first quarter of 2022, according to a report released this week by technology ...