International

The Turkish central bank’s net forex reserves dropped into negative territory for the first time since 2002, standing at $-151.3 million on May 19, official data showed on Thursday, as it ...

The Turkish lira weakened to a record low of 20 against the dollar on Friday, ahead of this weekend’s presidential election runoff which will decide whether President Tayyip Erdogan extends ...

As the United States stares at the risk of a credit downgrade, former Standard & Poor’s officials stood firm behind their seminal 2011 call to slash the country’s rating ...

Brussels has agreed with Pfizer (PFE.N) and BioNTech (22UAy.DE) to amend a COVID-19 vaccine contract, cutting the number the EU must buy and pushing the delivery deadline to 2026, ...

A US government default would trigger an initial pull-back from crypto currencies followed by a “push upward” the CEO of London-based crypto firm Blockchain.com said on Thursday. The US ...

The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from the statistics office showed on Thursday. Gross domestic product fell ...

Rivalry with China, fallout from Russia’s war in Ukraine and wrangling once again in Washington over the US debt ceiling have put the dollar’s status as the world’...

The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s more traditional export routes, Russian customs records show. The ...

Marks & Spencer (MKS.L) said its latest turnaround strategy was starting to deliver, enabling it to restore its dividend and forecast “modest” revenue growth and a profit outcome ahead ...

What could happen on Main Street if Washington’s political showdown over the debt ceiling stopped the government from cutting checks that fund a quarter of the economy? Americans could ...

Deutsche Bank and Citigroup admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain’s anti-trust watchdog said, as it provisionally found five banks in breach ...

The head of Qatar Airways voiced scepticism on Tuesday over an aviation industry target of achieving net-zero emissions by 2050, citing inadequate supplies of Sustainable Aviation Fuel and alternative hydrogen designs ...

Britain’s stubbornly high inflation rate fell by less than expected last month and a closely watched measure of core price rises surged to a 31-year high, according to official ...

German travel and tourism company TUI Group recently released a report outlining its performance during the first half of the year, noting a significantly improved second quarter and a strong ...

Microsoft Corp MSFT.O on Tuesday started making available to users a host of AI upgrades, including to ChatGPT, its search engine Bing as well as to cloud services – an ...

As investors try to assess the fallout on global brewing leader Anheuser-Busch InBev (ABI.BR) from a backlash against Bud Light, rival Heineken (HEIN.AS) is spending $100 million to promote ...

The International Monetary Fund no longer expects Britain’s economy to fall into a recession this year, it said on Monday as it upgraded forecasts published last month and warned ...

Lebanon is likely to be placed on a “grey list” of countries under special scrutiny over unsatisfactory practices to prevent money laundering and terrorism financing, three sources familiar with the ...

The turmoil facing US regional banks has prompted some lenders to step back, leaving space for investors such as asset managers, private equity (PE) funds and insurers to lend more. ...

Ryanair (RYA.I) achieved close to record full-year profit in the year to March 31 and is cautiously optimistic that robust summer demand will ensure modest profit growth in the next 12 ...

Meta (META.O) was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five ...

By Gavin Maguire The US is hoping to play key leadership roles in an array of areas tied to the global energy transition, from developing corporate champions that drive emissions ...

A federal judge in Illinois has dismissed a lawsuit accusing Mondelez International Inc (MDLZ.O) of deceiving consumers into believing its Trident “Original Flavor” gum contained real mint. US District ...

India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have ...