International

Tesla (TSLA.O) has slashed prices on its electric vehicles in the United States and Europe by as much as 20 per cent, extending a strategy of aggressive discounting after missing ...

Crypto.com said on Friday it would be reducing about 20 per cent of its workforce, as cryptocurrency exchanges face industry-wide challenges brought on by the collapse of FTX last year. ...

Britain’s economy unexpectedly eked out some modest growth in November after a boost from World Cup drinkers and video game sales, reducing the chance that it has already slipped ...

Eight major media outlets on Thursday asked the US judge overseeing Sam Bankman-Fried’s criminal case to make public the names of two people who helped guarantee the FTX cryptocurrency ...

A Manhattan jury on Thursday said Adidas AG (ADSGn.DE) had failed to show luxury brand Thom Browne Inc’s use of stripes on its clothing infringed the sportswear giant’...

Hundreds of millions of dollars have flowed through Egypt’s interbank market since the central bank allowed the Egyptian pound to depreciate by 13 per cent to a historic low, bankers ...

For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world where market interest rates were falling, inflation was low, globalization effectively expanded the supply of labor, and, ...

Newly unemployed Goldman Sachs workers are tapping head-hunters after losing their jobs in its biggest restructuring since the 2008-9 financial crisis, with a sluggish global economy set to make finding ...

Tesco (TSCO.L), Britain’s biggest retailer, kept its full-year profit guidance after it joined rivals in reporting stronger than expected Christmas sales despite an escalating cost-of-living crisis. The supermarket ...

Blockchain firm Venom Foundation and Abu Dhabi-based investment manager Iceberg Capital Ltd on Wednesday launched a $1 billion crypto venture fund and said it was leading a $20 million funding round in ...

Sandwich chain Subway is exploring a sale of its business, a source told Reuters on Wednesday. The sale could value the sandwich chain at more than $10 billion, the Wall Street ...

Oil prices traded mostly flat on Thursday, giving up gains made earlier in the day, as optimism over China’s demand outlook was tempered by caution ahead of upcoming inflation ...

British consumers turned a little bit less pessimistic in December as inflation started to fall back from historic highs, a survey published on Thursday showed. Polling firm YouGov and consultancy ...

European investigators will arrive in Lebanon on Jan. 16 as part of a cross-border probe into alleged state fraud, Lebanon’s caretaker justice minister said on Wednesday. French, German and Luxembourg ...

British retailer Marks & Spencer (MKS.L) reported strong Christmas sales, with demand for turkeys helping to deliver its highest ever share of the food market and partywear boosting its ...

Crypto exchange FTX has recovered more than $5 billion in liquid assets but the extent of customer losses in the collapse of the company founded by Sam Bankman-Fried is still unknown, ...

Coinbase Global Inc (COIN.O) said on Tuesday it will cut about 950 jobs, or 20 per cent of its workforce, as part of a restructuring plan that marks the third round ...

Uniqlo parent Fast Retailing Co Ltd (9983.T) on Wednesday said it would raise wages by as much as 40 per cent, a clear sign that Japan’s rock-bottom salaries may be ...

Staff at Goldman Sachs (GS.N) are bracing for news on whether they will keep their jobs on Wednesday, as the U.S. investment bank begins a sweeping cost-cutting drive ...

Oil prices were broadly steady on Wednesday as market participants were pulled in different directions by an unexpected build in US crude and fuel inventories, global economic uncertainty and China ...

LVMH (LVMH.PA) Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family’s grip with the appointment of his daughter Delphine to ...

Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain’s Financial Services Minister Andrew Griffith said on Tuesday. China has pushed ahead ...

Egypt committed to a flexible currency, a greater role for the private sector and a range of monetary and fiscal reforms when it agreed to a $3 billion financial support package ...

Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies have crept into the new year, licking their wounds after the carnage of 2022. The overall global crypto ...