Turkey’s lira weakened to a fresh record low of 18.9620 against the dollar on Thursday, as investors weigh the economic impact of massive earthquakes that hit the country last month.
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Egypt’s annual urban consumer inflation rate in February leapt to a higher-than-expected 31.9 per cent, its highest in five and a half years, from 25.8 per cent in January, data from ...
Crypto-focused bank Silvergate Capital Corp (SI.N) said on Wednesday it planned to wind down operations and voluntarily liquidate after it was hit with losses following the dramatic collapse of ...
Equities revenue plummeted 95 per cent in the fourth quarter
Bank earlier informally looked at options for unit
Bank declines to comment on ‘rumours and speculation’
At the grandiose Fontainebleau Miami ...
The European Bank for Reconstruction and Development (EBRD) said on Thursday that it will invest up to 1.5 billion euros ($1.6 billion) in the next two years to support reconstruction and recovery ...
US-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – ...
Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion ...
Executives and officials from some of the world’s top oil and gas companies said on Tuesday energy markets are balanced now, but could easily be disrupted due to tight ...
Heineken (HEIO.AS) on Tuesday blamed the delay in its Russia exit on local bureaucracy that it said was beyond its control, and reiterated it still planned to exit the ...
Inflation expectations among eurozone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth will slow efforts to control prices, a European Central ...
Rivian Automotive (RIVN.O) plans to sell bonds worth $1.3 billion, it said on Monday, as weakening demand and lofty costs tighten a cash crunch around electrical vehicle makers.
Shares in ...
Salesforce Inc (CRM.N) said on Tuesday it was working with ChatGPT creator OpenAI to add the chatbot sensation to its collaboration software Slack, as well as bring generative artificial ...
Nissan Motor Co Ltd’s (7201.T) credit rating was cut to junk status by S&P Global Ratings on Tuesday, which said the Japanese automaker’s earnings will remain ...
For investors living on the digital edge, bitcoin is starting to look a little old-fashioned.
Hooked on high growth, some are turning away from the original cryptocurrency – designed as an ...
The United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data and trading sources, in another example of how Western sanctions on Russia ...
A lack of availability in fresh produce categories weighed on sales growth at British supermarkets in the four weeks to Feb. 25, industry data showed on Tuesday.
Britons have been grappling ...
Microsoft Corp (MSFT.O) on Monday bundled the technology behind ChatGPT with its Power Platform that allows users to develop applications with little or no coding, the latest integration of ...
Costa Coffee has followed rival Pret A Manger in raising pay for its British store staff for the third time in a year.
The coffee and sandwich chain, a unit ...
The Turkish Competition Board said on Monday it had decided to fine billionaire Elon Musk 0.1 per cent of Twitter’s gross income in Turkey in 2022, as his takeover of the ...
British new car registrations rose by a quarter in February and almost half a million plug-in cars are expected to join the road by the end of 2023, according to preliminary ...
Shares of Silvergate Capital Corp (SI.N) fell 10 per cent in early trading on Monday after the bank suspended its crypto payments network and expressed doubts over the viability of ...
Ford Motor Co’s (F.N) push to use reams of data generated by its vans and trucks – from engines to oil filters or brake pads – to attract more customers ...
Binance, one of the world’s largest cryptocurrency exchanges, developed a plan to avoid the threat of prosecution by US authorities as it started an American entity in 2019, the Wall ...
The US dollar was broadly lower on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards a February jobs report at the end of the ...