International

The International Monetary Fund said on Tuesday that Egypt needed to make “decisive progress” on fiscal and structural reform as Cairo seeks a new round of support from the fund. ...

Lebanon’s parliament on Tuesday passed long-awaited amendments to a banking secrecy law, according to a Reuters witness, in the first step towards reforms required by the International Monetary Fund (...

Ground staff at Deutsche Lufthansa (LHAG.DE) went on strike early Wednesday, prompting the cancellation of more than 1,000 flights, and adding to travel disruptions during the busy summer travel season. ...

Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in US crude stockpiles. Brent crude futures were at $104.55 a barrel ...

Car manufacturers and technology companies are vying for cockpit superiority, a growing sub-segment of the $2.7 trillion global car market. The emergence of digital technology has seen car companies design and ...

Micron Technology Inc (MU.O) on Tuesday said it started shipping its most advanced NAND flash chip made up of 232 layers of memory cells that can support intense data use ...

Canada’s Shopify Inc (SHOP.TO) is laying off 10 per cent of its workforce, the e-commerce company said on Tuesday, as it struggles with sales growth due to a post-pandemic ...

Deutsche Lufthansa (LHAG.DE) said it was cancelling more than 1,000 flights ahead of a one-day walkout by ground staff scheduled for Wednesday, just as families across Germany head off on ...

The prospect of another Russian gas supply cut knocked the euro lower on Tuesday, while dollar gains were tempered by mounting uncertainty over the US Federal Reserve’s policy-tightening path ...

Unilever Plc (ULVR.L) raised its full-year sales guidance after beating forecasts with an 8.1 per cent increase in first-half underlying sales as the maker of Dove soap and Knorr stock ...

It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a ...

The US Securities and Exchange Commission (SEC) is investigating whether Coinbase Global Inc (COIN.O) improperly let Americans trade digital assets that should have been registered as securities, Bloomberg News ...

Oil prices rose on Tuesday for a second day on increasing concerns about tightening European supply after Russia, a key oil and natural gas supplier to the region, cut gas ...

The Turkish lira slipped again on Monday, sustaining a slow slide towards 18 against the dollar as concerns mounted about the government’s foreign exchange policy in the face of surging ...

Construction sites, factory assembly lines and warehouses across central Europe are scrambling to fill vacancies after tens of thousands of Ukrainian men left their blue-collar jobs to return home after ...

By Maria Demertzis The last time the euro was at parity with the dollar was 20 years ago in November 2002. The current situation of an almost one-to-one exchange is therefore an ...

Brazilian brokerage XP Inc (XP.O) expects to open its digital assets trading platform to clients by mid-August, initially offering bitcoin and ether but with plans to expand it by ...

Thailand’s Securities and Exchange Commission said on Monday it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex temporarily suspended ...

Vodafone (VOD.L) reported a drop in service revenue in its largest market Germany in the first quarter, reflecting broadband and TV losses after a new law ended automatic renewals ...

KPMG was fined 14.4 million pounds ($17.27 million) on Monday after the accounting firm admitted to providing false and misleading information to its regulator during spot checks on audits of construction firm ...

Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in US interest rates would weaken fuel demand. Brent crude futures for September settlement ...

Production in Turkey’s automotive sector jumped 26.3 per cent year-on-year in June to 135,424 vehicles, with exports climbing 22.9 per cent to 86,623, the Automotive Manufacturers Association (OSD) said on Monday. Automotive production ...

Ryanair (RYA.I) on Monday said a return to pre-COVID levels of profitability this year was not certain even as it topped first-quarter estimates in what Chief Executive Michael O’...

Credit Suisse (CSGN.S) is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung reported, citing senior sources. “The ...