Herbert Diess took over at Volkswagen AG (VOWG_p.DE) four years ago when the German automaker was in crisis, under pressure to make dramatic changes in strategy and culture, ...
The US Securities and Exchange Commission (SEC) is working to get some cryptolending companies properly registered if they operate more as investment firms, the head of the Wall Street regulator ...
A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving cryptocurrency, US prosecutors in Manhattan said on ...
French oil major TotalEnergies TTEF.PA and shipping giant CMA CGM announced further measures to cut prices on Friday, following government pressure for companies to do more to help consumers ...
German gas importer Uniper UN01.DE, its Finnish parent Fortum FORTUM.HE and their governments have agreed in principle on the terms of a bailout after Uniper was hit by ...
The French government on Thursday urged companies whose profits have surged during the inflation crisis to do more to help households cope as it faces pressure from lawmakers for a “...
Gas rationing in Germany would impact the metal production and processing, chemical and paper industries most severely, according to a study on Thursday, amid heightened uncertainty over Russian supply via ...
Ukraine’s central bank devalued the hryvnia currency by 25% against the U.S. dollar on Thursday to help the country cope with the growing economic impact of the war with ...
The Belarusian finance ministry said Western sanctions that have limited Minsk’s ability to deal in foreign currencies are pushing the country into default despite Minsk being able to service ...
Thanks to the renewables’ boom, the limiting factor of the energy revolution is not power supply as much as power storage these days. Cleaner, greener batteries are needed to charge ...
British consumer price inflation surged again in June to hit an annual rate of 9.4%, the highest rate since early 1982, according to official figures that underline the chances of a bigger ...
SAS SAS.ST and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 ...
UK grocery inflation hit 9.9% in the four weeks to July 10, adding 454 pounds ($543.7) to Britons’ annual bills amid a worsening cost of living crisis, industry data showed on Tuesday.
Market researcher ...
Embria, a Cyprus-based venture builder firm that founds, funds and grows its own startups from the ground up, earlier this month announced that it has sold its stake in Finnish ...
The European Central Bank is set to deliver its first interest-rate hike since 2011 this week, yet markets are already fast-forwarding to focus on the path for higher rates beyond Thursday ...
Asking prices for British homes advertised for sale this month were 9.3 per cent higher than a year earlier, down from a 9.7 per cent rise in June as mortgage costs rise ...
Asian share markets rallied on Monday following a much-needed bounce on Wall Street, though nerves were stretched ahead of a near-certain interest rate hike in Europe and another round of ...
Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID-19 lockdowns in China again ...
US airplane maker Boeing Co trimmed its projected industrywide demand for airplanes over the next 20 years, but said it expects deliveries to be stable excluding the Russian market.
Boeing projects ...
Central African Republic will start selling a cryptocurrency it says will be worth $21 million next week, it said on Friday, amid a wider rout in the industry and scepticism over ...
Saudi Arabia’s foreign minister said a US-Arab summit on Saturday did not discuss oil and that OPEC+ would continue to assess market conditions and do what is necessary.
“There ...
Non-fungible token (NFT) marketplace OpenSea has cut 20 per cent of its workforce to reduce costs in the face of a prolonged slump in digital asset markets, the New York-based company ...
Crypto firms, which boomed during the COVID-19 pandemic, have run into difficulties recently due to a slump brought on by the downfall of a major token in May and a ...
Chinese technology company Huawei cemented its position as the country’s second-largest cloud service provider in the first quarter of 2022, according to a report released this month by technology analysts ...