Shares of Jack Dorsey-led Block Inc (SQ.N), a digital payments firm that has bet big on bitcoin, declined nearly 7 per cent in premarket trading on Friday after the company ...
In the weeks that followed Russia’s invasion of Ukraine, western Europe’s big economies began to falter. But further east it was still boom-time thanks to double-digit wage hikes ...
The worst is over for German airline Lufthansa (LHAG.DE) after staff shortages caused flight chaos over the summer, but levels of sick leave remain challenging, board member Christina Foerster ...
India’s financial crime-fighting agency said on Friday it had frozen the assets of WazirX, linked to the world’s largest digital currency exchange Binance, as part of its investigation ...
Biggest rate increase for 27 years
By St John Coombes
This week the Bank of England increased interest rates by 0.5 per cent, taking interest rates to 1.75 per cent. This is the ...
The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two years are easing – at a new and permanent cost ...
Talk of changes to the Bank of England’s powers has revived a debate on whether central banks should be independent of governments and in what way.
Central bankers are ...
Chromebooks, the laptops or tablets running Google’s Linux-based Chrome OS, continue to experience a decline in sales for the fourth consecutive quarter, according to a report released this week ...
By Andrew Dunne
Gardening is proven to be healthful and joyful, but as more of us discover the joys of working in the garden for the first time, some basic ...
By Zsolt Darvas
Rising inflation has triggered monetary tightening in several countries, and the resulting higher interest rates raise concerns about public debt sustainability in countries with high public debt. ...
Amazon.com Inc (AMZN.O) will acquire the maker of robot vacuum cleaner iRobot Corp (IRBT.O) in an all-cash deal for about $1.7 billion, in the latest push by the ...
The US Bankruptcy Court in New York has given crypto firm Voyager Digital Holdings Inc the approval to return $270 million in customer cash, the Wall Street Journal reported on Thursday.
...
Warner Bros. Discovery Inc (WBD.O) on Thursday laid out a new strategy that will merge the HBO Max streaming service with Discovery+ while vowing to take aim at Marvel’...
Beyond Meat Inc (BYND.O) on Thursday lowered its revenue forecast for the year and announced job cuts as rising inflation hurt the company’s efforts to make its pricier ...
Saudi Arabia has registered a budget surplus of nearly 78 billion riyals ($21 billion) in the second quarter of 2022, the finance ministry said on Thursday, an almost 50 per cent rise from a ...
House prices in Britain fell the first time in more than a year in July in monthly terms and the market is likely to weaken further as interest rates go ...
Visa (V.N) and Mastercard (MA.N) on Thursday said they had suspended ties with the advertisement arm of MindGeek, owner of website Pornhub, after a lawsuit raised questions over ...
While most sectors continue to feel the dire effects of rising inflation, partly the result of the tumultuous geopolitical landscape, European IT security spending is expected to continue to steadily ...
Italy is close to clinching a deal initially worth $5 billion with Intel (INTC.O) to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on ...
Wall Street has lowered earnings expectations for once high-flying fintechs Coinbase (COIN.O) and Block (SQ.N), as a chill in the cryptocurrency market adds more pain to the companies ...
People can pay for a slushie with crypto in the streets of “Bitcoin Valley,” a project in the Honduran tourist enclave of Santa Lucia through which the country has entered ...
A former Coinbase Global Inc (COIN.O) product manager and his brother pleaded not guilty on Wednesday to wire fraud charges in what US prosecutors called the first insider trading ...
A new bill introduced in the US Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies.
The measure, introduced by the top Democrat ...
Lucid Group (LCID.O) on Wednesday halved its production forecast for electric vehicles, blaming extraordinary supply chain and logistics challenges, sending its shares down 10 per cent after the bell.
The ...