A crypto platform’s pledge to amass $10 billion worth of bitcoin to back its own “stablecoin” is firing up the market. It’s part of a wider movement to crown ...
Britain’s jobless rate slipped further below its level immediately before the coronavirus pandemic, underscoring the risk of inflation pressure in the labour market that has the Bank of England ...
The rouble weakened sharply on Monday, reversing some of the previous week’s gains, after Russia relaxed temporary capital control measures aimed at limiting a drop in the currency.
Shares ...
The Bank of Israel raised its benchmark interest rate (ILINR=ECI) for the first time in 3-1/2 years on Monday, as expected, to combat rising inflation partly caused by robust ...
Britain’s economy slowed more sharply than expected in February, reflecting a hit to car production from component shortages, storm disruption and reduced health spending as households braced for a ...
Turkey’s current account registered a deficit of $5.15 billion in February, more than double the amount in the same month last year, data from the central bank showed on Monday, ...
Samsung Electronics’ (005930.KS) flagship Galaxy S22 smartphone has taken a battering from reports of hobbled performance and has seen carriers halve its price at home in South Korea just weeks ...
Egypt’s annual urban consumer price inflation accelerated in March to 10.5 per cent, its highest in nearly three years and faster than analysts had expected, data from the state statistics ...
Ukraine’s economic output will likely contract by a staggering 45.1 per cent this year as Russia’s invasion has shuttered businesses, slashed exports and destroyed productive capacity, the World Bank ...
The Russian government said on Sunday it has increased its reserve fund used for emergency spending by 273.4 billion roubles ($3.52 billion) to ensure economic stability against the backdrop of Western sanctions ...
Chemicals and energy giant INEOS has offered to develop a shale gas test site in Britain to demonstrate to the government that extraction by fracking can be performed safely.
The ...
Newly refined Russian platinum and palladium was suspended from trading in London from Friday, denying access to the metals’ biggest trade hub in the latest in a growing list of ...
By Alicia Garcia-Herrero
The unprecedented sanctions imposed on Russia in the wake of its invasion of Ukraine will devastate its economy, but the extent of the severity partially depends on ...
Elon Musk, Twitter Inc’s (TWTR.N) biggest shareholder, on Saturday suggested a raft of changes to the social media giant’s Twitter Blue premium subscription service, including slashing its ...
By Jonathan Smith
Food systems are highly complex and interconnected. If our grocery stores and kitchens are to have a future with packed shelves, we need to be able to ...
Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to extend the use of national currencies and integrate payment systems, the finance ministry said on ...
Global ratings agency Moody’s on Friday upgraded Government of Israel’s outlook to “positive” from “stable” and affirmed sovereign credit rating at “A1”
Moody’s said the key drivers ...
Jarindr Thitadilaka says he made as much as $2,000 a month last year from his collection of digital pets, which he would breed and send into battle to win cryptocurrencies.
The 28...
The International Monetary Fund (IMF) said on Thursday it had reached a preliminary agreement with Lebanon for a four-year extended fund facility that would only get full approval from the ...
Russia’s central bank said on Thursday that due to a “significant change in market conditions” it would buy gold from commercial banks at a negotiated price from April 8.
On ...
Cancelled flights and long queues at British airports caused by a lack of staff due to the coronavirus pandemic will hit confidence and hold back recovery unless the problems are ...
The war in Ukraine and the sanctions imposed on Russia have ended seven consecutive quarters of growth in the PC market in Europe, the Middle East and Africa (EMEA), said ...
Lebanon’s parliament is ready “with great seriousness” to secure the necessary legislation and reforms to make a programme supported by the International Monetary Fund (IMF) a success, parliament speaker ...
Airbus (AIR.PA) and Qatar Airways are set to face each other in court as a dispute over billions of dollars of jets enters a theatrical phase and rattles some ...