International

Intel has chosen the east German city of Magdeburg as the site for a new multibillion-euro European chip factory and will make the decision public on March 4, a person familiar ...

The European Union has imposed two packages of sanctions on Russia for launching an “unprecedented and unprovoked military attack against Ukraine”. Further sanctions, including the suspension of Russia’s access ...

Germany changed its position on Saturday about imposing restrictions on Russia’s access to the SWIFT global interbank payment system, joining other Western powers in support of harsher sanctions aimed ...

Several companies, including automakers Volkswagen (VOWG_p.DE) and Renault (RENA.PA) and tire maker Nokian Tyres (TYRES.HE), on Friday outlined plans to shut or shift manufacturing operations following ...

By Maria Demertzis In the 2020 revision of monetary policy strategy, the US Federal Reserve adjusted the pursuit of an inflation rate at 2 per cent, to inflation that ‘averages 2 per cent ...

Ukraine, which is locked in a security crisis with Russia, has seen growing investment from China in recent years. China has a strategic interest in Ukraine because of its location, ...

Oil prices jumped on Friday by nearly 3 per cent on concerns of global supply disruptions from the impact of trade sanctions on major crude and fuel exporter Russia after it ...

French Finance Minister Bruno Le Maire said on Friday the option of cutting off Russia from the SWIFT global interbank payments system remained open, but that he viewed this only ...

In the north German state of Mecklenburg-Vorpommern, where former Chancellor Angela Merkel was born, ties to Russia run deep – so deep, in fact, its leaders have defended a Kremlin project ...

Europe’s financial sector scrambled on Thursday after Russia invaded Ukraine, with Allianz (ALVG.DE)disclosing it had frozen its Russian government bond exposure and top British domestic lender Lloyds ...

The European Union is unlikely at this stage to take steps to cut Russia off from the SWIFT global interbank payments system as it works on a new package of ...

Oil prices broke above $100 a barrel for the first time since 2014, stock markets slumped and the rouble hit a record low on Thursday after Russian President Vladimir Putin launched an ...

The Russian rouble tumbled to a record low on Thursday, the euro sank to a multi-year low to the Swiss franc, and the yen jumped after Russian forces attacked Ukraine, ...

UK’s main stock indexes plunged on Thursday, tracking a sharp drop in global equities as investors shed riskier assets, after Russian forces launched an invasion of Ukraine. The benchmark ...

Oil prices surged on Thursday, with Brent breaching $100 a barrel for the first time since 2014, after Russia attacked Ukraine, exacerbating concerns that a war in Europe could disrupt global energy ...

The United States is poised to unleash a wider array of sanctions against Russia if Moscow escalates the conflict in Ukraine, denying key Russian financial institutions and companies access to ...

The United States, the European Union and Britain announced new sanctions on Russia on Tuesday after Moscow’s recognition of two separatist regions in Ukraine as independent entities. Chief among ...

London’s Heathrow said passenger numbers fell to 19.4 million last year, the lowest since 1972, as it was hit by COVID-19 travel restrictions. Britain’s biggest airport, which recorded a pretax ...

The mission of the International Monetary Fund is starting its work in Ukraine for the second review of the Fund-supported programme, the global lender said on Wednesday. Ukraine hopes that ...

The coronavirus pandemic has had less of an adverse on mergers and acquisitions across the world, according to a report on global trends by professional services network Lex Mundi. “The ...

European banks on Tuesday were bracing for fallout and fresh sanctions after Russia ordered troops into breakaway regions of eastern Ukraine, with HSBC warning of market contagion and Austria’s ...

The rouble tanked on Monday, slipping past 80 against the dollar, while stocks plunged to their lowest in over a year as Russian President Vladimir Putin called for the immediate recognition ...

Bitcoin miners are feeling the heat – and the pain’s rippling downstream to pressure prices. The cryptocurrency’s spectacular rally in 2021 drew thousands of entrants into mining, or producing new ...

HSBC (HSBA.L) aims to cut emissions associated with loans made to its oil and gas clients by 34 per cent this decade, the bank’s sustainability chief told Reuters, marking ...