Business

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 ...

Amid turbulent market conditions, smart investors find their best entries in the early stages of a promising crypto project. Gnox is one of them that has caught everyone off guard ...

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’...

The defence of laches must state the adverse effect on the defendant Taking legal steps on time in pursuing a right protects a plaintiff from the defence of statutory limitation ...

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 ...

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 ...

China plans to sort U.S.-listed Chinese companies based on the sensitivity of the data they hold in an attempt to stop U.S. regulators from delisting hundreds of ...

Global stocks were marginally higher on Friday, eyeing a sixth day of gains as European markets rose, while weak euro zone business activity data hit the euro and weighed 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 ...

Amazon.com Inc AMZN.O agreed to buy primary care provider One Medical ONEM.O for $3.49 billion, expanding the e-commerce giant’s virtual healthcare and adding brick-and-mortar doctors’ offices for ...

Cyprus has already overcome the loss of Russian maritime trade due to European sanctions and the Mediterranean shipping hub is chasing business expansion in Japan and elsewhere in Asia as ...

Royal Mail is losing one million pounds a day, the British post and parcel delivery firm said, as it struggles to cut costs as inflation-hit consumers cut back on online ...

Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in a boost for manufacturers after a long struggle ...

Cyprus has secured funding worth €3.75 million from the EU for the implementation of the first national quantum communications network in the country, a statement released by the deputy ministry of ...

The European Central Bank raised interest rates by more than expected on Thursday, confirming that concerns about runaway inflation now trump growth considerations, even as the euro zone economy reels ...

Microsoft’s MS Teams was back up for most users, the company said on Thursday, after an hours-long outage that disrupted the chat application for tens of thousands of customers ...

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 ...

The Spanish government will not order consumers to limit their gas consumption, Energy Minister Teresa Ribera said on Thursday, after Spain said it would oppose a European Union proposal to ...