Economy & Business

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Why Fed rate hikes used to cause the classic emerging-market crisis but now seem to boomerang on the US

Why Fed rate hikes used to cause the classic emerging-market...

Once at the mercy of Fed policy, much of the world is now resistant to the interest-rate...

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German giant overtakes Tesla as world’s most valuable auto brand

German giant overtakes Tesla as world’s most valuable auto...

Mercedes-Benz is leading with high-end focus amidst electric challenge, particularly...

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UK unveils new Russia sanctions

UK unveils new Russia sanctions

London’s new restrictions on Moscow target more than 50 individuals and entities,...

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‘Investors don’t morally care’ – CEO explains why Oreo’s remain in Russia

‘Investors don’t morally care’ – CEO explains why Oreo’s...

The shareholders of sweets manufacturer Mondelez International have not requested...

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France seizes €120mn Russian-owned villa

France seizes €120mn Russian-owned villa

Paris prosecutors believe the luxurious Villa Maria Irina belongs to Russian energy...

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French food giant plans to sell Russian business – FT

French food giant plans to sell Russian business – FT

Danone’s rebranded operations will be sold to a local dairy group for over $190...

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Russia tears up Soviet-era fishing agreement with UK

Russia tears up Soviet-era fishing agreement with UK

Russia’s State Duma has approved a draft law rescinding a 1956 treaty that allowed...

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Chinese competitor to Boeing and Airbus makes international debut

Chinese competitor to Boeing and Airbus makes international...

The nation’s first domestically produced narrow-body jet, the C919, is being showcased...

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Russian oil giant reports major profit surge

Russian oil giant reports major profit surge

Rosneft’s net income surged to $14 billion last year despite sanctions on the country’s...

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Dutch court denies Russia’s appeal of $50bn Yukos award

Dutch court denies Russia’s appeal of $50bn Yukos award

Moscow has stated that foreign courts have no jurisdiction in the case of a Russian...

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Poverty in Argentina soars to record high – study

Poverty in Argentina soars to record high – study

Levels of poverty in Argentina have hit a two-decade high amid President Javier...

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Wall Street trading heralds the arrival of Bitcoin

Wall Street trading heralds the arrival of Bitcoin

The world’s leading cryptocurrency has more than doubled in value since last year...

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Israel’s economy shrinks by a fifth – data

Israel’s economy shrinks by a fifth – data

Israel’s economy slumped by 19.4% in the final quarter of 2023 due to plummeting...

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Global LNG demand to surge 50% – Shell

Global LNG demand to surge 50% – Shell

Demand for liquefied natural gas across the globe is expected to rise by over 50%...

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Shipping giant warns of prolonged Red Sea crisis

Shipping giant warns of prolonged Red Sea crisis

Houthi rebel attacks on freight ships will continue to unravel the key global trade...

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BRICS to see 85% surge in millionaires – report

BRICS to see 85% surge in millionaires – report

The bloc is projected to become the world’s new wealth powerhouse by 2034, according...