The burden will ultimately be shared between firms and workers, the head of the European Central Bank warns The euro area won’t be able to recover...
The distiller has accused the creator of Bad Spaniels of violating trademark law Lawyers for distiller Jack Daniel’s will take on a pet accessory maker in...
The former senior executive says the Fed must cut rates and guarantee deposits held by regional lenders The banking crisis could swallow another 50 regional lenders...
The banking crisis has shattered the country’s reputation as a pillar of the Western financial system, CEO of Opimas claims The troubles of once-major Swiss investment...
The retail giant has confirmed new cost-cutting, saying an additional 9,000 workers will be let go after firing 18,000 employees in January America’s Big Tech bloodletting...
Bill Ackman says the government made “a-soon-to-be-irreversible mistake” in its treatment of the failed bank Billionaire US investor and hedge fund manager Bill Ackman on Saturday...
Russia was the fourth-largest exporter of the super-chilled fuel to Spain last year, official data shows Spain’s imports of liquefied natural gas (LNG) from Russia more...
Investors are reportedly worried about the safety of their assets after Switzerland froze billions in Russian funds Executives at major banks in Switzerland have warned that...
The Islamic Republic says settlements in local currencies will pave way for a broader cooperation with African nations Iran has suggested the establishment of a joint...
The number of insolvencies in Sweden has been rising amid slowing consumption, the outlet reports Bankruptcies in Sweden soared for the seventh consecutive month in February...
The country may not be able to meet its energy needs with its own resources at peak loads in the coming years, a study says Germany...
Britain’s hospitality sector could lose thousands of jobs amid soaring energy costs, the British Beer and Pub Association (BBPA) has warned, as it called on the...
The Chinese currency has outperformed the greenback by volume of trading on the Moscow Exchange for the first time on record The Chinese yuan has overtaken...
The great stagflationary debt crisis will hit markets this year, the famed economist warns The world is facing the “perfect storm” of high inflation, rising interest...
Unusually warm weather and strong winds continue to ease concerns over energy supplies Spot prices for natural gas in the EU dropped below $500 per thousand...
Germany and Italy will face a downturn by the end of the year despite relief measures, the rating agency predicts Germany and Italy will slide into...
The cost of food will surge again this month in the Eurozone’s second-largest economy Inflation in France will accelerate to reach 10% in March but the...
Brussels wants to ensure compliance with existing penalties instead of adding new ones, diplomats told the news outlet Photo: Brussels The EU will shift from imposing...
Activity in China’s manufacturing sector accelerated at its fastest pace in more than a decade in February due to a production rebound from Covid restrictions, the...
Lithuania has called the latest European Union sanctions a “compromise” and wants to expand them Lithuania will keep pressing Brussels to place restrictions on Russian atomic...
