Business & Money

The British pound fell sharply on Wednesday amid the COVID-19 crisis, hitting its lowest level against the U.S. dollar since 1985. Sterling dropped to as low as 1.149 against U.S. dollar during the trading day, […]

The European Central Bank (ECB) on Wednesday announced a new temporary asset purchase program covering private and public sector securities that has an overall envelope of 750 billion euros (819 billion U.S. dollars) to counter […]

Russian shares fell to new lows on Wednesday following a worldwide decline in the stock and commodity markets, Moscow Exchange data has shown. Immediately after the opening, the RTS Index plummeted to 894.25 points, the […]

The European Central Bank (ECB) on Wednesday said that it will continue to monitor the economic consequences of the coronavirus and that it stands ready to adjust all of its measures in addition to the […]

The Volkswagen Group increased sales revenues by 7.1 percent to 252.6 billion euros (279.1 billion U.S. dollars) in the fiscal year 2019, the German car manufacturer announced on Tuesday. At the same time, operating profit […]

The Italian Stock Exchange had its second-biggest gains in nearly a month during Tuesday’s trading session, but that wasn’t nearly enough to offset the battering the markets took since the start of the coronavirus outbreak […]

To simplify and further de-risk operation, British supermarket giant Tesco has agreed to sell its businesses in Thailand and Malaysia in a deal with value of 10.6 billion U.S. dollars on a cash and debt […]

Introduction I am delighted to be the first Trade Secretary to represent the UK’s independent voice at an international meeting since Peter Walker, almost half a century ago. The UK has now, following its exit […]

The seasonally adjusted unemployment rate in Ireland stood at 4.8 percent in February, down 0.2 percentage points from the February 2019 figure of 5 percent, according to data released by the country’s Central Statistics Office […]