IBT Staff Reporter

Britain's payment systems regulator (PSR) will conduct two market reviews of card fees charged by Visa and Mastercard, the U.S.

Britain's payment systems regulator (PSR) will conduct two market reviews of card fees charged by Visa and Mastercard, the U.S.

Standing on a snowy mountainside about 2,500 metres above sea level, Eric Marechal holds up a crimson test-tube.

The Bank of England's monetary policy must focus on its main goal of controlling inflation, rather than trying too hard to stabilise the exchange rate or economic activity, its chief economist Huw Pill said on Tuesday.

South Korea space rocket launch puts satellites in orbit

Elon Musk, CEO of Tesla, said a 10% cut in salaried staff at the electric car maker will happen over three months, as the world's richest man predicted a U.S.

Elon Musk said there are still a few unresolved matters with his Twitter deal including the number of spam users on the system and the coming together of the debt portion of the deal.

Patten hits outs at China's 'vengeful' acts in Hong Kong

Japan Airlines (JAL) plans to make a decision in a year or two on the replacement of its ageing fleet of Boeing Co 767s and Embraer SA regional jets, a senior executive said on Tuesday.

'We are ready', Ukraine towns insist as Russians advance

Tens of thousands of workers walked out on the first day of Britain's biggest rail strike in 30 years on Tuesday, with millions of passengers facing days of chaos as both the unions and government vowed to stick to their guns in a row over pay.

Tens of thousands of workers walked out on the first day of Britain's biggest rail strike in 30 years on Tuesday with passengers facing further chaos as both the unions and government vowed to stick to their guns in a row over pay.

Britain's biggest rail strike in 30 years kicked off on Tuesday as tens of thousands of staff walked out in a dispute over pay and jobs that could pave the way for widespread industrial action across the economy in coming months.

For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings - and earn some spending money from its double-digit interest rates along the way.

Standing by his swimming pool at his home in an affluent Madrid suburb, retired engineer Juan Manuel Cosmes Cuesta enthuses over the 30% state subsidy he will get for installing solar panels that have already more than halved his monthly power bills.

U.S. President Joe Biden is considering scrapping tariffs on a range of Chinese goods to curb inflation, but no decision is likely before next week's Group of Seven summit, people familiar with the matter said.

Leonardo's U.S.-based electronics unit, DRS, has agreed to buy Israel's RADA Electronic Industries, the Italian defence group said on Tuesday, paving the way for the combined business to list on the Nasdaq stock exchange.

Japanese Prime Minister Fumio Kishida said on Tuesday the central bank should maintain its ultra-loose monetary policy, brushing aside opposition calls that the policy be tweaked to target Japan's rising cost of living.

Dead rivers: The cost of Bangladesh's garment-driven economic boom

Crypto lending may not be down and out, but it's certainly on the ropes.

About 800 Syrian refugees are returning to their country from Turkey every week but conditions are not suitable for a large number of voluntary returns, an official from the United Nations refugee agency said.

Philippine ports and gaming tycoon Enrique Razon on Tuesday launched an up to 28 billion pesos ($515 million) initial public offering (IPO) for his infrastructure and energy holding firm, according to a corporate filing.

Philippine ports and gaming tycoon Enrique Razon is weighing up launching an initial public offering (IPO) worth up to $400 million for his infrastructure and energy holding company, three sources familiar with the matter said on Tuesday.

British Prime Minister Boris Johnson could this week lose two parliamentary seats that once illustrated his broad appeal, showing his declining popularity that could spur his party to try to find a way to oust him.

Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel already rampant inflation for years to come.

A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity from plant closings since 2019, a Reuters analysis of federal data shows.

Modern phoenix: The bird brought back from extinction in Japan

It defies logic that one of the world's biggest exporters of liquefied natural gas (LNG) and coal is struggling to ensure enough domestic supplies to keep the lights on, but that is Australia's current reality.

It defies logic that one of the world's biggest exporters of liquefied natural gas (LNG) and coal is struggling to ensure enough domestic supplies to keep the lights on, but that is Australia's current reality.