The European Central Bank (ECB) left key interest rates unchanged at the end of the September meeting. The ECB left interest rates on loans at zero level. The regulator also retained the deposit rate at the level of minus 0.4% per annum, the rate for marginal loans - at the level of 0.25% per...

A statement issued by Russia and China states that 73 joint investment projects which totals up to a value of more than $100 billion is being contemplated by a group of business houses and firms from Russia and China.   Both Russia and China are facing the ire of the United States in the...

According to a forecast by plane maker Boeing Co, in the next few decades, planes worth more than $1.2 trillion would be purchased by Chinese airlines so that the country is able to keep up with the rise in demand for flights. This is the second time in as many years that the American plane...

The Federal Union for Consumer Protection (Verbraucherzentrale Bundesverbands, Vzbv) of Germany and the German automobile club ADAC intend to file a collective claim in November against the Volkswagen concern in connection with the diesel scandal and demand compensation for the buyers. Such a...

Lawmakers around the world are discussing general regulatory framework for crypto-currency assets, so crypto lobbyists are interested in joining this process and influencing development of new laws governing crypto-currency activities. So, a number of blockchain funds, stock exchanges and start-ups...

The financial position of Taiwanese smartphone and tablet HTC keeps deteriorating. The fall in annual terms was at the level of $ 54. Last month, the company reported revenues of approximately 1.39 billion Taiwan dollars ($ 45.2 million). Only 0.77% were missing to hit the result of July, but in...

After Britain's withdrawal from the EU, London will cease to be the financial capital of the European Union. Which city will take its place: Paris or Frankfurt am Main? Which city will become the financial capital of Europe instead of London after the UK withdraws from the European Union? At least...

China coffee market is set to witness a fight of the titans because tow of the country’s largest tech firms is entering the fray to take advantage of the growing Chinese appetite for coffee.    The setting up of a partnership between Chinese coffee start-up Luckin and the Chinese social...

IBM believes that every business - from shipping to banking, would be changed significantly because of blockchain technology and the tech company wants to put its bet on this.   Industry watchers say it's a risky move, given the relative novelty of the technology and the hype...