International Financial News

Venezuela’s top prosecutor has announced the arrest of a former oil minister and accused him of working with the U.S. government to undermine the industry that drives the country’s economy

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

electric vehicles will have «far-reaching» impacts on investment, production, international trade and employment, the International Monetary Fund said on Tuesday as part of its update to global economic growth forecasts. The analysis was included in the IMF's latest World Economic Outlook, which was released as policymakers meet at the IMF and World Bank annual meetings this week to discuss efforts to boost global growth, deal with debt distress and finance the green energy transition. «The rising adoption of electric vehicles represents a fundamental transformation of the global automotive industry. It will have far-reaching consequences,» the IMF said.

The global war against inflation has largely been won — and at surprisingly little cost to economic growth, the International Monetary Fund has declared

Abercrombie & Fitch CEO Mike Jeffries, his romantic partner and a third man have been arrested on sex trafficking and interstate prostitution charges

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U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation on future returns

Delhi Police has registered eight separate FIRs in connection with bomb threats to more than 90 domestic and international flights over the past eight days, officials on Tuesday said. The affected flights include services from Akasa, Air India, IndiGo and Vistara, operating from Delhi to various domestic and international destinations, they said, adding the investigation is underway. According to a senior police officer, the threats messages were received through anonymous posts on X which were later suspended by the authorities. The officer said three accounts on social media platform 'X' — @adamlanza111, @psychotichuman and @schizobomer777 have been found involved in posting threat messages to fights.

BRICS Summit 2024 at Kazan in Russia will be watched keenly by the United States. The BRIC grouping, including Brazil, Russia, India, and China, was formally started in 2006. In 2009, the first BRIC Summit was held in Russia.

Subscribe to enjoy similar stories. The U.S. is increasingly pulling ahead of the world’s advanced economies, with a surge of investment paying off in higher productivity and wages.

Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on The Big Money Show.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

France has announced its decision to maintain internal border controls until April 30, 2025, due to heightened terrorist threats and concerns over irregular migration. The French authorities formally notified the European Commission that border controls with neighboring Schengen countries—Belgium, Spain, Luxembourg, Switzerland, Germany, and Italy—will not conclude on October 31, 2024, as initially scheduled. The extension follows the country's ongoing concerns over public safety. France's current border control measures will end on October 31, 2024, and a new set of controls will take effect from November 1, 2024. The decision comes amid threats related to terrorist activities, the presence of criminal networks involved in illegal migration, and migration flows that could potentially include radicalized individuals.

Treasury Secretary Janet Yellen is telling world financial leaders that the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks...

Subscribe to enjoy similar stories. Go First, the grounded airline entangled in bankruptcy proceedings, is seeking permission for a foreign funding lifeline to pursue a high-stakes arbitration case against Pratt & Whitney. If granted, the move would mark an unprecedented shift in India’s Insolvency and Bankruptcy Code (IBC), potentially reshaping how distressed companies fund litigation.

Subscribe to enjoy similar stories. New Delhi: State-run NLC India Ltd is looking to raise about ₹4,500 crore through the initial public offering (IPO) of its subsidiary NLC India Renewables Ltd (NLCIRL) in April-June 2025, according to its top executive. NLC will offload 51% shares of the renewable energy arm, Prasanna Kumar Motupalli, chairman and managing director (CMD) at the public sector lignite miner, told Mint.

As part of a sweeping swathe of reforms spearheaded by the group's new CEO Georges Elhedery, HSBC will operate through four business divisions with clear lines of responsibility, one is which will be the international wealth and premier banking division.  The business will bring together its premier banking-focussed businesses outside of Hong Kong and the UK, its global private bank, and wealth manufacturing businesses, asset management and insurance, the lender said in a stock exchange notice today (22 October). These changes are set to come into effect from 1 January 2025. HSBC w...

New York magazine says the publication and star political reporter Olivia Nuzzi have decided jointly to “part ways."

Meghalaya is all set to celebrate the “Year of Legends” as the highly awaited Shillong Cherry Blossom Festival 2024 returns with a spectacular edition on November 15-16, at the RDSA Sports Complex in Shillong. The festival has become one of India’s most exciting cultural events, with a fusion of culture, music and nature. This year, it an unforgettable experience as it is going to offer not only the beauty of cherry blossoms but also, an extraordinary lineup of international musical sensations and homegrown stars. Day-1 of the festival will set the stage with a legendary musical experience. Festival Goers will be treated to performances by BONEY M as part of their Farewell Tour. This, is once-in-a-lifetime opportunity to witness the iconic band live. Joining them will be the soulful Jasleen Royal and international sensation Lucas.

Air India received bomb threats for their international and domestic flights, on Monday night. After safely disembarking the customers, Indigo informed that they were working closely with the relevant authorities and standard operating procedures were being followed. Indigo, in its press release, announced that they received a security-related alert on nearly 10 flights including domestic and international. The flights that received the bomb threat are 6E 164 (domestic), 6E 75 (international), 6E 118 (domestic), 6E 67 (international), 6E 18 (international), 6E 83 (international), 6E 77 (international), 6E 12 (international), 6E 65 (international), 6E 63 (international). It must be noted that most of these international flights were bound for Jeddah in Saudi Arabia or bound for India from Istanbul in Turkey.

Subscribe to enjoy similar stories. Bengaluru-based logistics startup Porter is looking to double its domestic geographical presence in the next 3-4 years, even as it seeks to expand its international operations beyond Dubai, a market it entered last year. The company, which is currently present in about 22 cities, including 7-8 metro cities, is looking to expand to nearly 40 cities in the coming years, Uttam Digga, co-founder and CEO of Porter, told Mint.