A recent survey by Visa Inc has revealed that almost 25 per cent of small sized businesses spread across nine countries around the world intent to accept cryptocurrencies as a mode of payments for products and services in 2022. The survey also found that about 13 per cent of the consumers in those...

Fresh bank lending for December in China declined more than predicted from the previous month, but credit for the entire year 2021 hit a new high as the central bank gradually increases policy assistance to cushion the weakening economy.   According to data provided by the People's...

The Omicron variant of the coronavirus possessed a much higher rate of "asymptomatic carriage" when compared to the earlier variants of the virus which would be an explanation of the very high speed of its spreading throughout the world, showed preliminary findings from two South African clinical...

On Monday, oil prices rose somewhat as supply interruptions in Kazakhstan and Libya outweighed concerns over the rapid global spread of Omicron infections.   At 0406 GMT, Brent crude was up 16 cents, or 0.2 per cent, to $81.91 a barrel, while WTI crude in the United States was up 15 cents,...

While pure electric cars are generating headlines, industry data shows that their gasoline-electric hybrid counterparts had quietly reached record sales in the United States last year.   While auto companies such as Tesla Inc. and Ford Motor Co. promoted electric vehicle sales,...

According to an automobile representative group of the United Kingdom, British car sales will be hit throughout this year and into 2023 because of the global semiconductor chip shortage, which had severely impacted auto production and supply to the market in 2021.   Compared to overall new...

Despite billions of euros in stock trading shifting to the European Union and London giving  up majority of its access to capital markets of the EU, the number of jobs in finance sector migrating away from the UK to the EU as a result of Brexit is lower than previously...

According to a business survey released on Wednesday, China's manufacturing activity slid back into recession in November due to weak demand, declining employment, and rising costs.   In November, the Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) dropped to 49.9 from 50.6 the...

Markets for aviation-related fuels around the world were in a state of flux as several countries increased border security to fight the latest Omicron coronavirus strain, causing travellers to reconsider their travel plans.   According to an earlier report by the International Energy Agency,...

A dozen more Chinese businesses have been added to the US government's restricted trade list, citing national security and foreign policy concerns.   According to Washington, some of the companies are assisting in the development of the Chinese military's quantum computing program.  ...

Chinese authorities will further tighten monitoring over how celebrity information is circulated online, including the publication of personal details and the placement of adverts on websites, said the country’s cyberspace regulator earlier this week.   The aim of the tighter regulation was...