Lithuania has tightened regulation of cryptocurrencies and businesses that deal with crypto-assets and instituted licensing in this domain. The pertinent legislative changes, notably to the statute pertaining to cryptocurrency markets, were approved by the Lithuanian Seimas on Thursday. The...

The British Central Bank's senior economist, Huw Pill, told the Financial Times that the Bank of England is still making "substantial progress" in the fight against inflation. Simultaneously, he observed that core inflation retains its "discomfortingly resilient" nature, given the rate of wage...

Salty brine drawn from far below the earth's surface fills a large tank two floors high with black tubes in an arid plain in the highlands of northern Argentina.   The brine includes lithium, a silvery white metal that is in great demand as the globe moves towards renewable energy sources...

Following a surge in U.S. equities, which might soon be put to the test by impending corporate earnings reports and escalating political unpredictability, the likelihood of short-term interest rate reductions is supporting the argument for investors to be positive.   With Fed Chair Jerome...

Climate change, disruptions in supply, and new restrictions from the European Union will push up costs for roasters, which will translate into higher coffee prices for end users, according to Italian company Lavazza’s Chair Giuseppe Lavazza. Lavazza told the Financial Times, "Coffee prices are not...

Although hiring in the government and healthcare sectors accounted for nearly three-quarters of the payroll gain in June, U.S. employment increased solidly. Meanwhile, the unemployment rate reached a two-and-a-half-year high of 4.1%, indicating a weakening labour market that keeps the Federal...

As a result of massive pay increases granted by businesses during yearly wage talks, Japanese workers' average base pay increased by 2.5% in May, marking the highest rate of increase in 31 years. Part-time employees witnessed especially significant increases.   However, as a result of rising...

According to Federal Reserve Bank of New York President John Williams, the Fed has successfully slowed the rate at which consumer prices are rising in the United States, but it has not yet reached its inflation target. Williams stated at a Reserve Bank of India event in Mumbai that "at this point,...

According to Luis Gallego, CEO of International Consolidated Airlines Group S.A. (IAG), European airlines would have to increase ticket prices to offset the expense of cutting harmful emissions, as reported by the Financial Times. Gallego said that abandoning flying would have a significant effect...