Turkey’s export sales reached a record high last year as the depreciation of the lira made business products more competitive abroad, while the country also benefited from closer economic ties with Russia. Turkey recorded a 13 percent increase in exports…
A worsening macroeconomic climate and the collapse of industry giants like FTX and Terra have weighed on bitcoin prices this year. STR | Nurphoto via Getty Images 2022 is a tough year for crypto. More than $1.3 trillion has been…
“What a year,” said a Fortune Crypto team member—at least once a week. Every month sees a new crisis Hollywood prepares for in the volatile industry, from the $625 million hack of the controversial play-to-ear. Infinite Axie in March to…
The author is the German finance minister German industry and society have once again proven to be more resilient and adaptable than certain people feared. Scary scenarios of dangerous energy rationing or a major downturn in our economy are often…
Virtual singer Luo Tianyi performed with world famous pianist Lang Lang in 2019 at the Mercedes-Benz Arena in Shanghai, China. Launched in 2012, Luo Tianyi has nearly 3 million fans and even performed at the opening ceremony of the Winter…
Brussels plans to overhaul the bloc’s electricity market to prioritize cheaper renewable power, the EU energy commission said, despite industry warnings that the reform could stifle investment in wind and solar farms. Kadri Simson said the European Commission is under…
Some of the biggest questions about the market’s performance in 2023 may find answers in the first quarter of the year. Investors wonder if the economy will go into recession, and if the stock market will continue to sell off…
Asset managers are scrambling to boost assets and enter new markets while keeping costs down into partnerships that separate responsibility for sales and clients from actual investment. Enthusiasm for “subadvisory” contracts is particularly high among European money managers looking to…
Tis the season for the post-holiday blues. Switching back to work mode after a few days of sleeping in, opening presents and popping champagne can be brutal. But even though the holiday magic spell may be wearing off, you don’t…
ExxonMobil and Chevron are expected to make a combined profit of almost $100bn from 2022 as the US corporate oil giant capitalizes on soaring fossil fuel prices following Russia’s invasion of Ukraine. The profit bonanza is seen by oil majors…