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The European Central Bank has written to about 20 lenders to warn them that it will impose fines

By Tom Westbrook SINGAPORE Asian stocks backed away from 2-1/2-month highs on Wednesday and the dollar found support

Mollify 150 million potentially jittery users, placate belligerent US regulators and keep high-profile founder Changpeng Zhao onside. These

Airline SAS AB received approval from a bankruptcy court in New York for a $1.2 billion rescue package

Enel SpA is targeting adjusted net income of between €6.6 billion ($7.2 billion) and €6.8 billion in 2024

Japanese companies planning to expand their business in China have fallen to a record low, as geopolitical tensions

Indian Prime Minister Narendra Modi will host a virtual meeting of leaders of the Group of 20 Wednesday,

North Korea claimed it successfully put a spy satellite into orbit after two attempts earlier this year ended

Authorities in Iceland fear stormy weather conditions could affect monitoring systems as the country awaits an “imminent” volcanic eruption. Just 165 small tremors have been recorded in the affected region since midnight on Monday, compared to the thousands that jolted the town of Grindavik in the days prior. The Icelandic Meteorological Office (IMO) says the volcano could erupt with just 30 minutes’ notice as magma is now sitting just below the earth’s surface. The wait for the eruption is gripping the country, with thousands glued to a live stream showing a glowing red rift in the ground running through Grindavik. The IMO said it is likely the adverse weather conditions are impacting “both the sensitivity of earthquake detection and real-time GPS monitoring”. Kristín Jónsdóttir, a senior IMO official, said people will “just have to wait in suspense for the next few days” to see how events play out. She said decreasing earthquake activity could also be a sign that magma has reached very close to the earth’s surface, adding that the scenario is not unlike what was seen prior to a previous eruption in 2021. Read More When will the Iceland volcano erupt and what happens when it does? Iceland braces for ‘imminent’ volcanic eruption with just 30 minutes warning Is it safe to travel to Iceland? Your rights if you have a holiday booked ‘It’s like a dystopian movie’: Iceland residents describe ‘apocalyptic’ scenes as they flee volcano threat

It’s now likely this will be a record year for heat — a stark reminder of the consequences

As Israel wages its war in the Gaza Strip, officials across the world are united in trying to

Italian Prime Minister Giorgia Meloni could be forgiven for feeling any schadenfreude this week while looking on at