Business

Tesla Inc (TSLA.O) lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to ...

European diesel imports from Russia are set to fall in April but will still exceed those from other regions, highlighting the challenge European governments face as they contemplate new sanctions ...

The euro fell below $1.06 for the first time in five years against a broadly strong US dollar on Wednesday amid rising concerns around energy safety and growth slowdown in China ...

News just in that the “sale of the century” has taken place and Twitter has been purchased by the world’s richest man! Elon Musk, the billionaire CEO of Tesla ...

The hotel occupancy rate in the Paphos district during the Catholic and Orthodox Easter period stood at 60 per cent, according to the president of the Paphos hoteliers association (Pasyxe) Thanos ...

A British judge on Tuesday denied a request by Qatar Airways to force Airbus (AIR.PA) to keep building A321neo jets for the Gulf airline, in a setback to ...

Cyprus’ trade deficit in January of this year amounted to €523.6 million, compared to €434.3 million in the corresponding month of 2021, according to data released on Tuesday by the Cyprus Statistical Office (...

A Moscow court has ordered the seizure of 500 million roubles ($7 million) worth of Google’s property and funds in Russia, news agencies said, in a lawsuit concerning restrictions the US ...

The number of commercial flights to and from Cyprus in March 2022 were 17 per cent lower than pre-pandemic levels, according to data released by Eurostat. The decline for Cyprus was softer ...

Ether has promised to do better. It has promised to go to the next level, edging out crypto rivals and even outshining the godfather, bitcoin. But the clock’s ticking. ...

The digital world has seen a lot of attention lately, as with the onset of the metaverse and the most popular acronym on the lips of everybody, NFTs. Oh, golly! ...

British grocery inflation hit 5.9 per cent in April, its highest level since December 2011, forcing shoppers to seek out value, increasingly at discounters Aldi and Lidl, industry data showed on Tuesday. ...

The digital world has seen a lot of attention lately, as with the onset of the metaverse and the most popular acronym on the lips of everybody, NFTs. Oh, golly! ...

The cost of living crisis in Britain will have a severe impact on economic growth this year but the Bank of England will still lift interest rates again next week, ...

London’s Heathrow Airport raised its 2022 forecast for passengers to 52.8 million on Tuesday, representing 65 per cent of pre-pandemic levels, driven by demand for leisure travel, but it expected numbers to ...

The Russian rouble strengthened on Monday, firming past 77 against the euro to a near two-year high, helped by tax payments that companies are due to make this week and as ...

The decentralized finance (DeFi) ecosystem has continually suffered three major challenges: scalability, security, and decentralization, also called the “scalability trilemma,” as described by Ethereum’s inventor, Vitalik Buterin. These problems ...

Coca-Cola Co (KO.N) beat quarterly revenue and profit expectations on Monday, helped by higher prices and a rebound in demand for its sodas at theaters and restaurants. Consumer goods ...

Elon Musk clinched a deal to buy Twitter Inc TWTR.N for $44 billion cash in a transaction that will shift control of the social media platform populated by millions of ...

Craig Fuller monitors millions of transactions between US truckers and their customers as chief executive of transportation data company FreightWaves – and he does not like what he is seeing. There ...

The German government is set to hike its inflation forecast for this year to 6.1 per cent due to the impact of the war in Ukraine, up from 3.3 per cent it ...

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will ...

Israel’s Econergy Renewable Energy (ECNR.TA) has partnered with Greece’s Terna Energy (TENr.AT) to develop 460 megawatts (MW) of solar plants in Greece, it said on Monday. Econergy ...

Twitter Inc (TWTR.N) is poised to agree a sale to Elon Musk for around $43 billion in cash, the price the chief executive of Tesla Inc (TSLA.O) has called ...