Business

Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles with prolonged power cuts and a shortage of ...

Wall Street banks’ commodities trading exposures are rising, which could leave them vulnerable to large swings in asset values following Russia’s invasion of Ukraine, first quarter earnings disclosures showed. ...

Oil edged lower on Monday pressured by worries over slowing demand in China, although concern over tight global supply and the deepening Ukraine crisis kept Brent crude above $111 a barrel. ...

British employers are offering annual pay settlements worth an average increase of 2.8 per cent to staff, well below the rate of inflation, a survey showed on Monday. The Chartered Management ...

There has been a rising appreciation for spending time outside and people are wanting to get as much use out of their gardens as possible. There are many different ways ...

He who benefits from a transaction must also bear the burden A basic principle of law is that a person who chooses to accept a right that involves the fulfilment ...

A federal judge has ruled that Tesla (TSLA.O) CEO Elon Musk’s 2018 tweets about having secured financing to take the company private were false, according to court filings by ...

US stock investors worried geopolitical uncertainty and the Federal Reserve’s fight against inflation could dent economic growth are heading for defensive sectors they believe can better weather turbulent times ...

Poland’s biggest fashion retailer, LPP (LPPP.WA), said on Monday it would strengthen its presence in the European Union, shifting focus after suspending its business in Ukraine and closing ...

The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank (SBER.MM), as well as oil, the head of the European Commission Ursula von der Leyen ...

By Andreas Charalambous and Omiros Pissarides In recent decades, inflation in developed economies has been contained at historically low levels. With the onset of the pandemic in early 2020 and the ...

Big Indian crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of cryptocurrency through a widely-used state-backed transfer network, spurring users to renew demands for regulatory ...

Thai masters student Dhidhaj Sumedhsvast didn’t believe in fortune-telling or supernatural powers until the coronavirus pandemic started two years ago. Now, he regularly seeks the advice of fortune-tellers, wears ...

Shipments of some Apple products, as well as Dell and Lenovo laptops are likely to face delays if China’s COVID-19 lockdowns persist, analysts said, as curbs force assemblers to ...

By Kathy Tzilivakis Often there’s a spark of inspiration or a flash of insight. Whatever it is, these ‘Aha!’ or ‘Eureka’ moments have led to some of the world’...

‘Everyone is talking to everyone else right now’ With the energy picture in the region in flux due to the Ukraine war and the global pressure to end dependence on ...

Cyprus’ revenues from ship management rose to €516 million during the second half of 2021, corresponding to 4.2 per cent of Cyprus’ GDP in terms of turnover, according to the Central Bank of ...

6 in 10 businesses said that they will partially pass on increased costs to consumers Cypriot businesses are expecting their turnover to suffer from the adverse effects of the war in Ukraine ...

The demand for apartments and houses for rent in Chloraka has increased this year, primarily among Germans and Northern Europeans, Chloraka mayor Nikolas Liasides said on Friday. In statements made ...

By Maria Demertzis The world’s priority is to end the war. However, when a permanent member of the UN Security Council invades a country, there is more at stake ...

Cyprus and Lebanon are ready to cooperate and exploit undersea gas fields between the two countries, according to Lebanese Foreign Minister Abdallah Bou Habib, who was on an official visit ...

Soaring world energy costs are piling pressure on Turkey’s state energy importer BOTAS to further hike prices as it falls deeper into the red, even as manufacturers complain that ...

Tesla Inc (TSLA.O) CEO Elon Musk on Thursday stepped up criticism of the US securities regulator, calling Securities and Exchange Commission officials “bastards” for bringing fraud charges against him ...

Moody’s said Russia may be in default because it tried to service its dollar bonds in roubles, which would be one of the starkest consequences to date of Moscow’...