#BusinessPick

World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation and act as a drag on the ...

Limassol port management company DP World Limassol on Tuesday said that its aim is to re-establish Cyprus as a key cruise hub in the Eastern Mediterranean. Speaking at the 2nd ...

Cyprus has moved to deepen its business and research ties with Saudi Arabia through the visit of an official delegation to the Kingdom between June 5 and June 8. The delegation involved ...

BMW (BMWG.DE) will install and test a long-range battery developed by Michigan-based startup Our Next Energy (ONE) in the German automaker’s iX electric SUV, the companies said on ...

The crypto market’s a hot mess, leaving many investors struggling to turn a buck. Enter the arbitrageurs. Bitcoin and other cryptocurrencies have either been shackled to ranges or in ...

Binance US and its CEO were sued on Monday by a US investor who alleges the cryptocurrency exchange falsely marketed Terra USD as a safe asset ahead of the so-called ...

El Salvador’s Finance Minister Alejandro Zelaya on Monday dismissed concerns that a sharp drop in the value of bitcoin could hurt the Central American nation’s fiscal health. El ...

Elon Musk will speak to Twitter Inc (TWTR.N) employees this week for the first time at a company-wide meeting since launching his $44 billion bid in April, a source said ...

Bitcoin fell as much as 14 per cent on Monday after major US cryptocurrency lending company Celsius Network froze withdrawals and transfers citing “extreme” market conditions, in the latest sign of ...

It might look and smell like McDonald’s but now it’s Vkusno & tochka. The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac ...

Cosmetics maker Revlon Inc (REV.N) is preparing to file for chapter 11 protection as soon as next week, the Wall Street Journal reported on Friday, citing people familiar with the ...

Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way after the government introduced steps to ...

Saudi Telecom (7010.SE) said on Sunday its board had proposed increasing the company’s share capital by 30 billion riyals ($8 billion), or 150 per cent, driving the share price nearly 10 per cent ...

By Andreas Charalambous and Omiros Pissarides With the focus on the war in Ukraine, the public often overlooks other crises, especially in regions whose impact on global food supplies and ...

The rouble soared on Friday to its strongest level against the dollar since late May, close to multi-year peaks, after Russia’s central bank cut its key interest rate by 150 ...

Stubbornly hot US inflation is fueling bets that the Federal Reserve will get more aggressive about trying to cool price pressures and even potentially ditch its own forward guidance by ...

The number of Canadians who own cryptoassets is growing rapidly and efforts to regulate the sector need to start keeping pace, a senior Bank of Canada official said, noting many ...

Economic uncertainty amid the Ukraine war and the European Central Bank rate hikes announcement are pushing Cyprus bond yields upwards in the wider context of sovereign bond sell-off in secondary ...

Global true wireless stereo (TWS) shipments continued their positive trend in the first quarter of 2022, reaching a total of 68.2 million units, according to a report released this week by technology ...

The Chartered Financial Analyst (CFA) Institute, a global association of investment professionals, on Friday awarded the prize of Most Outstanding Society Award 2022 to CFA Society Cyprus. CFA Society Cyprus was ...

By Maria Demertzis In its latest forecast published on 16 May, the European Commission expects inflation in the euro area to be 6.1 per cent and growth 2.7 per cent in 2022. The last ...

The Paphos tourism board (Etap) on Friday announced that Ryanair will fly to 32 international destinations from Paphos airport during its 2022-2023 winter schedule, with 90 flights every week during this time. ...

Turkey’s Treasury said on Friday the fight against inflation remained the top priority in its macroeconomic policy after it and other state institutions announced measures to support an economy ...

Oil prices slipped on Friday but remained within touching distance of three-month highs as fears over new COVID-19 lockdown measures in Shanghai outweighed solid demand for fuels in the United ...