#BusinessPick

Turkish house sales rose 38.8 per cent in April on the year to 133,058 houses, data from the Turkish Statistical Institute showed on Tuesday, with more than double the houses sold to ...

German Finance Minister Christian Lindner is open to the idea of seizing Russian state assets to finance the reconstruction of Ukraine, he said in an interview with German business daily ...

Credit Bank of Moscow (MKB), one of Russia’s largest private lenders, has obtained a gold export licence from the government, it said on Monday, becoming the latest Russian bank ...

Italian energy group Eni (ENI.MI) will open bank accounts this week to pay for Russian gas after clarification that such a move will not breach sanctions, two sources said ...

An affiliate of the company behind collapsed stablecoin TerraUSD on Monday said it had spent the bulk of its reserves trying to defend its dollar peg last week and would ...

Cryptocurrency exchange FTX’s founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial ...

Shares in Vodafone (VOD.L) jumped 4 per cent in early trade on Monday after the United Arab Emirates-based telecoms company e& (ETISALAT.AD) revealed it had bought a 9.8 per ...

Movers and shakers arriving for the annual meeting of the World Economic Forum (WEF) this month can pack sandals instead of ski boots for a rare springtime version of the ...

Russian oil and gas condensate average output has increased by around 1.7 per cent month on month to 1.4 million tonnes per day (10.25 million barrels per day) in the first half of ...

More than 50 economists warned on Monday that Britain’s post-Brexit plans to boost the competitiveness of its huge finance industry risked creating the kind of problems that led to the ...

The platform for the competitive electricity market (CEM), which also includes the energy exchange, will be ready to operate by the fourth quarter of 2022, the Transmission System Operator (TSO) announced. ...

Nigeria’s markets regulator has published a set of regulations for digital assets, signalling Africa’s most populous country is trying to find a middle ground between an outright ban ...

The West has imposed an unprecedented package of sanctions on Russia, its top companies and its business and political elite in response to Moscow’s invasion of Ukraine. The measures ...

Goldman Sachs Group Inc (GS.N) officers and directors reached a $79.5 million settlement to resolve shareholder claims that their poor oversight contributed to the bank being enmeshed in the looting ...

The Cyprus Securities and Exchange Commission (CySEC) announced the launch of an online platform which will reinforce its efforts to curtail money laundering. CySEC, in a press release said that ...

Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos announced on Friday the signing of a Memorandum of Understanding (MoU) with IDEA Innovation Centre president Charis Pouangare. The MoU ...

Research released earlier this month has shown that the behaviour of consumers and markets in the technology sector is being driven by a number of factors, with several trends being ...

The European Bank for Reconstruction and Development (EBRD) is considering financial support for Ukraine’s transport and logistics companies to help them maintain their exports, a senior bank official said ...

Japan’s Toshiba Corp (6502.T) said on Friday it has received interest from 10 potential investors after it solicited buyout offers. It also announced a special dividend of 160 yen per share, ...

The Russian rouble firmed past 63 per dollar in Moscow on Friday for the first time since early February 2020 and touched a fresh five-year high versus the euro, supported by continuing ...

The euro edged off five-year lows to rise back above $1.04 on Friday, but it is headed for a big weekly loss after Russia’s decision to restrict gas supplies to ...

A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new level, as weak as 15.5 to the dollar, in a months-long effort to ...

OPEC on Thursday cut its forecast for growth in world oil demand in 2022 for a second straight month, citing the impact of Russia’s invasion of Ukraine, rising inflation and ...

The recent approval by the Cabinet of Ministers of a scheme to further incentivise the relocation of foreign workers and companies creates major opportunities for Cyprus, Invest Cyprus CEO George ...