#BusinessPick

The Turkish lira eased a further 0.85 per cent against the dollar on Wednesday, weakening for a fifth session and bringing the currency back towards the lows it hit in late ...

Dubai’s main airport on Thursday reported its busiest quarter in two years as the rebound in international travel gains pace, with its chief executive predicting Dubai International could see ...

By Yiannis Seitanides A significant gap remains as to the way a reduction in staff can be achieved at Hellenic Bank, despite an agreement among stakeholders, including the bank’s ...

Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they scramble to comply with sanctions over the Ukraine conflict and deal ...

Cypriot banks were presented with bad checks worth a total of €438,000 in April, according to data released on Wednesday by the Central Bank of Cyprus (CBC). This is the largest ...

MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, on Wednesday announced that it has appointed Yannis Matsis as managing director and head of its office ...

The chief executive of Coinbase said a disclosure in its latest quarterly filing did not indicate the cryptocurrency exchange operator faced a bankruptcy risk and it had been made to ...

Vodafone (VOD.L) and British Gas owner Centrica (CNA.L) have signed a deal to buy electricity from Greece-based energy company Mytilineos from the three solar farms under construction in ...

Russian gas producer Gazprom (GAZP.MM) said it continues shipping gas to Europe via Ukraine with volumes on Wednesday seen at 72 million cubic metres (mcm), down from 95.8 mcm on Tuesday. ...

Sony Group Corp (6758.T) on Tuesday said it planned to sell 18 million PlayStation 5 consoles this business year as robust game sales helped it more than double fourth-quarter operating profit. The ...

Fitch Ratings on Tuesday said that the ratings of the Bank of Cyprus and Hellenic Bank have been kept on Positive Outlook in spite of the escalating global economic dangers ...

Cyprus’ trade deficit in February amounted to €429 million, according to the finalised trade published by the Cyprus Statistical Service (Cystat) on Tuesday. In addition, the trade deficit in March 2022 reached €729 ...

Bitcoin has scant experience with rising interest rates, posing perils for investors looking to capitalize on its dramatic drop. The cryptocurrency has tanked along with other risk assets such as ...

Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm – a deal that values it at $2.1 billion and features Tiga Investments ...

Hungarian low-cost airline Wizz Air (WIZZ.L) said on Tuesday it had agreed to work with Saudi Arabia to explore opportunities to develop the air market in the kingdom, which ...

Royal Jordanian Airlines on Monday announced that they are aiming to double their fleet over the next five years in order to increase tourist inflows into Jordan, with the latter ...

Cyprus Investment Promotion Agency, known as Invest Cyprus, on Monday announced that it successfully participated in the International Hospitality Investment Forum, which took place in Berlin on May 3-5. This ...

Israel’s central bank said on Monday it had received public support for its plans to possibly issue a digital shekel on grounds it would help the economy by supporting ...

Fewer than a fifth of actively managed emerging market equity funds have cut their exposure to Russian stocks to zero, data from Copley Fund Research shows, with a number of ...

Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech ...

Already sitting on double-digit losses this year, stock market investors must brace for more, as the realisation sinks in that the US Federal Reserve intends to tighten financial conditions to ...

Egyptian non-oil private sector activity contracted in April, continuing a 17-month deterioration as the Ukraine crisis added to price increases, a survey showed on Sunday. The S&P Global ...

By Nicolas Schmit and Margaritis Schinas In these difficult times, the EU is committed to supporting people fleeing the war in Ukraine to integrate into the European labour market, should ...

Russia published a detailed list of goods from foreign carmakers, technology companies and consumer brands on Friday that the government has included in a so-called “parallel imports” scheme aimed at ...