#BusinessPick

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 ...

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 ...

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 ...

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 ...

Turkey will provide cheaper loans for export and tourism sector investments that earn foreign revenues, President Tayyip Erdogan said on Thursday, adding that “exorbitant” price rises are due mostly to ...

Undeterred by industry figures showing rents in Istanbul have doubled inside a year, yoga instructor Ceren Tabak was fully prepared to spend most of her salary on housing costs when ...

The prospects of business and trade cooperation between Cambodia and the Larnaca Chamber of Commerce and Industry were discussed at a meeting between the two on Thursday. “The meeting took ...

Severe outbreaks of bird flu in the United States and France are tightening global egg supplies and raising prices for the food staple as the war in Ukraine disrupts shipments ...

Billionaire Elon Musk has offered to buy Twitter (TWTR.N) for about $41 billion in cash, saying the social media company he has often criticized needs to go private to see ...

The euro rose on Thursday ahead of the European Central Bank meeting expected to outline a clearer schedule for unwinding stimulus, opening up the possibility of a first rate hike ...

Britain’s accounting watchdog will reclaim powers to ban auditors under proposals announced on Thursday. The powers were previously delegated by the government to professional accounting bodies such as the ...

Eni (ENI.MI) has signed a deal to boost gas production in Egypt and boost liquefied natural gas supplies to Europe, the Italian energy group said on Wednesday. The move ...

China’s top offshore oil and gas producer CNOOC Ltd. (0883.HK) is preparing to exit its operations in Britain, Canada and the United States, because of concerns in Beijing the ...

An estimated 3.6 million unemployed people in the European Union found employment in the fourth quarter of 2021, according to data released on Wednesday by Eurostat, the EU’s statistical service. This ...

Crypto lender Nexo said it has teamed up with global payments company Mastercard (MA.N) to launch on Wednesday what it calls the world’s first “crypto-backed” payment card. It ...

British consumer price inflation leapt to its highest level in three decades last month, intensifying the pressure on embattled Prime Minister Boris Johnson and his finance minister Rishi Sunak to ...

Lebanon’s government has agreed to disburse $15 million to temporarily resolve growing bread shortages in the country, Economy Minister Amin Salam told Reuters, while saying that the funds would only ...

China’s overall trade with Russia rose over 12 per cent in March from a year earlier, slowing from February but still outpacing the growth in China’s total imports and ...

Association of Large Developments president and Cyprus Chamber of Commerce (Keve) vice president Andreas Demetriades on Tuesday asked that the government quickly proceeds with the launch of an international tender ...