#BusinessPick

JPMorgan has warned that the combination of Russia’s war in Ukraine and China’s ongoing property crash could see the worst wave of corporate defaults since the global financial ...

Turkey’s annual consumer inflation leapt to a 20-year high of 61.14 per cent in March, data showed on Monday, fuelled by rising energy and commodity prices following the Russia-Ukraine conflict ...

Oil rose above $105 a barrel on Monday as concern about tight supply arising from Russia’s invasion of Ukraine and the lack of an Iranian nuclear deal persisted despite countries ...

Britain’s main share index held steady on Monday, with investors buying into defensive stocks as talks of more sanctions against Russia over its invasion of Ukraine kept risk appetite ...

With the adoption of the metaverse being seen as a matter of time, US technology company Microsoft warned that past mistakes when new mediums entered the mainstream must be avoided, ...

Oil futures were set to open for Asian trade on Sunday, after both Brent and US crude benchmarks posted their biggest weekly falls in two years last week as the ...

Automakers racing to develop battery-powered, software-driven vehicles to compete with Tesla Inc (TSLA.O) are confronting a new challenge: what technology to build themselves, and what to keep buying from ...

Banks should beware of fake news that could trigger a run on their deposits, the European Union’s banking watchdog said in a warning on Friday about potential fallout from ...

Two US liquefied natural gas (LNG) projects took major steps toward launching this week as Russia’s threats to cut energy supplies to Europe drives up demand and prices for ...

On the outskirts of the eastern Venezuelan port town of Guanta, hundreds of trucks line up everyday to unload tons of scrap metal, part of the government’s attempt to ...

The Cyprus Shipping Chamber (CSC) this week welcomed the proposed transfer of the Cyprus Port Authority to Limassol, saying that the city is the key representative of the shipping industry ...

European governments and companies were working on Friday on a common approach to President Vladimir Putin’s demand that they pay for Russian gas in roubles as the threat of ...

The war in Ukraine has made the security of energy supply a top priority, increasing pressure in Europe to accelerate the transition to cleaner fuels, including hydrogen. This was one ...

The dollar extended a rebound versus major peers on Friday ahead of a key US jobs report that could help the Federal Reserve decide whether to make an interest rate ...

Banks in Britain have warned the government that a plan to ban all Russians from holding more than 50,000 pounds ($65,430) in their accounts is illegal and unworkable, five sources said. When ...

Turkish state-owned energy importer BOTAS said late on Thursday it had raised natural gas prices for industrial facilities by 50 per cent and those for households by 35 per cent, raising the ...

The International Energy Agency will hold an emergency meeting on Friday among consuming nations to discuss a new release of strategic reserves alongside a plan by the United States to ...

MUFG Investor Services, a leading company dealing in administration, asset servicing, banking and fund financing, announced on Thursday the opening of a new operational centre in Limassol. The company, which ...

The Cyprus Investment Promotion Agency, commonly known as Invest Cyprus, on Thursday announced that it continued its efforts to promote the island as an investment and business destination through a ...

The Bank of Cyprus on Thursday announced that, as part of its efforts to enhance security through technological solutions, will now notify its customers by push notifications and not by ...

Financial sanctions imposed on Russia threaten to gradually dilute the dominance of the US dollar and could result in a more fragmented international monetary system, Gita Gopinath, IMF’s First ...

Britain should place stringent regulations on electric scooters if their legal use is widened beyond current government trials, given the number of injuries from illegal vehicles and fire risks from ...

Apple Inc (AAPL.O) is exploring new suppliers for memory chips used in its iPhones, including a potentially first Chinese supplier, after a key Japanese partner had an output disruption, ...

Germany’s Mittelstand, the small and mid-sized companies that power Europe’s largest economy, was already battling its biggest crisis in a decade trying to absorb rocketing energy bills. Then ...