#BusinessPick

Hackers have stolen cryptocurrency worth almost $615 million from a blockchain project linked to popular online game Axie Infinity, the latest cyberheist to hit the digital asset sector. Ronin, a blockchain ...

A US judge ruled on Tuesday that a lawsuit accusing Meta Platforms Inc’s (FB.O) Facebook of deceiving advertisers about its “potential reach” tool can proceed as a class ...

Cypriot telecommunications company Cyta on Wednesday announced the start of operations on the Arsinoe optical fibre subsea cable system. “Arsinoe strengthens the role of the organisation and, by extension, Cyprus ...

The Cyprus Economic Sentiment Indicator (ESI-CypERC) recorded a steep drop in March affected by weaker confidence in light of the war in Ukraine. The (ESI-CypERC) compiled by the University of ...

As a stunning rebound in US stocks charges on, investors are questioning how long the surge can continue in the face of a hawkish Federal Reserve, warnings of recession from ...

Saudi Arabia has deposited $5 billion in Egypt’s central bank, the Saudi state news agency reported on Wednesday, as the Egyptian economy faces new economic pressures as a result of ...

The World Bank president said on Wednesday Gulf oil producers could play a key role in dampening oil and gas price volatility in the coming months. Several consuming nations have ...

More than 20,000 bankers, traders and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over ...

Russia’s demand that some buyers pay for its gas in roubles has raised concerns in Germany, which relies on Russian fuel, that the payment dispute could escalate and disrupt ...

The Paphos regional board of tourism (Etap) announced on Tuesday that it is currently hosting 25 tourism industry stakeholders, including agents and journalists, from Jordan. The initiative, which is conducted in ...

Canada has picked Lockheed Martin Corp (LMT.N) as the preferred bidder to supply 88 new fighter jets, Procurement Minister Filomena Tassi said Monday, in a clear sign the US company ...

Tesla Inc (TSLA.O) will seek investor approval to increase its number of shares to enable a stock split in the form of a dividend, the electric-car maker said on ...

Oil prices on Tuesday extended losses from the previous day as Ukraine and Russia headed for peace talks and on concerns about demand as China’s financial hub of Shanghai ...

US sanctions against Russia should hasten a move by some countries to reduce their reliance on the US dollar, which could also soften demand for Treasuries just as the Federal ...

As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly resilient ...

More than 7,000 finance jobs have moved from London to the European Union as a result of Brexit, down 400 from the total anticipated in December, consultants EY said on Tuesday. While ...

Britain’s National Grid (NG.L) said on Sunday it would sell a 60 per cent stake in its British gas transmission and metering business to Australia’s Macquarie Asset Management ...

Ukraine started auctioning off a collection of non-fungible tokens (NFTs) on Friday in an expansion of a cryptocurrency fundraising push that Kyiv says has already collected more than $65 million for ...

Major gas producer Qatar and the Gates Foundation will jointly invest up to $200 million over the next two years to help prepare farmers in developing countries to adapt to climate ...

German business morale plummeted in March as companies worried about rising energy prices, driver shortages and the stability of supply chainsin the wake of the war in Ukraine,pointing to ...

The United States, the world’s top natural gas producer, wants to send more liquefied natural gas (LNG) to Europe to help its allies break their dependence on Russian gas ...

Turkey’s current account deficit is expected to rise to $32 billion or 4.0 per cent of GDP this year, more than the 2.5 per cent previously forecast, Goldman Sachs said, citing rising ...

Britons cut back on their shopping in February and consumer confidence levels tumbled this month as accelerating inflation cast a shadow over the world’s fifth-biggest economy, data released on ...

Energy Minister Natasa Pilidou will meet with her Egyptian counterparts in Cairo on Sunday and Monday, a ministry statement announced on Saturday. According to the statement, Pilidou is leading a ...