#BusinessPick

Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Sunday the US electric carmaker and his rocket company SpaceX are facing significant inflationary pressure in raw materials and ...

A global food crisis looms unless the war in Ukraine is stopped because fertiliser prices are soaring so fast that many farmers can no longer afford soil nutrients, Russian fertiliser ...

File-sharing service LimeWire, which shut down in 2011 under fire from the music industry, is making a comeback as a digital collectibles marketplace for art and entertainment, initially focusing on music. ...

US regulators on Thursday issued final rules eliminating the need for automated vehicle manufacturers to equip fully autonomous vehicles with manual driving controls to meet crash standards. Automakers and tech ...

Russia urged India to deepen its investments in the sanction-hit country’s oil and gas sector, and is keen on expanding the sales networks of Russian companies in Asia’s ...

Director general of the finance ministry George Panteli will represent Finance Minister Constantinos Petrides at the Eurogroup and Ecofin meetings taking place on Monday and Tuesday. During the Eurogroup ministers ...

Brazil’s central bank announced tougher rules for fintechs on Friday, saying that payment institutions will be subject to regulations based on their size and complexity and raising standards for ...

The Ukrainian president’s economic adviser on Saturday played down the risks of the hryvnia devaluating further, despite the Russian invasion of the country which began on Feb. 24. Oleg Ustenko ...

Russia’s central bank on Saturday said it has decided not to reopen stock market trading on the Moscow Exchange from March 14-18, with the exception of some non-open-market transactions ...

Saudi Arabia and the United Arab Emirates are among the few oil producers globally with spare capacity they could draw on quickly to increase output, help offset supply losses from ...

Crypto firms in the United Arab Emirates (UAE) are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, ...

Ukraine’s two leading suppliers of neon, which produce about half the world’s supply of the key ingredient for making chips, have halted their operations as Moscow has sharpened ...

Deutsche Bank (DBKGn.DE) said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks which are severing ties with the country over ...

The rise in energy and grain price levels due to the war in Ukraine, but also the possibility of stagflation are his main concerns Finance Minister Constantinos Petrides said on ...

The sanctions against Russia following its invasion in Ukraine and the potential impact on the Cypriot economy will be one of the main issues to be discussed in the context ...

Rich Russians are trying to shift some of their wealth from Europe to Dubai to shield assets from a tightening wave of Western sanctions on Russia over its invasion of ...

Justice Minister Stefi Drakou on Thursday held a meeting with Institute of Certified Public Accountants (Selk) president Pieris Markou, with their discussion focusing on the implementation of the anti-corruption legal ...

By George Pirishis The EU sanctions against Russia do not exclude the “golden passport” and “golden visa” programmes since a legislative initiative report of the European Parliament calls on the ...

Russia and Belarus are edging close to default given the massive sanctions imposed against their economies by the United States and its allies over the war in Ukraine, the World ...

By Maria Demertzis The events that have unfolded since 24 February have solved one dispute: inflation is no longer temporary. There are four reasons to expect sustained inflationary pressures and one ...

The Kremlin said on Thursday that Russia’s economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an “absolutely ...

Russia’s President Vladimir Putin has signed a law on using the country’s rainy-day National Wealth Fund to buy OFZ government bonds and stocks, the RIA news agency reported ...

A global food crisis sparked by Russia’s invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing list of key producing ...

RCB Bank announced on Tuesday that it has donated €50,000 to the Cyprus Red Cross Society (CRCS) in support of the organisation’s relief and humanitarian efforts on the ground for ...