#BusinessPick

The euro was on track on Friday for its best week versus the dollar since the COVID-19 pandemic hit, after a hawkish turn by the European Central Bank (ECB) sent ...

Faced with deal fees in the Gulf region a fraction of those in markets elsewhere, many Dubai bankers are handing in their notices, attracted by the lure of cashing out, ...

France’s Vinci expects net income this year to exceed its pre-pandemic level in 2019, helped by a recovery in its airports arm that should bring those earnings close to breakeven. ...

Energy prices for millions of Britons will soar from April after a 54 per cent hike to the regulatory price cap, forcing the government to stump up 9 billion pounds ($12 billion) of ...

Uh oh. Big Tech was cut in two on Wednesday, divided between companies that have great data and those that don’t, after Facebook owner Meta Platforms Inc (FB.O) ...

Interest rates for corporate deposits fell to a new historical low, reaching 0.02 per cent in December 2021, while the interest rate for household deposits remained unchanged at 0.06 per cent. Compared to ...

The Bank of England raised interest rates to 0.5 per cent on Thursday and nearly half of its policymakers wanted a bigger increase to contain rampant price pressures, as the central ...

Turkey’s central bank said on Thursday it had decided to pay advance dividends from its 2021 accounting period and distribute its reserve fund from 2020 profits to shareholders, including the Treasury. ...

Deputy Ministers for Tourism and Shipping Savvas Perdios and Vassilis Demetriades welcomed the assurances by Royal Caribbean’s interest to invest in Cyprus, expressing their readiness to enhance the island’...

Greek technology fund PJ Tech Catalyst, backed by Piraeus Bank (BOPr.AT) and the European Investment Fund, has agreed to sell its market research unit Pollfish to U.S.-based ...

The Cyprus Stock Exchange (CSE) and Athens Exchange Group (ATHEXGroup) announced on Wednesday their successful collaboration, resulting in the CSE becoming compliant with the Settlement Discipline Regulation, as of February 1...

The Cyprus Land and Building Developers Association (LBDA) warned against the potential rise in VAT for property purchases, saying that this would harm both the economy and first-time buyers. The ...

Shares rose in Europe on Wednesday as investor sentiment continued to steady after a rout last month, but the advance was capped by concerns over how fast central banks will ...

Japan’s Sony Group Corp (6758.T) raised its full-year profit forecast by 15 per cent on Wednesday after posting estimate-smashing quarterly earnings, propelled by the success of “Spider-Man: No Way Home” ...

Amazon will create 1,500 new apprenticeships in the United Kingdom in 2022, it said on Wednesday. The internet giant said it was offering 40 entry to degree-level apprenticeship schemes, including new schemes in ...

Bitcoin is beginning to reassert its dominance over challengers to its cryptocurrency crown. The original digital coin was assailed by thousands of new “altcoin” competitors in 2021 – from Solana and Polkadot ...

Limassol port management company DP World Limassol welcomed the world’s biggest cruise ship on Monday, Royal Caribbean International’s Wonder of the Seas. “It is with great pleasure that ...

The Cyprus Securities and Exchange Commission (CySEC) will further bolster its supervisory framework in a bid to go along with technological developments in the market, CySEC chairman George Theocharides said ...

AT&T Inc (T.N) said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc (DISCA.O) and also ...

The US antitrust review of Microsoft Corp’s (MSFT.O) $68.7 billion proposed acquisition of “Call of Duty” maker Activision Blizzard Inc (ATVI.O) will be handled by the Federal Trade ...

In 2020, renewable energy sources (RES) made up 37 per cent of gross electricity consumption in the EU, up from 34 per cent in 2019, according to data released by Eurostat, the statistical office ...

High levels of private debt continue to stifle the growth of Cypriot banks, increasing fiscal vulnerability and negatively impacting credit availability, ratings agency Moody’s said on Monday. The agency’...

The Cyprus Economic Society (CES) will be hosting its annual economy panel on Thursday, with the online event delving into Cyprus’ economic outlook and prospects. Among the speakers are Bank ...

The European Startup Universe, the biggest project for EU tech startups, is coming to Cyprus, the non-profit organisation announced earlier this month. The programme, which is scheduled to start on ...