#BusinessPick

Cyprus’ retail turnover recorded a significant increase on an annual basis in October, according to data released by the Cyprus Statistical Service (Cystat) on Monday. The Retail Trade Turnover Value ...

China Evergrande Group (3333.HK) shares have been suspended from trading on Monday pending the release of “inside information”, the embattled property developer said without elaborating. Evergrande, the world’s most ...

Tesla Inc’s (TSLA.O) shares were set to open this year at their highest in about a month after reporting stronger-than-expected quarterly deliveries of its electric cars, allaying fears ...

Another weekend, another chance for Sony’s superhero adventure “Spider-Man: No Way Home” to flex its box office dominance. The comic book sequel, starring Tom Holland as Marvel’s favorite ...

Tesla Inc (TSLA.O) on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production. It was the ...

Chinese gaming and social media company Tencent Holdings Ltd (0700.HK) has taken a small stake in Britain’s Monzo as part of a fundraising, the digital bank said on Friday, ...

Germany on Sunday welcomed a plan by the European Union to label some natural gas energy projects as “green” investments, but stressed its opposition to a proposal to do the ...

The United Arab Emirates prime minister and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has approved Dubai’s budget for the fiscal years 2022-2024, with a total expenditure of 181 ...

China Evergrande Group (3333.HK) on Friday dialled back plans to repay investors in its wealth management products, in a move that highlights the deepening liquidity squeeze at the property developer ...

JPMorgan Chase & Co (JPM.N) has offered its staff the option of working from home for the first two weeks of 2022, with a caveat that all employees are expected ...

For global financial markets, the second year of the COVID pandemic has been nearly as dramatic as the first. The stocks bulls have stayed firmly in charge, surging energy and ...

Stock markets dipped on Friday in thin trading but were set to see in the New Year with double-digit gains for 2021, while oil prices retreated from $80 a barrel following their ...

Gold was set for its worst year since 2015 on Friday as a global economic recovery caused safe-haven flows into the metal to ease and as central banks prepared to raise ...

Emerging market stocks broke a two-year winning run, but were set to end the last day of 2021 on a positive note on Friday boosted by China shares, while Turkey’s ...

Chip company Advanced Micro Devices Inc’s (AMD.O) $35 billion all-stock deal for peer Xilinx (XLNX.O) is now expected to close in the first quarter of 2022, delayed from a ...

The Turkish lira weakened for a fifth consecutive day on Friday, further eroding the big gains it made a week earlier as investors continued to fret about the country’s ...

Sterling hit its highest level against the euro since the end of February 2020 as easing concerns about the economic impact of the pandemic boosted risk-on currencies, while analysts expect more ...

Property sales in Paphos district exceeded €2.5 billion in value over the past five years, a report from independent real estate asset management and advisory firm WiRE has revealed. The lion’...

The Cyprus Employers & Industrialists Federation (Oeb) president Antonis Antoniou said during his end-year address that the unpredictability of the past two years has hurt both private businesses and the ...

UK shares were subdued on Thursday, after hitting 22-month highs in the previous session, as a surge of COVID-19 cases offset optimism around a “Santa Claus rally” in thin year-end ...

British house prices rose by a stronger-than-expected 1.0 per cent in December from November, capping the biggest full-year rise in prices since 2006, figures from mortgage lender Nationwide showed on Thursday. Economists ...

The current account balance of Cyprus and its international investment position improved in the third quarter of 2021, according to provisional data released by the Statistics Department of the Central Bank ...

Turkey’s lira fell 5 per cent on Thursday, extending a four-day slide and eating into big gains last week, as the government struggled to convince savers to ignore the volatility ...

Eurobank announced this week the acquisition of an additional 2.7 per cent stake in Hellenic Bank, raising its total share in the Cypriot bank to 12.6 per cent. Eurobank acquired approximately 11.19 million ...