#BusinessPick

Business activity in the accommodation and food services sector has increased significantly, rising by 84.1 per cent in the third quarter of 2021, according to a report by the Cyprus Statistical Service. ...

A simmering threat of sanctions against the operator of the $11 billion Nord Stream 2 pipeline risks shutting off cover from European insurers for the politically-sensitive project to bring Russian gas directly ...

Facebook risks missing the point of metaverse – and a coming shift in consumers’ behaviour – if it fails to permit digital ownership, according to some of the virtual world’s pioneers. ...

The growth of British house prices accelerated last month and the market was holding up despite the end of pandemic emergency support measures for housing and the broader economy, mortgage ...

British retailers increased their prices for the first time in more than two years in November as the coronavirus pandemic hit global supply chains, limited staff availability and pushed up ...

Turkish factory activity grew in November, with new export orders and output rising, while a sharp increase in costs pushed output price rises to their fastest pace on record amid ...

The Bank of Cyprus has posted an after-tax profit of €19 million for the third quarter of 2021, with after-tax profit reaching €20 million for the first nine months of the year, it ...

Space Hellas, a technology solutions company operating in the fields of information technology, telecommunications and security, saw a consolidated turnover of €62.4 million during the first three quarters of 2021, reflecting a ...

Airline bosses voiced concern on Tuesday that travel restrictions linked to the emergence of the Omicron variant of the coronavirus risked blowing an industry recovery off course. The strongest warning ...

British airline easyJet (EZJ.L) said it had seen a softening in demand as COVID-19 outbreaks and the discovery of the Omicron virus variant forced customers to cancel city breaks, ...

Retailers in England said on Tuesday they were again asking shoppers to wear masks but said they could not be expected to enforce the new law, fearing abuse of their ...

The employment rate in the third quarter of 2021 stood at 60.3 per cent compared to 57.7 per cent in the same quarter of 2020, data released by the Cyprus Statistical Service (CyStat) on ...

Twitter Inc (TWTR.N) Chief Executive Officer Jack Dorsey will step down from his role and Chief Technology Officer Parag Agrawal will become his successor, Twitter announced on Monday. Dorsey’...

The Central Bank of Cyprus has determined the O-SII buffer requirement for six banks. In a press release, the CBC says that in accordance with its policy for the designation ...

Regulatory reporting firm Point Nine has announced a partnership with US company FIS, looking to bolster its ability to provide trade and transaction reporting services to legal entities in overseas ...

BP (BP.L) said on Monday it plans to set up a large-scale green hydrogen production plant in northeast England, generated with wind, water and solar energy to aid Britain’...

Oil rebounded by almost 5 per cent on Monday to $76 a barrel as some investors viewed Friday’s slump in oil and financial markets on concern about the Omicron coronavirus variant ...

Nissan Motor Co (7201.T) announced it will spend 2 trillion yen ($17.59 billion) over five years to accelerate vehicle electrification to catch up with competitors in one of the fastest growth areas ...

Daimler Truck Chief Martin Daum expects the global chip shortage to hit revenues by several billion euros this year and sees the problem continuing into next year, Automobilwoche reported on ...

US tech giants should bear some of the costs of developing Europe’s telecoms networks because they use them so heavily, chief executives of Deutsche Telekom (DTEGn.DE), Vodafone (VOD....

A senior Amazon.com Inc (AMZN.O) executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending during the holiday season but suggested ...

Bitcoin tumbled over 9 per cent on Friday, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the perceived safety ...

Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the global shortage of semiconductors. The ...

Expectations among the British public for inflation over the next year fell for the first time in six months in November and were steady looking further ahead, according to a ...