#BusinessPick

Bank of Cyprus has appealed a central bank fine in the administrative court. The appeal was announced by the central bank which said that BoC was appealing the €277,000 fine imposed ...

The boss of the British Airways owner, IAG (ICAG.L), said on Monday its transatlantic bookings had already reached nearly 100 per cent of 2019 levels after the United States dropped restrictions ...

The Cyprus Integrity Forum (CIF), an independent, non-profit and non-governmental organisation, signed on November 15 a memorandum of understanding with fellow non-profit organisation Oxygono. The CIF, which was launched in 2010 and ...

Web hosting company GoDaddy Inc (GDDY.N) said on Monday email addresses of up to 1.2 million active and inactive Managed WordPress customers had been exposed in an unauthorized third-party access. ...

The German economy is taking “a breather” as a lack of goods and labour as well as new restrictions designed to fight the coronavirus pandemic put an end to its ...

World stocks kicked off the week on a cautious note on Monday after posting a second consecutive weekly drop, and the euro struggled as traders weighed the risks of European ...

JPMorgan Chase & Co (JPM.N) is offering to pay some of its Hong Kong-based staff up to $5,000 each for their hotel quarantine stay for personal trips, a memo from ...

Telecom Italia (TIM) (TLIT.MI) said on Sunday its board had examined a non-binding proposal by US fund KKR (KKR.N) aimed at taking Italy’s biggest phone group private ...

The University of Cyprus’ Department of Computer Science is coordinating a virtual reality (VR) project, with the aim of training a future generation of innovators and researchers in the field ...

The Bank of Israel is expected to leave short-term interest rates unchanged this week, its 13th such decision in a row, though some analysts believe it should cut rates to ...

Bahrain’s central bank governor, Rasheed Mohammed al-Maraj, said in an interview published on Sunday he expects real gross domestic product to grow 3.1 per cent in 2021. The governor told local ...

Apple delivered a message to employees on Friday that was striking given its reputation for secrecy: a reminder that workers may discuss wages, hours and working conditions. The notice came ...

by Maria Demertzis Countries hit comparatively hard during the financial crisis, helped also by domestic and European policies, are bouncing back from the pandemic faster than their peers. The European ...

Bank of England Governor Andrew Bailey said his concern on the inflation outlook is that it could be “elevated for longer” but there is also a chance that inflation does ...

Tourist arrivals reached 391,638 in October 2021, reflecting an increase of 288.6 per cent year-on-year, according to data released by the Cyprus Statistical Service (Cystat) on Friday. Tourist arrivals in October of the ...

Russian jeweller Sokolov is planning a dual listing in New York and Moscow in 2023, its co-owner told Reuters, betting on strong revenue growth and the development of its retail network ...

As a Virginia lawmaker, Ibraheem Samirah has studied internet privacy issues and debated how to regulate tech firms’ collection of personal data. Still, he was stunned to learn the full ...

Turkish opposition leaders called for immediate early elections on Thursday after the lira plunged 6 per cent to new lows following the central bank’s decision to cut interest rates amid ...

Auction houses and shoppers seeking new clothes for the Christmas holidays lifted British retail sales last month by more than expected, adding to recent signs that a slowdown in the ...

Rating Agency Standard and Poor’s revised Bank of Cyprus’, the country’s largest lender outlook to positive from stable, following a new NPL transaction titled “Helix 3” which would reduce ...

Pfizer Inc (PFE.N) said on Thursday the US government would pay $5.29 billion for 10 million courses of its experimental COVID-19 antiviral drug, as the country rushes to secure promising oral ...

Turkey’s central bank slashed its policy rate by 100 basis points to 15 per cent on Thursday and hinted at more easing despite inflation running near 20 per cent, accelerating a spiral ...

Inflation in Cyprus reached 4.4 per cent during October of this year, according to the European statistical service (Eurostat). Cyprus’ inflation figure is slightly above the European Union average of 4.1 per ...

The European Union may ease state-aid rules to allow the funding of new chip plants which could alleviate shortages in the bloc, its competition chief said on Thursday, while resisting ...