#BusinessPick

Phil Orlando has not heard this many people mentioning stagflation since he was a financial journalist in the late 1970s, when oil prices were soaring and inflation stood at more ...

German sportswear company Puma (PUMG.DE) increased its 2021 sales outlook on Wednesday even as it highlighted supply-chain pressures from a coronavirus lockdown in Vietnam, port congestion and container shortages. Factories ...

Turkey’s foreign trade deficit fell 47.5 per cent year-on-year in September to $2.547 billion according to the general trade system, data from the Turkish Statistical Institute showed on Wednesday. After trade ...

An executive at TikTok faced tough questions on Tuesday during the video-sharing app’s first appearance at a US congressional hearing, saying it does not give information to the Chinese ...

BP’s trading team made at least $500 million in the third quarter of 2021, two sources with knowledge of the company’s trading results said, as the energy major benefitted from ...

Hellenic Bank has released new eco-friendly credit and debit cards made out of biodegradable material. Available since Monday, October 25, in Mastercard form, the new cards require 82 per cent less PVC (...

Analysts at Europe’s biggest bank HSBC (HSBA.L) have turned bullish on Chinese stocks, arguing the worst of a regulatory storm has passed and that Beijing will provide policy ...

IKEA, the world’s biggest furniture brand, has agreed to buy the iconic former flagship store of British fashion chain Topshop in London’s Oxford Circus from the administrators of ...

British finance minister Rishi Sunak will unfreeze public sector pay when he presents his budget in two days’ time, the finance ministry said on Monday. The fact he would do ...

Facebook Inc (FB.O) will fuel more violent unrest around the world unless it stops its algorithms pushing extreme and divisive content, whistleblower Frances Haugen told the British parliament on ...

The government of Egypt has confirmed the double tax treaty with the Republic of Cyprus. The confirmation came through Egyptian president Abdel Fattah Al-Sisi who ratified the agreement. The double ...

Burger King and Tim Hortons are struggling with a staffing crunch and the Delta variant keeping coffee-loving office workers at home, causing parent Restaurant Brands International Inc (QSR.TO), to ...

Tesla Inc (TSLA.O) on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received its biggest-ever order from Hertz, which announced plans to buy 100,000 electric ...

Airbus (AIR.PA) has rebuffed calls by aircraft leasing companies to temper plans to almost double production of its best-selling A320 jet family, telling them its ambitions are justified by ...

Britain will announce a rise in its minimum wage for those aged 23 and over to 9.50 pounds ($13.06) per hour from 8.91 pounds in the government’s budget statement on Wednesday, the finance ...

The second quarter of the year saw a massive 49 per cent increase in Android banking malware according to Slovak internet security company Eset. Eset releases a quarterly threat report containing ...

British finance minister Rishi Sunak said on Sunday that the outlook for interest rates and inflation will feed into his thinking ahead of next week’s annual budget. “Inflation, interest ...

British supermarket chain Tesco (TSCO.L) said on Sunday that its website and app had been disrupted by an attempt to interfere with its systems. “Since yesterday, we’ve been ...

The Standing Committee of the National People’s Congress (NPC), China’s top legislature, on Saturday adopted a decision to authorize the State Council to pilot property tax reforms in ...

Many small business owners in South Korea recognise themselves in the cash-strapped characters of the wildly popular Netflix (NFLX.O) drama ‘Squid Game’, who vie desperately for a chance to ...

China’s fiscal revenue logged a year-on-year increase of 16.3 per cent in the first nine months of the year, official data showed Friday. The country’s fiscal revenue amounted to 16.4 ...

Rome is drawing up an offer to try to convince Intel (INTC.O) to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner ...

Attracting the who’s who of Cyprus’ business, financial and political landscapes, the 12th Limassol Economic Forum brought together renowned speakers from the global scene to explore the impact of ...

The Governor of the Central Bank of Cyprus Constantinos Herodotou said that financial literacy is a key element for a well-functioning economic system and thus a minimum requirement for sustainable ...