#BusinessPick

British Airways is planning to set up a budget airline subsidiary based at Gatwick airport, the airline told the Wall Street Journal on Thursday. Creating a new unit could provide ...

British car output fell to its lowest July level since 1956 as a global shortage of semi-conductor chips and staff having to self-isolate due to COVID-19 hit the sector, a trade ...

A momentous German election marking the end of Angela Merkel’s 16 years as chancellor is less than a month away and with no clear outcome in sight, markets may start ...

The general manager of the Cyprus Employers and Industrialists Federation (ΟΕΒ) Michalis Antoniou, speaking to StockWatch, said that there is a grave shortage of manpower that threatens the growth of the ...

The trade deficit in the first five months of 2021 recorded an annual increase of 10.2 per cent, according to data released on Monday from the Statistical Service of Cyprus. Total imports ...

Germany-based tourism group TUI recorded an adjusted operating profit (EBIT) of minus €699 million euros (846 million US dollars) in the first quarter of its fiscal year ending December 2020, the company announced ...

Abu Dhabi conglomerate International Holding Co (IHC.AD) is considering acquisitions worth a few billion dollars in total across several sectors, including a real estate developer in Abu Dhabi, its ...

Travel receipts in the first six months of the year increased by 51 per cent from the same period in the previous year, the Bank of Greece said in a statement ...

The Taliban have appointed an acting head of Afghanistan’s central bank to help ease growing economic turmoil, more than a week after the Islamist movement seized the capital Kabul, ...

General Motors Co (GM.N) has expanded the recall of its Chevrolet Bolt electric vehicles due to a risk of fire from the pouch-type lithium-ion battery cells made by South ...

Four out of five German companies are struggling with a shortage of raw materials, the Association of German Chambers of Industry and Commerce (DIHK) announced on Thursday. Global supply chains ...

KEDIPES is expected to move forward in its transformation into an asset management company (a ‘bad bank’), StockWatch reported on Monday. The company, which was set up to manage non-performing ...

Britain’s post-lockdown economic rebound slowed sharply in August as companies struggled with unprecedented shortages of staff and materials, though strong inflation pressures cooled a bit, a survey showed on ...

“Gas cannot be used as a weapon,” German Chancellor Angela Merkel said on Sunday after meeting Volodymyr Zelensky, Ukrainian president, in Kyiv. “We are for new sanctions if Russia uses ...

PayPal Holdings Inc (PYPL.O) will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday. The roll-out, ...

Tired of your terrible boss? Wouldn’t you prefer being managed by a computer? Imagine having an unbiased machine for a boss that rewards your performance based on objective data? ...

Bitcoin rose 5.01 per cent to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close. The price of bitcoin on Sunday is $49,239.20 or €42,095.58. There is an analyst consensus that a move ...

Lebanese fuel prices are expected to double after the state decided on Saturday to change the exchange rate used to price petroleum products in a bid to ease crippling shortages ...

Moscow pledged retaliatory measures after a new set of sanctions imposed by the United States on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, Russia’...

Tesla Inc (TSLA.O) Chief Executive Elon Musk on Thursday said the electric automaker will probably launch a “Tesla Bot” humanoid robot prototype next year, designed for dangerous, repetitive, or ...

Sterling touched one-month lows against a robust dollar and the euro on Friday, capping the pound’s worst week in months as global risk aversion propelled investors towards currencies considered ...

Tunisia is seeking an urgent review of a trade agreement with Turkey in order to cut a widening deficit, two Tunisian trade ministry officials said on Friday. Nabil Arfaoui, director ...

The Cyprus Government Guarantee Scheme will offer low-interest loans to businesses of all sizes via Cyprus banks. It will become available with the enactment of the Amending Law “On the ...

Astrobank is offering free cash withdrawals at more than 330 ATMs nationwide for AstroBank customers, the bank said in a statement on Thursday. AstroBank continues its cooperation with the company Euronet ...