#BusinessPick

The pound extended recent gains to hit its strongest level since February 2020 against the euro on Friday, but it fell versus the dollar after better-than-expected U.S. payrolls data boosted ...

Global gas prices are expected to break records this winter as a hot northern hemisphere summer leaves inventories low in key markets, just as green energy drives ramp up in ...

The most devastating frost in decades in top coffee producer Brazil and record freight costs sparked by Covid-19 causing massive shipping logjams are expected to push retail prices to multi-year ...

Europe’s banks are stashing cash to pay bumper bonuses to top performers, amid a deal frenzy driven by pent up demand from the COVID-19 pandemic and rebounding bank profits. ...

ASBIS, an information and communications technology distribution company based in Limassol, has announced that it has made a property acquisition to the tune of €6.2 million. The recently acquired 5,735 square metre ...

German industrial output unexpectedly fell again in June, data showed on Friday, suggesting recovery is slowing in Europe’s biggest economy, held back by supply bottlenecks for intermediate goods. The ...

Air traffic in European airspace exceeded Eurocontrol’s “optimistic” scenario in July, as flight numbers reached 65 per cent of 2019 levels. The European air traffic manager had made a baseline forecast ...

The US Department of Justice (DOJ) has repatriated $452 million in misappropriated funds from 1Malaysia Development Bhd (1MDB), it said in a statement on Thursday, bringing the total amount recovered from ...

Energy prices for millions of Britons are expected to rocket from October after the energy regulator said it would increase its cap on the most widely used tariffs by about 12...

After the floods, Ahr valley winemakers are selling muddy bottles of wine labelled “authentic mud,” — bottles taken from the cellars that were filled with flood waters. Proceeds go to aid ...

Spaceship company Virgin Galactic (SPCE.N) said it will open ticket sales on Thursday for space flights starting at $450,000 a seat, weeks after billionaire founder Richard Branson’s high-profile trip ...

The Cyprus Hoteliers Association has presented a plan detailing how the sector can recover in Cyprus. “Hoteliers remain focused on achieving the ambitious objectives that have been set despite the ...

Swiss International Air Lines (SWISS) reported on Thursday an operating loss of Sfr 398 million ($438.9 million) in the first six months of 2021, due to the coronavirus pandemic and continuing global travel ...

Law firm Elias Neocleous & Co has on Wednesday initiated the beta testing phase of its cutting-edge legal technology solution Neolaw.ai. Working with machine learning and Artificial Intelligence, Neolaw....

Major drinks companies are making deals and reaching joint ventures to boost their offerings of spirits priced at $200-a-bottle and up, the fastest-growing segment in the $1 trillion global market for ...

The Bank of England is expected to keep its huge support for Britain’s economy running at full speed on Thursday, despite a strong recovery from its pandemic slump and ...

Oil prices rose towards $71 a barrel on Thursday on rising Middle East tensions, while fresh movement restrictions imposed by countries to counter a surge in COVID-19 cases threatened the demand ...

The Institute for Research and Innovation in Health (i3S) at the University of Porto announced on Wednesday it has discovered the mechanism that defines why the severity of COVID-19 ...

Germany is to allow some institutional investors to place billions of dollars in crypto assets for the first time. A law taking effect on Monday will let so-called Spezialfonds with ...

Cyprus-based Vioiatriki Laboratories are offering a cellular immunity test for Covid-19, according to a statement. “Cellular immunity begins almost simultaneously with the production of antibodies to the virus after disease ...

Toyota Motor Corp posted a record quarterly profit on Wednesday and Honda Motor Co (7267.T) raised its annual profit estimate as pandemic-hit sales rebounded, but the automakers saw no end ...

British private-sector growth slowed sharply last month due to supply-chain bottlenecks and high worker absences prompted by COVID-19 isolation requirements, a closely watched survey indicated on Wednesday. Price pressures rose ...

British coronavirus vaccine developer Sarah Gilbert has many science accolades to her credit but now shares an honor with Beyonce, Marilyn Monroe and Eleanor Roosevelt: a Barbie doll in her ...

Turkish inflation jumped to 18.95 per cent in July, the country’s statistical authority announced on Tuesday. This is an increase from 17.53 per cent in June, and the highest rate of ...