#BusinessPick

Sales at Giorgio Armani jumped 34 per cent in the first half of 2021 as business in China and the United States helped the Italian fashion group bounce back, despite worries about ...

Chancellor Angela Merkel’s chief of staff said on Sunday he fears the number of new coronavirus cases in Germany could soar to 100,000 a day in about two months unless ...

Elon Musk’s private rocket company SpaceX was awarded a $178 million launch services contract for NASA’s first mission focusing on Jupiter’s icy moon Europa and whether it may ...

Britain’s retailers could open thousands of local high street stores over the next 12 months as people start to step out again after months of coronavirus curbs, according to research ...

KPMG’s bank audits needed improvements for an “unacceptable” third year running and the accounting firm will be closely monitored, Britain’s auditing watchdog said on Friday in an unusually ...

It will take 20 years to repay borrowings by the UK government for pandemic spending, reports released on Friday showed. The British government will be exposed to financial risks from its £372 ...

A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports. Events have conspired to drive global supply chains towards breaking ...

Moody’s ratings agency has upgraded Cyprus’ sovereign rating to Ba1 from Ba2 and changed its outlook to stable from positive on a decrease in banking sector risks and the ...

The Limassol municipality is helping businesses affected by the pandemic by suspending or discounting a number of fees and taxes. According to a press release by the municipality, the decision ...

British retail sales resumed their post-lockdown recovery in June after a surprise fall in May, as soccer fans watching the Euro 2020 tournament loaded up on food and drink to enjoy ...

Eurozone business activity expanded at its fastest monthly pace in over two decades in July as the loosening of more COVID-19 restrictions gave a boost to services but fears of ...

Eurobank on Friday announced the acquisition of a 9.9 per cent holding (40,800,000 shares) in Hellenic Bank, according to a statement released on Friday. It also announced entering into a share purchase ...

Transport Minister Yiannis Karousos said that the plan for the implementation of sustainable mobility solutions in Nicosia is progressing, according to the Cyprus News Agency (CNA). Speaking during an event ...

The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to boost sluggish inflation and warned that the rapidly spreading Delta variant of ...

Moody’s Investors Service (“Moody’s”) has on Wednesday upgraded Bank of Cyprus Public Company Limited’s (Bank of Cyprus) and Hellenic Bank Public Company Ltd’s (Hellenic Bank) long-term ...

Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) by 2030 to be ready to take on Tesla in an all-electric car market, but warned the shift in technology ...

Britain’s government on Thursday unveiled a blueprint for returning NatWest (NWG.L) to majority private ownership within a year, more than a decade since bailing out the lender at ...

Eurogroup President Paschal Donohoe praised Cyprus’ “impressive recovery” from the coronavirus outbreak on Thursday, stressing that this performance was the result of good national policies coupled with good decisions taken ...

Celestyal Cruises, a cruise line that also serves Cyprus, have announced a strategic partnership with AtmosAir Solutions, a company specialising in the filtration and cleaning of the air in indoor ...

The Budapest Airport has reported a record turnover for its first six months in 2021, thanks to the Chinese e-commerce giant Alibaba, the airport informed Wednesday. “Thanks to the record half-year, ...

The Cyprus housing market has become unaffordable for many due to the rising cost of construction materials. Industry insiders warn that this will not be resolved for quite some time. “...

“I might pump, but I don’t dump,” said Elon Musk on Wednesday. “I definitely do not believe in getting the price high and selling … I would like to see ...

Israel’s government on Wednesday unveiled a plan to lower fresh produce costs by cutting customs duties and opening the sector to competition, potentially ending years of prices far above ...

Coca-Cola has not seen any direct sales impact after Portugal soccer player Cristiano Ronaldo removed two bottles of its soda placed in front of him at a Euro 2020 press conference ...