#BusinessPick

The future for Cyprus professional services is to use its vast know-how and experience in international markets, and to do this, planning is needed, Marios Klitou, CEO of Baker Tilly ...

Indigenous people from Brazil and Colombia sued retailer Casino in a French court on Wednesday over the selling of beef linked to land grabbing and deforestation in the Amazon, campaigners ...

Cyprus on January 4 activated the beneficial owners register, thus completing the transposition of the 4th AML Directive (Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on ...

Germany’s financial watchdog has taken direct oversight of day-to-day operations at Greensill Bank, as the lender’s ailing parent company warned that its loss of $4.6 billion of credit insurance ...

Britain’s big four banks amassed more than £200 billion ($277.52 billion) of new deposits last year as customers reined in spending through pandemic lockdowns, far outstripping extra lending to struggling businesses ...

The market for Cyprus office real estate is forecast to fall 10 per cent to 15 per cent in aggregate office demand this year, reports Wire-FS, an independent real estate asset management ...

Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of automakers planning to phase out fossil-fuel engines by the ...

Turkish Airlines posted a net loss of $836 million for 2020, according to a report on financial results released on Monday. The Turkish national airline, which is 49.12 per cent owned by the ...

A revamped Alitalia, renamed ITA will start with 45 planes, have around 4,500 workers and get just over €1 billion ($1.2 billion) in state support, less than half of what was previously envisaged, newspaper ...

The world’s biggest central banks will happily live with higher inflation and investors now aggressively betting on a quicker end to monetary stimulus are all but certain to be ...

Bitcoin is forecast to become an important instrument in international trade, as well as a means to protect businesses from forex risk, according to a report released by Citigroup’s ...

AstraZeneca sold its stake in rival COVID-19 vaccine maker Moderna for roughly $1 billion over the course of last year as the Anglo-Swedish drugmaker cashed in on the meteoric rise in ...

In October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have watched for free online. Last week, he sold it for $6.6 million. The ...

Britain’s government plans to launch the world’s first sovereign green bonds for retail investors as part of its push to create a net-zero-carbon economy by 2050. The savings bonds ...

China’s rare earths are underpriced due to vicious competition and face low resource utilisation, which would lead to a race to the bottom, the country’s industry minister said ...

“Househusband”, popular on manga apps and in print, plays with gender stereotypes at a time of social change in Japan. The strip has been made into a TV drama, with ...

Having started in financial services in London in the early 1990s, Mark Nowell has worked with high-net-worth clients across Europe and the Middle East. He is a registered European Financial ...

Born in Cyprus, Constantinides studied law in England, and took a Masters degree in international commercial law there. He then qualified in England for the Bar, and after some initial ...

Emilios Tannousis is the Manager Wealth Management at Bank of Cyprus. With an experience of almost 20 years in the Wealth and Asset management industry he is covering the Private Banking ...

Biography Richard Thomas is the Head of EFG International’s UK Region and member of the Global Business Committee since 02 January 2019. In addition, he is CEO of EFG Private Bank ...

Oil prices fell on Friday as the US dollar rose while forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels. US West Texas Intermediate (...

Britain said on Friday it would offer a fast-track visa scheme for jobs at high-growth companies after a government-backed review warned that financial technology firms will struggle with Brexit and ...

Chinese electric car maker Nio plans to enter European markets from the second half of 2021, CEO William Li said at an online conference on Thursday. He also announced the company’...

Bitcoin was headed on Friday for its worst week since March as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets. The world’...