#BusinessPick

Turkey President Recep Tayyip Erdogan announced on Thursday that he is banning Vokswagen from official government service. The German automaker is in the process of pulling out of Turkey, after ...

Wizz Air on Thursday announced the addition of three new destinations from/to Larnaca. There will be new routes to Oslo, Tel Aviv and Kharkov along with the allocation of ...

Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five ...

Pimco, or the Pacific Investment Management Company, is an American investment management firm founded in 1971 in California. The firm focuses on bonds and today manages more than $1.92 trillion in assets. ...

ECONOMIC sentiment weakened in Cyprus in January, yet businesses expect to keep employment stable, according to a survey by the Economic Research Centre at the University of Cyprus. “In January 2021, ...

Teenage activist Greta Thunberg told the Davos Agenda forum on Friday that “current targets for climate change equal surrender.” Her message was: “My name is Greta Thunberg and I’m ...

Microsoft Corp on Tuesday reported its Azure cloud computing services grew 50 per cent, the second quarter of acceleration in a business that had begun to slow as the global pandemic ...

The inauguration yesterday of Joe Biden as 46th US president is, overall, good news for European investors. The most basic element of progress is unquestionably that the turmoil of the ...

The Harvard Business Review recently asked this question, noting that about 25 per cent of CEOs are thanked for their service and dismissed before their contracts are up. There is definitely ...

Chinese President Xi Jinping warned that a “new cold war” could turn hot, and must be avoided, in a speech on Monday at World Economic Forum’s virtual “Davos Agenda” ...

The pandemic and lockdown has businesses all over Cyprus finding ways to work via online communications. Never has the need for a secure and efficient computer network been greater. But, ...

by InvestCyprus Cyprus is evolving, attracting new investment with business-friendly initiatives that have substantially increased the island’s appeal in today’s hi-tech world, and part of that is an ...

“Blockchain technology follows the so called Gartner’s Hype Cycle that all nascent technologies go through. A lot of hype initially, many promises, people trying to invest or make money ...

RISE recently developed the Covid-19 contact tracing application which will be put to work in Cyprus within a few weeks of this publication. We’ll be able to identify if ...

Boeing Co said on Friday it will begin delivering commercial airplanes capable of flying on 100 per cent biofuel by the end of the decade, calling reducing environmental damage from fossil ...

Tesla Inc chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a $100 million prize for development of the ‘best’ technology to capture carbon dioxide emissions. Capturing ...

The European Parliament on Thursday voted a resolution to reform and expand the official list of global tax havens. The resolution calls for screening EU Member States for acting effectively ...

Facebook Inc said on Thursday it was referring its decision to indefinitely suspend the accounts of former US President Donald Trump to its independent oversight board. The suspension has attracted ...

Moody’s praised the sale of the Bank of Cyprus “Helix 2” package of non-performing loans in a note released on Thursday. “The sale will significantly reduce the bank’s stock ...

BMW aims to return to its pre-pandemic operating margin target as the global economy recovers, but big investments in electric cars mean the automaker will have to simplify its vehicle ...

The Governing Council of the European Central Bank announced today that it would stick to its very accommodative monetary policy stance, as they continue to assess whether the €500 billion stimulus ...

The dollar fell, the pound rose slightly, and the euro held steady on Wednesday as Joe Biden was inaugurated as the 46th US president. Risk appetite held up on optimism ...

BlackRock Inc is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of cryptocurrency to its clients. The ...

Back in 2009, we had the pleasure of watching Vladimir Putin, at the time prime minister of the Russian Federation, at Davos warn us about the dangers of placing too much ...