#BusinessPick

Daimler AG’s Mercedes-Benz on Wednesday unveiled the EQA, a new electric compact SUV as part of plans to take on rival Tesla Inc and offer more emission-free vehicles to ...

Government support is keeping roughly one in ten German companies afloat that would otherwise have gone bust during the coronavirus pandemic, the International Monetary Fund has found. In a report ...

Pfizer said last week it would slow production in late January and early February because of changes in manufacturing processes, resulting in a supply cut for Canada and European Union ...

Gold prices rose on Wednesday as expectations for a massive US stimulus to help the world’s largest economy recover from the coronavirus jolt bolstered bullion’s appeal as an ...

British firms called on Tuesday for another £7.6 billion ($10.3 billion) of emergency government help, saying they cannot wait until finance minister Rishi Sunak’s March budget to learn if they will ...

Photo shows Turkey’s Deputy Transport and Infrastructure Minister Omer Fatih Sayan “We will never allow digital fascism and anarchism to dominate in Turkey,” the country’s Deputy Transport and ...

Global energy majors including Royal Dutch Shell and Total are expected to benefit most from January’s gas price spike, beating rival trading houses and non-integrated producers thanks to their ...

China’s economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-striken 2020 in remarkably good shape and remained poised to expand further ...

Israel’s economy is likely to grow by 4.6 per cent this year, the Finance Ministry said on Sunday in a forecast reliant on continuation of rapid Covid-19 inoculations and a ...

Syria, hit by sanctions, has over the past year faced months of gasoline and fuel shortages, forcing it to ration supplies distributed across government-held areas and to apply several rounds ...

Turkey has announced a 2021 public investment programme worth ₺138.5 billion ($18.53 billion), with communication and transportation projects receiving the largest allocation of the investment funds. The programme, published in the Official Gazette ...

Britain’s government said on Saturday it would give financial aid to airports before the end of March, after the industry called for urgent support as tighter Covid-19 rules for ...

Vanguard, a fund created in 1975, has last week hit $7 trillion in assets under management, making it the second-biggest in the world. The success of the fund manager is unquestionable. Even ...

Canada’s Alimentation Couche-Tard has dropped its €16.2 billion ($19.6 billion) bid to acquire European retailer Carrefour SA after the takeover plan ran into stiff opposition from the French government, two sources ...

Facebook Inc’s WhatsApp is delaying an update aimed at increasing business transactions on the platform after a storm of concern from users who feared that the messaging platform was ...

President Recep Tayyip Erdoğan on Friday said that he was against raising interest rates, and that rates should be cut to slow inflation. Erdoğan said he was against ...

French carmaker Renault pledged to slim down and focus more on technology as its new CEO laid out plans to revive a business hammered by management turmoil and the Covid-19 ...

Microsoft Corp, health insurer Cigna Corp and the Mayo Clinic are part of a coalition pushing for digital records of people who get vaccinated against Covid-19. A key aim of ...

Airbnb Chief Executive Officer Brian Chesky on Thursday predicted travel would permanently change due to the pandemic with people seeking out thousands of smaller cities and spending more time visiting ...

DarkMarket, the world’s largest illegal sales point for drugs and other illegal merchandise on the dark web, has been taken offline in an international operation involving Germany, Australia, Denmark, ...

Wizz Air sold €500 million in three-year bonds at an interest rate of just 1.35 per cent on Wednesday. The sale was oversubscribed with more than €2 billion in orders from investors. Wizz ...

The US State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as ...

Accusations against “bilateral contracts,” or side deals for vaccines made by the European Commission are false, a European Commission representative said on Tuesday. There are no contracts between individual EU ...

One U.S. Federal Reserve official says there is now a “clearer focus” about the economy’s path forward and a horizon for a fuller recovery. Another says the pandemic’...