Three years after its departure from the European Union, Britain is yet to benefit from the Brexit dividend that was promised for its economy as it lags its peers on ...
Advisory and consulting firm PwC Cyprus on Monday released a report detailing the prevailing trends in terms of mergers and acquisitions across the world throughout the coming year.
According to ...
Facebook on Monday asked a London tribunal to block a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to ...
Toyota Motor Corp (7203.T) sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the world’s top-selling automaker for a third straight year.
Global sales for the ...
Top central bankers, who credit the use of a 2 per cent inflation target with anchoring decades of stable prices, are facing the first full-on test of how well that approach ...
Nissan Motor Co (7201.T) and Renault SA (RENA.PA) agreed on Monday to a sweeping remake of their two-decade-old automaking alliance that will put them on equal footing and see ...
The European Central Bank looks set on Thursday to deliver another large interest rate rise to curb inflation. What it does after that is less certain.
ECB President Christine Lagarde, ...
At the Milton Brewery in eastern England, Richard Naisby’s warehouse is jammed full of pallets stacked high with sacks of malt, a key ingredient for his traditional cask beers.
...
Turkey will hold a natural gas summit on Feb. 14-15 to bring together gas supplier countries and Europe’s consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on ...
Consumer goods giant Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July 1 in a move that was welcomed by board member and activist shareholder ...
Lucid Group’s (LCID.O) shares surged 43 per cent on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted to buy out ...
Microprocessor giant Intel Corp (INTC.O) has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this ...
General Motors Co (GM.N) and Ford Motor Co (F.N) are expected to report strong profits for 2022 next week, powered by premium-priced pickup trucks and sports utility vehicles (SUVs).
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Nigeria’s central bank on Thursday launched a domestic card scheme to rival foreign cards like Mastercard and Visa, hoping to enhance its drive to make Africa’s biggest economy ...
Compliance and data sovereignty are now considered to be strong factors in the way businesses and organisations make decisions about their digital and technology strategies, according to a survey conducted ...
The surprise leadership shuffle on Thursday at Toyota Motor Corp (7203.T), renewed urgency at Renault (RENA.PA) and Nissan Motor Co (7201.T) to restructure their alliance and Elon Musk’s ...
Gold edged lower on Friday as robust US economic data was seen as fodder for the Federal Reserve to keep interest rates high for longer, but caution ahead of inflation ...
By Maria Demertzis
The global fight against climate change suffers from a problem that holds back international action in many areas: countries make promises and set goals, but then fail ...
Cyta celebrated the connection of its 100,000 customers to its island-wide Cyta Fibre network by offering 100 months of free internet to Andreas Michael from Geroskipou, the customer with connection number 100,000.
Having ...
Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail.
Last year central banks ended a decade of ...
Tesla Inc’s (TSLA.O) electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the issue in sharply different ways.
Chief Executive Elon ...
Shareholders can sue McDonald Corp’s (MCD.N) former global chief people officer for the damage they claim he caused to the restaurant chain by allegedly allowing a culture of ...
IKEA is using more wood from Sweden and the Baltics to make up for not sourcing it from Russia and Belarus which the company has shunned due to Moscow’s ...
Fourth-quarter GDP forecast to increase at a 2.6 per cent rate
Strong consumer spending seen; other sectors to contribute
Weekly jobless claims expected to rise moderately
The US economy likely maintained ...