International

Petrolina Holdings on Monday released a regulatory announcement stating its acquisition of the oil trading firm Silk oil. Petrolina will pay a redemption consideration at a maximum amount of €9 million, ...

Activist investor Carl Icahn has sold more than half his stake in Herbalife Nutrition back to the company for $600 million at $48.05 a share and has given up the five seats ...

OPEC sees plenty of downside risks for oil markets in the first half of 2021, its secretary general said on Sunday, a day before meeting allies led by Russia to discuss ...

When Carlos Tavares takes the wheel of a combined PSA and Fiat Chrysler this year he will quickly need to revive the carmaker’s fortunes in China, rationalise a sprawling ...

An interview with Astrobank chair of the board Shadi Karam In less than five years, since AstroBank took over Piraeus Bank Cyprus in 2016, the bank has elevated its role as ...

Tesla Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the ...

Africa Rising may fast become Africa Uprising. After a decade of a debt-fuelled growth, the poorest continent always risked a difficult moment of reckoning. Depressed commodity prices and more circumspect ...

Digital currency Bitcoin extended its record-smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time, with ever more traders and investors betting that it is ...

You can make a large single property easier to monetise by managing it through a fund, says Nicosia-based Resolute Asset Management – they didn’t invent the concept, but they’ve ...

Oil production in Russia declined last year for the first time since 2008 and reached its lowest level since 2011 following a global deal to cut output and sluggish demand caused by ...

Wizz Air’s new joint venture in Abu Dhabi will shortly begin direct flights to Larnaca The new Abu Dhabi-based venture will begin flights to Athens on January 15. Flights to ...

There is a whole new approach to management emerging from the struggles of the pandemic crisis. While soft skills have been all the rage for some years, never has top ...

The Tel Aviv-based medtech firm Novel Concepts Medical claims to have found a treatment that “cures” Covid-19, the firm told City A.M. on Friday The “cure” was proven in ...

Nissan Motor is planning to further reduce its presence in Europe and outsource the sales and manufacturing of its cars to alliance partner Renault, the daily Yomiuri newspaper reported on ...

It is rare for most investment pundits to agree about anything, but, at this point in time, there is a remarkable consensus: ‘Things are looking up.’ It is hard to ...

Wall Street advanced on Thursday and the dollar gained ground as investors closed the book on a turbulent year of pandemic, recession and recovery. The pan-European Stoxx 600 Index clawed back ...