Business

Oil climbed on Friday as the dollar eased and supply risks lingered, though recession fears and China’s COVID outbreaks kept a check on prices. Brent crude futures were up $1.84, ...

Dubai’s Emirates has suspended flights to Nigeria for the second time since September citing an inability to repatriate funds from Africa’s biggest economy, the airline said on Thursday. ...

Twitter Inc will tell employees by email on Friday about whether they have been laid off, temporarily closing its offices and preventing staff access, following a week of uncertainty about ...

Advertisers are grappling with Twitter’s new ownership under Tesla boss Elon Musk, who once tweeted “I hate advertising”. Below are reactions from some of the companies: Ford Motor Co (...

The Association of Cyprus Tourist Enterprises (Stek) on Thursday issued a warning against the dangers posed by short-term rentals, saying that the rapid expansion of such practices in Cyprus needs ...

Unemployment in Cyprus rose by 1.9 per cent year-on-year in October, according to a report released on Thursday by the Cyprus Statistical Service (Cystat). According to the report, based on the ...

Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology and build trust among sceptics, the CEO of the ...

Robinhood Inc (HOOD.O) posted a smaller-than-expected quarterly loss on Wednesday as the brokerage’s margin trading business benefited from rising interest rates, while increased volatility in the markets helped ...

Egypt’s non-oil private sector remained deep in contraction in October, the 23rd straight month of decline, a survey showed on Thursday. The S&P Global Egypt Purchasing Managers’ ...

Qatar’s central bank said on Wednesday it will increase its interest rates by between 50 and 75 basis points, following the US Federal Reserve’s latest rate hike. The Central Bank ...

Microsoft Corp (MSFT.O) said on Thursday it would extend technology support for Ukraine free of charge through 2023, as Russia’s invasion of the country drags on. Microsoft said it ...

The Bank of England raised interest rates to 3 per cent on Thursday from 2.25 per cent, its biggest rate rise since 1989 as it warned of a “very challenging” outlook for the ...

The Bank of Canada on Wednesday said it would take a flexible, risk-based approach in its nascent role as a digital payment regulator, aiming to ensure confidence in the safety ...

Turkish President Tayyip Erdogan said he may negotiate with Twitter’s new boss Elon Musk to avoid paying the monthly $8 charge for the “verified” badge. After buying Twitter for $44 billion ...

The Bank of England looks on track to raise interest rates by three quarters of a percentage point to 3 per cent later on Thursday, its biggest rate rise since 1989 as ...

Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward improving its work culture, but that its business ...

Turkish annual inflation climbed to a new 24-year high of 85.51 per cent in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate ...

The United Arab Emirates’ non-oil private sector picked up again in October, growing at a pace close to August’s three-year high, while employment expanded at its fastest in six ...

Meta Platforms (META.O) on Wednesday said it was adding a host of new features to Instagram, including a tool to trade digital collectibles, in a move that will help ...

The Paphos tourism board (Etap) and Paphos hoteliers association (Pasyxe) this week held a joint event in which they presented the final results of the district’s digital campaign to ...

Non-performing loans (NPLs) in Cyprus fell by a total of €30 million in August, with the percentage of NPLs against total loans standing at 10.9 per cent, down from 11 per cent during ...

Chipmaker Advanced Micro Devices Inc (AMD.O) snatched more share in the lucrative data centre market from rival Intel Corp (INTC.O) in the third quarter, drawing praise from analysts ...

Thousands of businesses will fail to meet pledges to combat climate change unless they start training employees on sustainability, Microsoft Corp’s (MSFT.O) President Brad Smith told Reuters. Speaking ...

Medical device makers and scientists are working on new technologies to improve widely-used devices that assess potential heart and respiratory problems given mounting evidence that current ones could lead to ...