Business

Cyprus’ retail turnover recorded a significant increase on an annual basis in October, according to data released by the Cyprus Statistical Service (Cystat) on Monday. The Retail Trade Turnover Value ...

China Evergrande Group (3333.HK) shares have been suspended from trading on Monday pending the release of “inside information”, the embattled property developer said without elaborating. Evergrande, the world’s most ...

Tesla Inc’s (TSLA.O) shares were set to open this year at their highest in about a month after reporting stronger-than-expected quarterly deliveries of its electric cars, allaying fears ...

Another weekend, another chance for Sony’s superhero adventure “Spider-Man: No Way Home” to flex its box office dominance. The comic book sequel, starring Tom Holland as Marvel’s favorite ...

Turkey’s annual inflation rate surged to 36.1 per cent last month, its highest in the 19 years Tayyip Erdogan has ruled, laying bare the depths of a currency crisis engineered by ...

Tesla Inc (TSLA.O) on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production. It was the ...

Chinese gaming and social media company Tencent Holdings Ltd (0700.HK) has taken a small stake in Britain’s Monzo as part of a fundraising, the digital bank said on Friday, ...

Germany on Sunday welcomed a plan by the European Union to label some natural gas energy projects as “green” investments, but stressed its opposition to a proposal to do the ...

Sweden’s Northvolt said on Wednesday its new gigafactory in northern Sweden has assembled its first battery cell, making it the first European company to design and manufacture a battery ...

The United Arab Emirates prime minister and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has approved Dubai’s budget for the fiscal years 2022-2024, with a total expenditure of 181 ...

China Evergrande Group (3333.HK) on Friday dialled back plans to repay investors in its wealth management products, in a move that highlights the deepening liquidity squeeze at the property developer ...

JPMorgan Chase & Co (JPM.N) has offered its staff the option of working from home for the first two weeks of 2022, with a caveat that all employees are expected ...

For global financial markets, the second year of the COVID pandemic has been nearly as dramatic as the first. The stocks bulls have stayed firmly in charge, surging energy and ...

UK’s FTSE 100 ended 2021 with its best annual performance in five years on the back of gains in commodity-linked and industrial stocks although the index fell in Friday’s holiday-thinned ...

The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly ...

Stock markets dipped on Friday in thin trading but were set to see in the New Year with double-digit gains for 2021, while oil prices retreated from $80 a barrel following their ...

Gold was set for its worst year since 2015 on Friday as a global economic recovery caused safe-haven flows into the metal to ease and as central banks prepared to raise ...

Emerging market stocks broke a two-year winning run, but were set to end the last day of 2021 on a positive note on Friday boosted by China shares, while Turkey’s ...

Bitcoin close to $70,000, “memecoins” worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest yet for cryptocurrencies, even by the sector’s volatile ...

Chip company Advanced Micro Devices Inc’s (AMD.O) $35 billion all-stock deal for peer Xilinx (XLNX.O) is now expected to close in the first quarter of 2022, delayed from a ...

Chinese telecoms equipment giant Huawei Technologies Co Ltd (HWT.UL), battered by US sanctions, expects 2021 revenue to have declined nearly 30 per cent and predicted continued challenges in the New Year. ...

The Turkish lira weakened for a fifth consecutive day on Friday, further eroding the big gains it made a week earlier as investors continued to fret about the country’s ...

Sterling hit its highest level against the euro since the end of February 2020 as easing concerns about the economic impact of the pandemic boosted risk-on currencies, while analysts expect more ...

Fusion Reactors CEO Christos Stavrou is unequivocal when he speaks about the potential value of fusion technology, both in terms of its use to the world, but also to Cyprus. “...