Business

Oil prices dropped again on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as major crude producers meet this ...

The Securities and Exchange Commission said on Monday it charged 11 people for their roles in creating and promoting a fraudulent crypto pyramid and Ponzi scheme that raised over $300 million from ...

Shares of Taiwan chipmaker TSMC (2330.TW) fell as much as 2.98 per cent on Tuesday, as investors closely watch a possible trip to Taiwan by US House of Representatives Speaker Nancy ...

Apple Inc is dropping its mask mandate for corporate employees at most locations, the Verge reported on Monday, citing an internal memo. This comes even as COVID-19 infections in the ...

Russian jeweller Sokolov is still planning to hold an initial public offering (IPO) in the next two years, the TASS news agency quoted the company’s co-owner as saying on ...

Insignia Ventures Partners has raised $516 million for its latest funds as the Southeast Asia-focused early stage tech venture fund doubles down on the region’s digital economy. “We could have ...

The World Tourism Organisation (WTO) on Monday said that global tourism continues to bounce back from the adverse effects of the coronavirus outbreak, even with a number of more recent ...

PwC Cyprus on Monday said that its specialised seminar on headquartering, titled ‘Headquartering in Cyprus: The why and the how’, attracted a great deal of interest. The seminar, which took ...

Aeva Technologies Inc (AEVA.N) on Monday said it has reached a deal with a German firm to sell its sensors for industrial uses such as automating manufacturing lines with ...

On a busy downtown street three delivery bikes suddenly dart over the pedestrian crossing ahead of the car. On the car’s dashboard they look like small 3D blue blocks ...

Heineken NV (HEIN.AS) on Monday posted higher-than-expected first-half earnings, as consumers bought more beer despite inflationary pressures, but the world’s second-largest brewer shelved its margin target for 2023 as ...

HSBC (HSBA.L) sought to woo investors on Monday with a higher profitability target and bullish dividend outlook, as Europe’s biggest bank pushed back on a proposal by top ...

A few years ago I told then interior minister that it was not possible for even a person with the best qualifications to be able to manage such a diverse ...

As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are starting to feel financial pressure. Generation Z consumers and those with low credit ...

Prevailing real estate market conditions affect rental values of properties accordingly, though for those subject to rent control there is the protection of the court. Determination of fair rent in ...

Britain will now require foreign companies holding UK property to identify their true owners in an official register, the government said on Monday, as part of a crackdown on Russian ...

OPEC’s new secretary general said that Russia’s membership in OPEC+ is vital for the success of the agreement, Kuwait’s Alrai newspaper reported on Sunday, quoting an exclusive ...

People can pay for a slushie with crypto in the streets of “Bitcoin Valley,” a project in the Honduran tourist enclave of Santa Lucia through which the country has entered ...

A big Turkish business group and the central bank clashed on Friday over recent regulations covering loans, with the Istanbul Chamber of Industry’s (ISO) head saying the measures create “...

Saudi Arabia’s gross domestic product rose by 11.8 per cent in the second quarter compared with the same period in 2021, according to initial government estimates on Sunday, as the world’...

Turkey’s inflation is expected to near 81 per cent in July and was seen declining to just 70 per cent by end-2022, a Reuters poll showed on Friday, as global energy ...

Despite the ongoing pandemic and the effects of the Russian invasion of Ukraine, Cypriot tourism is recording significant gains during the 2022 tourist season, CNA reported, citing the French news agency, ...

Very few politicians seem to grasp the magnitude of the coming crisis, its impact and its costs Europe’s energy security is on a knife edge. The concern that there ...

Pilots at German flagship carrier Lufthansa LHAG.DE voted on Sunday by a margin of 97.6% in favour of industrial action, threatening further disruption during the busy summer travel season. Strikes ...