Business

Cyprus’ trade deficit recorded an annual increase of €715.1 million during the first nine months of 2021 according to the Cyprus Statistical Service (Cystat). Based on Cystat’s report, the trade deficit ...

Facebook Inc (FB.O) said on Tuesday it plans to remove detailed ad-targeting options that refer to “sensitive” topics, such as ads based on interactions with content around race, health, ...

It was the break-up that eluded a generation of General Electric Co (GE.N) insiders. When Larry Culp, the first GE chief executive not to rise from within its ranks, ...

Nvidia (NVDA.O) is launching new technology to expand its reach in the automotive industry, including a virtual driving assistant that can park a standard car and a system to ...

Cash-strapped China Evergrande Group (3333.HK) faced a Wednesday deadline for making an offshore bond payment, while a credit rating downgrade on another property firm added to mounting concerns about a ...

British retailer Marks & Spencer (MKS.L) on Wednesday beat forecasts for first-half profit and raised its full-year outlook, adding to evidence that its latest attempt at an elusive turnaround ...

Businesses in Cyprus are more reserved about their prospects for the coming year than their European counterparts, according to research published on Tuesday by the Cyprus Chamber of Commerce and ...

Hellenic Bank reiterated its support towards businesses operating in the energy industry, with particular emphasis given to organisations involved with the production of renewable energy. “Last year, we supported Renewable ...

When Elon Musk asked his Twitter followers last weekend if he should sell 10 per cent of his Tesla Inc (TSLA.O) stock, he said he was posing the question because “...

General Electric (GE.N) said on Tuesday it would split into three public companies as the storied US industrial conglomerate seeks to simplify its business, pare down debt and breathe ...

British shoppers picked up the pace of their spending in October despite concerns about rising inflation, according to a survey published on Tuesday. The British Retail Consortium said retail spending ...

It has taken $50 billion and two years but the Bank of Israel may have finally accepted it is time to pare interventions and let the shekel juggernaut roll on. What ...

Porsche SE (PSHG_p.DE) said on Tuesday its nine-month net income bounced to the lower end of the German automotive group’s full-year guidance thanks to profits from Volkswagen (...

British grocery price inflation was 2.1 per cent in the four weeks to Oct. 31, its highest level since August 2020, market researcher Kantar said on Tuesday, adding to the pressure on household ...

Website traffic is the lifeblood of any website. When visitors come to your website, they are bringing you potential customers! That’s why it is so important to keep your ...

Kyndryl, a managed infrastructure services company, completed its separation from American technology giant IBM on November 3, beginning trading on the New York Stock Exchange the day after. “We are thrilled ...

The Cyprus Union of Bank Employees (ETYK) has renewed its collective agreement with card payments and processing company JCC until 2022. The trade union explained that since the Bank of Cyprus ...

United Arab Emirates Energy Minister Suhail al-Mazrouei said on Monday insufficient investments in the oil and natural gas industry could lead to a hike in energy prices. Oil and gas ...

Saudi Arabia is in talks with banks to amend the terms of a $16 billion loan due in 2023 and possibly reduce the size of the facility, sources said, as the world’...

SoftBank Group Corp (9984.T) slumped to a quarterly loss on Monday, as its Vision Fund unit took a $10 billion hit from a decline in the share price of its portfolio ...

European automakers reeling from a global chip shortage have in recent days hastened to assure shareholders that shortages of magnesium are not, for now, a risk to their production plans. ...

By Lanting Liu Cyprus is taking part in the fourth China International Import Expo (CIIE), which opened in Shanghai on Friday, in the virtual country exhibition. It is the first ...

For those who are interested in buying real estate through electronic (or other types of) auctions, we keep noting various scams that surface from time to time with the end ...

Bars, cafés and restaurants that cater primarily to tourists are running at about 50 per cent capacity, and despite a decrease there are calls for them to remain open, they ...