Business

European Stability Mechanism (ESM) chief Klaus Regling said on Monday following a Eurogroup meeting that none of the five member states in the Post-Programme Monitoring (PPM) framework is in immediate ...

British house prices grew at the fastest pace in 15 years over the past three months, reflecting a lack of homes, a strong job market and low borrowing costs, mortgage lender ...

EU’s antitrust regulator is taking a deeper look into Microsoft Corp’s (MSFT.O) $16 billion deal for transcription technology company Nuance Communications Inc (NUAN.O), asking customers and competitors ...

British grocery inflation hit a 17-month high in November, with the prices of crisps, savoury snacks and cat food increasing the most, market researcher Kantar said on Tuesday. It said ...

BMW (BMWG.DE) has sold its one millionth electric vehicle (EV) – including purely electric and hybrid vehicles – and plans to reach two million sales of purely electric vehicles by 2025, the ...

Property sales across three major Limassol municipalities exceeded €6.3 billion in value over the past five years, a report from independent real estate asset management and advisory firm WiRE has shown. ...

As details of a new COVID-19 variant emerge, investors are bracing for a potential hit to US corporate earnings, particularly among retailers, restaurants and travel companies. News of the Omicron ...

The Association for the Protection of Borrowers (Syprodat) has issued a reminder that the state-backed business loan scheme has come into effect. The scheme stipulates that state guarantees will cover 70 ...

European regulators have issued a preliminary warning that patches of lightning protection may have been wrongly fitted on over a dozen Airbus (AIR.PA) A350 jets, while Delta Air Lines (...

The Minister of Energy, Commerce and Industry Natasa Pilides, is in Houston to attend the World Petroleum Congress where she had meetings scheduled with foreign counterparts, US state officials and ...

Workers at several Tesco (TSCO.L) distribution centres across Britain are set to strike in the run-up to Christmas, potentially hitting product availability, the Unite union said on Monday. It ...

The Turkish lira briefly slid 1 per cent on Monday, again nearing record lows touched last week as concerns persisted over President Tayyip Erdogan’s rate-cutting drive and Qatar said it ...

Loan restructuring jumped 400 per cent year-on-year in the first half of 2021, after the expiration of an installment moratorium due to Covid, Central Bank Governor Constantinos Herodotou said on Monday. Herodotou ...

Their refusal gives a tenant the right to be heard even though the rent has not been paid The behaviour of a landlord and a tenant is examined by the ...

Frank Appel, the chief executive of German logistics company Deutsche Post (DPWGn.DE), is the favourite to become the next supervisory board chairman of Deutsche Telekom (DTEGn.DE), two sources ...

We often wonder whether we appreciate how lucky we are to have been born and live in Cyprus. When looking at what is happening all over the world including in ...

Telecom Italia’s (TIM) top shareholder Vivendi (VIV.PA) is open to discussing the possibility that the Italian government wins control of TIM’s fixed-line network, a spokesperson for the ...

Some of China’s major property developers are planning to issue asset-backed securities in the near term, a further sign that regulators are marginally broadening financial channels for developers amid ...

How the academic and research community can transform their findings into innovative, real-world solutions and applications was the focus of an event last week that looked at the growing technology ...

Israel’s Property and Building Corp (PTBL.TA) said on Sunday it agreed to sell the HSBC Tower building in midtown Manhattan for $855 million to New York-based real estate firm ...

Paramedics with jetpacks, border police in flying cars and city workers commuting by drone all sound like science fiction – but the concepts are part of a advanced air mobility (AAM) ...

British supermarket group Sainsbury’s (SBRY.L) has postponed all Christmas parties until the new year, fearing the emergence of the coronavirus Omicron variant could lead to higher staff absence ...

Britain’s finance minister Rishi Sunak is preparing to cut income tax by 2 pence to the pound or to slash rates of Value Added Tax (VAT) before the next election, ...

Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies. Bitcoin was 12 per ...