#business

Britain’s competition regulator plans to propose a deeper probe into the large amount of land controlled by top homebuilders and into high charges arising from difficulties in handing over ...

Credit Suisse, which is now a subsidiary of UBS (UBSG.S), posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to a report in the ...

Turkey’s latest massive interest rate hike has caught the attention of long-sceptical foreign investors who say they could return to Turkish assets if authorities continue to demonstrate that a ...

Many smaller US manufacturers that supply parts to the Detroit Three automakers will be at risk if a long United Auto Workers strike shuts down assembly lines starting next month, ...

European researchers are striving to improve the technology that could one day help blind people see again. By Anthony King Berna Gomez, a former science teacher from Spain, became a ...

British retailer the John Lewis Partnership said on Friday it is recruiting for more than 10,000 jobs over the coming months – 1,700 permanent positions and over 8,400 seasonal roles. The employee-owned partnership trades ...

Proxy advisory firm Institutional Shareholder Services recommended on Wednesday that Nike (NKE.N) investors vote for a resolution calling on the company to disclose more data on pay equity for ...

Here are the top business stories in Cyprus from the week starting August 21: Entertainment venues in coastal towns are still seeing heightened traffic after the 15 August public holiday, according to ...

Nvidia (NVDA.O) far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fueled demand for its chips and said it would buy back $25 billion in ...

Germany plans to almost double its public funding for artificial intelligence research to nearly a billion euros over the next two years, as it attempts to close a skills gap ...

Google will provide more information on targeted advertisements and give researchers more access to data on how its products work, to comply with landmark European Union online content rules, the ...

Cypriot firm Ask Wire this week released a report detailing the value of the ten most expensive property sales transactions completed in July 2023, along with the cumulative value of the ...

Cyprus-based Multimarine Services Ltd this week announced that it has marked a significant achievement with the successful construction of a floating electrical hub, heralding the island’s entrance into the ...

Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the US sandwich chain at up to $9.55 billion, ...

Sikorsky, a unit of Lockheed Martin (LMT.N), said on Thursday it was awarded a $2.7 billion contract by the US Navy to build 35 additional CH-53K helicopters. The CH-53K ...

Some foreign companies trying to exit Russia are facing a big jump in costs as Moscow is demanding bigger discounts on the price tags of assets they want to sell, ...

Eurobank on Friday announced a further increase in its ownership share of Hellenic Bank, with the bank disclosing that it has reached an agreement with Senvest Management LLC to acquire ...

Mastercard (MA.N) and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a spokesperson for Mastercard said via email ...

Asian stocks sold off and the dollar scaled an 11-week peak against major peers on Friday as investors braced for the risk of a hawkish tilt from Federal Reserve Chair ...

The German economy stagnated in the second quarter compared to the previous three months, following a winter recession, data from the statistics office showed on Friday. The figure of zero ...

The US Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum recipients and refugees in hiring. “The lawsuit alleges that, from at ...

Fashion retailer H&M (HMb.ST) will reopen most of its stores in Ukraine, beginning in November of this year, the Swedish company said in a statement on Thursday. ...

Invest Cyprus CEO Marios Tannousis this week praised the crucial role played by the Cypriot diaspora in promoting the country on the international stage. Speaking at the Global Cypriot Diaspora ...

The new Caesars casino in Danville, Virginia, is a temporary facility reminiscent of an airplane hangar and with limited food and drink options. It still saw 400,000 visitors lay out more ...