#business

South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc (TSLA.O) for failing to tell its customers about the shorter driving range ...

Oil prices held in a narrow range on Tuesday, though the outlook for demand was clouded by a weak manufacturing activity survey from China, and a warning from the head ...

The Bank of Israel raised its benchmark interest rate (ILINR=ECI) by half a point on Monday, and will likely continue its increases a bit more in coming months, saying ...

Cypriot fintech Ask Wire on Tuesday published a report documenting the Nicosia properties that are endangered by a possible overflowing of the Pedieos river. The company noted that the river ...

Council for Registration of Real Estate Agents president Marinos Kineyirou said that the organisation took significant steps to address critical issues concerning both real estate agents and the general public ...

Advisory and consulting firm PwC Cyprus on Monday published its tax guide for 2023, providing a valuable source of information on the current tax system of Cyprus, which the company made ...

Euro zone factories’ darkest days likely over, Dec PMIs show ECB must stop wage growth from fuelling inflation -Lagarde Germany’s finance minister sees 2023 inflation at 7 per cent Croatia joins ...

The downturn in euro zone manufacturing activity has likely passed its trough as supply chains begin to recover and inflationary pressures ease, a survey showed on Monday, leading to a ...

The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies. The US currency has weakened as markets bet a Federal Reserve tightening ...

Russia’s buffetted IT sector risks losing more workers in the new year because of planned legislation on remote working, as authorities try to lure back some of the tens ...

Britain said on Monday its 75-million-pound ($90.5 million) fund aimed at helping boost domestic production of nuclear fuel for power plants and cutting reliance on Russian uranium supplies was now open ...

India’s manufacturing industry ended 2022 on a solid footing as business conditions improved at the fastest rate in over two years while growth in new orders and output accelerated, a ...

Dubai has suspended a tax of 30 per cent on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism hub, two major retailers said ...

Spending on digital transformation projects is expected to more than double over the next four years in Turkey, the Middle East and Africa, according to a report released this week ...

Taiwan will plough an extra T$380 billion ($12.43 billion) in tax revenue back into the economy in 2023 to help protect the island from global economic shocks, including subsidies for electricity prices, ...

Every cloud has a silver lining. So whether or not the sun sets on cryptocurrencies, its underlying technology, blockchain, has a bright future beyond just coins. By Tom Cassauwers Sam ...

Binance’s $1 billion acquisition of bankrupt crypto lender Voyager Digital could be delayed or blocked by a US national security review, according to a Friday bankruptcy court filing. The crypto ...

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakening activity, ...

Cybersecurity spending continued to grow in the third quarter of 2022, with the segment expanding by 15.9 per cent year-on-year during this time, reaching a total of $17.8 billion, a report by industry ...

British annual house price growth marked a further “sharp” slowdown in December, mortgage lender Nationwide said, ending the year on a downbeat note as the impact of surging mortgage costs ...

Fidelity funds slashed the value of their Twitter stake by 56 per cent in November, according to a monthly disclosure by the investment firm released on Friday, as the social media ...

A judge has set Jan. 3 for the first pre-trial hearing in the Biden administration’s case against Microsoft (MSFT.O) over its $69 billion bid to take over “Call of Duty” ...

Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this from adding to already high inflation, ECB President Christine Lagarde told a Croatian ...

The outgoing year saw a number of key events in Cyprus’ economy and business world, ranging from domestic legislation to influential international incidents By Kyriacos Nicolaou Resilience amidst adverse conditions ...