Cyprus Business Now
The Cypriot used car market has experienced a severe decline over the past 12 years, with 70 per cent fewer sales since that time, according...
BusinessPick
Cyprus Chamber of Shipping says EU emissions package won’t work
The Cyprus Chamber of Shipping doesn’t think that the EU’s package to decarbonise shipping will simply prove effective. The “Fit for 55” package is a set...
France imposes health pass for restaurants, gyms, shopping, hospitals
The new French law extending the use of the health pass (pass sanitaire) to a wider range of public places will enter into force on...
Barclays pays out more than $1 bln to investors as profits rebound
Barclays (BARC.L) will pay out more than a billion dollars in dividends and buybacks to shareholders after beating first-half profit forecasts as bad loan fears...
German insurers expect up to $6.5 bln in storm claims
German insurance industry association GDV estimates that there will be up to 5.5 billion euros ($6.5 billion) in claims from storms that brought catastrophic flooding...
Boeing posts first profit in almost two years helped by 737 MAX deliveries
Boeing Co (BA.N) on Wednesday posted its first quarterly profit in almost two years, as deliveries of its best-selling 737 MAX jets to airlines gained...
Bitcoin breaks above $40,000
Bitcoin broke above $40,000 on Wednesday and headed for another attempt at breaking from its months -long range as short sellers bailed out and traders...
Confidence in Cypriot economy drops in July
Households and business owners in Cyprus are less optimistic about the economy when compared with a month ago, a report by the University of Cyprus...
Cyprus Business Now
Property prices dropped in the second quarter of 2021 according to real estate data experts WiRE FS. On a quarterly basis, prices for apartments fell...
McDonald’s big sales growth expected as labour crunch looms
McDonald’s BTS celebrity meals and crispy chicken sandwiches are expected to fuel a US sales increase of 24 per cent when the company reports second-quarter...
Lebanese fleeing collapse at home seek security, salaries in UAE
Until a few months ago, 32-year-old Michelle Chaaya was a human resources professional at a multinational firm in Lebanon. Now she works as a bartender...
‘Talent war’ pushing white-collar pay higher, British recruiter says
The COVID-19 pandemic has worsened a shortage of white-collar workers in many countries, forcing companies to pay higher salaries to woo talent, a top London-based...
Cyprus Business Now
The Cyprus Securities and Exchange Commission has warned the public that certain individuals are contacting investors while pretending that they are representing the commission. Under...
Cyprus faces EU legal action over copyright with 22 other Member States
Cyprus, France, Spain, Italy and 20 other EU countries may be taken to court for their tardiness in enacting landmark EU copyright rules into national...
Israel weighing Covid vaccine booster shots for over 60s
Israel is considering giving a third shot of the Pfizer (PFE.N)/BioNTech Covid-19 vaccine to its elderly population even before FDA approval in order to help fend...
Jaguar Land Rover owner sees demand recovering
India’s Tata Motors Ltd said on Monday it expects performance to improve from the second half of its current financial year, anticipating an easing of...
Oil falls as coronavirus, slower China imports hit demand
Oil prices fell on Monday due to concerns over fuel demand caused by the spread of COVID-19 variants and as changes to import rules in...
After $4 billion in losses, Heathrow tells UK to open up travel
London’s Heathrow Airport urged Britain to open up travel to vaccinated passengers after its recovery fell behind hubs elsewhere in Europe, pushing its cumulative pandemic...
Armani sales rocket amid speculation about succession
Sales at Giorgio Armani jumped 34 per cent in the first half of 2021 as business in China and the United States helped the Italian...
Germany mulls restrictions for unvaccinated
Chancellor Angela Merkel’s chief of staff said on Sunday he fears the number of new coronavirus cases in Germany could soar to 100,000 a day...