#BusinessPick

The number of registered unemployed in Cyprus decreased in April 2023, compared to the same month last year, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

China’s five-day Labour Day holiday in early May was once a good excuse for a quick European jaunt – with a side of luxury shopping on the agenda. But with ...

The European Central Bank will continue raising interest rates until inflation is under control, two ECB policymakers said on Friday as surveys showed the fight against rising prices was far ...

British Airways-owner IAG (ICAG.L) and Air France-KLM (AIRF.PA) on Friday reported bumper summer bookings as travellers pressed ahead with holiday plans despite a cost-of-living crisis. IAG, which also ...

Turkey’s central bank is sticking to its inflation forecast of 22.3 per cent for 2023, Governor Sahap Kavcioglu said on Thursday – less than half of market expectations – even though the decline ...

Apple Inc’s (AAPL.O) results beat expectations on Thursday, showing off the tech giant’s resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads ...

The Cypriot government posted a surplus of €324.1 million for the first quarter of 2023, according to the preliminary fiscal results released this week by the Cyprus Statistical Service (Cystat). This figure ...

The performance of the Cypriot economy remains strong, despite a weakening of growth momentum in the last quarter of 2022, according to a report released this week by the Economics Research ...

India and Russia have suspended efforts to settle bilateral trade in rupees, after months of negotiations failed to convince Moscow to keep rupees in its coffers, two Indian government officials ...

Three executives from Cypriot fintech Ask WiRE have clinched the first prize in the Bank of Greece Datathon 2023, which was the first National Open Data Application Competition. Terpsi Mitsi, Marios ...

The European Central Bank raised interest rates by 25 basis points to 3.25 per cent as expected on Thursday and said it would stop reinvesting cash from maturing debt in its 3.2 trillion ...

International paytech company payabl. has been ranked as one of the top 50 fastest-growing technology companies in the Middle East and Cyprus, according to the Deloitte Technology Fast 50 programme. This year, ...

A former product manager at non-fungible token (NFT) marketplace OpenSea was convicted on Wednesday of fraud and money laundering for using inside knowledge of which assets would be featured on ...

Adidas (ADSGn.DE) is set to update investors on Friday about the unsold Yeezy shoes that have put the German sportswear giant in a predicament since it cut ties with ...

Oil prices rose on Thursday but were unable to claw back the more than 9 per cent decline during the previous three days as demand concerns in major consumers overrode signals ...

Junior Achievement Cyprus (JA Cyprus) recently hosted the 10th annual Award Ceremony for its “Student Business 2023” programme with resounding success. This milestone event commemorated a decade of the organisation’s ...

The Paphos regional board of tourism (Etap) this week announced that it has successfully participated in a European programme for smart small-to-medium enterprises (SMEs), which will help to improve the ...

Greenspan Projects, a creative design and build specialist, on Wednesday, announced that it has been appointed to work on City of Dreams Mediterranean, a major project which will create one ...

Median pay for top US CEOs rose 7.7 per cent last year to a record $22.3 million, a new study found, as big stock awards helped the group stay ahead of inflation ...

Turkish annual inflation slowed to 43.68 per cent in April, official data showed on Wednesday, easing ahead of elections that polls show President Tayyip Erdogan risks losing largely due to a ...

Government-led reforms and the growth of private investment in new sectors will help support non-oil economic growth in Saudi Arabia amid an expected sharp slowdown in overall growth this year, ...

Turkey has agreed with Russia’s Gazprom (GAZP.MM) on deferring payment for part of the natural gas it imported after a surge in prices last year, Energy Minister Fatih ...

German airline group Deutsche Lufthansa (LHAG.DE) said it expected strong demand for holiday travel this summer to fill seats on its planes and help it reach its full-year targets. “...

A “salad crisis” affecting British supermarkets hit headlines earlier this year but shoppers across Europe and the Middle East seeking some basic groceries – from pasta to beer to toothpaste – are ...