#BusinessPick

Turkey’s lira weakened to a fresh record low of 18.9620 against the dollar on Thursday, as investors weigh the economic impact of massive earthquakes that hit the country last month. ...

Egypt’s annual urban consumer inflation rate in February leapt to a higher-than-expected 31.9 per cent, its highest in five and a half years, from 25.8 per cent in January, data from ...

Equities revenue plummeted 95 per cent in the fourth quarter Bank earlier informally looked at options for unit Bank declines to comment on ‘rumours and speculation’ At the grandiose Fontainebleau Miami ...

The European Bank for Reconstruction and Development (EBRD) said on Thursday that it will invest up to 1.5 billion euros ($1.6 billion) in the next two years to support reconstruction and recovery ...

US-led international sanctions on Russia have begun to erode the dollar’s decades-old dominance of international oil trade as most deals with India – Russia’s top outlet for seaborne crude – ...

The Cyprus Computer Society this week released a statement congratulating Deputy Minister of Research, Innovation and Digital Policy Philippos Hadjizacharias for his recent appointment to the role. “The Cyprus Computer ...

Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion ...

Executives and officials from some of the world’s top oil and gas companies said on Tuesday energy markets are balanced now, but could easily be disrupted due to tight ...

The Cyprus-based fintech company, Armenotech, will be actively participating in central bank digital currency (CBDC) projects internationally in 2023. The company is considering taking part in three ventures, two of which ...

Heineken (HEIO.AS) on Tuesday blamed the delay in its Russia exit on local bureaucracy that it said was beyond its control, and reiterated it still planned to exit the ...

The Research and Innovation Foundation (Idek) on Wednesday announced that it has concluded an agreement for its participation in the Academianet Network, with the aim of strengthening women’s activity ...

Inflation expectations among eurozone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth will slow efforts to control prices, a European Central ...

Rivian Automotive (RIVN.O) plans to sell bonds worth $1.3 billion, it said on Monday, as weakening demand and lofty costs tighten a cash crunch around electrical vehicle makers. Shares in ...

Salesforce Inc (CRM.N) said on Tuesday it was working with ChatGPT creator OpenAI to add the chatbot sensation to its collaboration software Slack, as well as bring generative artificial ...

The Association for the Protection of Borrowers (Syprodat) this week said that the government should immediately implement a new mechanism or modify any existing frameworks in order to resolve the ...

The Bank of Israel has instructed local banks to report more frequently on the movement of money in and out of Israel, a central bank spokesperson said on Tuesday. The ...

Nissan Motor Co Ltd’s (7201.T) credit rating was cut to junk status by S&P Global Ratings on Tuesday, which said the Japanese automaker’s earnings will remain ...

For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hooked on high growth, some are turning away from the original cryptocurrency – designed as an ...

The beauty and personal care startup Snap is in the process of raising capital through the equity crowdfunding platform CrowdBase, with the company having already raised 70 per cent of the ...

This is the first deal announced by Zubr Capital after the launch of Fund II, its new investment fund, in 2022. A large investment of $13 million went to Oro, a well–...

A lack of availability in fresh produce categories weighed on sales growth at British supermarkets in the four weeks to Feb. 25, industry data showed on Tuesday. Britons have been grappling ...

Microsoft Corp (MSFT.O) on Monday bundled the technology behind ChatGPT with its Power Platform that allows users to develop applications with little or no coding, the latest integration of ...

Household deposit and lending rates in Cyprus experienced a slight decrease in January 2023, while the corresponding rates for non-financial companies increased, according to a report by the Central Bank of ...

The inflation rate in Cyprus reached 6.7 per cent in February 2023, with the Consumer Price Index increasing by 0.87 points to 112.88 points, compared to 112.01 points in January 2023, according to a report by ...