#BusinessPick

Costa Coffee has followed rival Pret A Manger in raising pay for its British store staff for the third time in a year. The coffee and sandwich chain, a unit ...

The Turkish Competition Board said on Monday it had decided to fine billionaire Elon Musk 0.1 per cent of Twitter’s gross income in Turkey in 2022, as his takeover of the ...

British new car registrations rose by a quarter in February and almost half a million plug-in cars are expected to join the road by the end of 2023, according to preliminary ...

Shares of Silvergate Capital Corp (SI.N) fell 10 per cent in early trading on Monday after the bank suspended its crypto payments network and expressed doubts over the viability of ...

Britain said it would extend until the end of June the financial guarantee it has provided to ensure UK applicants to the Horizon Europe scientific research programme receive funding while ...

Binance, one of the world’s largest cryptocurrency exchanges, developed a plan to avoid the threat of prosecution by US authorities as it started an American entity in 2019, the Wall ...

The US dollar was broadly lower on Monday as investors awaited testimony from Federal Reserve Chair Jerome Powell and looked towards a February jobs report at the end of the ...

Silvergate Capital Corp (SI.N) said on Friday it made a “risk-based decision” to discontinue the Silvergate Exchange Network, its crypto payments network, two days after the digital asset-focused bank ...

Mercedes-Benz (MBGn.DE) laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity of 2500 tonnes and ...

Russian oil firm Rosneft’s CEO Igor Sechin met with Cuba’s President Miguel Diaz-Canel late on Saturday, the island’s leader said, amid an acute fuel shortage that has ...

Wealth management for institutional clients requires specialisation in order to deal with the tumultuous regulatory environment, as well as all new trends, challenges and opportunities, according to Eurobank Cyprus’ Menelaos ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced that it has signed a memorandum of understanding with its Cuban counterpart, as part of the chamber’s strategy ...

Dell Technologies Inc (DELL.N) forecast current-quarter revenue and profit below Wall Street estimates on Thursday, hit by an ongoing demand slump in its PC business due to consumers and ...

Saudi Arabia has launched 192 billion riyals ($51.2 billion) of investments led by local companies, including oil giant Aramco (2222.SE), SABIC (2010.SE) and Ma’aden (1211.SE), under a government-backed initiative, state news ...

Deposits and loans in Cyprus experienced a net decrease in January 2023, according to a report released this week by the Central Bank of Cyprus (CBC). Based on the report, total ...

The Institute of Certified Public Accountants of Cyprus (Selk) this week released a statement congratulating newly-elected president Nikos Christodoulides for his recent election victory. “We also extend our congratulations to ...

The Cyprus Ports Authority this week told the House Finance Committee that its budget for 2023 will generate a slight surplus, while also referring to the upgraded role it has now ...

On Friday, the Nicosia Chamber of Commerce and Industry (Evel) announced that its director Socratis Heracleous met with his French counterpart, the director general of MEDEF Paris, Marie-Sophie Ngo Ky ...

By Maria Demertzis When Russia invaded Ukraine on February 24 of last year, the hope was that this unnecessary and brutal war would last only a few weeks. We are now ...

Brazil’s central bank on Thursday approved Meta Platforms’ (META.O) payments launch for small and medium-sized businesses in Brazil via its messaging application WhatsApp, building on the app’s ...

Microsoft Corp (MSFT.O) is expected to secure EU antitrust approval for its $69 billion acquisition of Activision (ATVI.O) with its offer of licensing deals to rivals, three people familiar ...

The recovery in euro zone business activity gathered pace last month as growth accelerated in the bloc’s dominant services industry, a survey showed, providing the latest piece of evidence ...

Growth in the United Arab Emirates’ (UAE) non-oil private sector in February accelerated slightly from the previous month, supported by a pick up in output growth, although the overall outlook ...

British chip technology firm Arm Ltd, owned by Japan’s SoftBank (9984.T), said on Friday it would pursue a US-only listing this year, dashing the hopes of the British government ...