#BusinessPick

Crypto companies offering their customers eye-popping yields through so-called “staking” products are earning the ire of the US securities regulator who says such services should be registered. Crypto exchange Kraken ...

Oil rally to $100 not ruled out by OPEC sources So far in 2023 Brent is up slightly at just over $86 China demand rebound, lack of sizeable supply growth key drivers Some ...

The rapid reopening of China’s economy, plunging European gas prices and cooling US inflation suggest a global recession may not be as deep and protracted as feared just weeks ...

Alphabet Inc (GOOGL.O) and rival Microsoft (MSFT.O) are once again locked in a race to rule the internet zeitgeist after the Google owner launched “Bard” in answer to ...

Finnish game maker Rovio (ROVIO.HE), best known for its Angry Birds franchise, posted a fall in fourth-quarter profit on Thursday and said the global mobile game market in 2022 declined ...

International air travel demand remained strong in December 2022, capping off a year of recovery for the sector, according to a report released this week by the International Air Transport Association (...

The presidents of the Institute of Chartered Accountants in England and Wales (ICAEW) and The Institute of Certified Public Accountants of Cyprus (ICPAC) on Friday announced that they have signed ...

By Charles Ellinas The Economist Intelligence Unit (EIU), a sister organization of The Economist, published the 2022 edition of its annual ‘Democracy Index’ in the first week of February. Another respected ...

Adidas (ADSGn.DE) shares slumped as much as 12 per cent on Friday after the sportswear maker warned it could plunge to a loss this year for the first time in ...

UK GDP shows zero growth in Q4 after 0.2 per cent fall in Q3 Output falls 0.5 per cent in December, partly due to strikes Economy grows 4 per cent in 2022 but still ...

Yahoo said on Thursday it plans to lay off more than 20 per cent of its total workforce as part of a major restructuring of its ad tech division. The cuts ...

Russia to cut oil output by around 5 per cent in March Brent rises 2.5 per cent on the news West introduced price caps on Russian oil over Ukraine Russia banned deals ...

The chief executive of JPMorgan Chase & Co. (JPM.N), the biggest US bank, cautioned against declaring victory against inflation too early, warning the Federal Reserve could raise interest rates ...

The University of Cyprus this week announced that five positions have been made available at the KIOS Research and Innovation Centre of Excellence, as part of an undergraduate research opportunities ...

Airbus (AIR.PA) laid down the law to its stretched supply chain on Wednesday, with a senior US executive reminding contractors to meet timing and quality targets and recommending that ...

Britons would be limited to 20,000 digital pounds ($24,000) each if the country goes ahead with a digital currency, Bank of England Deputy Governor Jon Cunliffe said on Tuesday. Britain’s government ...

Unilever Plc (ULVR.L) said on Thursday it would continue to raise prices for its detergents, soaps and packaged food to offset rising input costs, and ease up those hikes ...

Revolut is giving customers the chance to earn cryptocurrency rewards if they allow the lender to “stake” their coins to verify blockchain transactions, in a sign the digital bank is ...

Egypt plans to sell stakes in at least 32 companies by the end of March 2024, Prime Minister Moustafa Madbouly said on Wednesday, dusting off plans that have largely lain dormant for ...

Access to Twitter in Turkey has been restored, the Netblocks internet observatory said on Thursday, following talks between the company and Turkish authorities about content posted after a major earthquake ...

Port management company DP World Limassol on Wednesday announced that it had one of its best years since taking over as operator in 2017, recording an impressive performance in 2022, with Limassol ...

The Association of Cyprus Tourist Enterprises (Stek) on Wednesday announced that a range of free seminars will soon become available to tourism sector professionals. “The Association of Cyprus Tourist Enterprises, ...

Ratings agency Moody’s lowered Egypt’s sovereign rating by one notch to B3 from B2 on Tuesday, citing the country’s reduced external buffers and shock absorption capacity. The ...

Following are reactions from analysts and investors to US President Joe Biden’s State of the Union speech on Tuesday, in which he challenged Republicans to lift the debt ceiling ...