#BusinessPick

Workers removed the branding from McDonald’s outlets in Kazakhstan’s biggest city, Almaty on Friday after the fast food giant’s local business appeared to fall victim to collateral ...

Farm equipment took the keynote spotlight at the CES technology trade show in Las Vegas, as “human security for all” became the first theme in its 56-year history. In his ...

Tesla (TSLA.O) cut prices in China for the second time in less than three months on Friday, fuelling forecasts of a wider price war amid weaker demand in the ...

British construction activity fell last month at its sharpest rate since May 2020, as new orders dried up in the face of rising interest rates and broader cost pressures, a survey ...

Crypto exchange Huobi plans to lay off about 20 per cent of its staff, the company told Reuters on Friday, in the latest instance of cost-cutting in the industry as investor ...

Germany’s Continental (CONG.DE) and California-based artificial intelligence chip firm Ambarella (AMBA.O) announced a partnership on Thursday to make software and hardware systems for autonomous driving. The two ...

When Sony Corp Group (6758.T) teases “Gran Turismo,” its long-awaited adrenaline-fueled film adaptation of Sony PlayStation’s hit car-racing franchise at the CES 2023 technology trade show this week, it will ...

By Ioannis Tirkides In this article, we will examine the political landscape in Cyprus from 2011 onwards, against a backdrop of rising right-populism in advanced liberal democracies over the past couple ...

Silvergate Capital Corp (SI.N) reported a sharp drop in fourth-quarter crypto-related deposits on Thursday and said it would cut its workforce by 40 per cent, or about 200 employees, as withdrawals ...

Greggs (GRG.L) said its Festive Bakes, mince pies and salted caramel lattes, along with breakfast and lunch offers, appealed to cash-strapped Christmas shoppers, helping like-for-like sales rise 18.2 per cent ...

Tesla Inc (TSLA.O) delivered 55,796 China-made electric vehicles in December, the lowest level in five months, according to data from the China Passenger Car Association (CPCA) on Thursday. That was ...

The boss of British clothing retailer Next (NXT.L) said that while the consumer outlook for 2023 had darkened he took comfort from the country’s low level of unemployment. “If ...

Advisory and consulting firm Deloitte Cyprus this week released its annual tax guide for the current year, which the firm titles ‘Cyprus Tax Facts 2023’. The tool is a comprehensive guide, ...

A US bankruptcy judge ruled on Wednesday that Celsius Network owns most of the cryptocurrency that customers deposited into its online platform, meaning most Celsius customers will be last in ...

US prosecutors are in the process of seizing shares of Robinhood Markets Inc (HOOD.O) tied to Sam Bankman-Fried, who has been charged with fraud in the collapse of the ...

Oil rebounded over 2 per cent on Thursday after posting the biggest two-day loss for the start of a year in three decades with the shutdown of a US fuel pipeline ...

Russia is sending more crude oil produced in the Arctic region to China and India, and at steeper discounts, after Europe slammed its doors shut on Russian supplies last month, ...

Samsung Electronics Co Ltd’s (005930.KS) quarterly profit will likely plunge 58 per cent to its lowest in six years as a global economic downturn saps demand for electronic devices and ...

British businesses are gloomy about prospects for 2023 as they face the likelihood of a surge energy bills and ongoing post-Brexit trade difficulties, the British Chambers of Commerce said late on ...

The Federal Reserve ended 2022 with a firm promise at its December policy meeting that interest rates would continue rising this year, but at a slower pace and perhaps only by ...

The Egyptian pound weakened to 26.49 to the dollar on Wednesday, its biggest one-day move since the central bank allowed it to fall by 14.5 per cent on Oct. 27, according Refinitiv Data. ...

The Central Bank of Cyprus (CBC) on Wednesday published a report detailing interest rate statistics concerning Cypriot banks, including for deposits and loans of eurozone residents in euros, as well ...

Cypriot digital agency Base Element on Wednesday announced that it has entered into a collaborative initiative with US company Medalia, ultimately seeking to improve the customer experience for brands. “Medallia, ...

Banks should be more careful about the risks of fraud, legal uncertainty and misleading disclosures by crypto firms, US regulators warned on Tuesday, just two months after the collapse of ...