#BusinessPick

Elon Musk has assured the European Commission that Twitter will abide by tough European rules on illegal online content policing now that the social network has passed under his ownership, ...

German-listed shares in Brazil’s state-run oil company Petrobras (PETR4.SA) slipped more than 7 per cent in early European trade after leftist leader Luiz Inacio Lula da Silva narrowly defeated ...

In March, clothing retailer Gap Inc (GPS.N) joined numerous Western companies in announcing that it was halting deliveries to Russia to protest its invasion of Ukraine. “As a values-led ...

A swathe of hacks on some of Australia’s biggest companies has made the country a target for copycat attacks just as a skills shortage leaves an understaffed, overworked cybersecurity ...

Asian stock markets wobbled higher on Monday as hopes waned that the US Federal Reserve might take a less aggressive approach on rate hikes, while wheat leapt on Russia’s ...

Hundreds of Apple (AAPL.O) workers in Australia are set to strike again after almost two-thirds of employees rejected a pay and benefits deal, the latest escalation of a fight ...

Hong Kong’s government has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds – a move it hopes will help it rebuild its fintech hub status. The ...

COVID-19 woes at Foxconn’s iPhone assembly plant in China’s Zhengzhou city could slash the site’s November output of the Apple Inc (AAPL.O) device by as much ...

Egypt’s pound fell about 3 per cent to 23.8 against the dollar as trading resumed on Sunday, Refinitiv data showed, after authorities committed to a flexible exchange rate under an International ...

The road map to fully self-driving vehicles is being rewritten once again, this time by Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE). When the two automakers ...

Wall Street is losing patience over Meta (META.O) boss Mark Zuckerberg’s enormous and experimental bets on his metaverse project that helped drive up the company’s overall costs ...

The cryptocurrency industry said on Wednesday it was disappointed with Australia’s decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency. The government ...

The total sales of petroleum products in Cyprus experienced a small increase of 0.9 per cent year-on-year in September 2022, with sales from gas stations recording a decrease of 6 per cent year-on-year, ...

The economic sentiment in Cyprus improved slightly in October 2022, with the Economic Sentiment Index (ESI) increasing by 0.4 points compared to September 2022. According to a statement released this week by the ...

Shares of Mobileye Global Inc (MBLY.O) are up 30 per cent in early afternoon trading on Wednesday following its US debut, valuing the self-driving technology unit of Intel Corp (INTC....

Britain would have the power to regulate all cryptoassets under a proposal the UK financial services minister has added to a draft law before parliament that will almost certainly pass. ...

Forcing banks across the European Union to offer instant payments in euros is a “seismic” shift to make the economy more efficient and reap savings for businesses and customers, the ...

Battered by years of scandals and losses, Credit Suisse (CSGN.S) plans to raise capital, cut thousands of jobs and spin off its investment bank. Here are main elements of ...

Tesla Inc (TSLA.O) is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said. ...

Oil prices fell on Friday after China, the world’s top crude oil importer, widened its COVID-19 curbs, but were poised for a weekly gain on supply concerns ahead of ...

Egypt’s pound slid about 14.5 per cent to a record low against the dollar on Thursday as authorities announced a $3 billion International Monetary Fund deal with a commitment to a “...

Turkish defence company Baykar is planning to complete the construction of its manufacturing plant in Ukraine in two years, its chief executive said on Thursday, after the company became highly ...

Elon Musk became Twitter Inc’s TWTR.Nowner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the ...

The Cyprus Hotels Association (Pasyxe) on Thursday welcomed the cabinet’s decision to approve a €165 million incentive plan for airlines for the period 2023-2027, whose primary objective is to bring ...