#BusinessPick

Crypto investment products firm 21.co said on Wednesday its subsidiary 21Shares AG has listed a bitcoin exchange-traded product on Nasdaq Dubai, making it the Middle East’s first physically-backed bitcoin ...

AstroBank announced on Wednesday the acquisition of QQuant Master Servicer Cyprus Limited, an independent servicer of non-performing loans. The two parties have agreed that AstroBank, which owned 25.1 per cent in ...

Meta Platforms (META.O) unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg’s break into the higher-end market for ...

Twitter Inc (TWTR.N) is reviewing its policies around permanently banning users, possibly bringing its content moderation in line with Elon Musk’s vision for the social media platform, the ...

Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs ...

The United Arab Emirates launched an unemployment insurance scheme on Tuesday as part of reforms aimed at attracting more talent and investment to the regional business hub amid rising competition. ...

Britain’s economy shrank by 0.3 per cent in August, hit by weakness in manufacturing and maintenance work in North Sea oil and gas fields, according to official data which underscored ...

The Association for the Protection of Borrowers (Syprodat) on Tuesday released a statement in which it requests meetings with House Speaker Annita Demetriou, Central Bank Governor Constantinos Herodotou, as well ...

It’s not easy being a crypto investor. They’ve seen the value of their holdings drop like a brick this year, and now many are stewing over the safety ...

Nissan Motor Co Ltd (7201.T) will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said on Tuesday, taking a loss of around $687 million in the ...

Asian stock markets fell and the dollar rose on Tuesday with investors worried about rising interest rates and an escalation in the Ukraine war, while Treasury yields leapt as a ...

Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as any sabotage of infrastructure or even deeper cuts to Russian ...

The Bank of England acted again on Tuesday to stem a sharp sell off in Britain’s 2.1 trillion-pound ($2.31 trillion) government bond market by announcing the purchase of inflation-linked debt until ...

Britain’s unemployment rate fell to its lowest since 1974 at 3.5 per cent in the three months to August, but the drop was driven by a record jump in the number ...

Britain’s biggest airport Heathrow warned that the demand outlook for the coming winter was uncertain given the growing economic headwinds plus the impact of a new wave of COVID-19 ...

Carmaker Stellantis (STLA.MI) has signed a non-binding preliminary agreement with GME Resources (GME.AX) to secure supplies of nickel and cobalt sulphate for electric vehicle (EV) batteries, the two ...

Amazon said on Monday it will invest more than 1 billion euros ($974.8 million) over the next five years in electric vans, trucks and low-emission package hubs across Europe, accelerating its drive ...

The European Commission unveiled a new online tool on Monday to help Ukrainians find a job as the bloc looks to extend its protection for those displaced by Russia’s ...

A trio of U.S. economists including Former Federal Reserve chief Ben Bernanke won this year’s Nobel Economics Prize on Monday for laying the foundation of how the world ...

While British households head into a winter of soaring energy costs, a tumbling currency and nearly double-digit inflation, the country’s banks are in line for a handsome payday as ...

The Bank of England moved to ease concerns about the expiry at the end of this week of its emergency programme to calm turmoil in the government bond market, including ...

CEO of Hellenic Bank Oliver Gatzke has been placed on compulsory leave by the board of directors pending an internal investigation into allegations of statements and actions attributed to him. ...

Turkey’s unemployment rate dropped 0.4 percentage points month-on-month to 9.6 per cent in August, while a seasonally adjusted measure of labour under-utilisation fell to 19.8 per cent, data showed on Monday. The ...

European Union rules to regulate crypto assets will curb the market share of non-euro denominated stablecoins from 2024, potentially limiting EU competitiveness, industry representatives have said. Ambassadors for the 27 EU states ...