#BusinessPick

Taiwanese semiconductor companies attach “great importance” to complying with the law, the island’s government said on Saturday, signalling they would comply with new US export controls that aim to ...

Turkish President Tayyip Erdogan vowed on Saturday that the central bank would continue to cut its policy interest rates every month for as long as he stayed in power, after ...

French President Emmanuel Macron said in Prague that he will meet with his Spanish and Portuguese counterparts next week to discuss the cross-Pyrenees MidCat gas pipeline project and reach a “...

By Maria Demertzis The aftermath of the announcement of an end-September tax-cutting plan in a bid to jump-start growth in the United Kingdom was reminiscent of the financial crisis in ...

Parliament on Thursday unanimously approved the creation of a one-stop-shop framework for ship-owning companies and their shareholders to deal, in addition to the aspects of maritime law, with all matters ...

Shocks related to the COVID-19 pandemic and the war in Ukraine mean the world is unlikely to meet a longstanding goal of ending extreme poverty by 2030, the World Bank said ...

Elon Musk’s U-turn on buying Twitter Inc (TWTR.N) could not have come at a worse time for the banks funding a large portion of the $44 billion deal and ...

The Cyprus Shipping Chamber (Kne) this week announced that it supports the joint statement by European shipping industry stakeholders who call for the sequestration of shipping revenues in the Emission ...

The Middle East and North Africa are the world’s fastest-growing cryptocurrency markets, with the volume of crypto received in the region jumping 48 per cent in the year to June, ...

OPEC+ agreed its deepest cuts to oil production since the 2020 COVID pandemic at a Vienna meeting on Wednesday, curbing supply in an already tight market despite pressure from the United ...

The number of registered unemployed in September 2022 increased compared to September last year, according to both actual and seasonally adjusted data, released on Wednesday by the Cyprus Statistical Service (Cystat). ...

Cash inflow in state-owned asset manager, Kedipes amounted to 115.2 million in the second quarter of 2022, down by 0.9 per cent compared with the first quarter of 2022, marking an increase of 20.9 per ...

Britain’s pound weakened against the dollar on Wednesday, ending a six-day rally, but staying well off recent lows as British Prime Minister Liz Truss spoke at the Conservative party ...

OPEC+ looks set for deep oil output cuts when it meets on Wednesday, curbing supply in an already tight market despite pressure from the United States and other consuming countries ...

Billionaire Elon Musk is proposing to proceed with his original $44 billion bid to take Twitter Inc (TWTR.N) private, security filings showed on Tuesday, calling for an end to a ...

Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network following an 8-month experiment on different technologies and currencies. The trial, which ...

Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and other markets where better premiums are offered, three bank officials ...

The majority of Cypriot businesses said that the biggest challenges that they are now facing include the prerequisite development of digital skills of their staff (62 per cent), and the understanding ...

Net new lending in Cyprus fell during August 2022, dropping to €182.3 million, the second month in a row where a decrease was observed, according to a report released on Tuesday by ...

The oil market is not focusing on the fact that global spare capacity to raise oil production is very low, Saudi Aramco’s Chief Executive said on Tuesday, with Shell’...

Swiss lender Credit Suisse Group AG (CSGN.S), battered by scandals and losses, is racing through a restructuring plan. Wild market swings and a social media storm are making that ...

The meeting of the European Central Bank’s (ECB) Governing Council, scheduled to take place in Limassol on Wednesday, is expected to include a discussion on reducing the ECB’s ...

Oil prices edged up on Tuesday as expectations that OPEC+ may agree to a large cut in crude output when it meets on Wednesday outweighed concerns about the global economy. ...

Britain’s bond market is undergoing “a major repricing”, but should comfortably absorb the extra 62 billion pounds ($69 billion) of debt announced after finance minister Kwasi Kwarteng’s Sept. 23 mini-budget, the ...