#BusinessPick

Alphabet unit Google (GOOGL.O) will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch ...

Central Bank of Cyprus (CBC) governor Constantinos Herodotou on Tuesday delivered a speech at an event organised by the London Business School Alumni Cyprus Club, touching on a number of ...

Hellenic Bank on Tuesday announced its decision to terminate negative interest rates on non-household Euro accounts, with effect from October 3, 2022. From the aforementioned date, the interest rate on all non-household ...

Auto parts supplier Aptiv Plc (APTV.N) said on Tuesday it would acquire a majority stake in a unit of Italy’ Intercable for 595 million euros ($605.71 million), allowing the US company ...

For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic. The second-biggest cryptocurrency is taking market share from bitcoin ahead ...

Shares in Nintendo Co Ltd (7974.T) jumped 5 per cent on Tuesday after the Japanese gaming company reported record domestic launch sales for its shooter “Splatoon 3” on the Switch console. The ...

Oil prices rose in volatile trade on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about lower demand in China, the world’s biggest crude ...

Britain’s unemployment rate fell to its lowest since 1974 at 3.6 per cent in the three months to July as more people left the labour market, according to official data on ...

Private healthcare company Laertes Health LTD on Monday announced that it has finally approved the necessary building permit for the construction of a private hospital in Nicosia. The hospital, a 4...

Some Turkish banks are curtailing corporate lending after the government’s latest raft of regulations raised their costs and forced many to cut their balance sheet risks, five banking and ...

A long-awaited software upgrade to the Ethereum blockchain aimed at slashing its huge energy consumption is expected this week, a move proponents say may widen the technology’s use and ...

Lebanon’s central bank said it has entirely ceased providing dollars for gasoline imports in a move that will likely lead to higher and more volatile prices as well as ...

Germany’s wet and windswept north has long lacked the economic appeal of the industrial south but the green transition and an energy crisis sparked by war in Ukraine is ...

The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday, ...

Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and ...

Britain’s economy grew by less than expected in July, with a fall in power production possibly reflecting the sharp climb in energy tariffs and the construction sector also hit ...

El Al Israel Airlines (ELAL.TA) plans to repay a $45 million loan that it took from the government during the COVID-19 pandemic by the end of the year, under a ...

Visa Inc (V.N), the world’s largest payments processor, said on Saturday it will implement a new merchant category code for US gun retailers, which will identify transactions at ...

The Turkish central bank’s foreign currency reserves are getting stronger as friendly countries are providing support, President Tayyip Erdogan said, broadcaster Haberturk reported on Friday. The central bank’s ...

The United Arab Emirates’ tourism revenues were 19 billion dirhams ($5.17 billion) in the first half of 2022, its vice president said on Sunday in a tweet. Numbers of hotel guests rose 42 per ...

Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major software upgrade that promises to slash the amount of energy needed to create ...

A scramble by US carriers to fill empty cockpits is fueling cost pressures just as mounting economic worries have cast a shadow on travel demand, sparking concerns about debt-laden airlines’ ...

BMW will power its new class of electric vehicles to be released in 2025 with cylindrical battery cells made in six factories by partners including China’s CATL and EVE Energy ...

The Cyprus Chamber of Commerce & Industry (Keve) this week said that Eurochambers, the association of European chambers of commerce, has requested immediate support measures for businesses against the rising ...