#BusinessPick

Saudi Arabia’s gross domestic product rose by 11.8 per cent in the second quarter compared with the same period in 2021, according to initial government estimates on Sunday, as the world’...

Turkey’s inflation is expected to near 81 per cent in July and was seen declining to just 70 per cent by end-2022, a Reuters poll showed on Friday, as global energy ...

According to a senior Microsoft executive, a new trend is emerging among both mature organisations and startups, which involves the use of digital technology as a guiding principle through the ...

Qualcomm Inc (QCOM.O) forecast fourth-quarter revenue below Wall Street targets on Wednesday, bracing for a difficult economy and a slowdown in smartphone demand that could hurt its mainstay handset ...

Japan’s Panasonic Holdings Corp (6752.T), which supplies batteries to Tesla (TSLA.O), posted a 39 per cent drop in first-quarter earnings on Thursday as China’s COVID-19 lockdowns and rising ...

Japan’s Sony Group Corp (6758.T) on Friday trimmed its full-year profit forecast due to an expected weaker performance at its key gaming unit, which posted a steep drop in ...

Venus Minerals chairman and Euromines president Mark Rachovides on Friday said that the European Union must step up its domestic production of critical raw materials to accelerate the green energy ...

By Luigi Scazzieri Italy’s prime minister, Mario Draghi, finally resigned on July 21 after failing to secure the support of three of his government’s coalition partners in a vote ...

Southeast Asia-focused cryptocurrency exchange Zipmex said it had filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies. Singapore-based Zipmex resumed withdrawals last ...

Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap money, with the world’s largest digital asset, bitcoin, down more than 56 per cent ...

Dubai’s red-hot property market surged in the first half of the year as investors piled in, with Russians among the top five buyers as the emirate benefits from an ...

Euro zone inflation rose to another record high in July and its peak could still be months away, keeping pressure on the European Central Bank to opt for another big ...

British bank NatWest (NWG.L) raised its full-year guidance and made a bumper payout to shareholders on Friday after rising interest rates lifted its finances, despite runaway inflation threatening to ...

Ben & Jerry’s and its parent company Unilever Plc (ULVR.L) did not reach an out-of-court agreement on a dispute over the sale of the ice cream maker’s ...

US supermodel Bella Hadid has stepped from the catwalk into the metaverse with the launch of CY-B3LLA – a collection of Non-Fungible Tokens featuring artwork based on 3-D scans of ...

Cypriot banks see a tightening of lending criteria for the second quarter of 2022, due to the uncertainty related to Russia’s invasion of Ukraine, according to the Q1-22 Bank ...

The European Commission announced it received on Thursday the first payment request from Cyprus under the Recovery and Resilience Facility (RRF) for the disbursement of €85 million in financial support (net ...

Britain should create a new category of private property law for digital assets like cryptocurrencies which are being used to make payments or represent other assets, independent body the Law ...

European shares came off session highs on Thursday, as a slew of downbeat earnings including from Santander took the shine off a global rally driven by easing worries about the ...

Turkey’s lira weakened further on Wednesday to near 18.0 against the dollar and the record lows it hit late last year as worries about the government’s foreign exchange policy ...

Egypt has cancelled contracts for a total of 240,000 tonnes of Ukrainian wheat that were booked by its state grains buyer for February and March delivery but never loaded due to ...

The Central Bank of Qatar said on Wednesday it raised its main deposit rate by 75 basis points (bps) to 3 per cent, moving in tandem with the US Federal Reserve’s ...

Evgenios Evgeniou, chairman of the Cyprus Investment Promotion Agency, commonly referred to as Invest Cyprus, on Wednesday said that the country’s efforts to attract foreign companies have helped the ...

The Central Bank of Cyprus on Wednesday released a report which showed that the outstanding amount of deposits in June reached €51.3 billion. Moreover, the report by the central bank also ...