#BusinessPick

Bloomsbury Publishing expects annual profit and revenue to top market expectations, led by strong sales of literature across all age groups, the Harry Potter publisher said on Wednesday. The outlook ...

Oil rose to a seven-year high close to $90 a barrel on Wednesday, supported by tight supply and geopolitical tensions in Europe and the Middle East that raise concerns about further ...

French luxury group LVMH (LVMH.PA) is expected to post strong fourth quarter sales on Thursday, following a slate of solid earnings from rivals that showed steadfast demand for high-end ...

By George Christou Comment The increase in bank charges has become a big public issue in the last few weeks, the political parties, consumers associations and interest groups mounting a ...

Cyprus, alongside a handful of other countries, is still lagging behind with its 5G network rollout, the European Court of Auditors (ECA) said on Monday, calling for increased urgency in ...

The Cyprus University of Technology (Tepak) and the German embassy in Cyprus announced on Tuesday that the two discussed possible avenues of collaboration in areas of common interest. The meeting ...

British manufacturers expect to raise prices by the most since 1977 over the next three months, as they wrestle with serious labour shortages and the biggest increase in costs since 1980, a ...

Britain’s government looks firmly on track to borrow less this tax year than forecast but surging inflation will soon curb any leeway for finance minister Rishi Sunak who is ...

The managing companies at the Limassol port came under fire once again on Tuesday from MPs concerned that higher charges will lead to inflation. “We cannot play with inflation,” said ...

Tesla Inc (TSLA.O) on Monday fought back against JPMorgan Chase & Co (JPM.N) over a disputed bond contract, countersuing the bank for seeking a “windfall” following Elon Musk’...

Canada’s Shopify Inc (SHOP.TO) said on Monday proposed changes to its fulfillment network would help merchants on its ecommerce platform compete better with big retailers and would not ...

The Cyprus Telecommunications Authority (CyTA) said Monday it is increasing its profits as well as its market share while giving back to the state over €1 billion in the form of ...

Renault SA (RENA.PA), Nissan Motor Co and Mitsubishi Motors Corp (7211.T) plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan ...

Even as Netflix Inc executives sought to reassure investors in a Thursday video interview that its long-term prospects for streaming media remain bright, with its popular series “Bridgerton” returning for ...

More and more cutting-edge technologies are finding their way to industrial applications, Alibaba’s Damo Academy, set up in 2017 to find solutions to global challenges through scientific and technological research ...

People should get back to the office to benefit from in-person collaboration because the world must learn to live with the coronavirus after a pandemic that has wiped trillions of ...

By Andreas Charalambous and Omiros Pissarides The importance of financial literacy has been increasingly acknowledged in recent years. Many analysts consider financial illiteracy, defined as the lack of skills and ...

Its stability has been assured after weathering two major crises By Maria Demertzis Anniversaries are always a good time to reflect. The euro celebrates the 20th anniversary of its introduction ...

The annual Harmonised Index of Consumer Prices (HICP) rate in December 2021 reached 4.8 per cent, primarily fueled by rising energy prices, equaling the respective level of October 2008. According to data released ...

Stay-at-home market darling Netflix slumped on Friday, joining a broad decline in the market value of other pandemic favourites this week as investors priced in expectations for a return to ...

Russia’s central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens’ wellbeing and its monetary policy sovereignty. The ...

Piraeus Bank (BOPr.AT) has agreed with investment firm Varde Partners to buy its controlling stake in Trastor Real Estate Investment Company for about 98 million euros ($111.04 million), the bank said ...

Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday, a move that will see it compete with online brokerages such as Robinhood Markets Inc ...

Sony Group (6758.T) will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment ...