#BusinessPick

More than 70 local and international movers and shakers of the tech world will share their stories as part of a packed events programme for ‘Doers United’ 2021 Reflect Festival, which is ...

Turkey’s President Tayyip Erdogan dismissed three central bank monetary policy committee (MPC) members on Thursday, appointing two new members in their place, the country’s Official Gazette said, sending ...

Binance will stop the use of the Chinese yuan on its peer-to-peer trading platform, the latest move by major global cryptocurrency exchanges to cut their ties with mainland Chinese investors ...

Transport Minister Yiannis Karousos stressed that adequate air connectivity for all, especially for which air travel is particularly crucial, must be secured. Karousos spoke at a high-level conference on the ...

Cash collections of the Cyprus Asset Management Company (KEDIPES) reached €95.2 million in the second quarter of 2021 with total cumulative cash collections since KEDIPES establishment in September 2018 exceeding €1 billion. Assets under ...

Jamie Dimon, JPMorgan Chase & Co (JPM.N) chief executive, said on Monday at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is “...

Honda Aircraft Co on Tuesday rolled out plans for a new light business jet that can fly non-stop across the United States, as the company looks to tap into skyrocketing ...

Britain and Italy have agreed to pursue a new trade partnership, the British trade department said on Wednesday following talks on the sidelines of a G20 ministerial meeting in Italy. ...

Cypriot consumers will be paying the domestic rate of VAT when purchasing goods online following the implementation of six pieces of legislation by the House Finance Committee. This means that ...

Persistent supply chain disruptions and pricing pressures are constraining the global economy’s recovery from the COVID-19 pandemic, the International Monetary Fund said on Tuesday as it cut growth outlooks ...

Authorities from Beijing to Delhi scrambled to fill a yawning power supply gap on Tuesday, triggering global stock and bond market wobbles on worries that rising energy costs will stoke ...

British grocery prices increased 1.7 per cent in the four weeks to Oct. 3 year-on-year, market researcher Kantar said on Tuesday, adding to pressure on households already facing soaring energy bills. With ...

British employers increased their payrolls to a record high in September, shortly before the end of the government’s wage subsidies scheme, potentially encouraging the Bank of England’s progress ...

The International Monetary Fund revised upwards the growth rate of the Cypriot economy, compared to its forecasts for last April. According to the World Economic Outlook (WEO) published on Tuesday, ...

The Cyprus Investment Funds Association (CIFA), supported by Invest Cyprus, organised and ran an online workshop explaining the intricacies of the EU Recovery and Resilience plan for Cyprus. A number ...

The Ministry of Energy, Commerce and Industry has announced that it has received 652 applications from pre-existing and newly formed manufacturing small-to-medium enterprises (SMEs) who wish to improve their competitiveness. The ...

Under pressure to act as inflation jumps towards double its 2 per cent target, the Bank of England appears to be gearing up to be the first of the world’s ...

ASOS (ASOS.L), the British online fashion retailer, warned on Monday that logistics costs and supply chain disruptions could reduce 2022 profit by more than 40 per cent and said CEO Nick ...

Saudi Aramco (2222.SE) has asked banks to arrange a loan expected to be in the $12 billion-14 billion range that it plans to offer to buyers of its gas pipeline network, ...

As major companies look at drastic ways to cut carbon emissions from corporate travel, airlines are bracing for a major hit to business-class travel, a key revenue driver, industry executives ...

Taiwan’s TSMC (2330.TW) and Japan’s Sony Group Corp (6758.T) are considering jointly building a chip factory in Japan, with the government ready to pay for some of the ...

The British government is right to focus on driving up wages, business minister Kwasi Kwarteng said on Sunday, expressing confidence in the Bank of England’s ability to curb rising ...

Egyptian state-controlled payments firm e-finance for Digital and Financial Investments began an initial public offering (IPO) for retail investors on Sunday, an official from one of the banks acting as ...

Boris Johnson has turned to former Tesco (TSCO.L) boss Dave Lewis to fix supply chain problems that have hit the British economy and sparked criticism of the Prime Minister’...