#BusinessPick

China Evergrande Group (3333.HK) missed paying bond interest due on Wednesday, two bondholders said, its second unpaid offshore debt payment in a week, although the cash-strapped company is scrambling to ...

China on Wednesday demanded railway companies and local authorities raise their game in shipping vital coal supplies to utilities, as regions key to the world’s no. 2 economy grapple with ...

A delegation of Cypriot representatives travelled to London this week to promote Cyprus as a European jurisdiction in which investment funds and fund management companies can be registered. The delegation ...

DP World Limassol used World Tourism Day to reiterate its commitment to further bolster the country’s cruise industry and turn the Limassol port into a top cruise hub in ...

Air France-KLM is looking at raising fresh funds soon after completing a share issue earlier this year, bolstered by a positive trend in bookings since the United States announced a ...

European Union governments committed to a joint EU-US declaration on technology cooperation on Wednesday, just in time for a key transatlantic meeting, after France threatened to block it unless it ...

France accused Britain of playing politics with post-Brexit fishing rights on Wednesday after London granted licenses to fish in its territorial waters to only 12 small French boats out of 47 applications. ...

Etihad Airways is working on what would be its third financing transaction linked to sustainable investment considerations, the Abu Dhabi government-owned airline’s treasurer said on Wednesday. Environmental, social and ...

Ryanair (RYA.I) expects a large deal with Boeing (BA.N) on an order for the 737 MAX 10 “will come our way eventually” as cancellations put pressure on the US planemaker, ...

The Bank of Cyprus’ BOC Asset Management (BOCAM) company has been awarded a contract to provide consultancy services to the Cyprus Telecommunications Authority (Cyta), as well as to its subsidiaries ...

The shift to electric vehicles will force huge changes in the auto industry and require EU backing for ‘reskilling’ programs to help workers prepare for a zero-emission future, according to ...

The European Commission and EU consumer authorities urged Volkswagen (VOWG_p.DE) on Tuesday to compensate all consumers, not just those in Germany, for having misled them over the emissions ...

Turkish Central Bank Governor Sahap Kavcioglu said on Tuesday he expects pricing behaviour to return to normal as the effects of the COVID-19 pandemic ease, and the bank will keep ...

The hybrid working model may not be an immediate threat for British commercial landlords as corporate decisions on space requirements are taking longer than first thought, a Citigroup analyst said ...

Instagram has hit pause on a new app it is creating for kids, the photo-sharing service owned by Facebook Inc (FB.O) said on Monday, in a move that comes ...

The Cyprus Shipping Chamber held its annual charity beach volley tournament in Limassol between September 19 and September 26. The tournament included the participation of the chamber’s member companies and was ...

Warehouses in Britain are having to pay up to 30 per cent more to recruit staff after a chronic shortage of workers exacerbated pressure on already buckling supply chains and threatened ...

Saudi Arabia plans to issue green bonds soon, an official said on Monday, as the oil-producing kingdom seeks to embrace environmental, social and governance (ESG) concerns to expand its investor ...

The U.S. Congress faces a showdown on Monday over government spending and debt, opening a week that could also include action on President Joe Biden’s sweeping social agenda ...

A majority of voters in Berlin wants city hall to expropriate major landlords such as Vonovia and Deutsche Wohnen to help reduce rents in the German capital, provisional referendum results ...

Several local governments in China have set up special custodian accounts for property projects of its most indebted developer, Evergrande (3333.HK), to protect funds earmarked for housing projects from being ...

Bahrain is considering doubling value added tax to 10 per cent to boost state revenues and reduce its budget deficit, a Bahraini parliamentary source and a source close to the government ...

Soaring gas prices as winter approaches are evidence that the European Union needs to work out a long-term energy security plan, the head of Italy’s Eni (ENI.MI) has ...

Ratings agency Moody’s late on Friday raised Hungary’s sovereign credit rating to ‘Baa2’ from ‘Baa3’ on the economy’s strong rebound from the pandemic, which comes as a ...