#BusinessPick

EU competition regulators on Friday gave the green light to a slimmed down successor to Alitalia and said the new state-owned airline was not liable for repaying 900 million euros ($1.1 billion) ...

British retailer Marks & Spencer (MKS.L) said on Sunday it was reviewing the future of its French business, with new trade rules in place since Britain left the European ...

Lebanese leaders agreed a new government led by Sunni Muslim tycoon Najib Mikati on Friday after a year of feuding over cabinet seats that has exacerbated a devastating economic collapse, ...

Europe’s no-frills airlines are heralding a once-in-a-lifetime opportunity to grab market share from traditional carriers struggling to emerge from the pandemic, but each will have to overcome significant challenges ...

Hybrid working, meaning a combination of office work and working remotely, is here to stay according to US corporation Microsoft and corporate social networking site LinkedIn. The two companies’ CEOs, ...

The Ministry of Energy, Commerce and Industry that its recently launched programme to boost Small-to-Medium sized enterprise (SMEs) competitiveness has received 453 applications through the designated system. The number of applications ...

Harvard University is ending its investments in fossil fuels, the school’s president said on Thursday, drawing praise from divestment activists who had long pressed the leading university to exit ...

A set of 107 non-fungible tokens (NFTs) representing images of cartoon apes sold for $24.4 million in an online sale at Sotheby’s auction house on Thursday, as the market for the ...

Turkey’s unemployment rate rose to 12.0 per cent in July from 10.6 per cent a month earlier as pandemic-related labour supports expired, according to data on Friday that also showed an ...

With Turkish inflation close to 20 per cent, with 27 per cent of the population unable to afford necessities, the central bank has warned that it is planning to reduce interest rates. ...

Transavia, which flies to/from Cyprus from Amsterdam, is planning to boost its flights to twice per week in the winter, and once per day in the summer. This is ...

Transport Minister Yiannis Karousos expressed ‘total satisfaction’ with the progress of the Larnaca port and marina redevelopment project after visiting the site on Thursday, September 9. Karousos met with people from ...

888 will buy William Hill’s business outside the United States from casino group Caesars (CZR.O) for 2.2 billion pounds ($3 billion), making a foray on to Britain’s high streets with 1,400 ...

A total of 1.6 million people were on Britain’s COVID emergency furlough scheme as of July 31, down from almost 2 million a month earlier, the finance ministry said on Thursday. The ...

Adventurous Muscovites may soon be able to travel around parts of Moscow in driverless taxis as Russian tech giant Yandex (YNDX.O) plans to start testing the autonomous vehicles in ...

Earlier this year, the European Commission put forward a proposal to create a framework for European Digital Identity to be used by all citizens across the European Union. Could it ...

Abu Dhabi Investment Authority (ADIA), the United Arab Emirates’ biggest sovereign wealth fund, sees technology and climate change as key investment areas for its post-COVID-19 strategy, it said in its 2020 ...

Facebook (FB.O) has made a case for not selling Giphy in a strongly worded letter to a British regulator and questioned the watchdog’s recent call to divest the ...

The Cyprus Statistical Service has released a report showing that the first six months of the year saw a total of 3,990 building permits being issued by the relevant municipal authorities, ...

Major European banks have placed €20 billion, around 14 per cent of their overall profits and a figure which has remained unaltered since 2014, in countries listed as tax havens, a study by ...

The European Commission on Tuesday announced the adoption of its new Green Bond framework, taking a step towards issuing €250 billion (about $298 billion) in green bonds, equivalent to 30 per cent of ...

The head of Russia’s No. 2 oil producer Lukoil (LKOH.MM) said that oil prices of $65-$75 were “comfortable” for consumers and that the OPEC+ group of leading oil-producing nations ...

A truce between bitter regional rivals Turkey and the United Arab Emirates has calmed tensions that fuelled conflicts including Libya’s war, officials and diplomats say, after years of animosity ...

Britain needs to ease taxes on banks and make it easier to hire staff from abroad, its financial and professional services lobby said in a blueprint to help London unseat ...