#BusinessPick

Turkey’s economy grew by a record 21.7 per cent in the second quarter from the same period in the previous year when it saw a sharp contraction.. But analysts were ...

British airline and holiday group Jet2 (JET2.L) unveiled a deal to buy dozens of Airbus jets worth $4.9 billion at list prices on Tuesday, switching loyalties from US planemaker Boeing (...

OPEC and its allies will likely stick to their existing policy of gradual oil output increases despite revising up the 2022 demand outlook and facing US pressure to raise production more ...

An ever-swelling amount of space debris is threatening satellites that hover around Earth, making insurers leery of offering coverage to the devices that transmit texts, maps, videos and scientific data, ...

By Pavlos Loizou, Managing Director, WiRE-FS Demographic and social changes are impacting the international housing market, and of course that of Cyprus. In the US, large companies and high-net-worth individuals ...

A study by the European statistical service (Eurostat) has shown that 71 per cent of Cypriots have a generally favourable view of the quality of life in Cyprus. The study takes ...

Minister of Energy, Commerce and Industry Natasa Pilides has reiterated that the only way to improve the competitiveness of the Cypriot economy is through the liberalisation of the energy market ...

First Abu Dhabi Bank (FAB.AD) is expected to sell 250 million pounds ($344.38 million) in five-year bonds, a document showed on Tuesday. FAB, HSBC (HSBA.L), Standard Chartered (STAN.L) and ...

Shares of Zoom (ZM.O) slid more than 11 per cent in premarket trading on Tuesday, after the video conferencing company signaled a faster-than-expected drop in demand and analysts questioned its ...

British consumers curbed their borrowing in July in the face of rising COVID-19 cases that forced many more people to self-isolate, and homeowners made a rare net repayment on their ...

The sizzling pace of house price rises in most major world housing markets since the pandemic began has likely peaked, but affordability is set to remain stretched or worsen in ...

Tourism generated a total revenue of €135.8 million for Cyprus during June of 2021, a number achieved in spite of a number of travel restrictions still in place during that period. While ...

When stay-at-home favourite Zoom reports quarterly results on Monday, Wall Street will look for details on how the video conferencing platform plans to attract more users as its meteoric growth ...

Hungary has agreed with Russia on all the conditions for a new long-term gas supply deal to take effect from Oct. 1, Foreign Minister Peter Szijjarto said on his Facebook page ...

Some US fast-food restaurants are closing indoor seating areas or limiting hours of operation because of the spread of the Delta variant of COVID-19, according to franchisees. McDonald’s Corp (...

Turkey’s central bank has changed the criteria identifying short-term external debt, thus reducing the amount on its books by $25 billion, the bank announced in a statement last week. Short-term ...

Gita Gopinath, chief economist of the International Monetary Fund (IMF), has warned that recovering economies will be threatened by a ‘taper tantrum’ — meaning that interest rates rise in the US ...

Cypriots who invest in global stocks will get a bonus this year, if the company they’ve place funds with pays dividends. They may also be rewarded with a shares ...

Most importantly, technology has to be benchmarked against our clients’ needs. We see technology as an enabler and change for the sake of change isn’t always a good thing. ...

Up to now, the Bank has launched a number of innovative products that allow customers, to seamlessly perform payments to merchants or transfers to third parties using their smart devices. ...

Andrew Anastasiou is the founder of NBNX. Tell us what your company’s mission is, and describe in brief the strategy that implements that mission? Our mission at NBNX is ...

Martin Zarian is Co-Founder & Brand Strategist at Factory39 in Limassol Back in 2016 London, Martin Zarian and Zen Kyprianou were working for the big players. The goal and vision was ...

Researchers at the National Autonomous University of Mexico (UNAM) have created a facemask using silver and copper nanolayers that neutralises SARS-CoV-2, the virus that causes Covid-19, the university’s official ...

The new revised Master Plan for the unified development of the Port and Marina of Larnaca was presented on Wednesday, in a project that will create more than 4,000 jobs. The ...