#BusinessPick

Two top Bank of England officials surprised investors this week by saying the time might be nearing for the British central bank to rein in the huge stimulus programme it ...

The United Arab Emirate’s Abu Dhabi Emergency, Crisis and Disasters Committee announced on Thursday a partial lockdown and new entry requirements in the emirate starting July 19, from midnight until 5 ...

An Israeli group sold a tool to hack into Microsoft Windows, Microsoft and technology human rights group Citizen Lab said on Thursday, shedding light on the growing business of finding ...

British-based banking app Revolut’s latest $33 billion valuation, achieved after a fresh funding round, has likely made its cofounder and Chief Executive Nik Storonsky a billionaire several times over. Russia-born ...

Cyprus’ path to recovery “must and will” be aligned to sustainable development goals` Finance Minister Constantinos Petrides has said. Speaking at the virtual UN High-Level Political Forum to present Cyprus’ ...

Singapore unveiled on Wednesday one of the world’s largest floating solar panel farms, spanning an area equivalent to 45 football fields and producing enough electricity to power the island’s ...

Five years after President Tayyip Erdogan saw off a coup, his chances of extending his rule into a third decade may depend on whether he can reverse an economic decline ...

The head of the Financial Reporting Council, the UK regulator overseeing financial reporting, told the Financial Times that it had botched the handling of a series of business scandals that ...

French retailers have expressed concern over how a new government proposal requiring them to block people not vaccinated against Covid-19 from shopping malls could possibly work out in practice. Ahead ...

Fighting in Yemen may have reached a bloody stalemate but away from the north-south frontline a battle between rival central banks has splintered the currency and helped send prices soaring. ...

German car manufacturer Volkswagen and Chinese company Gotion High-tech have concluded a strategic cooperation agreement on the construction of a battery cell factory at Volkswagen Group Components’ site in Salzgitter, ...

Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with ...

Twitter saw a surge in demands over the course of last year from governments around the world to take down content posted by journalists and news outlets, data to be ...

The Big Four accounting firms dominated auditing of Britain’s top listed companies last year and collected higher fees, the industry’s regulator said on Wednesday, as long-standing plans to ...

The European Commission on Monday issued a further €10 billion to support Europe’s recovery from the coronavirus crisis and its consequences, the Commission said in a statement. It is the ...

Universal Hydrogen, a US firm that aims to do for clean fuel what Nespresso did for coffee, is poised to announce preliminary hydrogen deals with airlines including Icelandair, Airbus, and ...

According to this year’s recently released Xinhua-Baltic International Shipping Center Development Index Report, Singapore, London and Shanghai are the top three global shipping hubs in 2021, followed by Hong Kong, ...

As recently as 2019, a solid six per cent of Cypriots between the ages of 16 and 74 took part in an online learning programme. This percentage put Cyprus on par with such ...

Spain will invest 4.3 billion euros ($5.1 billion) to kick-start the production of electric vehicles and batteries as part of a major national spending programme financed mostly by European Union recovery funds, ...

The Bank of England scrapped its remaining pandemic curbs on dividends paid by HSBC, Barclays and other top lenders with immediate effect on Tuesday, saying its stress tests showed they ...

Elon Musk will return to the witness stand on Tuesday for a second day to defend Tesla Inc’s $2.6 billion acquisition of SolarCity in 2016, a deal that shareholders say benefited ...

There were scenes of “total chaos” this morning at Heathrow airport check-in due to huge numbers of staff being forced to self-isolate, the Independent reported on Monday. Passengers complained of ...

Oil slumped on Monday over concerns about spreading Covid-19 variants derailing the global economic recovery that has brought fuel demand to near pre-pandemic levels, while tight crude supplies kept prices ...

Ryanair says it will hire 2,000 pilots to crew its fleet of new Boeing aircraft, the airline said in a statement on Monday. It is reportedly the largest recruitment drive that ...