#BusinessPick

Ferrari and Amazon Web Services (AWS) have entered an agreement to make Amazon’s cloud computing unit the luxury carmaker’s cloud storage, machine learning, and artificial intelligence provider, AWS ...

Copyright trolls can turn to EU rules to demand compensation for infringed works on peer-to-peer networks but only if their requests are proportionate, Europe’s top court said on Thursday. ...

Italian Prime Minister Mario Draghi on Thursday signed a decree to create “green pass,” a digital proof that the holder is not infected by the coronavirus. The system, which became ...

Running is viewed as an isolated form of exercise. Limassol-based Fun Run Cyprus is here to change that perception by cultivating a community of like-minded people who help support each ...

Faced with the choice of leaving their savings stuck in the bank or investing them at a huge loss, some Lebanese people are opting to take a punt. For them, ...

Russian lawmakers passed legislation on Thursday that would oblige US tech giants to open offices in Russia by January 2022 or face punitive measures, part of a push by Russia to ...

Bank of Cyprus announced on Thursday that it has successfully completed the issuance and sale of a €300 million high-priority bond through its European Medium-Term Bond Loan Program (EMTN Program), the ...

Many Italian scientists agreed that it was almost certain that the virus was in circulation within Italy’s borders before it was formally identified in January 2020, but remain split over ...

Federal Reserve officials signaled on Wednesday that they expected to raise interest rates from near-zero levels sooner than they had previously forecast. The euro and the pound both fell sharply ...

German supermarket chain Lidl captured a new record market share of 6.2 per cent across Europe during the previous year as the entire sector bucked wider retail trends for a strong ...

No major bank in the eurozone meets all of the European Central Bank’s expectations in assessing climate-related risk and they should expect increased pressure from their supervisor to adjust, ...

Airlines renewed their calls on Britain to restart international travel, pleading with the government to allow people vaccinated against COVID-19 to travel freely with the peak summer season just weeks ...

British inflation unexpectedly jumped above the Bank of England’s target in May when it hit 2.1 per cent, part of a post-lockdown climb in prices that is expected gather pace. ...

The United States and the European Union have agreed a truce in their near 17-year conflict over aircraft subsidies, suspending for five years one set of Trump-era tariffs which had ...

When Ethiopia awarded its first private telecom licence last week, Prime Minister Abiy Ahmed hailed it as the crowning achievement of his plan to open up Ethiopia’s tightly controlled ...

A digital euro could suck away 8 per cent of euro zone banks’ customer deposits, analysts at Morgan Stanley have estimated, although the share may be far higher in some of ...

Researchers are conducting phase-1 and phase-2 clinical trials on a China-made inhaled Covid-19 vaccine, a Chinese health official said Friday. After completing the collection of clinical-trial data, experts will study ...

Ireland will double the quarantine period for unvaccinated or partially vaccinated arrivals from Britain to 10 days but still plans to allow people to move more freely between the two countries ...

A growing number of major soccer clubs are launching digital coins that allow fans to vote on a variety of minor decisions as the sport faces slumping revenues caused by ...

Cyprus is not a tax haven but it is a competitive investment destination due to the legal framework, investors, natural wealth and skilled labour, finance minister Constantinos Petridis told CNBC ...

£784 million were lost to financial fraud last year, according to the UK’s Action Fraud. Victims of investment scams who referred to a social media platform lost £63 million ($89 million). The ...

US Federal Reserve officials are expected to begin debate on tapering the Fed’s monthly asset purchases as soon as this week’s policy meeting, but the central bank is ...

Italians under the age of 60 who received a first dose of the AstraZeneca (AZN.L) Covid-19 vaccine, known as Vaxzevria, can be given a different vaccine when they get their ...

Upmarket retailer Ted Baker said on Monday dresses and suits were back in demand, with Britons rediscovering a taste for formal wear as months of COVID-19 curbs on social life ...