#BusinessPick

The Turkish lira, at 10.32 to the euro, 8.44 to the dollar at this writing, is under extreme stress, according to analysts. The currency is perilously close to its record low of 10.50 ...

WhatsApp has filed a lawsuit in Delhi against the Indian government seeking to block regulations coming into force on Wednesday that experts say would compel Facebook’s messaging app to ...

Amazon.com Inc said on Wednesday it is buying MGM, the fabled US movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films ...

Airbnb on Wednesday said new trends are changing the travel industry as longer stays, and family groups are now most popular choices. On Wednesday, Airbnb released its Travel & Living ...

The Guangdong-Hong Kong-Macao Greater Bay Area launched its first freight-train route to ASEAN countries on Tuesday. A freight train loaded with goods worth about 94,400 U.S. dollars departed from Guangzhou, ...

The fundamentals for the dollar remain bearish, analysts say. The euro is up 4 per cent against the dollar, the Brazilian real has risen 6 per cent and the Chinese yuan by ...

US electric vehicle maker Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they ...

EU negotiators begin two days of talks on Tuesday on a plan designed to make the bloc’s huge farming subsidies greener and fairer, although campaigners question its environmental impact. ...

A decade ago, private equity couldn’t get enough of plastic packaging. They snapped up companies making bags, films and trays to contain everything from food and fashion to drink ...

The European Commission has loaned Cyprus €124 million under the Support to mitigate Unemployment Risks in an Emergency (SURE) Programme, the Commission said in a press release on Tuesday. The funds ...

Bank of Cyprus announced first quarter revenue of €136 million, and operating profit of €45 million, the bank said in a statement on Tuesday. Profit after tax was €8 million. But organic profit (...

Forget Brexit, says the Confederation of British Industry, a group which represents 190,000 companies in the UK. The organisation says “Seize the Moment,” and releases a report intended to establish a ...

China’s national science and technology week that kicked off on May 22 included a vast gamme of innovations, from robots serving drinks to quantum computing. Students from Beijing 101 Middle School, ...

More than 1.3 million UK residents have registered for the National Health service app since details of vaccination against Covid were added. The app enables users to show proof they have ...

Founder of Chinese tech giant Huawei Technologies Ren Zhengfei has called on staff at the company to “dare to lead the world” in software as the company seeks growth beyond ...

Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs (NYSE:GS) said the case ...

HSBC has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its Chief ...

The Group of Seven top advanced economies are close to an accord on the corporate taxation of multinationals, paving the way for a global deal later in the year creating ...

Flying at Mach 3 and reaching more than 55 miles above the Earth Saturday, British billionaire Sir Richard Branson’s private spaceship company Virgin Galactic Holdings Inc (SPCE.N) on Saturday completed ...

Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk tweeted on Saturday that in a battle between fiat and cryptocurrencies, his support is with crypto. Two days ago, Musk assured ...

Spanish Prime Minister Pedro Sanchez presented the European Union’s (EU) planned Digital COVID Certificate, which is meant to be key to restoring easy and safe travel across the bloc ...

“I’ve never seen an economy that feels as good as the US today,” Mark Zandi, chief economist at Moody’s Analytics, told CNN Business. “The economy is booming. It’...

France, with the support of the EU Commission, is preparing sanctions against Lebanese politicians, intended to target their unwillingness to form a government despite the country’s nearly complete collapse. ...

A responsible-investment arm of Canada’s Bank of Montreal sold roughly $275 million worth of Microsoft Corp shares because of the company’s recent US Army contract for augmented reality headsets, ...