#BusinessPick

Bitcoin was headed on Friday for its worst week since March as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets. The world’...

Digital vaccination certificates enabling people to travel in Europe despite the coronavirus pandemic will probably be available before the summer, German Chancellor Angela Merkel said after a virtual EU summit. “...

A new coronavirus variant that shares some similarities with a more transmissible and intractable variant discovered in South Africa is on the rise in New York City, researchers said on ...

Larnaca-based energy producer Petrolina is partnering with the London-based Lion Alternative Energy (LAE) to establish a major producer of renewable energy in Cyprus. Petrolina Solar will invest in LAE’s ...

Aston Martin expects to almost double sales and move back towards profitability this year after sinking deeper into the red in 2020, when the luxury carmaker was hit by the pandemic, ...

Airbnb’s quarterly results are likely to show the pandemic may have helped the home rental company lure leisure travelers away from big hotels during the global travel collapse of 2020. ...

Cyprus’ EMBIO Diagnostics has received an award for innovation in Covid-19 response, the European Bank for Reconstruction and Development (EBRD) announced on Thursday. Costantinos Louizou, CEO of EMBIO Diagnostics told ...

British finance minister Rishi Sunak should follow the lead of the United States by announcing a £100 billion stimulus push in next week’s budget to fuel an economic recovery from ...

It was an event that could set a precedent in a world longing for a return to normal – a music concert attended by scores of Israelis vaccinated against Covid-19. The ...

Superhome Centers, a chain of DIY stores with branches across the island, are set to open three new stores in Cyprus. The first will be a new store in Lakatamia ...

Electric-car maker Fisker Inc said it will work with Apple Inc supplier Foxconn to produce more than 250,000 vehicles a year beginning in late 2023, sending its shares up 18 per cent. The ...

Milan prosecutors said on Wednesday they had ordered four major food delivery companies to officially hire more than 60,000 workers and pay a total of 733 million euros ($889 million) in fines after ...

Bank of Cyprus on Wednesday announced a loss of €171 million for 2020, but showed a promising outlook for the coming year as fourth quarter results saw total income rise to €142 million ...

Inflation returned to the euro area in January at 0.9 per cent due to a number of temporary factors, although in Cyprus it remained at a low -0.8 per cent. Cyprus ...

AstraZeneca Plc has told the European Union it expects to deliver less than half the Covid-19 vaccines it was contracted to supply in the second quarter, an EU official told ...

Financial incentives bring filmmakers to Cyprus, and their projects create jobs and work for service providers. Yet the filmmakers must struggle to obtain their incentive payments. Of the 10 applications so ...

Breakingviews Calling the bottom on Greek banks has been a triumph of optimism over experience. Still, there is reason to believe that €1.2 billion euro Alpha Bank, in which US investor ...

Sterling looks set to extend its rally beyond $1.40, thanks to the pace of Britain’s Covid-19 vaccine rollout and signs that investors are flocking back to assets out of favour ...

Drones with advanced facial recognition capabilities, a common feature in works of science fiction, recently took a big step closer to becoming a reality. Earlier this month a US patent ...

The UK antitrust tribunal ruled on Monday that Epic Games, the creator of popular game Fortnite, will not be allowed to pursue its case against Apple Inc in the United ...

Financial services firms have become the primary target of cyber criminals during the pandemic, according to a report in The Banker. The surge in homeworking during the pandemic has increased ...

The Syrian pound sank to a new record low on Sunday with a scramble for dollars in a country hit by sanctions and facing a severe foreign currency crunch, dealers ...

Boeing Co said it recommended suspending the use of 777 jets with the same type of engine that shed debris over Denver at the weekend after US regulators announced extra inspections ...

Electric hypercar maker Rimac Automobili and Volkswagen’s supercar brand Bugatti are a good technological fit, Porsche AG’s CEO told German weekly Automobilwoche, fuelling hopes that a deal between ...