Apple iPhone 12 mini sales slow as smaller smartphones lose appeal
Apple Inc’s iPhone 12 mini U.S. sales were just 5 per cent of overall sales of its new phones during the first half of January, industry data provider Counterpoint said ...
EU’s Vestager warns Apple to treat all apps equally amid privacy dispute
Europe’s antitrust chief, Margrethe Vestager, has warned Apple Inc to give equal treatment to all apps on its platform amid the iPhone maker’s privacy changes that have drawn ...
Buy A Tesla with bitcoin? Coming soon.
Tesla Inc expects to allow customers to pay for its electric vehicles with bitcoin soon, the automaker said on Monday, a move that could expand how the most popular cryptocurrency ...
Cyprus economy slows; rebound expected with solid growth – Economists
The Cyprus economy slowed in January, as the restrictions shut down many forms of economic activity. But a substantial rebound is expected after the vaccination programme is implemented, and economic ...
Hyundai, Kia say Apple car deal now off, see $8.5 bn wiped off market value
South Korea’s Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks ...
Estonian firm to build modular nuclear reactor; major step towards becoming carbon neutral
Small Estonian firm Fermi Energia said on Monday it was raising capital to start the official planning process for a new generation small modular reactor (SMR) which would be one ...
Libya’s new interim government has chance to restart economy
Libya’s parallel eastern administration welcomed Friday’s announcement of a new interim government to unite the country, but added it would only cede power if the eastern-based parliament approved.
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Vietnam’s Vinfast to test self-driving vehicles in US, plans sales in Europe
Vietnam’s first domestic car manufacturer, Vinfast, said on Sunday it had obtained a permit to test autonomous vehicles on public streets in California.
Two models of VF32 and VF33 ...
Mergers & Acquisitions gives 147% boost to Lazard Q4 profit
Lazard Ltd, one of the world’s largest investment bank, reported a 147 per cent surge in fourth-quarter profit on Friday, powered by growth in its financial advisory business as corporate ...
Should you invest in the Fidelity 500 Index Fund?
“Take intelligent risks, rather than follow the crowd,” advised Edward C. Johnson II who founded Fidelity in 1946. Today, Fidelity is one of the world’s largest asset managers with $3.3 trillion ...
Europe’s recovery at risk; vaccine rollout lag costs €70bn per month
A five-week lag on the vaccination front. If left uncorrected, that would cost close to €90 billion euros in output this year, equivalent to two percentage points of lost quarterly GDP ...
Ether seeks greater acceptance with futures launch
Futures on ether, the second largest cryptocurrency in terms of market capitalisation and daily volume, will launch late Sunday on derivatives exchange CME, as investors seek to take advantage of ...
Biden’s immense economic challenge: Putting 10 million people back to work
President Joe Biden pushed for more fiscal support Friday to address one of the greatest challenges created by the Covid-19 pandemic – how to get millions of out-of-work Americans back on ...
TikTok has got personal finance (for real)
Here are some things you can learn on TikTok: how to make a hot cocoa bomb; how to use pasta water; how to lip sync; how to make your hair ...
US to negotiate end to Nordstream 2 sanctions; Americans face ‘sanction fatigue’
The US is signaling that it is ready to end sanctions on the Nordstream 2 pipeline, according to a report published by German newspaper Handelsblatt.
Under US President Joe Biden, the ...
Lockdown restrictions wreaking havoc for Halloumi producers
Following a fifteen-year steady increase in world demand for Halloumi, export growth declined 2020, especially in the final quarter of the year, as restaurant closures across Europe stifled consumption of the ...
Bank of England to give six months to banks for negative rates
In a letter to lenders published Thursday, Sam Woods, the head of the Bank’s Prudential Regulation Authority said a majority of banks would need time to alter systems and ...
NY money manager charged in $1.8 billion Ponzi-like fraud
The founder of a New York money manager and two associates were criminally charged on Thursday with running a $1.8 billion Ponzi-like fraud where thousands of victims were falsely promised steady ...
Electric and hybrid car sales in EU triple in 2020 to reach 1 million
Sales of electric and plug-in hybrid cars in the European Union almost trebled to over 1 million vehicles last year, accounting for more than 10 per cent of overall sales, data showed ...
Yellen seeks to ‘understand deeply’ GameStop frenzy as market regulators meet
US Treasury Secretary Janet Yellen said on Thursday that she and financial market regulators needed to ‘understand deeply’ what happened in the recent trading frenzy involving GameStop Corp and other ...
Cyprus, well-positioned for pandemic, can manage increased public debt — Fitch
Cyprus’s 2021 budget targets a wider deficit than we had previously expected, but fiscal performance should still be strong relative to regional and ratings peers, Fitch Ratings said in a ...
PayPal to add 50m users in 2021; expects $25.5bn in annual revenue
PayPal said it was expecting an addition of about 50 million active users in 2021 and forecast annual revenue of about $25.5 billion, well above the $21.4 billion estimated by analysts. Its shares were ...
Denmark to launch vaccine passport; ‘special privileges’ attached for passport holders
Denmark will launch a vaccine passport by the end of the month, and those who hold it will obtain special privileges, the Danish government announced on Wednesday.
Morten Bodskov, Denmark’...
Turkish inflation rate up to 15%
Annual Turkish inflation rose 15 per cent in January from 14.6 per cent a month ago. Core inflation, which strips out food and energy prices, also increased to 15.5 per cent, the Turkish ...