#BusinessPick

Britain’s aviation regulator said on Thursday it would increase the amount airlines can be charged for air traffic control services to help national provider NATS recoup costs incurred during ...

Israel’s war with Palestinian militant group Hamas has upended expectations of where Israeli short-term interest rates are headed as policymakers try to balance a sliding shekel and slowing economy ...

In today’s rapidly changing global market, the pace of technological progress is truly impressive. It’s not just about keeping up with the competition; it’s about taking an ...

The 36th annual conference of the International Investment Funds Association (IIFA), hosted in Cyprus from October 23 to 25, 2023, has concluded successfully, the Cyprus Investment Funds Association (CIFA) said on Thursday, noting ...

Zaporizhstal, a Soviet-era steel plant in the southern Ukrainian city of Zaporizhzhia, has managed so far to keep running in defiance of staff shortages, blocked exports, power blackouts and the ...

US penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more Russian cargoes onto vessels referred to as the ghost fleet and away ...

Britain’s Heathrow Airport raised its 2023 passenger forecast on Thursday and reported a big fall in losses for the first nine months of the year following strong summer demand for ...

Oil prices fell on Thursday after a rise in US crude stockpiles and a climb in the dollar index, giving up some ground gained a day earlier when prices jumped ...

Cyprus has recorded a fiscal surplus of €676.3 million, representing 2.4 per cent of the Gross Domestic Product (GDP) for the year 2022, according to an announcement by the Cyprus Statistical Service. Additionally, ...

Britain’s businesses reported another decline in activity this month and cost pressures cooled further, surveys showed on Tuesday, underlining the risk of recession as the Bank of England prepares ...

Zara owner Inditex (ITX.MC), the world’s biggest clothing retailer, has agreed to buy recycled polyester from US start-up Ambercycle, the companies said on Wednesday. As fast-fashion retailers face ...

Japan’s government is considering spending around $33 billion for payouts to low-income households and an income tax cut in a package of measures to cushion the blow to households from ...

The total value of deposits in Cyprus witnessed a substantial increase of €87.7 million in September 2023, marking a recovery after two consecutive months of decline, according to a report released by ...

The Central Bank of Cyprus on Wednesday announced that Gabriel Makhlouf, the governor of the Central Bank of Ireland, concluded his visit to Cyprus, after an invitation had been extended ...

The Bank of England looks set to keep interest rates on hold next week but also stress that it is far from relaxing its fight against Britain’s high inflation ...

Britain’s Barclays (BARC.L) will embark on another restructuring round in the coming months to mitigate the effects of margin pressure from competition in the savings market and another ...

Apple (AAPL.O), the world’s largest tech company, said on Tuesday that it will back a US right-to-repair bill, following years of complaints from consumer advocates that its sleek ...

Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad-based downturn across the region, a survey showed, entering the fourth quarter ...

In a resounding endorsement of Cyprus’ burgeoning investment sector, the 36th Annual International Investment Funds Association (IIFA) Conference kicked off in Limassol on Tuesday, welcoming delegates from major Funds and ...

Exxon Mobil (XOM.N) and Chevron (CVX.N) are flush with cash yet their acquisition targets are taking stock as the only form of payment, an arrangement that allows the ...

Central Bank of Ireland governor Gabriel Makhlouf on Tuesday stressed the importance of closely monitoring the ongoing geopolitical crisis in the Middle East due to its potential economic implications. In ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued a warning to board members of Cyprus Investment Firms (CIFs), reminding them of their roles and responsibility to meet all ...

Nvidia (NVDA.O) dominates the market for artificial intelligence computing chips. Now it is coming after Intel’s longtime stronghold of personal computers. Nvidia has quietly begun designing central processing ...

Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, posted a loss of 374 billion Norwegian crowns ($33.80 billion) in the third quarter of 2023 as all asset classes fell in value, ...