#BusinessPick

Societe Generale’s (SOGN.PA) much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy. As ...

Most leading euro zone banks have met a January 2024 target for issuing special debt to replenish capital in a crisis, but some need to do more to ensure they can, ...

At least $14.3 million worth of coal produced in areas of Ukraine annexed by Russia has been exported to NATO member Turkey this year, according to Russian customs data reviewed by ...

Deutsche Bank has partnered with Swiss crypto firm Taurus to provide custody services for institutional clients’ cryptocurrencies and tokenised assets, Taurus said in a statement on Thursday. The partnership means ...

Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx. CoinEx, which says it is based in Hong Kong, said on Tuesday on social ...

Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) has told Turkish President Tayyip Erdogan it plans to invest $2 billion in Turkey. Michael Evans, president of Alibaba, made the comments in ...

The head of the Association for the Protection of Bank Borrowers (Syprodat) Costas Melas said on Monday that he requested to meet with finance minister to present him with new ...

The ‘photovoltaics for all’ plan will start operating in two months, Energy Minister George Papanastasiou said on Monday. Speaking to CyBC in the morning, Papanastasiou said that funds from the ...

Turkish President Tayyip Erdogan asked Tesla teslaEO Elon Musk to build a Tesla factory in Turkey, the country’s communications directorate said on Monday. It cited Musk as saying that ...

Taiwan’s TSMC (2330.TW), which is making an unprecedented push into chip manufacturing overseas, is taking an increasingly optimistic view of Japan as a production base, two industry sources said, ...

A group of writers including Pulitzer Prize winner Michael Chabon sued Meta Platforms (META.O) in San Francisco federal court on Tuesday, accusing the tech giant of misusing their works ...

When Dutch airline KLM launched adverts urging customers to “fly responsibly” and think about the environmental impact before booking a flight, it said it was showing its commitment to a ...

The European Union’s financial services chief said on Wednesday that a draft law to underpin a digital euro should not be rushed out ahead of European elections next June ...

Adobe (ADBE.O), IBM (IBM.N), Nvidia (NVDA.O) and five other firms have signed US President Joe Biden’s voluntary commitments governing artificial intelligence (AI), which require steps such ...

Enterprise software maker Salesforce (CRM.N) on Tuesday launched a generative AI tool that would be available across its suite of apps from instant messaging service Slack to data visualization ...

The CYENS Centre of Excellence recently held a meeting with the President of the House Commerce Committee, Kyriakos Hadjiyiannis, regarding the “Update on the issues and prospects of Centres of ...

Unlike other companies that are attempting significant transformations with artificial intelligence, Apple (AAPL.O) is using the emerging technology to improve basic functions in its new gadgets. Without using the ...

China’s Huawei Technologies inked on Wednesday a global patent cross-licensing deal with Xiaomi Inc (1810.HK), according to a statement from Huawei. The deal covers communication technologies including 5G, it ...

The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors, Ford and Chrysler parent Stellantis early on Friday, kicking off the most ambitious U.S. ...

Cyprus is gearing up to host the prestigious EMC 2023 – Eastern Mediterranean Conference & Exhibition on Energy from November 28 to 30, 2023. The event, held under the auspices of the Ministry of Energy, ...

Employment in the broad public sector increased by 894 individuals, a rise of 1.2 per cent, in the second quarter of 2023, compared to the same period in 2022, according to the state’s ...

A “national conversation” is needed to assuage public fears that a digital version of the pound would allow the government to spy on them, Bank of England deputy governor designate ...

Global financial regulators and the International Monetary Fund on Thursday set out a roadmap to coordinate measures that stop cryptoassets from undermining macroeconomic and financial stability. Such risks are exacerbated ...

Russia’s VTB Bank (VTBR.MM) said on Wednesday that it will launch money transfers in Indian rupees by the end of September. Retail customers will be able to send ...