European shares post worst weekly loss since September as recession fears mount
European shares slid on Friday, ending the week sharply lower after major central banks flagged further rate hikes, while economic activity data from the euro...
stocks
Cyprus awards tender for corn and barley as animal feed stocks dry up
The agriculture ministry has awarded a tender for the purchase of a quantity of 20,500 tonnes of corn from alternative sources, with reserves for animal...
Fuel sales begin road to recovery
Fuel sales began to recover in May when coronavirus lockdown restrictions started lifting, showing a 57.9 per cent spike over the previous month. Total sales...
Wirecard scrambles to find missing $2.1 billion as loan crunch looms
Wirecard‘s auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German...
EU to provide €35m for Cyprus oil stocks
The European Investment Bank is to give €35 million to the Cyprus Organisation for Storage and Management of Oil Stocks (COSMOS) to build a 210,000...
Sterling hits 2016 high on bets Britain will stay in EU (Updated)
By Anirban Nag Sterling hit a 2016 high and the euro surged against the dollar and yen on Thursday after a series of late opinion...
China’s chief stock regulator has offered to resign – sources
By Benjamin Kang Lim and Kevin Yao Xiao Gang, the embattled head of China’s securities regulator, has offered to resign, sources said, after perceived mismanagement...
Chinese stocks breach Dec 2014 closing low, offshore yuan weakens (Update 2)
By Nathaniel Taplin and Samuel Shen Chinese shares tumbled again on Friday, with the Shanghai index closing lower than at any time since December 2014,...
China holds line on yuan, stocks remain fragile
By Samuel Shen and Nathaniel Taplin China’s central bank held the line on its yuan for a fourth straight session on Wednesday while putting the...
China stocks rise as firmer offshore yuan eases depreciation, outflow fears
China stocks rose on Tuesday as financial stocks bounced and the offshore yuan strengthened on suspected state bank intervention, in what could be the latest...
