businesspick

Like thousands of pubs across Britain, the Red Lion and Sun fears financial ruin this winter as its energy costs surge, just as business was starting to recover from the …

Oil firms operating in Kurdistan have asked the United States to help defuse an upsurge in tension between Iraq’s central government and the semi-autonomous region, according to a letter seen …

Pilots at Lufthansa will go on strike on Friday, their union Cockpit said, after pay negotiations with the German airline collapsed. The industrial action affecting Lufthansa passenger airline and Lufthansa …

UK’s FTSE 100 logged its worst daily performance in seven weeks on Wednesday as warnings of even higher inflation in the coming months raised fears of a deep recession in …

Airline Operators of Nigeria says owing government agencies does not translate to fraud, noting that “every airline in the world owes debts which are settled as their operations go on”. …

Emirates has restored its flight operations to Nigeria’s commercial capital of Lagos. The company announced this in emails sent to its customers. “We are pleased to inform you that effective …

Amazon (AMZN.O) and Alphabet (GOOGL.O) unit Google criticised Microsoft’s (MSFT.O) cloud computing changes on Tuesday, saying they limit competition and discourage customers from switching to rival cloud service providers. The …

The regulator of Abu Dhabi’s free zone financial centre said on Tuesday it had fined the local subsidiary of fintech firm Wise $360,000 for breaching anti-money laundering (AML) requirements. Abu …

Gulf banks with exposure to Turkey are expected to make further net monetary losses on their investments in the second half of this year and into 2023, ratings agency Fitch …

Tesla Inc (TSLA.O) Chief Executive Elon Musk has set his young company on an aggressive expansion path like no other auto executive has dreamed – but one riddled with potholes …