businesspick

Shipping group Maersk (MAERSKb.CO) said it expects weaker 2022 global container demand growth on Wednesday, after moving fewer containers by sea in the second quarter due to worsening consumer confidence…

The European Union’s securities watchdog has begun preparations for increased scrutiny of crypto transactions after the bloc agreed groundbreaking rules to regulate what it called a “Wild West” sector, a…

The net profit of Turkey’s banking sector leapt 400 per cent from a year earlier to 169.15 billion lira ($9.42 billion) in the first half of the year, the BDDK…

Russia’s services sector expanded in July at its fastest pace in more than a year, a business survey showed on Wednesday, as strong domestic demand outweighed slumping export orders for…

United Nations Secretary-General Antonio Guterres on Wednesday slammed the “grotesque greed” of oil and gas companies and their financial backers and urged governments globally to “tax these excessive profits” to…

Saudi Arabia has set up an agency to promote investment in the country, a key goal of an ambitious economic reform agenda, the investment minister and state media said on…

Former President Olusegun Obasanjo has lamented the rising cost of diesel, saying it has adversely affected his fish business. Speaking during a southwest fish farmers’ congress on Tuesday at the…

Turkish inflation rose to a fresh 24-year high of 79.6 per cent in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed…

The value of German exports jumped by 4.5 per cent in June to hit a record level, though economists cautioned that much of the increase was likely due to soaring…

Uber Technologies Inc (UBER.N) on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing…