businesspick

The Bank of Israel raised its benchmark interest rate on Monday (ILINR=ECI) by three-quarters of a percentage point, its biggest hike in two decades, and appeared on track for further …

Oil rose on Tuesday as renewed concerns over tight supply dominated market sentiment after Saudi Arabia warned that the major oil producer could cut output to correct a recent oil …

Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COVID-19 pandemic, as well as a larger decline than …

French supermarket retailer Carrefour (CARR.PA) said it would freeze the prices on 100 of its products, in order to help French people tackle soaring inflation in the country. Carrefour’s move …

Britain’s Vodafone (VOD.L) will sell its Hungarian business for 715 billion forints ($1.8 billion) in cash, it said on Monday, in a deal that will create a locally-owned telecoms leader …

Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive US interest rate hikes will weaken the global economy and dent fuel demand while a …

Turkey doubled its imports of Russian oil this year, Refinitiv Eikon data showed on Monday, as the two countries are set for broader cooperation in business and especially energy trade …

European budget carrier Wizz Air (WIZZ.L) has suspended plans to resume flights from the Russian capital of Moscow to Abu Dhabi in the United Arab Emirates, amid mounting criticism over …

The Federal Government says it has started making moves to resolve tariff shortfalls in the power sector. Vice President Yemi Osinbajo (SAN) disclosed this in his remarks delivered virtually on …

Israeli spyware firm NSO Group said on Sunday its Chief Executive Shalev Hulio is stepping down with immediate effect, with Chief Operating Officer Yaron Shohat appointed to oversee a reorganisation …