July 31 (Reuters) – Indian conglomerate ITC reported a 27% slump in quarterly profit on Friday as fresh cigarette tax hikes dragged down earnings in its core cigarettes business. The world’s most …
Fast chips, big money, 3:30 a.m. calls: Taiwan’s urgent quest to win over Trump
In April 2025, officials in Taiwan watched in shock as President Trump unveiled his “Liberation Day” tariffs. Taiwan was hit with a 32% rate, steeper than most other developed economies. They felt …
Cyprus Business Now: wages, natural gas, easyJet, shipping, AI, economic outlook
The final investment decision to develop the Kronos natural gas field in block 6 of Cyprus’ exclusive economic zone offers an opportunity to exploit the area’s remaining gas reserves for the island’s …
Cyprus business now: Cyta, tourism, CBC, unemployment, BoC, pensions, energy
The Cyta board of directors on Thursday presented its report covering its February 2024 to July 2026 term, describing the period as one marked by major transformation, strategic reforms and …
EDB team concludes visit to France and Monaco
A High-level delegation from the Bahrain Economic Development Board (Bahrain EDB), led by Sustainable Development Minister and EDB chief executive officer Noor Al Khulaif, has concluded a strategic …
Sri Lanka steps up IP reforms as business, regulators call for stronger protection to boost US trade and investment
Sri Lanka is accelerating reforms to modernise its intellectual property (IP) ecosystem as policymakers, regulators, law enforcement agencies, industry leaders and legal experts urged stronger …
Cyprus Business Now: Tax reform, financial stability, real estate, Wealthyhood
The 50 highest-value property transactions completed in Cyprus during the first six months of 2026 were worth a combined €286.4 million, according to analysis released by real estate analytics firm …
Cyprus growth forecast lowered as inflation outlook worsens
Middle East tensions weigh on Cyprus economic prospectsCyprus’ economy is expected to slow down in 2026 as inflation accelerates, according to updated economic projections published on Wednesday by …
Iraq and Turkey strike a 1-year oil pipeline deal to boost exports during ongoing Hormuz closures
Iraq and Turkey have signed a deal to transport Iraqi crude oil through a pipeline to Turkey’s port of Ceyhan.
Russia seeks rupee-based trade with Bangladesh to bypass US sanctions
Russia proposes using Indian rupees for trade with Bangladesh to ease sanctions challenges. Key talks are set for the bilateral commission meeting this fall.