Business

Cyprus president criticizes UK minister over Turkey drilling

May 14, 2019

Cyprus' president has criticized remarks by Britain's Foreign Office minister that cast doubt over the east Mediterranean island nation's offshore economic rights as 'unacceptable'

Hungary stems migrant flow, but issue remains big in EU vote

May 10, 2019

Hungary has stemmed the flow of migrants into the country compared to 2015, but the issue is still dominating the campaign for the European Parliament election

Voters to pick successor of Lithuania's popular 'Iron Lady'

May 10, 2019

Nine candidates are vying Sunday to follow Lithuania's popular President Dalia Grybauskaite as head of state

UniCredit profits up 25 percent, best 1Q in a decade

May 9, 2019

Italy's largest bank by assets, UniCredit, posted its best quarter in a decade, with a 25% boost in first-quarter profits as the bank pushes ahead with a reorganization plan that includes deep cost-cutting

Cyprus seeks EU backing to counter Turkey's gas drilling bid

May 8, 2019

Cyprus says it will rally support from fellow European Union countries and others to counter Turkey's bid to drill in waters where the east Mediterranean island nation has exclusive economic rights

World's biggest beer maker looks to list shares in Asia

May 7, 2019

AB Inbev, the world's biggest brewer and the owner of brands like Bud and Stella Artois, says it may list some of the shares of its Asian business on the Hong Kong stock exchange

Ferrari driven by surge in sales in China

May 7, 2019

Automaker Ferrari says its profits rose in the first quarter as demand for its luxury sports cars grew strongly, particularly in China

Cyprus: Turkey's drilling bid off island 'second invasion'

May 6, 2019

Cyprus' president is calling Turkey's bid to drill for natural gas in waters off the island a "second invasion" and violation of international law

Pope in Bulgaria says refugees need love; Orthodox stay away

May 6, 2019

Pope Francis told refugees Monday in Bulgaria's showcase refugee center that they are bearing the "cross of humanity," as he pressed his call for the migrant-skeptic Balkan country to welcome poor and desperate foreigners with love and not disdain

American accused of killing Italian clothing store owner

May 5, 2019

Italian police arrest 22-year-old American for allegedly killing clothing store owner in city near Rome

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