Finance

Climate activists are using shareholder meetings to turn up the heat on corporations about their carbon footprints, from flooding them with questions to more colorful tactics like singing or throwing cake at executives.

The post-pandemic financial climate has also paved the way for growth opportunities for investors. According to experts, the recession in Europe has caused investments to change hands, especially in the tourism sector, and Turkish companies are among those looking for hotels in this environment.

The growing use of plastic money by Greek consumers for transactions in brick-and-mortar stores or e-commerce is strengthening the appetite of certain people for intercepting card details and embezzling larger amounts.

Hedepy, a Czech company providing rapid access to online psychotherapy, was chosen the best startup at an international business conference in Maribor on 17 May in a competition of 135 startups from 18 countries.

Building factories to boost job creation and make France more independent - that's President Emmanuel Macron's ambition for the French economy.

It's a big challenge, as France reels from protracted protests, rising food and energy prices and other fallout from the Ukraine war.

Asian and European markets rose yesterday, tracking a rally on Wall Street fuelled by a strong rebound in U.S. regional banks and forecast-beating jobs data that eased fears over a recession in the world's top economy.    

The housing market has recently evolved into one of the most profitable investments, with a return of up to 126% during the last five years (2017-2022).

Those brave enough to acquire an apartment in Attica during 2017 - i.e. when the real estate market began its recovery - are today the big winners, as they have seen the value of their investment more than double.

While Cyprus' economic growth is expected to remain strong, the economic and the fiscal outlooks are exposed to significant downside risks, DBRS Morningstar said in a commentary on the country's new Stability Program.

Investment tycoon Warren Buffett has said that messaging from the U.S. government over the regional banking crisis had been "poor," suggesting that is why confidence has not returned among consumers.    

Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong.

Bank shares have sold off on Wall Street this week following the government seizure and subsequent sale of First Republic Bank to JPMorgan.