Economy

Basic pension to rise without affecting Social Insurance Fund

Pension reform in Cyprus aims to increase the basic pension to the highest possible level without undermining the financial stability of the Social Insurance...

BP profits more than double as oil prices continue to climb

Oil prices drive profit jump BP's profits for the first three months of the year have more than doubled following a surge in oil prices...

Iran suspends exports of steel plates and sheets until May

Iran has banned exports of steel plates and sheets until May 30, state media reported, as the country moves to manage shortages in its...

Oil prices rise as US–Iran talks stall

Markets react to geopolitical uncertainty Oil prices recorded a sharp increase in early Asian trading on Monday, driven by a lack of progress in US–Iran...

Fuel crisis threatens summer travel in Europe

Airlines brace for turbulent season The fuel crisis is expected to disrupt summer travel across Europe, even if the conflict in the Middle East ends...