Cyprus to receive first tranche of EU cash for reforms on Friday
Cyprus will on Friday receive the first tranche from the EU’s Recovery and Resilience Facility, as European Commission technocrats conveyed to authorities here the need...
Business
Oil dips on OPEC+ uncertainty; easing China COVID curbs limit losses
Oil prices dipped in Asia trade on Thursday as uncertainty lingered ahead of Sunday’s OPEC+ meeting, though easing COVID curbs at the world’s top crude...
Defiant pound sees biggest monthly rise since 2020 – but still trails most peers
The pound has pulled off its biggest monthly increase against the U.S. dollar since July 2020 in November, although its rally was eclipsed by peers...
Eurobank to become Hellenic Bank majority shareholder
Eurobank on Thursday said that it has increased its stake in Hellenic Bank to 26 per cent, having now made an agreement for the acquisition...
Senate banking chief urges US Treasury to secure new crypto rules
A Democratic senator and chair of a key committee on Wednesday pressed US Treasury Secretary Janet Yellen for help in securing legislation to better regulate...
Viberate (VIB) prices up 52%, while Orbeon Protocol (ORBN) surges by over 260% in presale
Viberate (VIB) operates in a niche market but has still beaten the wider market this year, as most cryptos are in a slump. VIB, on...
UK house prices post biggest slide since mid-2020
British house prices tumbled 1.4 per cent in November compared with October, the biggest monthly drop since June 2020 and the clearest sign yet that...
Why everyone should know what blockchain is in 2022
You have probably heard about blockchain at this point. It has become a household term, and most people have some connection to the word. But...
Sweden’s H&M to lay off 1,500 staff in drive to cut soaring costs and rescue profits
Swedish fashion giant H&M on Wednesday became the first big European retailer to start laying off staff in response to the cost of living crisis...
Honda to develop advanced level 3 self-driving technology by 2029
Honda (7267.T) said it would develop technology enabling its level 3 self-driving capability to function at any speed below legal limits on highways by the...
