Business

The Association for the Protection of Borrowers (Syprodat) this week said that the new government should engage in dialogue with Cypriot banks in order to resolve the issue of non-performing ...

Barclays (BARC.L) reported a 14 per cent fall in full-year pretax profit on Wednesday as earnings were poleaxed by surging costs, a collapse in deal fees and multi-million dollar fines ...

Britain’s stocks and bonds are drawing strong buying interest, not quite a vote of confidence in the economy but a reassuring sign for policymakers that a deep investment freeze ...

The Bank of Cyprus on Wednesday announced that it recently received the Quality Recognition Award from global finance giant JP Morgan Chase Bank, in recognition of the bank’s excellence ...

A group-wide IT system failure at Lufthansa (LHAG.DE) stranded thousands of passengers on Wednesday, which the German airline blamed on underground engineering works at a railway station in Frankfurt ...

The confiscation of private Russian assets would undermine the Swiss constitution and the prevailing legal order, the Swiss government said on Wednesday, citing the findings of a working group set ...

Nokia (NOKIA.HE) and Kyndryl (KD.N) have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless networks, following their first ...

2023 is shaping up to be an exciting year for the crypto world, and the three coins that are making waves are Binance Coin (BNB), Ethereum (ETH), and the newcomer Orbeon ...

Increased property availability could help to stimy soaring rental prices The city of Nicosia could have an additional 10,180 apartments, which could alleviate rising rental costs and soaring real estate prices, ...

Polkadot (DOT) is rallying yet again as it stands to gain from its ever growing ecosystem. Orbeon Protocol (ORBN) is set to change the game in the world of DeFi. ...

It’s alive! The NFT market is twitching out of its torpor, defying reports of its demise. Total NFT sales on the ethereum blockchain – which hosts most trading – jumped to $780.2 ...

Britain on Tuesday will set out draft legislation to regulate “buy now pay later” credit, saying the sector posed potential harm to consumers without thorough affordability checks. BNPL companies are ...

The European Union on Tuesday announced that it had added the British Virgin Islands, Costa Rica, Marshall Islands and Russia to its list of non-cooperative jurisdictions for tax purposes. This ...

Pay ex-bonus +6.7 per cent vs Reuters poll +6.5 per cent Total pay growth slows to +5.9 per cent on bonus effect Bank of England worries about inflation heat in pay growth Unemployment ...

International hydrocarbon exploration and production company Energean on Tuesday announced that Israel has now officially entered the oil exporters club, after hydrocarbon liquids were transported from Karish. “Energean is delighted ...

Ford (F.N) plans to cut 3,800 product development and administration jobs in Europe in the next three years, the company said on Tuesday, citing rising costs and the need for ...

Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring ...

The Cypriot economy has achieved remarkable performance in recent years amid a period of sustained instability, a senior official with the International Monetary Fund (IMF) said on Tuesday. The comments ...

The European Union will on Wednesday launch an ad hoc group to investigate how billions of dollars in frozen Russian funds, including central bank reserves, can be used for reconstruction ...

Credit cards are becoming increasingly useless in Venezuela because of high inflation and government restrictions, hurting people already struggling to meet daily needs on low salaries, banking industry sources, analysts ...

i-BrainTech’s decision is seen as a vote of confidence in Cyprus Israeli sports technology company i-BrainTech, a pioneer in athletic brain training, on Tuesday announced its plan to expand ...

Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow’s gas trade with Europe is unlikely to recover from the ravages of military conflict. After President ...

The firm behind Binance’s stablecoin, Paxos Trust Company, said the US Securities and Exchange Commission (SEC) has told the company it should have registered the product as a security ...

Orbeon Protocol (ORBN), Polygon (MATIC) and Aave (AAVE) are three such tokens that are generating a lot of interest in the DeFi world. In fact, Orbeon Protocol (ORBN) has sold ...